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Notable price appreciation of Hela Apparel Holdings shares

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By Hiran H. Senewiratne

CSE trading activities were volatile throughout yesterday but notable price appreciation was witnessed in newly listed companies, especially Hela Apparel Holdings. The reason for the market to perform negatively was that profit- takings took place in several blue-chip companies, stock market analysts said.

Hela Apparel Holdings, the holding company of the Hela Clothing Group, ended its third quarter on a high note, having exceeded its annual performance for FY2020/21 within the first nine months of the current financial year and appreciated its share price by 24 per cent or Rs 3.60. Its share price shot up to Rs 18.60 from Rs 15.

During the day both indices moved downwards. The All Share Price Index was down by 130 points and the S and P SL20 declined by 52.9 points. Turnover stood at Rs six billion with two crossings. Those crossings were reported in JKH, which crossed two million shares to the tune of Rs 314 million, its shares traded at Rs 157 and LOLC Finance 2.6 million shares crossed to the tune of Rs 73.5 million, its shares traded at Rs 28.

In the retail market top seven companies that mainly contributed to the turnover were; Hela Apparel Rs one billion (52.1 million shares traded), Commercial Leasing and Finance Rs 781 million (22.2 million shares traded), Expolanka Holdings Rs 688 million (1.9 million shares traded), LOLC Finance Rs 470 million (16.5 million shares traded), Browns Investments Rs 219 million (14.4 million shares traded),Softlogic Holdings Rs 193 million ( 2.7 million shares traded) and Sunshine Holdings Rs 181 million (3.6 million shares traded). During the day 193 million share volumes changed hands in 59000 transactions.

It is said high net worth and institutional investor participation was noted in LOLC Finance, Sunshine Holdings and Hayleys. Mixed interest was observed in Expolanka Holdings, Softlogic Life Insurance and LOLC Holdings while retail interest was noted in Browns Investments, Anilana Hotels & Properties and Renuka Agri Foods.

Yesterday the US dollar rate quoted at Rs 203.08, which was the controlled price by the Central Bank. If the IMF comes to the rescue of the economy they would advise the government to free float the dollar, which would touch more than Rs 250, market sources said.



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APHNH aims to make Sri Lanka more competitive for healthcare investment

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Deputy Minister of Health and Mass Media, Dr. Hansaka Wijemuni addresses the audience

Sri Lanka private healthcare leaders recently pledged an action plan with timelines to address the practical priorities of Sri Lanka’s healthcare sector while making it more viable for local and foreign investments.

The Association of Private Hospitals and Nursing Homes (APHNH) has committed to converting recommendations from its first Healthcare Leadership Summit into a trackable outcome document with defined actions, responsibilities, and timelines, marking a shift from discussion to implementation in sector reform efforts.

The summit held on March 9 at Waters Edge, Colombo, brought together hospital leaders, policymakers, regulators, insurers, and international experts to address practical priorities for Sri Lanka’s healthcare sector.

A key outcome of the summit was APHNH’s plan to consolidate recommendations into a single, trackable charter that will outline specific actions, assign responsibilities, establish timelines, and provide periodic progress updates.

“Our objective is to bring the right decision-makers into one room and focus on what can be implemented, not only what can be discussed, ” said Raveen Wickremesinghe, President of APHNH. “We are committed to taking the inputs from today and converting them into a clear, trackable set of actions that strengthens quality, transparency and public confidence, while supporting national health priorities. “

The summit featured insights from Dr. Hafeez Rahman Padiyath, Dr. Hamdani Anver, and Chandana L. Aluthgama on scaling quality and operational discipline. A keynote and fireside discussion with Dr. Paiboon Eksangsri, President of the Private Hospital Association of Thailand, explored lessons from Thailand’s private healthcare development and conditions for making Sri Lanka more competitive for healthcare investment.

By Sanath Nanayakkare

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Atlas SipSavi Naththal Poronduwa records positive public participation, benefiting 10,000 students

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Atlas, Sri Lanka’s No. 1 learning brand, successfully concluded Atlas SipSavi Naththal Poronduwa, a national initiative that saw strong public participation in supporting children at risk of dropping out of school due to financial hardship. At a time when more than 22,000 Sri Lankan children leave school each year due to rising economic challenges, the initiative reinforced Atlas Sipsavi’s long-standing ‘No Child Left Behind’ promise by turning seasonal generosity into meaningful educational support.

The initiative reached 10,000 students, with beneficiary schools carefully selected to ensure support reached those most in need. The collected books were distributed to children at risk of dropping out, including those whose education had been disrupted by recent adverse weather, ensuring students had essential learning resources at the start of the new school term. Through its flagship Atlas SipSavi programme, the brand focused on improving access to education by providing essential learning tools, scholarships, and infrastructure to create better learning environments, bringing its purpose of ‘making learning fun’ to life in a meaningful way. As part of the initiative, the public was invited to donate schoolbooks, with each contribution matched one-for-one by Atlas. Donation boxes were placed at all Keells outlets island-wide and at Sarvodaya District Offices, making it easy for communities to take part.

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John Keells Logistics expands strategic engagement with CWIT through inter-terminal transport operations

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Representing JKLL: Lasitha Manchanayake: CEO, Dilum Liyanage: Snr. Manager - Transport Operations, Kavinda Jayasinghe: Manager - Operations and Randi Peiris: Asst. Manager - Commercial. Representing the John Keells Group: Zafir Hashim: President - Transportation, Plantations and IT Sectors and Asha Perera: CFO. Representing CWIT: Munish Kanwar: CEO, Iresh Siriwardena: COO, Devanshu Bhatia: Head of Techno Commercial, Madhuranga Wijesekara: In Charge - GATE Process, Sandun Niroshan: Duty Manager.

John Keells Logistics (Pvt) Ltd (JKLL), one of Sri Lanka’s leading third-party logistics solutions providers, has successfully expanded its operational engagement with Colombo West International Terminal (Private) Limited (CWIT), through inter-terminal transport services within the Port of Colombo. This enhanced engagement further strengthens CWIT’s efforts to improve operational efficiency, reliability, and scalability across terminal activities.

Inter-terminal transport plays a critical role in modern port operations, requiring high levels of coordination, precision, and operational discipline. JKLL’s appointment for ITT operations reflects CWIT’s confidence in the company’s demonstrated capabilities in managing complex transport operations within a high-throughput port environment.

The ITT operations are underpinned by JKLL’s technology-enabled logistics framework, incorporating real-time fleet tracking, performance monitoring systems, and data-driven operational planning. These capabilities provide enhanced visibility and control over transport movements, while ensuring compliance with established safety, productivity, and service quality standards.

The awarding of this engagement to JKLL is a testament to the successful implementation of the Inter-Terminal Vehicle (ITV) operations undertaken by John Keells Logistics at CWIT during the previous year. The ITV assignment was executed through structured operating procedures and disciplined service delivery, contributing to improved cargo movement, operational coordination, and service continuity within the terminal. The performance outcomes of the ITV operations provided the basis for the subsequent expansion of the partnership into ITT services.

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