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CSE trading waxes positive initially but wanes into negativity as the day unfolds

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It was a case of CSE trading waxing positive initially yesterday but waning into negativity later due to profit- takings by investors, market analysts said.

During the day banking sector counters performed well due to satisfactory corporate results during the last quarter of the year, market analysts said.

Amid those developments both indices moved downwards. The All Share Price Index went down by 193.61 points, while the S and P SL20 declined by 95.56 points.

Turnover stood at Rs 6.42 billion with 10 crossings.

Top seven crossings were; Tokyo Cement (Non-Voting) 9.2 million shares crossed to the tune of Rs 700.9 million; its shares traded at Rs 76, HNB 439,337 shares crossed for Rs 184.5 million; its shares traded at Rs 420, HNB (Non-Voting) 281,000 shares crossed for Rs 94.1 million; its shares sold at Rs 335, Ceylinco Holdings 25000 shares crossed to the tune of Rs 82.5 million; its shares traded at Rs 22.90, ISM Business Solutions two million shares crossed for Rs 50 million; its shares fetched Rs 17 and LOLC Holdings 54000 shares crossed for Rs 30 million; its shares traded at Rs 558.

In the retail market top seven companies that mainly contributed to the turnover were; Housing Development Finance Corporation Rs 647 million (8.87 million shares traded), DFCC Rs 359 million (Two million shares traded), HNB (Non-Voting) Rs 299 million (893,000 shares traded), Sampath Bank Rs 194 million (1.3 million shares traded), Mercantile Investments and Finance Rs 177 million (25000 shares traded), JKH Rs 171 million (7.6 million shares traded) and HNB Rs 154 million (367,000 shares traded). During the day 157.8 million share volumes changed hands in 41905 transactions.

It is said that banking played a leading role; especially HNB, Housing Development Finance Corporation Bank and DFCC, while the manufacturing sector, especially JKH, was also significantly active in the market. Further, Sigiriya Village Hotel announced a subdivision of shares with one share into ten shares.

Yesterday rupee opened at Rs 304.75/85 to the US dollar in the spot market, weaker from Rs 304.60/65 the previous day, dealers said, while bond yields opened steady.

An auction of Rs.80,000 million Treasury Bonds was going on.

A bond maturing on 15.10.2028 was quoted at 9.00/05 percent.

A bond maturing on 15.09.2029 was quoted at 9.42/47 percent.

A bond maturing on 01.07.2030 was quoted at 9.55/56 percent, down from 9.55/62 percent.

A bond maturing on 15.12.2032 was quoted at 10.20/22 percent, down from 10.20/25 percent.

Regarding telegraphic transfers, the American dollar was 301.1000 buying, 308.1000 selling; the British pound was 393.9502 buying, and 405.3120 selling, and the euro was 346.6125 buying, 357.9757 selling.

By Hiran H Senewiratne ✍️



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Business

UN Global Compact Network Sri Lanka mobilizes business to lead with purpose

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As businesses navigate an increasingly complex operating environment shaped by workforce transformation, evolving stakeholder expectations, technological disruption and shifting market demands, strengthening performance requires more than new strategies. It requires new ways of thinking, leading, and collaborating.

It was against this backdrop that UN Global Compact Network Sri Lanka convened CATALYZE 2026: Social, bringing together business leaders, sustainability practitioners, policymakers, development partners and industry experts to mobilize collective action and equip businesses with the knowledge, partnerships and practical approaches needed to strengthen performance through responsible business.

More than a forum for dialogue, CATALYZE 2026 was designed to help businesses think differently about performance. It reinforced that long-term success is increasingly shaped by how organizations lead, uphold human rights, foster inclusive workplaces, strengthen ethical governance, and build cultures that enable innovation, resilience and trust. Responsible business is no longer separate from business performance — it is fundamental to it.

Aligned with the UN Global Compact’s 2026–2030 Global Strategy, the Forum reflected its three strategic pillars — Equip, Catalyze and Advance — by strengthening business capability, fostering collaboration and mobilizing leadership to accelerate progress on social sustainability.

UN Global Compact Network Sri Lanka’s approach to social sustainability centres on driving this change — recognizing that meaningful progress comes not only through policies and commitments, but through the everyday decisions, leadership behaviours and organizational cultures that shape how businesses operate. CATALYZE 2026: Social encouraged participants to move beyond intention towards implementation, embedding responsible business practices into strategy, governance and organizational culture.

Opening the CATALYZE 2026: Social, Rathika de Silva, Executive Director of UN Global Compact Network Sri Lanka, spoke to the role of responsible business leadership in strengthening Sri Lanka’s global competitiveness:

“Sri Lanka has the workforce, resilience, and opportunity to compete not by being the cheapest producer, but by becoming the most trusted. As global expectations evolve, compliance is no longer simply a cost of doing business — it is the foundation of market access, and the decisions we make today will determine how strongly we compete in the markets of the future.”

The Forum featured keynote addresses, leadership dialogues and technical sessions on the issues shaping the future of business, including business integrity and anti-corruption, human rights, neurodiversity and inclusive workplaces, artificial intelligence and the future of jobs, the Women’s Empowerment Principles (WEPs), responsible sustainability communications, and workforce resilience. Together, these discussions highlighted how responsible leadership, inclusive practices, and strong governance contribute to organizational resilience, innovation, and long-term performance.

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A regional conversation on the future of English language teaching

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Free British Council online conference brings together leading educators from across South Asia to explore how creativity, inclusion and technology can help prepare learners for a rapidly changing world

The British Council has announced the South Asia TeachingEnglish Online Conference 2026, a free three-day event that will convene educators, researchers and teacher educators from across the region to examine one of the most pressing questions facing education today: how can schools equip learners with the creativity, adaptability and communication skills needed to thrive in an increasingly complex world?

Taking place from 23–25 July 2026, the online conference comes at a time when education systems across South Asia are grappling with the challenge of balancing curriculum demands, assessment pressures and evolving learner needs. While English remains a critical gateway to academic and professional opportunities, educators are increasingly seeking approaches that move beyond language acquisition alone to foster critical thinking, collaboration, learner agency and participation.

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The Ceylon Chamber convenes dialogue on energy security and standards for Sri Lanka’s energy transition

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The Ceylon Chamber of Commerce recently hosted a discussion titled “Energy Transition in Sri Lanka: Strategic Insights from Global Markets”, bringing together representatives from the public and private sectors, industry experts, academics, and other stakeholders to examine the opportunities and challenges associated with Sri Lanka’s evolving energy landscape.

Held at a time when countries around the world are accelerating their transition towards cleaner, more resilient, and technology-driven energy systems, the event provided a timely platform to examine renewable energy not only as an environmental priority but as a strategic pillar of national energy security, with implications for economic growth and long-term competitiveness. The discussion also considered the increasing importance of reliable energy infrastructure in meeting the growing demands of digital transformation, including emerging technologies such as artificial intelligence, electric mobility, and data centres.

The programme covered a wide range of topics relevant to Sri Lanka’s energy future, including renewable energy development, energy security, regulatory and policy frameworks, electricity sector reforms, energy storage systems, grid modernization, investment and financing considerations, and international experiences in energy transition. Particular attention was given to the need for creating an enabling environment that supports innovation, attracts investment, including the technical and safety standards required to protect consumers and businesses as storage and solar adoption scales nationally.

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