Business
Share market sees marked buying interest due to positive outlook on debt restructuring front
By Hiran H. Senewiratne
The stock market yesterday started off on a profit- taking stance but by the middle of the session heavy buying interests were noted among banking sector counters due to the positive status quo in the external debt restructuring exercise, market analysts said.
Consequently, the stock market recorded a new high in trading yesterday as bullish investor sentiment boosted activities, especially in the banking sector. This resulted in both indices moving up. The All Share Price Index rose by 40.35 points, while S and P SL 20 moved to 6.72 points.
Turnover stood at Rs 2.5 billion with seven crossings. Those crossings were reported in Ambeon Capital, which crossed 39.4 million shares to the tune of Rs 354 million; its shares traded at Rs 9, Hayleys 500,000 shares crossed for Rs 44.25 million; its shares traded at Rs 88.50, Lanka Aluminium 1 million shares amounting to Rs 25.50 per shares, crossed to the tune of Rs 25.50 million, NDB 300,000 shares crossed for Rs 23.1 million and its shares traded at Rs 77, Access Engineering 1 million shares crossed to the tune of Rs 23; its shares traded at Rs 23, Pan Asia Bank 903,000 shares crossed for Rs 21.1 million and its shares sold at Rs 23.30 and LOLC Holdings 50000 shares crossed for Rs 20.2 million and its shares traded at Rs 405.
In the retail market top seven companies that mainly contributed to the turnover were; Commercial Bank Rs 150 million (1.3 million shares traded), HNB Rs 90.8 million (454,000 shares traded), Sampath Bank Rs 82.4 million (1 million shares traded), Capital Alliance Rs 81.4 million (1.3 million shares traded) and Vallibel One Rs 80.8 million (1.5 million shares traded). During the day 135 million share volumes changed hands in 19200 transactions.
It is said that high net worth and institutional investor participation was noted in Sampath Bank, JKH and Hemas Holdings. Mixed interest was observed in Commercial Bank, Lanka Aluminium Industries and Lanka IOC, while retail interest was noted in Citrus Leisure rights, Browns Investments and LOLC Finance.
The Banking sector was the top contributor to the market turnover (due to Sampath Bank and Commercial Bank) while the sector index gained. The share price of Sampath Bank increased by Rs. 2.90 to reach Rs. 80.90. The share price of Commercial Bank recorded a gain of Rs. 4.75 to reach Rs. 110.
The Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings and Hemas Holdings) while the sector index increased by 0.28%. The share price of John Keells Holdings closed flat at Rs. 199. The share price of Hemas Holdings moved up by Rs. 2 to Rs. 83.
Yesterday the rupee opened at Rs 298.60/65 to the US dollar in the spot forex market, stronger from 298.90/299.00 on Monday, dealers said, while bond yields were down.
A bond maturing on 15.12.2026 was quoted at 11.35/40 percent from 11.35/45 percent. A bond maturing on 15.09.2027 was quoted stable at 11.85/12.00 percent. A bond maturing on 15.12.2028 was quoted at 12.05/15 percent, down from 12.10/20 percent. A bond maturing on 15.09.2029 was quoted at 12.15/30 percent from 12.20/40 percent.
Business
UN Global Compact Network Sri Lanka mobilizes business to lead with purpose
As businesses navigate an increasingly complex operating environment shaped by workforce transformation, evolving stakeholder expectations, technological disruption and shifting market demands, strengthening performance requires more than new strategies. It requires new ways of thinking, leading, and collaborating.
It was against this backdrop that UN Global Compact Network Sri Lanka convened CATALYZE 2026: Social, bringing together business leaders, sustainability practitioners, policymakers, development partners and industry experts to mobilize collective action and equip businesses with the knowledge, partnerships and practical approaches needed to strengthen performance through responsible business.
