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CSE continues on subdued run; indices decline in mid-day trade

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By Hiran H.Senewiratne

Shares edged-down in mid-day trade and the market’s subdued run continued yesterday amid low investor interest and activity. The latter was reflected in low turnover and index declines, market analysts said.The All- Share Price Index went down by 1.62 points and S and P SL20 declined by 1.5 points. Turnover stood at Rs 966 million with two crossings. Those crossings were reported in Hemas Holdings, which crossed 860,000 shares to the tune of Rs 55 million; its shares traded at Rs 64 and HNB 174,000 shares crossed for Rs 20.7 million; its shares fetched Rs 119.

In the retail market top seven companies that that mainly contributed to the turnover were, Hemas Holdings Rs 201 million (3.1 million shares traded), Dialog Rs 92.2 million (8.4 million shares traded), Expolanka Holdings Rs 44.6 million (268,000 shares traded), JKH Rs 43.2 million (314,000 shares traded), Tokyo Cement Rs 39.5 million (808,000 shares traded), Browns Investments Rs 32.7 million (5.5 million shares traded) and Ambeon Capital PLC Rs 23.9 million (92.3 million shares traded). During the day 59.3 million share volumes changed hands in 11000 share transactions.

It is said high net worth and institutional investor participation was noted in Hayleys and JKH. Mixed interest was observed in Dialog Axiata, Tokyo Cement Company nonvoting and Expolanka Holdings, while retail interest was noted in Browns Investments, Softlogic Capital and LOLC Finance.

The Capital Goods sector was the top contributor to the market turnover (due to JKH and Royal Ceramics), while the sector index edged up by 0.07%. The share price of John Keells Holdings closed flat at Rs. 137. The share price of Royal Ceramics appreciated by 30 cents to reach Rs. 28.90.

The Materials sector was the second highest contributor to the market turnover (due to Tokyo Cement Company nonvoting), while the sector index decreased by 0.68%. The share price of Tokyo Cement Company nonvoting closed flat at Rs. 48.Yesterday the Central Bank’s US dollar buying rate was Rs 313.05 and the selling rate Rs 328.51.



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Ceylinco Life agent among three global finalists for award

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Ceylinco Life’s Ambalantota branch agent AIP Manjula

Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.

The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.

Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.

The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.

The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.

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CEAT Kelani retains AA+ rating for sixth year

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CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.

The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.

Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.

The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.

Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.

The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.

CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.

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SLT-MOBITEL Enterprise launches Premium Cloud

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Riyaaz Rasheed, CEO, SLT-MOBITEL, and Faiz Shakir, VP Sales – Nutanix, Southern Asia, unveil SLT-MOBITEL Enterprise Premium Cloud Powered by Nutanix to support enterprise digital transformation

SLT-MOBITEL Enterprise, the enterprise services arm of Sri Lanka Telecom PLC, has launched its Premium Cloud service powered by Nutanix, aimed at helping Sri Lankan businesses modernise their IT infrastructure and accelerate digital transformation.

The service was unveiled at the Lanka Tech Summit 2026 held recently at ITC Ratnadipa, Colombo.

The Premium Cloud combines hybrid multi-cloud capabilities with enterprise-grade performance, enabling businesses to run mission-critical workloads, scale cloud deployments and strengthen business continuity through disaster recovery capabilities.

Hosted on SLT-MOBITEL’s Tier III data centre infrastructure, the platform is designed to provide enhanced security, reliability and flexibility while supporting the growing technology requirements of enterprises.

SLT-MOBITEL Enterprise said the platform would also support organisations seeking to adopt AI-ready capabilities and improve the management and performance of IT workloads.

A key feature of the launch was SLT-MOBITEL Enterprise joining the Nutanix Elevate Service Provider Program (NESPP), which the company said made it the first service provider in the region to join the programme.

Powered by Nutanix’s hybrid multicloud platform, the service enables application and data mobility across on-premises environments, public clouds and edge locations.

The company said the partnership combined Nutanix’s cloud technology with SLT-MOBITEL’s local expertise and support, strengthening its multi-cloud portfolio.

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