Share prices at the Colombo Stock Exchange have sunk this week, leading to its lowest turnovers in recent times, amidst speculation that SEC Director-General Malik Cader was likely to step down or asked to resign.
The sources said that some politically, influential investors were putting pressure on government higher-ups to ease controls in the market, saying it was hampering business. There has a lot of concern in recent times over insider trading and market manipulation in the market. (DEC)
What do you think guys?