Business
CSE’s initial bullish spurt fizzles out in the wake of profit-takings in blue-chips
By Hiran H.Senewiratne
The CSE kicked off on a bullish note but subsequently witnessed some mixed reactions yesterday as profit- takings were noted in index- weighted blue- chip companies, stock market analysts said.The All- Share Price Index went up by 61 points and S and P SL20 declined by 8.57 points. Turnover stood at Rs 2.65 billion with eight crossings.
Those crossings were reported in CTC, which crossed 100,000 shares to the tune of Rs 95 million; its shares traded at Rs 950, Melstacope 1.09 million shares crossed for Rs 87.7 million; its shares traded at Rs 82.50, Vallible One 2 million shares crossed for Rs 78 million, its shares sold at Rs 70, Sampath Bank 1 million shares crossed to the tune of Rs 70 million and its shares fetched Rs 70, HNB 336,000 shares crossed to the tune of Rs 59.7 million and its shares traded at Rs 183, Sunshine Holdings 1.06 million shares crossed for Rs 57.4 million and its shares traded at Rs 54, DFCC Bank 500,000 shares crossed to the tune of Rs 45 million, its shares fetched Rs 90 and JKH 185,000 shares crossed to the tune of Rs 35.7 million, its shares fetched Rs 193.
In the retail market top five companies that contributed to the turnover were Pan Asia Bank Rs 332 million (15.5 million shares traded), JKH Rs 314 million (1.6 million shares traded), DFCC Bank Rs 314 million (3.4 million shares traded) and Central Finance Rs 286 million (2.3 million shares traded) and Capital Alliance Rs 280 million (four million shares traded). During the day 134 million share volumes changed hands in 32383 transactions.
It is said high net worth and institutional investor participation was noted in JKH, Melstacorp and Expolanka Holdings. Mixed interest was observed in Capital Alliance, Teejay Lanka and Commercial Bank, while retail interest was noted in Softlogic Capital, SMB Leasing nonvoting and Browns Investments.
The Banking sector was the top contributor to the market turnover (due to Pan Asian Bank), while the sector index gained 2.31 percent. The share price of Hatton National Bank appreciated by 1 rupee to reach Rs. 183.25.
The Diversified Financials sector was the second highest contributor to the market turnover (due to Capital Alliance) while the sector index increased by 3.78 percent. The share price of Capital Alliance recorded a gain of Rs. 5 to reach Rs. 65.40.
Yesterday, the rupee opened at Rs 320.50/321.50 to the US dollar, after closing on the previous day at 321.50/321.70 to the US dollar, dealers said.
Bond yields were down. A bond maturing on 15.09.2027 was quoted stable at 12.95/05 on Thursday, up from Wednesday’s at 12.95/10 percent.A bond maturing on 01.05.2028 was quoted at down 12.85/95 on Thursday, up from Wednesday’s 13.00/20 percent.
Business
APHNH aims to make Sri Lanka more competitive for healthcare investment
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
Business
Atlas SipSavi Naththal Poronduwa records positive public participation, benefiting 10,000 students
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.
Business
John Keells Logistics expands strategic engagement with CWIT through inter-terminal transport operations
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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