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M-E tensions continue to prove a dampener for stock trading; indices down

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West Asian tensions coupled with bargain-hunting precipitated a downward trend in the stock market yesterday.

Both indices moved downwards. The All Share Price Index went down by 32.43 points, while the S and P SL20 declined by 2.02 points. Turnover stood at Rs 4.31 points with nine crossings.

Top seven crossings were reported in Distilleries where two million shares crossed to the tune of Rs 118 million; its shares traded at Rs 59, Commercial Bank 500,000 shares crossed for Rs 105 million and its shares sold at Rs 210.25, Prime Lands Residencies 1.8 million shares crossed for Rs 97.3 million; its shares sold at Rs 55.

Chevron Lubricants 100,000 shares crossed to the tune of Rs 76.3 million; its shares sold at Rs 190, Access Engineering one million shares crossed to the tune of Rs 75.5 million; its shares traded at Rs 75.50, Lanka IOC 500,000 shares crossed for Rs 74.5 million; its shares sold at Rs 149 and Sampath Bank 250,000 shares crossed for Rs 40.5 million; its shares sold at Rs 156.

In the retail market top seven companies that mainly contributed to the turnover were; Lanka Credit and Business Finance Rs 279 million (30.5 million shares traded), Softlogic Capital Rs 275 million (20.8 million shares traded), Softlogic Holdings Rs 260 million (22.8 million shares traded), Softlogic Finance Rs 242.5 million (31 million shares traded), HNB Finance Rs 201 million (19 million shares traded), Asia Siyaka Rs 133 million (7.5 million shares traded) and Singer SriLanka Rs 118 million (1.5 million shares traded). During the day 219.9 million share volumes changed hands in 31448 transactions.

It is said that the banking and financial sector performed well. Sampath Bank and Commercial Bank performed well. The real estate and real estate related counters were also active at the floor.

Yesterday the rupee was quoted at Rs 310.95/311.10 to the US dollar in the spot market, from Rs 310.95/311.05 the previous day, dealers said, while bond yields were broadly steady.

An auction of Rs 130,000 million Treasury bills was ongoing.

A bond maturing on 15.02.2028 was quoted at 9.05/10 percent, up from 9.05/08 percent.

A bond maturing on 15.06.2029 was quoted at 9.40/50 percent.

A bond maturing on 15.12.2029 was quoted at 9.55/60 percent.

A bond maturing on 01.03.2030 was quoted at 9.63/68 percent, up from 9.60/67 percent.

A bond maturing on 01.10.2032 was quoted at 10.20/25 percent, down from 10.20/27 percent.

A bond maturing on 01.06.2033 was quoted at 10.47/53 percent, up from 47/52 percent.

The telegraphic transfer rates for the American dollar were 307.5000 buying, 314.5000 selling; the British pound was 412.4211 buying, and 423.7245 selling, and the euro was 355.1348 buying, 366.5542 selling.

By Hiran H Senewiratne



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Pan Asia Bank’s Rs. 5 b debenture issue oversubscribed

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B D A Perera, Chairman and Naleen Edirisinghe Director/CEO of Pan Asia Bank

Pan Asia Banking Corporation PLC’s Senior Listed Rated Unsecured Redeemable Debenture issue of up to Rs. 5 billion was oversubscribed following its opening reflecting strong investor interest.

The debentures, with a par value of Rs. 100 each, will be listed on the Colombo Stock Exchange (CSE). The three-year debentures offer an interest rate of 12.75% interest payable annually, while the five-year debentures offer 13.50% interest payable annually.

The issue has been assigned a BBB+ (Stable) rating by Lanka Rating Agency.

The debenture issue was managed by the Investment Banking Unit of Commercial Bank of Ceylon PLC, with SSP Corporate Services (Private) Limited serving as the Registrar to the Issue.

The Bank said the strong investor response demonstrates continued confidence in Pan Asia Bank and its approach to creating long-term value for its stakeholders.

Pan Asia Bank, which positions itself as ‘The Truly Sri Lankan Bank’, continues to strengthen its role in supporting the financial requirements of individuals and businesses while contributing to the development of Sri Lanka’s economy.

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SLIIT International and Liverpool John Moores University inaugurate dedicated international learning facility

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Andrew Patrick

The Sri Lanka Institute of Information Technology (SLIIT) and Liverpool John Moores University (LJMU), United Kingdom, recently inaugurated SLIIT International in Collaboration with LJMU, a dedicated international learning facility located at No. 17, Dickmans Road, Colombo 04, marking a significant milestone in a partnership spanning more than a decade and reinforcing their commitment to providing Sri Lankan students with access to internationally recognised UK higher education qualifications.

