Business
Low interest rate regime propels bourse to green territory
The CSE was bullish and reflected an upward trend despite some mild volatility yesterday. The low interest regime and satisfactory quarterly results moved the market to green territory, market analysts said.
Amid those developments both indices moved upwards. The All Share Price Index up by 31.49 points while S and P SL20 rose by 0.44 points. Turnover stood at Rs 3.7 billion with eleven crossings.
Those crossings were reported in Sunshine Holdings; 11 million shares crossed to the tune of Rs 261 million and its shares traded at Rs 24, Union Bank 12 million shares crossed to the tune of Rs 129 million; its shares traded at Rs 10.80, Digital Mobility Solution 1 million shares for Rs 72 million; its shares traded at Rs 72, JKH 2.5 million shares crossed for Rs 53 million and its shares traded at Rs 21.20.
Lanka IOC 400,000 shares crossed to the tune of Rs 52 million; its shares traded at Rs 130, Hemas Holdings 2 million shares crossed for Rs 51 million; its shares traded at Rs 25.50, Keells Holdings 2 million shares crossed for Rs 41 million; its shares sold at Rs 20.50, DFCC Bank 332,000 shares crossed to the tune of Rs 34.1 million; its shares traded at Rs 103, ACL Cables 200,000 shares crossed for Rs 26.4 million; its shares traded at Rs 132, Agarapathana Plantations one million shares crossed to the tune of Rs 22.8 million; its shares traded at Rs 22.80 and Dialog 1.25 million shares crossed for Rs 20.6 million and its shares sold at Rs 16.50.
In the retail market top six companies that mainly contributed to the turnover were; Hemas Rs 165 million (6.4 million shares traded), Sunshine Holdings Rs 164 million (6.8 million shares traded), Dialog Rs 157 million (9.5 million shares traded), RIL Properties Rs 124 million (6.6 million shares traded), Melstacope Rs 124 million (858,000 shares traded) and Browns Investments Rs 120 million (15.3 million shares traded). During the day 182 million share volumes changed hands in 24000 transactions.
It is said that manufacturing and plantation sector counters led the market, especially Sunshine Holdings and JKH, while banking and finance sector also played a significant role, especially Union Bank.
Yesterday, the rupee opened at Rs 299.10/25 to the US dollar in the spot market, stronger against the previous day close of Rs 299.35/45, dealers said, while bond yields were down sharply.
A bond maturing on 15.10.2028 was quoted at 9.65/70 percent. A bond maturing on 15.06.2029 was quoted at 9.90/98 percent, down from 10.07/11 percent. A bond maturing on 15.09.2029 was quoted at 9.98/10.02 percent. A bond maturing on 15.03.2031 was quoted at 10.45/52 percent, from 10.57/63 percent.
By Hiran H.Senewiratne
Associated Motorways (AMW), Yamaha’s exclusive Sri Lankan distributor for over 75 years, celebrated the brand’s grand return after a five-year hiatus due to import restrictions. Marking the occasion, AMW hosted a groundbreaking fashion-themed launch event on 14th June 2025 at Cinnamon Lakeside Colombo, unveiling a new lineup of fuel-efficient motorcycles and scooters, including the standout Yamaha RayZR 125 (71km/l).
Beyond specs, Yamaha’s “Built to Ride” campaign highlights the passion and resilience of Sri Lankan riders, focusing on emotion over mechanics. Andre Bonthuys, AMW’s Group Managing Director, emphasized Yamaha’s commitment to redefining the riding experience. Backed by AMW’s service excellence and global “Kando” philosophy, Yamaha’s return promises to revitalize Sri Lanka’s two-wheeler market with performance, innovation, and style.
In a historic move that redefines rural financial security, Pelwatte Dairy Industries has announced the launch of Sri Lanka’s first pension scheme for dairy farmers, reinforcing its commitment to both national self-sufficiency and the welfare of the farming community.
Pelwatte Dairy, one of Sri Lanka’s foremost homegrown dairy brands, has long been a pillar in the push to replace imported dairy with locally produced milk, saving the nation billions in foreign exchange. Milk powder production is expected to increase by 80% upon completion of the new Kurunegala processing facility, supporting local demand and opening up new export opportunities.
This landmark pension initiative will benefit over 30,000 registered dairy farmers working with Pelwatte. Designed to offer financial stability post-retirement, the scheme ensures these vital contributors to Sri Lanka’s food security can live out their later years with dignity and peace of mind. Additional benefits will support health, education, and safety for the farmers’ families setting a new standard for agricultural welfare in the region.
“This is a defining milestone not just for Pelwatte, but for the entire Sri Lankan dairy sector,” said Ariyasheela Wickramanayake, Chairman of Pelwatte Dairy. “It is our corporate responsibility to safeguard those who work tirelessly to feed the nation.”
Akmal Wickramanayake, Managing Director, added: “We see this as more than a welfare initiative. It’s an investment in rural development, sustainable agriculture, and national economic resilience.”
CEEDECS Lanka Holdings Pvt. Ltd., a leading Sri Lankan construction firm, has been honored with the Best National Industry Brand Award in the Mining and Allied Industry Sector (Medium Scale) at the National Industry Brand Excellence Awards, organized by the Industrial Development Board. The award recognizes their eco-friendly brand, Harithaweli Ready Mix, which offers sustainable alternatives to traditional sand-based construction materials.
Founded in 1999 and based in Mahara, Kadawatha, CEEDECS has over 20 years of expertise in construction, consultancy, and design. Harithaweli’s products—including Ready-Mix Plaster, Waterproof Solutions, and Tile Adhesives—are durable, affordable, and environmentally friendly, gaining popularity among builders and contractors.
With 21 showrooms nationwide and multiple quality certifications, CEEDECS continues to expand its reach.
At least one person killed, several injured, after earthquake hits Peru
Numerous Clean Sri Lanka initiatives were implemented in Anuradhapura during Poson week
Workshop on the use of AI to enhance the efficiency and productivity of the public service
-
Features3 days agoThey came, they won, they returned to Jaffna isles
-
News5 days agoUK confirms ongoing war crimes investigation into British mercenaries in Sri Lanka
-
News3 days agoITAK candidate elected B’caloa Mayor as NPP seeks alliance with Pillayan
-
Features6 days agoFrom economic accountability to war-time accountability
-
Features6 days agoSinging Chef’s daughter… in the spotlight again
-
Opinion4 days agoProf. Dissanayake honoured for oustanding contribution to Sinhala literature
-
Opinion6 days agoCelebrating Arrival of Buddhism in Sri Lanka
-
Editorial6 days agoPoya pardon controversy