Business
Bourse’s bullish exuberance sustained by banking sector
By Hiran H.Senewiratne
The stock market was extremely bullish yesterday and banking sector counters drove the market due to prevailing market- friendly economic conditions.
Both indices moved upwards. The All- Share Price Index went up by 291 points while S and P SL20 rose by 163 points.
Turnover stood at Rs 10.2 billion with ten crossings. Those crossings were reported in Commercial Bank, which crossed 5.5 million shares to the tune of Rs 775 million; its shares traded at Rs 141, HNB 1.4 million shares crossed for Rs 452 million; its shares traded at Rs 320, JKH 7.5 million shares crossed to the tune of Rs 169 million and its shares traded at Rs 32.50, LB Finance 1.3 million shares crossed to the tune of Rs 116 million; its shares sold at Rs 83, CCS 736,000 shares crossed for Rs 60 million; its shares traded at Rs 81, Seylan Bank 500,000 shares crossed to the tune of Rs 35 million; its shares traded at 70, Lanka IOC 200,000 shares crossed for Rs 25.2 million; its shares sold at Rs 120, Ambeon Capital 1 million shares crossed to the tune of Rs 23.2 million; its shares traded at Rs 23.20 and Browns Investments 3 million shares crossed to the tune of Rs 21.3 million; its shares fetched Rs 10.1.
In the retail market, companies that contributed to the turnover were HNB Rs 647 million (2 million shares traded), JKH Rs 498 million (22.1 million shares traded), Pan Asia Bank Rs 400 million (12.2 million traded), DFCC Rs 349 million (3.2 million shares traded), Royal Ceramic Rs 338 million (7.5 million shares traded) and Sampath Bank Rs 310 million (2.6 million shares traded). During the day 291 million shares volumes changed hands in 44000 transactions.
It is said that the banking sector was the biggest contributor to the turnover; especially HNB and Commercial Bank, while second largest contributor was the manufacturing sector, especially JKH.
Yesterday the rupee opened at Rs 292.40/60 to the US dollar in the spot market, broadly unchanged from Rs 292.40/70 on Friday, while bond yields were steady, dealers said.
A bond maturing on 15.12.2027 was quoted at 9.75/90 percent.
A bond maturing on 15.10.2028 was quoted at 10.42/48 percent, down from 10.08/18 percent.
A bond maturing on 15.09.2029 was quoted stable at 10.65/75 percent.
An auction of Rs. 80,000 million Treasury Bonds was ongoing.
The Central Bank announced an auction of Rs 168,000 million worth Treasury bills will be held Wednesday.
Business
CSE Annual Report 2025 ranked Sri Lanka’s No. 1 Report
The Colombo Stock Exchange’s (CSE) 2025 Annual Report has been ranked Sri Lanka’s top annual report for 2025, winning gold for the third consecutive year at the USA’s League of American Communications Professionals (LACP) 2025 Vision Awards in the Annual Report and Integrated Report categories. The CSE’s Integrated Report (IR), themed “Where Confidence Meets Capital,” was ranked Sri Lanka’s No. 1 annual report and earned a place among the Asia-Pacific region’s top 100 reports and secured the global Gold Industry Award for the third consecutive year.
The Annual Report 2025 highlighted the CSE’s strategic priorities, key achievements, and long-term vision, demonstrating its leadership in navigating evolving market conditions and embracing technological innovation. The recognition reaffirmed the CSE’s position as a leading force in Sri Lanka’s financial sector and a benchmark for reporting excellence across the region.
“Being ranked Sri Lanka’s No. 1 annual report and receiving the LACP Gold Award for the third consecutive year is a proud affirmation of the CSE’s commitment to transparent, accountable and forward-looking reporting.” Said Mr. Kusal Nissanka, Executive Vice President of Finance, Listed Entity Compliance & Sustainability as he remarked upon the success of the annual report. “Our 2025 Annual Report reflects not only our performance, but also the significant progress made in strengthening market infrastructure, expanding access, advancing digital reporting and supporting sustainable capital formation. This recognition encourages us to continue setting higher standards and building confidence among all stakeholders in Sri Lanka’s capital market.”
Business
Roar AI partners Sri Lanka AI Week 2026 as National AI Gateway Partner
Roar AI by Roar Global will be the National AI Gateway Partner for Sri Lanka AI Week 2026, the country’s premier national platform for artificial intelligence, taking place from 25 to 30 September in Colombo.
Pioneered by the Ministry of Digital Economy and SLT-MOBITEL, Sri Lanka AI Week brings together global technology leaders, policymakers, enterprises, start-ups, developers and emerging talent to accelerate AI adoption, innovation and investment in the country.
The week-long programme includes the AI Hackathon, AI Leaders’ Night, a two-day AI Conference and Exhibition, and the National AI Awards. As the National AI Gateway Partner, Roar AI will support the programme’s wider ambition to move Sri Lanka’s AI conversation from awareness to meaningful adoption.
Roar AI is a locally supported AI gateway designed to give organisations and developers streamlined access to leading global AI models through a single platform. The solution addresses several practical barriers affecting AI adoption in emerging markets, including fragmented access to different models, foreign-currency payments, limited local technical support and the need for stronger governance and cost control.
Business
Stredge Consulting Middle East and SLAEA host international webinar
The Sri Lanka Apparel Exporters Association (SLAEA) and Stredge Consulting Middle East successfully co-hosted ‘Traceability in Practice: From Customer Expectations to Factory Reality,’ a virtual webinar and panel discussion recently. The session drew live participation from attendees in Sri Lanka including representatives from Stredge Sri Lanka and over ten other countries, including the UAE, France, England, India, Pakistan, Canada and Jordan, underscoring the international relevance of the issue to Sri Lanka’s apparel and textile export sector.
The webinar addressed one of the most pressing challenges faced by the local exporters today: how evolving European Union regulations on sustainability, ESG reporting and product traceability including the EU’s forthcoming Digital Product Passport, are pushing requirements deeper into global supply chains, often well beyond a factory’s direct, Tier 1 suppliers.
“Sri Lanka’s apparel industry has repeatedly turned changing global expectations into competitive strength, from ethical manufacturing to green manufacturing. Traceability is the next chapter in that story, and one this industry is well placed to lead,” remarked SLAEA Chairperson Rajitha Jayasuriya.
The event’s centerpiece was a 35-minute industry panel featuring Navindu Munidasa ( Manager, Supply Chain Strategy & Development, MAS Holdings), Husni Salieh (CEO, Noyon Lanka) and Yohan Lawrence (Secretary General, Joint Apparel Association Forum), moderated by Chester Cruse, CEO & Partner of Stredge Consulting Middle East. The panel enabled insights into ground-level practical barriers Sri Lankan exporters face in tracing garments and raw materials beyond their immediate suppliers.
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