Business
External factors dampen stock investor sentiment; TB rate down
By Hiran H. Senewiratne
CSE trading yesterday reflected subdued investor sentiments on account of some external and internal factors weighing negatively on the bourse, market analysts said.
Investor confidence has not been ignited even though the Treasury Bill rate is down, these analysts added.
The All Share Price Index went down by 62.12 points, while the S and P SL20 declined by five points. Turnover stood at Rs 796.9 million with three crossings.
Those crossings were: CT Holdings, crossed 107,000 shares for Rs 61.5 million; its shares traded at Rs 575, Ceylinco Holdings (Non-Voting) 200200 shares crossed to the tune of Rs 32 million; its shares sold at Rs 1600 and JKH 1.4 million shares crossed for Rs 27.80 million; its shares traded at Rs 19.90.
In the retail market companies that mainly contributed to the turnover were; Haycarb Rs 91 million (482,000 shares traded), Sierra Cables Rs 52 million (1.5 million shares traded), Sampath Bank Rs 35 million (253,000 shares traded), JKH Rs 20.2 million (1.2 million shares traded), HNB Rs 20 million (520,000 shares traded), Dialog Axiata Rs 19.9 million (430,000 shares traded) and Commercial Credit and Finance Rs 19.8 million (183,000 shares traded).
During the day 27 million shares changed hands in 13118 transactions.
It is said that manufacturing sector counters, especially JKH, performed well, while the banking sector, especially Sampath Bank, performed well also.
Resus Energy notified the CSE of a marginal revision to the allocation of proceeds from its Green Bond Issue 2025. The original allocation set out in its prospectus comprised Rs 240.23 million (24.02 percent) for settlement of term loans, now it’s Rs 235.43 million, Rs 208.06 million (20.81 percent) for settlement of commercial papers.
Shares of Resus Energy were trading down 1.16 percent at Rs 8.50.
Yesterday therupee was quoted at 328.45/70 to the US dollar in the spot market, stronger from Rs 329.00/10 the previous day, while bond yields dropped ahead of the auction, dealers said.
A bond maturing on 15.12.2029 was quoted at 10.40/45 percent, down from 10.45/50 percent.
A bond maturing on 01.08.2030 was quoted at 10.60/65 percent, down from 10.75/85 percent.
A bond maturing on 15.10.2030 was quoted at 10.60/70 percent, down from 10.80/90 percent.
A bond maturing on 15.10.2032 was quoted at 11.10/20 percent.
A bond maturing on 15.01.2033 was quoted at 11.20/28 percent.
A bond maturing on 15.10.2034 was quoted at 11.60/70 percent, down from 11.70/75 percent.
A bond maturing on 15.08.2036 was quoted at 11.90/95 percent, down from 11.97/12.02 percent.
Business
Global regulators convene in Colombo for key IOSCO enforcement and cooperation discussions
The Securities and Exchange Commission of Sri Lanka (SEC) successfully hosted a series of high-level meetings of the International Organization of Securities Commissions (IOSCO), bringing together leading securities regulators and enforcement officials from around the world to discuss emerging regulatory challenges, strengthen international cooperation, and enhance collective efforts to combat cross-border securities market misconduct.
The meetings, held at the Hilton Colombo from 13 to 16 October 2026, included sessions of the IOSCO Enforcement and Cooperation Committee and its Screening Group (Committee 4/SG), as well as meetings of the Monitoring Group and the Steering Committee. The event attracted approximately 50 senior representatives from securities regulators and exchanges across several jurisdictions, including Australia, Japan, the United States, the United Kingdom, France, Italy, Canada, New Zealand, India, Germany, Belgium, Singapore, China and Spain, reflecting the global significance of the discussions and the growing importance of international regulatory collaboration.
Welcoming delegates to Sri Lanka, Senior Professor D.B.P.H. Dissabandara, Chairman of the SEC, emphasized the critical role of international cooperation in safeguarding market integrity and investor confidence in an increasingly interconnected financial landscape.
“No regulator can effectively address cross-border misconduct in isolation. The speed with which information, transactions and illicit activities can move across borders requires an equally coordinated and timely regulatory response. Strong international cooperation, effective information sharing and mutual trust among regulators are essential to maintaining fair, transparent and resilient capital markets,” he stated.