The Grand Opening Ceremony was attended by Andrew Patrick, British High Commissioner to Sri Lanka, who graced the occasion as Chief Guest, alongside senior representatives from SLIIT, Liverpool John Moores University, the British Council, academia, industry and other stakeholders, marking the next chapter of the longstanding SLIIT–LJMU collaboration. The new facility is particularly significant as Sri Lanka’s first academic facility dedicated exclusively to the delivery of LJMU degree programmes, reflecting the strength, maturity and long-term commitment of the partnership.

Over the past decade, the SLIIT–LJMU partnership has established a growing network of more than 1,500 alumni, while providing Sri Lankan students with opportunities to gain internationally recognised UK qualifications locally. The new dedicated facility has been designed to provide a world-class learning environment exclusively for LJMU programmes, supporting future programme expansion, strengthening the student experience and creating opportunities for deeper academic collaboration, innovation, research and student engagement.

Commenting on the milestone, Prof. Lalith Gamage – Vice-Chancellor, Managing Director and Chief Executive Officer, SLIIT, stated, “The launch of SLIIT International in Collaboration with Liverpool John Moores University represents an important new chapter in our longstanding partnership with Liverpool John Moores University. Our vision is to provide Sri Lankan students with a world-class education and student experience right here in Sri Lanka, while equipping them with the global outlook, critical thinking, professional capabilities and career readiness required to succeed in an increasingly interconnected world. This dedicated facility strengthens the student experience while providing a strong foundation for the continued growth of our collaboration with LJMU.”

Prof. Timothy Nichol, Pro-Vice-Chancellor, Faculty of Society and Culture, Liverpool John Moores University, said, “The opening of Sri Lanka’s first facility dedicated exclusively to LJMU degree programmes represents a significant milestone for the University and our partnership with SLIIT. It reflects the strength of our collaboration and our shared commitment to delivering a high-quality LJMU educational experience in Sri Lanka. The new facility also creates exciting opportunities for deeper academic collaboration, innovation, research and student engagement as we look towards the next phase of our partnership.”

A key highlight of the Grand Opening Ceremony was the panel discussion titled “Beyond Borders: The Role of British Higher Education in Developing Globally Competitive Graduates.” The discussion examined the growth of international educational opportunities in Sri Lanka, the future expansion of UK degree programmes, maintaining the quality and integrity of UK qualifications, developing future-ready graduates with global competencies, and the role of international higher education in strengthening graduate employability. The panel brought together Prof. Lalith Gamage; Prof. Timothy Nichol; Mr. Sajeewa Meepage, Representative of the British Council; and Dr. Harsha Cabral, Board Member of SLIIT.

The panelists further emphasized on emerging trends in areas including law, business, psychology and artificial intelligence, as well as the contribution of UK higher education to Sri Lanka through internationally recognised qualifications that uphold global academic standards.

The discussion explored the history and future of the SLIIT–LJMU partnership, the strategic significance of the new SLIIT International facility, academic quality, graduate employability and the long-term growth of LJMU programmes in Sri Lanka.

The ceremony also featured a special address by Andrew Patrick, British High Commissioner to Sri Lanka, followed by an address by Mrs. Clare Sears, Country Director, British Council Sri Lanka. The evening also included the ceremonial exchange of the partnership document between SLIIT International and Liverpool John Moores University, symbolising the continued commitment of both institutions to strengthening their collaboration and expanding international educational opportunities for Sri Lankan students.

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Dijital Team and WinSYS City University launch two-year partnership

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Ziyam Abdeen, Chairman of WinSYS, and Peter Ward, Managing Director of Dijital Team, at the signing ceremony for the two-year partnership

Dijital Team has signed a two-year partnership with Winsys City University, strengthening the skills and capabilities of its team members to support Managed Service Providers and IT service providers while elevating tech talent to immediate industry-readiness. With a Memorandum of Understanding (MOU) signed recently, the partnership was formally launched on 9 September 2026 at Dijital Team’s office premises, Colombo.

Combining Dijital Teams’ international employer network and understanding of the capability requirements of MSPs and IT service providers across Australia, New Zealand and the United Kingdom with Winsys City University’s training heritage of 21 years, the joint programmes create legitimate classroom-to-international-career pathways, offering structured learning and certification avenues that support deeper capability across cloud, cybersecurity, automation, AI and emerging technologies.

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