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CSE’s green trend punctuated by 10 crossings

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By Hiran H.Senewiratne

CSE trading yesterday was extremely positive, having witnessed a bearish trend in the last few days. However, investors have, quite rightly, evaluated June quarter results and purchased shares in several sectors, market analysts said.

During the day high net worth clients and institutional investors were very active in the market and moved it to the green territory, market sources said.

Amid those developments the market was dominated by crossings and retail investors. Consequently, both indices moved upwards. The All- Share Price Index went up by 162 points and S and P SL20 rose by 72 points. Turnover stood at Rs 4.3 billion with ten crossings.

Those crossings were reported in Melstacope, which crossed 2 million shares to the tune of Rs 190.2 million; its shares traded at Rs 86, Expolanka Holdings 1 million shares crossed for Rs 145.5 million; its shares sold at Rs 145, hSenid 9 million shares crossed to the tune of Rs 117 million, its shares traded at Rs 13, HNB 620,000 shares crossed for Rs 113 million, its shares traded at Rs 183, Sampath Bank 1 million shares crossed for Rs 73.5 million; its shares fetched Rs 73, People’s Leasing 3 million shares crossed for Rs 37.5 million and its shares traded at Rs 12.50, TJ Lanka 1 million shares crossed to the tune of Rs 32 million; its shares sold at Rs 32, Three Acre Farms 100,000 shares crossed to the tune of Rs 23 million and its shares traded at Rs 23, LB Finance 300,000 shares crossed for Rs 21 million and its shares sold at Rs 70 and Union Bank 2 million shares crossed for Rs 20.8 million; its shares traded at Rs 10.40.

In the retail market top five companies that mainly contributed to the turnover were; JKH Rs 542.9 million (2.8 million shares traded), Capital Alliance Rs 216.6 million (3.4 million shares traded), TJLanka Rs 215 million (6.4 million shares traded), Melstacope 190.5 million (2.1 million shares traded) and Commercial Bank Rs 186.6 million (1.9 million shares traded. During the day 137 million share volumes changed hands in 23900 transactions.

It is said that high net worth and institutional investor participation was noted in JKH and Expolanka. Mixed interest was observed in Sampath Bank, Capital

Alliance and Softlogic Life Insurance, while retail interest was noted in Softlogic Capital, People’s Leasing & Finance and UB Finance Company.

The Banking sector was the top contributor to the market turnover (due to Sampath Bank), whie the sector index lost 3.61 percent. The share price of Sampath Bank lost Rs. 1.80 to slide to Rs. 72.80.

The Diversified Financials sector was the second highest contributor to the market turnover (due to Softlogic Capital and Capital Alliance).

Yesterday the Central Bank’s US dollar buying rate was Rs 314.45 and selling rate Rs 327.82.



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Sri Lanka betting its tourism future on cold, hard numbers

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“From Data to Decisions” initiative jointly backed by Australia’s Market Development Facility holds its panel discussion

National Airport Exit Survey tells quite a story

Australia’s role here is strategic, not charitable

In a quiet but significant shift, Sri Lanka’s tourism sector is moving beyond traditional destination marketing and instinct-based planning. The recent launch of the “From Data to Decisions” initiative jointly backed by Australia’s Market Development Facility and the Sri Lanka Tourism Development Authority, sent an unambiguous message: sentiment is out, statistics are in.

The initiative is anchored by a 12-month National Airport Exit Survey, a trove of data covering 16,000 travellers. The findings sketch a new traveller profile: nearly half are young (20–35), independent, and book online. Galle, Ella, and Sigiriya are the hotspots; women travellers outnumber men; and a promising 45% plan to return. This isn’t just trivia. It’s a strategic blueprint. If Sri Lanka Tourism listens, it can tailor everything from infrastructure to marketing, moving from guesswork to precision.

Tourists have a real sense of achievement after hiking the trail to Ella Rock

The keynote speaker, Deputy Minister Prof. Ruwan Ranasinghe called data “a vital pillar of tourism transformation.” Yet the unspoken truth is that Sri Lanka has long relied on generic appeals -beaches, heritage, smiles. In today’s crowded market, that’s no longer enough. As SLTDA Chairman Buddhika Hewawasam noted, this partnership is about “elevating how we collect, analyse, and use data.”

