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IMF remarks nudge CSE up slightly, but turnover remains just above LKR 1 billion

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By Hiran H Senewiratne 

CSE performed yesterday slowly but steadily following the  IMF comments on Sri Lankan, which revealed that economy has continued to show resilience amid successive shocks, but risks remain titled to the downside,

The seventh review of the External Fund Facility (EFF) and Article IV Consultation gave an impetus to the CSE along with the conducive  external environmental to perform positive manner.

Amid those developments both indices moved upwards. All Share Price Index up by 43.45 points while S and P SL20 up by 29.04 points. Turnover stood at Rs 1.32 billion with six crossings. Those crossings were reported in Sampath Bank which crossed 1.5 million shares to the tune of Rs 210 million and its share price traded at Rs 140, Dipped Products 1.7 million shares crossed to the tune of Rs 102 million and its share price traded at Rs 60.50, EB Creasy 2.9 million shares crossed to the tune of Rs 100 million and its share price traded at Rs 34.50, VallibelOne 440,000 crossed to the tune of Rs 39.6 million and its share price traded at Rs 90, Hayleys 100,000 shares crossed to the tune of Rs 22.45 million and its share price traded at Rs 224.50 and Overseas Realities 400,000 shares crossed to the tune of Rs 21 million and its share price traded at Rs 53.

In the retail market top seven companies that have mainly contributed to the turnover were  Dipped Products Rs 88 million (1.4 million shares traded), SMB Finance Rs 51 million (46 million shares traded), Aitken Spence Rs 50 million (356,000 shares traded), RIL Properties Rs 29 million (1.2 million shares traded), Sierra Cables 25 million (706,000 shares traded), Sampath Bank Rs 24 million (159,000 shares traded) and Overseas Realities Rs 23 million (444,000 shares traded). During the day 83 million shares  volumes changed hands in 12356 transactions.

It is said that banking sector counters especially Sampath Bank performed well while FMCG sector including EB Creasy also performed in a positive manner. Further Capital goods sector and manufacturing sectors counters significantly performed well.

Yesterday the Central Bank announced the US Dollar rate as against rupee. The rupee was quoted at Rs  329.05/20 to the US dollar in the spot market, from Rs 329.30/60 the previous day, while bond yields dropped drastically, dealers said.



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A fresh chapter for the George Keyt Foundation: A renewed commitment to the Sri Lankan art ecosystem

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The George Keyt Foundation (GKF), dedicated to preserving the legacy of modernist painter George Keyt and fostering local art, has announced strategic appointments to its leadership team, bringing together a mix of global academic expertise, corporate leadership, and artistic passion. These enhancements aim to inject fresh expertise and academic depth into the Foundation’s long-term vision.

Establishment of the New Advisory Committee

To broaden its operational reach and deepen its engagement with the global art market, the George Keyt Foundation has established an Advisory Committee. The newly appointed committee members include:

• Dr Sujatha Meegama is a Senior Lecturer in Buddhist Art History at the Courtauld. She is an acclaimed art historian, author and academic, bringing specialised knowledge in South Asian art history to guide the foundation’s curatorial and educational directives.

• Dr Shamil Wanigaratne: A clinical psychologist, author, and avid art historian, Shamil will lend his unique perspective to help the foundation design meaningful public outreach and cultural preservation strategies.

• Abbas Esufally: A veteran corporate leader and patron of the arts, Abbas is transitioning from his role as a GKF Trustee to this advisory position, where he will continue to offer his sharp business acumen and extensive network.

New Trustee Appointment

Leesha Captain has been appointed to the Board of Trustees. Inspired by Sri Lankan artists, Leesha is a recognised supporter of the local art scene. Leesha’s hands-on perspective will strengthen the foundation’s core team as they develop and design new art programs.

A Vision for the Future

“These new appointments mark an exciting chapter for us as we build on our decades-long history of promoting Sri Lankan artists,” says Malaka Talwatte, Chairman of the Foundation. “The combination of Leesha on the board, alongside the diverse expertise of our new Advisory Committee, will significantly amplify our efforts in curating high-profile exhibitions and expanding local and international partnerships”.

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Sun Siyam Pasikudah celebrates World Tourism Day with culture, cuisine and community

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Sun Siyam Pasikudah, part of the Privé Collection under Maldivian-owned Sun Siyam Resorts, will mark World Tourism Day on 27 September 2026 with a full day programme celebrating the culture, cuisine and natural beauty of Sri Lanka’s east coast, paired with community focused sustainability activities.

The celebrations open with a special buffet of authentic Sri Lankan cuisine, followed by a street food festival showcasing regional snacks and traditional sweets rarely found on resort menus. A signature World Tourism Day mocktail and cocktail, created for the occasion, will be served through the day, while traditional Sri Lankan cultural dance performances bring the island’s heritage to life for guests.

Beyond the festivities, the resort has planned a tree planting activity with guests and a beach or park clean up campaign, both reflecting Sun Siyam Pasikudah’s ongoing commitment to responsible tourism along Sri Lanka’s northeast coast.

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Seylan Cards partners with Cinnamon City of Dreams to unveil ‘Lenny Jay’s Michael: Relive the Legend’

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Left to Right Asiri Abhayaratne, AGM - Marketing & Sales, Seylan Bank PLC; Dileep Mudadeniya, Senior Vice President – Global Alliances and Partnerships, John Keells Leisure, Head of Corporate Affairs – John Keells Group; Kamal Munasinghe, Senior Vice President, Colombo Hotels, Cinnamon Hotels & Resorts and General Manager, Cinnamon Life at City of Dreams Sri Lanka; Eugene Seneviratne – DGM Retail Banking, Seylan Bank PLC; Ruchith Liyanage Head of Cards, Seylan Bank PLC; Roshan Rajapakse - Senior Manager Cards, Marketing & Promotions, Seylan Bank PLC

Seylan Cards has partnered with City of Dreams Sri Lanka, to present ‘This Is Michael: Relive the Legend’, a live tribute to the legacy, music, and energy of Michael Jackson. Held at City of Dreams Sri Lanka, from the 8th to the 9th of November 2026, the event offers Seylan Cardholders the unique opportunity to immerse themselves in premium entertainment and create extraordinary memories.

Standing as an internationally acclaimed Michael Jackson tribute production, ‘This is Michael: Relive the Legend’ has travelled across 15 countries and 25 cities. Performed by Lenny Jay, the tribute show honours the voice, costumes, and the iconic presence of Michael Jackson and his immense impact on the world, backed by an exhilarating cast of singers, dancers, and musicians.

The partnership expands Seylan Cards’ proposition, effectively opening the doors to exclusive entertainment, lifestyle, and experiential opportunities and allowing Cardholders to step into the experience of an authentic Jackson performance.

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