President Ranil Wickremsinghe has criticized certain individuals for spreading disinformation that negatively impacts the stock market. He noted that certain discussions which predict the dissolution of Parliament cause market instability.
‘Some individuals claim that the discussions on economic transformation are unsuccessful, while others are predicting about the dissolution of Parliament. When they make these types of statements the stock market faces a downturn on the following day. Then they purchase the shares. When the government assures the people that no such development will take place, the market rises again, and they sell their stocks at profit. This is not a political issue,” the President explained.
President Ranil Wickremesinghe made these remarks during the opening of the new Court Complex in Theldeniya. (Newswire)