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Heavy sellouts in CSE’s index-heavy counters

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By Hiran H. Senewiratne

The CSE posted its third consecutive sharp fall yesterday amid relatively low investor activity but turnover was heathy and above average.

The market was highly volatile at the beginning of the session, witnessed some positive trends later on but finally turned negative because there were heavy sellouts in index heavy two counters in Expolanka Holdings and LOLC Holdings, stock market analysts said.

This heavy sell out situation was made use of by bargain hunters during the day and indices fell to three-week lows, recording a second consecutive session of losses due to price declines in heavyweight counters across sectors, market analysts said.

It is said the ASPI commenced the session with sharp volatility, dropping 165 points in early trade and immediately surged 173 points to reach an intra-day high of 13,218 (+7 points). Thereupon, the index trended downwards dragged by price declines in LOLC (-2.4 per cent), Samapth Bank (-2.1per cent) and Expolanka Holdings (-1.4per cent).

Amid those developments both indices showed a downwards trend. The All- Share Price Index went down by 180 points and S and P SL20 declined by 78.16 points. Turnover stood at Rs 7.6 billion with two crossings. Those crossings were reported in Chevron Lubricants, which crossed 252,000 shares to the tune of Rs 39.9 million, its shares traded at Rs 122.50 and Access Engineering 635,000 shares crossed for Rs 21.9 million, its shares traded at Rs 34.50.

In the retail market top five companies that mainly contributed to the turnover were, Expolanka Holdings Rs 2 billion (5.3 million shares traded), Browns Investments Rs 736 million (46.7 million shares traded), Softlogic Life Insurance Rs 613 million (four million shares traded), LOLC Holdings Rs 235 million (196,000 shares traded), DIMO Rs 220 million (157.000 shares traded), Hayleys Rs 215 million (1.5 million shares traded) and LOLC Finance Rs 205 million (eight million shares traded). During the day 232 million share volumes changed hands in 59000 transactions.

The Capital Goods sector was the top contributor to the market turnover (due to Access Engineering and Royal Ceramics) while the sector index lost 0.61 percent. The share price of Access Engineering recorded a gain of 80 cents to close at Rs. 35. The share price of Royal Ceramics declined by 70 cents (0.91per cent) to close at Rs. 76.

The Transportation sector was the second highest contributor to the market turnover (due to Expolanka Holdings) while the sector index decreased by 1.42 per cent. The share price of Expolanka Holdings decreased by Rs. 5.25 (1.37 per cent) to close at Rs. 377.

Separately, JKH, On’ally Holdings and JAT Holdings announced their interim dividends of 50 cents, Rs. 2.10 and 25 cents per share respectively.

Yesterday, the US dollar was quoted at Rs 202, which was the Central Bank controlled price to prevent price escalation of imported essential items in the country. The actual price of a US dollar would be 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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