The discussions focused on a range of enforcement and cooperation matters, including mechanisms for enhancing cross-border information exchange, strengthening investigative collaboration among regulators, addressing increasingly sophisticated forms of securities fraud and market abuse, and promoting the effective implementation of international standards and best practices. Participants also exchanged experiences and insights on emerging enforcement challenges arising from technological developments, digitalization of financial services, and increasingly interconnected global markets.
IOSCO is recognized as the leading international body that brings together the world’s securities regulators and serves as the global standard setter for securities regulation. Through its policy work and cooperative initiatives, IOSCO plays a central role in promoting investor protection, ensuring that markets are fair, efficient and transparent, reducing systemic risk, and strengthening confidence in capital markets worldwide.
Sri Lanka has maintained a strong and active relationship with IOSCO for more than three decades. The SEC became an Ordinary Member of IOSCO in 1993 and has been a signatory to the IOSCO Multilateral Memorandum of Understanding (MMoU) since 2004. The MMoU is the internationally recognised benchmark for cooperation and information sharing among securities regulators and serves as a critical tool in facilitating cross-border investigations and enforcement actions.
Business
Pan Asia Bank partners Ideal Motors to offer leasing solutions
Pan Asia Bank recently entered into a one-year Memorandum of Understanding (MOU) with Ideal Motors (Pvt) Ltd, creating a new financing avenue for customers purchasing vehicles from the authorised Mahindra dealer. The strategic partnership will enable customers of Ideal Motors to access leasing facilities from Pan Asia Bank, making vehicle financing more convenient while supporting their mobility and business requirements. The agreement also provides an opportunity for the Bank to expand its leasing portfolio and strengthen its presence in Sri Lanka’s vehicle financing market.
Ideal Motors is the authorised dealer for the Mahindra vehicle range in Sri Lanka, including the Mahindra Bolero CPU Truck and Scorpio Jeep/Pickup. The vehicles cater to a range of requirements, from commercial and business applications to personal mobility, making accessible financing an important part of the purchasing decision.
The Bank’s vehicle leasing facilities are designed to simplify the financing process, with convenient repayment options and professional support to help customers select a solution suited to their requirements. For customers, the arrangement brings vehicle selection and financing closer together, reducing the need to navigate the two processes separately.
“Our partnership with Ideal Motors enables us to bring financing closer to customers at the point of vehicle purchase. We remain focused on providing convenient and flexible leasing solutions that support both personal mobility and the needs of businesses,” said Naleen Edirisinghe, Director/CEO of Pan Asia Bank.
Pan Asia Bank and Ideal Motors will work closely during the one-year partnership to maximise business opportunities and deliver a seamless financing experience to customers. The collaboration is expected to strengthen both organisations’ ability to respond to demand for commercial and personal vehicles while creating greater value for customers.
Yohan Ebell, Head of Retail Credit, Pan Asia Bank, said: “Through this partnership, we aim to make vehicle financing simpler and more accessible, with leasing solutions designed to meet the varied requirements of Ideal Motors’ customers.”
The collaboration also reflects Pan Asia Bank’s commitment to building partnerships that make financial services more accessible and responsive to the needs of individuals and businesses.
Pan Asia Bank has established a growing presence in vehicle financing, offering leasing solutions designed around customer convenience and flexibility. Its leasing proposition is supported by a nationwide branch network and a customer-focused approach, enabling customers to obtain guidance on financing options while completing their vehicle purchase.
Business
Heritance Hotels and Resorts secures four wins at World Travel Awards 2026
Heritance Hotels and Resorts has secured four distinguished titles at the World Travel Awards 2026, with three national awards recognising its Sri Lankan properties and an international title for Heritance Aarah in the Maldives.
The three Sri Lankan titles recognise Heritance Tea Factory as Sri Lanka’s Leading Heritage Hotel 2026, Heritance Ahungalla as Sri Lanka’s Leading Luxury Hotel 2026, and Heritance Kandalama as Sri Lanka’s Leading Wedding Hotel 2026. Heritance Aarah was named the Indian Ocean’s Leading All-Inclusive Resort 2026.
Internationally recognised within the global travel and tourism industry, the World Travel Awards celebrate excellence across hotels, resorts, and destinations. Recognition at this level affirms the quality, distinctiveness, and consistency of the experiences delivered by Heritance Hotels and Resorts.
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