Business
Foreign investor sentiment upbeat at CSE but profit-takings continue
The CSE yesterday bounced back but profit- takings were still noted. Moreover, investor optimism waned amid low activity though foreigners remained upbeat, market analysts said.
Amid those developments both indices moved upwards. The All Share Price Index went up by19.65 points, while the S and P SL20 rose by 6.94 points. Turnover stood at Rs 2.4 billion with seven crossings.
Those crossings were reported in JKH, which crossed 7.5 million share volumes to the tune of Rs 160 million and its shares traded at Rs 21.30, Vallibel One 2.1 million shares crossed for Rs141 million; its shares traded at Rs 69, Union Bank of Colombo 10 million shares crossed to the tune of Rs 105 million; its shares sold at Rs 10.50, Commercial Bank 652,000 shares crossed for Rs 93.3 million; its shares traded at Rs 143, Hemas Holdings two million shares crossed for Rs 49.7 million; its shares traded at Rs 24, Dialog 2 million shares crossed to the tune of Rs 31 million; its shares sold at Rs 15.50 and Sierra Cables 1.2 million share crossed for Rs 20 million; its shares traded at Rs 17.40.
In the retail market top seven companies that mainly contributed to the turnover were; Dialog Rs 100.9 million (90.8 million shares traded), Commercial Bank Rs 90.7 million (634,000 shares traded), Access Engineering Rs 87.5 million (2.3 million shares traded), Merchant Bank Rs 81.5 million (10.5 million shares traded), RIL Properties Rs 71.2 million (4.1 million shares traded), JKH Rs 70.5 million (3.3 million shares traded) and LB Finance Rs 59.6 million (103,000 shares traded). During the day 170 million share volumes changed hands in 18000 transactions.
It is said that high net worth and institutional investor participation was noted in Sampath Bank, Commercial Bank and National Development Bank. Mixed interest was observed in JKH, Hayleys and JAT Holdings, while retail interest was noted in Beruwala Resorts, Kotagala Plantations and Browns Investments.
The Banking sector was the top contributor to the market turnover (due to Commercial Bank and Sampath Bank) while the sector index gained. The share price of Commercial Bank lost 50 cents to get to Rs. 143. The share price of Sampath Bank declined by 75 cents to Rs. 113.75.
The Capital Goods sector was the second highest contributor to the market turnover (due to JKH and Hayleys), while the sector index increased. The share price of John Keells Holdings decreased by 10 cents to reach Rs. 21.10. The share price of Hayleys moved up by 25 cents to reach Rs. 141.00.
Yesterday the rupee opened at Rs 299.80/300.10 to the US dollar in the spot market, stronger against previous day’s close of Rs 300.75/301.10 dealers said, while bond yields were broadly steady.
A bond maturing on 15.10.2028 was quoted flat at 9.75/85 percent. A bond maturing on 15.12.2029 was quoted at 10.17/25 percent, down from 10.20/25 percent. A bond maturing on 15.03.2031 was quoted at 10.67/73 percent, up from 10.65/75 percent. A bond maturing on 15.03.2035 was quoted at 10.95/11.05 percent. An auction of Rs. 157,500 million Treasury bills was ongoing.
By Hiran H. Senewiratne
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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