Business
CDB crossing invigorates share market by contributing 45 percent to turnover
By Hiran H.Senewiratne
Although the Colombo Stock Market kicked off in a slow pace yesterday with profit takings, it later picked the slack as the banking sector counters showed dynamism.This was led by the Citizens Development Bank (CDB) which contributed more than 45 percent to the day’s turnover.
Reportedly , during the crossing, shares that belonged to Janashakthi Insurance were sold to other unknown parties but the details were not disclosed up to the time this report was compiled.
Amid those developments both indices moved upwards. All Share Price Index up by 93.07 points while S and P SL20 up by 15.8 points.
Turnover stood at Rs 4.92 billion with five crossings. Those crossings were reported in Citizens Development Bank, which crossed nine million shares to the tune of Rs 2.22 billion and its share price traded at Rs 247.50, DFCC 2.67 million shares crossed to the tune of Rs 227 million and its share price traded at Rs 85, HNB 430,000 shares crossed to the tune of Rs 99.4 million and its share price traded at Rs 234, Central Finance 250,000 shares crossed to the tune of Rs 32 million and its share price traded at Rs 128 million and Haycarb 300,000 shares crossed to the tune of Rs 23.2 million and its share price traded at Rs 77.50.
In the retail market top six companies that mainly contributed to the turnover were HNB rS 195 million (841,000 shares traded), Pan Asia Bank 163 million (6.3 million shares traded), Access Engineering Rs 118 million (4.5 million shares traded), ACL Cables Rs 98 million (one million shares traded), Sampath Bank Rs 97.6 million (1.11 million shares traded) and DFCC Rs 85.6 million (one million shares traded). During the day 104.3 million share volumes changed hands in 18643 transactions.
It was said that banking sector countries were extremely bullish and active. Citizens Development Bank alone contributed more than 45 percent while DFCC HNB and Sampath Bank also heavily contributed to the market. But Manufacturing sector companies such as Haycard and ACL Cables are a bit active.
Yesterday, the Central Bank announced the US dollar rate. The rupee was quoted around 292.80/85 to the US dollar , stronger from 293.00/20 to the US dollar the previous day, dealers said, while bond yields were steady.
A bond maturing on 15.12.2026 quoted at10.65/85 percent Thursday, from Wednesday’s close of 10.60/80 percent.A bond maturing on 15.12.2027 was quoted at 11.40/50 percent down from 11.45/60 percent.A bond maturing on 15.03.2028 was quoted 11.70/80 percent down from 11.75/80 percent.A bond maturing on 15.06.2029 was quoted at 11.95/12.05 percent unchanged from 11.95/12.10 percent.
Business
APHNH aims to make Sri Lanka more competitive for healthcare investment
Sri Lanka private healthcare leaders recently pledged an action plan with timelines to address the practical priorities of Sri Lanka’s healthcare sector while making it more viable for local and foreign investments.
The Association of Private Hospitals and Nursing Homes (APHNH) has committed to converting recommendations from its first Healthcare Leadership Summit into a trackable outcome document with defined actions, responsibilities, and timelines, marking a shift from discussion to implementation in sector reform efforts.
The summit held on March 9 at Waters Edge, Colombo, brought together hospital leaders, policymakers, regulators, insurers, and international experts to address practical priorities for Sri Lanka’s healthcare sector.
A key outcome of the summit was APHNH’s plan to consolidate recommendations into a single, trackable charter that will outline specific actions, assign responsibilities, establish timelines, and provide periodic progress updates.
“Our objective is to bring the right decision-makers into one room and focus on what can be implemented, not only what can be discussed, ” said Raveen Wickremesinghe, President of APHNH. “We are committed to taking the inputs from today and converting them into a clear, trackable set of actions that strengthens quality, transparency and public confidence, while supporting national health priorities. “
The summit featured insights from Dr. Hafeez Rahman Padiyath, Dr. Hamdani Anver, and Chandana L. Aluthgama on scaling quality and operational discipline. A keynote and fireside discussion with Dr. Paiboon Eksangsri, President of the Private Hospital Association of Thailand, explored lessons from Thailand’s private healthcare development and conditions for making Sri Lanka more competitive for healthcare investment.
By Sanath Nanayakkare
Business
Atlas SipSavi Naththal Poronduwa records positive public participation, benefiting 10,000 students
Atlas, Sri Lanka’s No. 1 learning brand, successfully concluded Atlas SipSavi Naththal Poronduwa, a national initiative that saw strong public participation in supporting children at risk of dropping out of school due to financial hardship. At a time when more than 22,000 Sri Lankan children leave school each year due to rising economic challenges, the initiative reinforced Atlas Sipsavi’s long-standing ‘No Child Left Behind’ promise by turning seasonal generosity into meaningful educational support.
The initiative reached 10,000 students, with beneficiary schools carefully selected to ensure support reached those most in need. The collected books were distributed to children at risk of dropping out, including those whose education had been disrupted by recent adverse weather, ensuring students had essential learning resources at the start of the new school term. Through its flagship Atlas SipSavi programme, the brand focused on improving access to education by providing essential learning tools, scholarships, and infrastructure to create better learning environments, bringing its purpose of ‘making learning fun’ to life in a meaningful way. As part of the initiative, the public was invited to donate schoolbooks, with each contribution matched one-for-one by Atlas. Donation boxes were placed at all Keells outlets island-wide and at Sarvodaya District Offices, making it easy for communities to take part.
Business
John Keells Logistics expands strategic engagement with CWIT through inter-terminal transport operations
John Keells Logistics (Pvt) Ltd (JKLL), one of Sri Lanka’s leading third-party logistics solutions providers, has successfully expanded its operational engagement with Colombo West International Terminal (Private) Limited (CWIT), through inter-terminal transport services within the Port of Colombo. This enhanced engagement further strengthens CWIT’s efforts to improve operational efficiency, reliability, and scalability across terminal activities.
Inter-terminal transport plays a critical role in modern port operations, requiring high levels of coordination, precision, and operational discipline. JKLL’s appointment for ITT operations reflects CWIT’s confidence in the company’s demonstrated capabilities in managing complex transport operations within a high-throughput port environment.
The ITT operations are underpinned by JKLL’s technology-enabled logistics framework, incorporating real-time fleet tracking, performance monitoring systems, and data-driven operational planning. These capabilities provide enhanced visibility and control over transport movements, while ensuring compliance with established safety, productivity, and service quality standards.
The awarding of this engagement to JKLL is a testament to the successful implementation of the Inter-Terminal Vehicle (ITV) operations undertaken by John Keells Logistics at CWIT during the previous year. The ITV assignment was executed through structured operating procedures and disciplined service delivery, contributing to improved cargo movement, operational coordination, and service continuity within the terminal. The performance outcomes of the ITV operations provided the basis for the subsequent expansion of the partnership into ITT services.
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