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Rupee appreciation against US dollar generates positive sentiment in share market

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By Hiran H. Senewiratne

With the improvement in macroeconomic indicators, the CSE witnessed some positive sentiment throughout yesterday. The rupee appreciated against the US dollar and the possibility that inflation will come down to single digits by year-end should compel interest rates to come down as well with some positive sentiment being seen in the CSE, market analysts said.

Sri Lanka’s shares gained in mid-day trade on positive sentiments on speculation of a potential conclusion of the IMF deal of US $ 2.9 billion, analysts said. “The market also anticipates rate cuts to be announced at the CBSL Monetary Policy review today, an analyst added.

Amid those developments both indices moved upwards. The All- Share Price Index went up by 111.2 points and S and P SL20 rose by 30.8 points. Turnover stood at Rs 1.5 billion with two crossings. Those crossings were reported in Sampath Bank, where 3 million shares crossed to the tune of Rs 150 million; its shares traded at Rs 53 and NDB 500,000 shares crossed to the tune of Rs 21 million, its shares fetched Rs 42.

In the retail market top seven companies that mainly contributed to the turnover were Commercial Bank, Rs 148 million (2.2 million shares traded), Sampath Bank Rs 131 million (2.4 million shares traded), Melstacorp Rs 69.2 million (1.2 million shares traded), Central Finance Rs 54.6 million (765,000 shares traded), Expolanka Holdings Rs 47.2 million (168,000 shares traded), HNB Rs 41.4 million (376,000 shares traded), HNB Rs 41.4 million (376,000 shares traded) and Softlogic Capital Rs 40.9 million (3.5 million shares traded).During the day 78.4 million share volumes changed hands in 16000 transactions.

It is said high net worth and institutional investor participation was noted in Lanka IOC, Chevron Lubricants and Bukit Darah. Mixed interest was observed in Hatton National Bank, Sampath Bank and JKH, while retail interest was noted in Softlogic Capital, Amana Bank and Access Engineering.

The energy sector was the top contributor to the market turnover (due to Lanka IOC), while the sector index gained 0.62 per cent. The share price of Lanka IOC increased by one rupee to Rs. 199.

The Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Bukit Darah) while the sector index increased by 0.40 per cent. The share price of Bukit Darah gained Rs. 12.50 (3.15 per cent) to Rs. 409.75.

The rupee was offered at Rs 346 at open in the spot market yesterday with no buyers, dealers said, up from the previous close of Rs 353.46/353.50 to the US dollar.

The Central Bank announced a guidance peg of Rs 353.46 to the US dollar Thursday, with a Rs 7.50 variance on either side. The rupee had been under upward pressure after the Central Bank stopped printing money.



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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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