Connect with us

Business

Bukit Darah and Carsons contribute 38 points to ASPI

Published

on

By Hiran H.Senewiratne 

The CSE yesterday saw its main indices rebound on improved turnover. Both indices moved upwards accordingly. The All Share Price Index was up by 63.3 points and S and P SL20 up by 5.74 points. 

Bukit Darah and Carsons Cumberbatch contributed more than 38 points to the All Share Price Index.   Bukit Darah shares started trading at  Rs. 250.20 but at the end of the day a share moved up to Rs. 312.50. This was more than a 25 percent or 62.30 increase  in price while Carsons Cumberbatch started trading in the morning with a value of  Rs. 210 per share and at the end of the day it moved up to Rs. 262, which was a  Rs. 52 or 25 percent increase in its share price. 

Turnover stood at Rs. 2.42 billion with two crossings. Those crossings were reported in JKH, which crossed Rs. 1.8 million shares to the tune Rs. 244.8 million; its share price was reported to be Rs. 136 and Hemas Holdings five million shares crossed for Rs. 357.8 million; its share price settling at Rs. 72.

In the retail market, top five companies that mainly contributed to the turnover were; Expolanka Rs. 243.8 million (22.1 million shares traded), Hemas Holdings Rs. 141.3 million (two million shares traded), Industrial Asphalts  Rs.  94.1 million (314 million shares traded), Lanka IOC Rs. 76.2 million (2.9 million shares traded) and CT Holdings Rs. 57.2 million (369,000 shares traded). During the day 454 million share volumes changed hands in 21579 transactions. 454 million share volumes changed hands in 21579 transactions.  

High net worth and institutional investor participation was noted in Expolanka Holdings and Commercial Bank. Mixed interest was observed in Hatton National Bank, IOC, Melstacorp and Sierra Cables. Furthermore, foreigners closed as net sellers mainly due to foreign selling in Commercial Bank and Alumex while retail interest was noted in many sectors.

 

 



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Pasans Rent a Car honoured at Iconic Awards 2025 in Thailand

Published

on

Managing Director Dr. Pasan Nalinda Hiripitiyage receiving the award

Pasans Rent a Car (Pvt) Ltd was recently honoured as The Excellent Car Rentals and Tour Service Provider of the Year at the Iconic Awards 2025 held in Bangkok, Thailand. Managing Director, Dr. Pasan Nalinda Hiripitiyage received the award. Established in 2002 as a modest vehicle rental service, Pasans Rent a Car has today grown into a national name in travel and transport. Headquartered in Malabe, they cater to a wide range of clients such as private customers, tourists, and private and Government institutions including Ministries.

Continue Reading

Business

Medihelp Hospitals and Apollo Hospitals Group-India announce strategic clinical collaboration

Published

on

Exchanging of the MOU by Jithu Jose (Vice President - International Division of Apollo Hospitals) (Second from Right) and Nishantha Jayamanne (Chief Operating Officer - Medihelp Hospitals Group) (Extreme Right), Dr. Elankumaran K. (Head of the Liver Transplant Program - Apollo Hospitals - Chennai) (Extreme Left), Dr. Appaji Krishan (Senior Consultant Spine Surgeon - Apollo Hospitals - Chennai) (Second From Left)

Medihelp Hospitals and Apollo Hospitals Group-India have announced a strategic clinical collaboration during a grand ceremony at the Kingsbury Hotel in Colombo. The MOU outlines a framework for clinical collaboration, focusing on knowledge sharing, advanced specialty care, preventive health initiatives, and continuous professional development. This partnership aims to elevate clinical standards in Sri Lanka by introducing global best practices through joint programs, telemedicine, second-opinion services, and medical education.

The agreement was signed and exchanged by Nishantha Jayamanne, Chief Operating Officer of Medihelp Hospitals, and Jithu Jose, Vice President – International Division of Apollo Hospitals. Nishantha welcomed the dignitaries and emphasized the importance of such collaborations in light of the escalating disease burden and changing disease patterns. Jithu Jose remarked, “At Apollo Hospitals, we are committed to the principle that access to high-quality healthcare should transcend geographical boundaries. We are proud to be part of this collaborative initiative to strengthen the ties between the medical communities of India and Sri Lanka.”

Continue Reading

Business

Union Assurance leads fight against diabetes with nationwide ‘Suwamaga’ initiative

Published

on

Union Assurance, a pioneering force in Sri Lanka’s private life insurance sector, is playing an increasingly proactive role in addressing the country’s rising diabetes crisis. As part of its commitment to corporate citizenship, the company has launched Suwamaga, an impactful CSR programme aimed at combating the growing threat of non-communicable diseases (NCDs), with a particular focus on diabetes.

Senath Jayatilake, Chief Executive Officer at Union Assurance, explained that the company’s corporate responsibility approach stems from its new brand vision, which is centered around empowering human progress by protecting what matters most. He emphasized that this vision is aligned with the company’s dedication to strengthening not only financial stability but also the emotional, physical, and community well-being of Sri Lankans. “As part of our strategic direction, we recognized the severe impact of NCDs, particularly diabetes, on the nation’s social and economic progress,” Jayatilake noted.

The Suwamaga programme launched in 2024, under the Ministry of Health’s collaboration, includes a Mobile Screening Unit, which has already screened over 26,000 individuals across Sri Lanka, from urban centers to rural communities. The mobile unit offers free diabetes screenings, followed by personalized medical advice, empowering the public to take charge of their health. Mahen Gunarathna, Chief Marketing Officer at Union Assurance, shared, “The screenings have revealed alarming results. Approximately 15% of participants were recommended for further testing, with 12% diagnosed with diabetes for the first time. These screenings have proven essential for early intervention.”

The gravity of the diabetes crisis in Sri Lanka was further highlighted by Dhanya Wijesuriya, Vice President of the Sri Lanka Diabetes Association. “Diabetes is a silent killer in Sri Lanka, affecting an alarming portion of the population,” she said, stressing that early detection is key to preventing the disease from progressing. “Pre-diabetes is reversible, but once diabetes is diagnosed, it’s a lifelong condition. Tragically, half of those affected remain unaware until complications arise.”

Continue Reading

Trending