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CBSL policy rates decision sends CSE on a bull-run

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CSE trading was extremely bullish following the Central Bank decision yesterday to keep its policy rate unchanged at 7.75 percent.

Amid these developments both indices moved upwards. The All Share Price Index went up by 161.15 points while S and P SL20 rose by 34.94 points.

Turnover stood at Rs 6.2 billion with nine crossings. Those crossings were reported in Sunshine Holdings where 5.7 million shares crossed for Rs 163.9 million; its shares traded at Rs 28.50, JKH four million shares crossed for Rs 100 million; its shares traded at Rs 25, Sri Lanka Telecom one million shares crossed to the tune of Rs 59 million; its shares traded at Rs 59.

Commercial Bank 333,000 shares crossed for Rs 56.5 million; its shares traded at 170, Lanka Aluminium one million shares crossed to the tune of Rs four million; its shares sold at Rs 44, RIL Properties 1.2 million shares crossed to the tune of Rs 37.2 million; its shares sold at Rs 29.80, Hemas Holdings one million shares crossed for Rs 30.7 million; its shares traded at Rs 30.70, Hayleys 175,000 shares crossed to the tune of Rs 30.6 million; its shares sold at Rs 175 and VallibelOne 220,000 shares crossed to the tune of Rs 29 million; its shares fetched Rs 20.20.

In the retail market companies that mainly contributed to the turnover were; DFCC Rs 360 million (2.6 million shares traded) , Sunshine Holdings Rs 230 million (8.1 million shares traded), JKH Rs 223 million (8.9 million shares traded), Colombo Dockyard Rs 197 million (1.9 million shares traded) NDB Rs 196 million (145,000 shares traded) and Pan Asia Bank Rs 157 million (2.9 million shares traded). During the day 235 million shares volumes changed hands 39000 transactions.

Yesterday the rupee opened at Rs 301.65/80 to the US dollar in the spot market, from Rs 301.70/75 the previous day, while there was a slight uptick on the 2028 bond tenors with the rest of the yield curve broadly steady following the monetary policy announcement, dealers said.

An auction of Rs. 111,000 million Treasury bills was ongoing.

A bond maturing on 15.09.2027 was quoted at 8.50/55 percent, down from 8.45/56 percent.

A bond maturing on 15.12.2028 was quoted at 9.00/10 percent.

A bond maturing on 15.12.2029 was quoted at 9.53/55 percent, up from 9.48/53 percent.

A bond maturing on 15.12.2032 was quoted at 10.40/50 percent.

By Hiran H. Senewiratne



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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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Commercial Bank leads nationwide aquatic clean-up drive

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Sanath Manatunge, Managing Director/CEO of Commercial Bank and some of the Bank’s staff participating in the coastal cleanup programme

Commercial Bank of Ceylon mobilised employees, customers, volunteers and community members for a nationwide coastal and aquatic clean-up campaign across 20 locations on September 19 to mark International Coastal Cleanup Day 2026.

Conducted under the bank’s sustainability platform, themed ‘Forward Together for a Cleaner Future’, the initiative covered 16 coastal locations and four inland waterways, bringing together stakeholders for a coordinated environmental conservation effort.

The flagship programme was held at Mount Lavinia Beach, with additional activities at Wellawatte and Galle Face beaches. Similar initiatives were conducted by the bank’s regional offices at locations including Kalutara, Negombo, Trincomalee, Batticaloa, Puttalam, Jaffna, Galle, Dondra, Tangalle and along the Mahaweli River.

Employees, management, Future Force volunteers, customers and their families participated alongside the Marine Environment Protection Authority (MEPA), United Nations Global Compact Network Sri Lanka, government and local authorities, environmental organisations and community members.

The bank said the initiative reflected its commitment to water stewardship after adopting Sustainable Development Goal 6 — Clean Water and Sanitation — as a priority goal in 2025.

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