Australia’s role here is strategic, not charitable. By funding research and advocating for a Tourism Satellite Account, it is helping Sri Lanka build a tourism sector that is both sustainable and measurable. Australian High Commissioner Matthew Duckworth linked this support to “global standards of environmental protection” – a clear nod to the growing demand for green travel. This isn’t just aid; it’s influence through insight.

“The real test lies ahead,” a tourism expert told The Island. “Data is only as good as the decisions it drives. Will these insights overcome bureaucratic inertia? Will marketing budgets actually follow the evidence toward younger, independent, female travellers?,” he asked.

“The comprehensive report promised for early 2026 must move swiftly from recommendation to action. In an era where destinations are discovered on Instagram and planned with algorithms, intuition alone is a high-stakes gamble. This forum made one thing clear: Sri Lanka is finally building its future on what visitors actually do – not just what we hope they’ll do. The numbers are in. Now, the industry must dare to follow them,” he said.

By Sanath Nanayakkare

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New ATA Chair champions Asia’s small tea farmers, unveils ambitious agenda

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New Chairman of the Asia Tea Alliance (ATA), Nimal Udugampola

In his inaugural address as the new Chairman of the Asia Tea Alliance (ATA), Nimal Udugampola placed the region’s millions of smallholders at the core of the global tea industry’s future, asserting they are the “indispensable engine” of a sector that produces over 90% of the world’s tea.

Udugampola, who is also Chairman of Sri Lanka’s Tea Smallholdings Development Authority, used his speech at the 6th ATA Summit held in Colombo on Nov. 27 to declare that the prosperity of Asian tea is “entirely contingent” on the resilience of its small-scale farmers, who have historically been overlooked by premium global markets.

“In Sri Lanka, smallholders account for over 75% of our national production. Across Asia, millions of families maintain the quality and character of our regional teas,” he stated, accepting the chairmanship for the 2025-2027 term.

To empower this vital community, Udugampola unveiled a vision focused on Sustainability, Equity, and Digital Transformation. The strategic agenda includes:

Climate Resilience: Promoting climate-smart agriculture and regenerative farming to protect smallholdings from environmental disruption.

Digital Equity: Leveraging technology like blockchain to create farm-to-cup traceability, connecting smallholders directly with premium consumers and ensuring fair value.

Market Expansion: Driving innovation in tea products and marketing to attract younger consumers and enter non-traditional markets.

Standard Harmonization: Establishing common regional quality and sustainability standards to protect the “Asian Tea” brand and push for stable, fair pricing.

Linking the alliance’s goals to national ambition, Udugampola highlighted Sri Lanka’s target of producing 400 million kilograms of tea by 2030. He presented the country’s “Pivithuru Tea Initiative” as a model for other ATA nations, designed to achieve this through smallholder empowerment, digitalization, and aligned policy objectives.

By Sanath Nanayakkare

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Brandix recognised as Green Brand of Year at SLIM Awards 2025

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Brandix has championed best practices in the sphere of sustainable manufacturing over the years

Brandix Apparel Solutions was recognised as the Green Brand of the Year at the Sri Lanka Institute of Marketing (SLIM) Brand Excellence Awards 2025, taking home Silver, the highest award presented in the category this year.

The ‘Green Brand of the Year’ recognises the brand that drives measurable environmental impact through sustainable practices, climate-aligned goals and long-term commitment to protecting natural resources.

A pioneer in responsible apparel manufacturing for over two decades, Brandix has championed best practices in the sphere of sustainable manufacturing covering environmental, social, and governance aspects. The company built the world’s first Net Zero Carbon-certified apparel manufacturing facility (across Scope 1 and Scope 2) and meets over 60% of its energy requirement in Sri Lanka via renewable sources.

Head of ESG at Brandix, Nirmal Perera, said: “Being recognised as Green Brand of the Year is an encouraging milestone for our teams working across sustainability.”

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