More than a forum for dialogue, CATALYZE 2026 was designed to help businesses think differently about performance. It reinforced that long-term success is increasingly shaped by how organizations lead, uphold human rights, foster inclusive workplaces, strengthen ethical governance, and build cultures that enable innovation, resilience and trust. Responsible business is no longer separate from business performance — it is fundamental to it.
Aligned with the UN Global Compact’s 2026–2030 Global Strategy, the Forum reflected its three strategic pillars — Equip, Catalyze and Advance — by strengthening business capability, fostering collaboration and mobilizing leadership to accelerate progress on social sustainability.
UN Global Compact Network Sri Lanka’s approach to social sustainability centres on driving this change — recognizing that meaningful progress comes not only through policies and commitments, but through the everyday decisions, leadership behaviours and organizational cultures that shape how businesses operate. CATALYZE 2026: Social encouraged participants to move beyond intention towards implementation, embedding responsible business practices into strategy, governance and organizational culture.
Opening the CATALYZE 2026: Social, Rathika de Silva, Executive Director of UN Global Compact Network Sri Lanka, spoke to the role of responsible business leadership in strengthening Sri Lanka’s global competitiveness:
“Sri Lanka has the workforce, resilience, and opportunity to compete not by being the cheapest producer, but by becoming the most trusted. As global expectations evolve, compliance is no longer simply a cost of doing business — it is the foundation of market access, and the decisions we make today will determine how strongly we compete in the markets of the future.”
The Forum featured keynote addresses, leadership dialogues and technical sessions on the issues shaping the future of business, including business integrity and anti-corruption, human rights, neurodiversity and inclusive workplaces, artificial intelligence and the future of jobs, the Women’s Empowerment Principles (WEPs), responsible sustainability communications, and workforce resilience. Together, these discussions highlighted how responsible leadership, inclusive practices, and strong governance contribute to organizational resilience, innovation, and long-term performance.
Business
A regional conversation on the future of English language teaching
Free British Council online conference brings together leading educators from across South Asia to explore how creativity, inclusion and technology can help prepare learners for a rapidly changing world
The British Council has announced the South Asia TeachingEnglish Online Conference 2026, a free three-day event that will convene educators, researchers and teacher educators from across the region to examine one of the most pressing questions facing education today: how can schools equip learners with the creativity, adaptability and communication skills needed to thrive in an increasingly complex world?
Taking place from 23–25 July 2026, the online conference comes at a time when education systems across South Asia are grappling with the challenge of balancing curriculum demands, assessment pressures and evolving learner needs. While English remains a critical gateway to academic and professional opportunities, educators are increasingly seeking approaches that move beyond language acquisition alone to foster critical thinking, collaboration, learner agency and participation.
Business
The Ceylon Chamber convenes dialogue on energy security and standards for Sri Lanka’s energy transition
The Ceylon Chamber of Commerce recently hosted a discussion titled “Energy Transition in Sri Lanka: Strategic Insights from Global Markets”, bringing together representatives from the public and private sectors, industry experts, academics, and other stakeholders to examine the opportunities and challenges associated with Sri Lanka’s evolving energy landscape.
Held at a time when countries around the world are accelerating their transition towards cleaner, more resilient, and technology-driven energy systems, the event provided a timely platform to examine renewable energy not only as an environmental priority but as a strategic pillar of national energy security, with implications for economic growth and long-term competitiveness. The discussion also considered the increasing importance of reliable energy infrastructure in meeting the growing demands of digital transformation, including emerging technologies such as artificial intelligence, electric mobility, and data centres.
The programme covered a wide range of topics relevant to Sri Lanka’s energy future, including renewable energy development, energy security, regulatory and policy frameworks, electricity sector reforms, energy storage systems, grid modernization, investment and financing considerations, and international experiences in energy transition. Particular attention was given to the need for creating an enabling environment that supports innovation, attracts investment, including the technical and safety standards required to protect consumers and businesses as storage and solar adoption scales nationally.
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