President Ranil Wickremesinghe has criticized certain individuals for spreading disinformation that is negatively affecting the stock market.
Speaking at the opening of the new Court Complex in Theldeniya, Wickremesinghe highlighted that predictions about the dissolution of Parliament and claims that economic transformation efforts are failing have caused market instability.
The President explained that these misleading statements lead to a downturn in the stock market, which some individuals exploit by purchasing shares at lower prices. When the government reassures the public that no such developments will occur, the market recovers, allowing these individuals to sell their stocks at a profit.