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Investor caution over IMF review piles selling pressure on shares

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By Hiran H.Senewiratne

The stock market yesterday witnessed huge selling pressure as local and foreign investors became cautious over the IMF’s next review of the economy and the forthcoming budget that will take place this month, market analysts said.

Amid those developments both indices moved downwards. The All- Share Price Index went down by 168.4 points while S and P SL20 declined by 24.93 points. Turnover stood at Rs 2 billion with the following crossings. Those crossings were reported in Amana Bank, which crossed 8.2 million shares to the tune of Rs 205.9 million; its shares traded at Rs 25, Ambeon Capital 700,000 shares crossed for Rs 21.3 million, its shares traded at Rs 30.50, Hemas Holdings 185,000 shares crossed for Rs 21.3 million; its shares sold at Rs 115.

In the retail market top six companies that mainly contributed to the turnover were; HNB Rs 180 million (538,000 shares traded), Browns Investments Rs 132 million (15.6 million shares traded), Access Engineering Rs 100.6 million (2.4 million shares traded), Melstacope Rs 93.9 million (721,000 shares traded), JAT Holdings Rs 74.9 million (2.6 million shares traded) and LOLC Holdings Rs 72.1 million (105,000 shares traded). During the day 78.5 million share volumes changed hands in 17890 transactions.

It is said that the banking and financial sector counter was the main contributor to the turnover, while the manufacturing sector was the second largest contributor to the turnover. Other sectors also performed but not at a satisfactory level.

Yesterday the rupee was quoted at Rs 297.30/60 to the US dollar in the spot market, weaker from Rs 297.00/50 to the US dollar Friday, dealers said, while bond yields were broadly steady.

A bond maturing on 15.12.2026 was quoted flat at 9.05/10 percent. Bonds maturing on 15.09.2027 and 15.10.2027 were quoted flat at 9.75/85 percent. A bond maturing on 01.05.2027 was quoted at 9.50/60 percent. A bond maturing on 15.02.2028 was quoted at 10.13/16 percent, up from 10.13/15 percent. A bond maturing on 01.05.2028 was quoted flat at 10.25/30 percent. A bond maturing on 15.10.2028 was quoted at 10.40/42 percent, up from 10.38/43 percent. A bond maturing on 15.09.2029 was quoted at 10.80/90 percent, up from 10.80/85 percent. A bond maturing on 15.10.2030 was quoted at 11.26/32 percent, up from 11.25/30 percent.



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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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