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6 days ago | 
island.lk | Thilina Walpola |Hiran H.Senewiratne
The CSE yesterday started off at a slow pace but later began to move in a positive direction due the oversubscription of an IPO launched by leading investment bank, Capital Alliance, market analysts said. It is said that Capital Alliance issued 157.5 million shares at Rs 10 per share to raise 1.6 billion for the purpose of expanding its operations overseas and enhancing existing local operations.
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1 week ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
CSE trading turned red within the first half hour of market open yesterday, as local government election results showed that the ruling party had no clear majority. Besides, India reportedly made multiple missile strikes on Pakistani targets, which it said was linked to the killing of tourists in Indian-administered Kashmir. The All Share Price Index went down by 111 points, while the S and P SL20 declined by 34 points. Turnover stood at Rs 3.2 billion with six crossings.
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2 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
Hayleys PLC, one of Sri Lanka’s foremost diversified conglomerates, has announced its plans to raise up to Rs. 7 billion through a debenture issue, marking one of the largest corporate debt offerings scheduled for Q2 2025. This strategic initiative has received in-principle approval from the Colombo Stock Exchange. At the core of this transaction, HNB Investment Bank (HNBIB) plays a leading role as Joint Placement Agent to the issue, alongside Commercial Bank of Ceylon PLC.
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2 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
The government’s completion of the staff level agreement recently with the IMF and the slight easing of global trade war tensions pushed the CSE to green territory yesterday. The IMF ordered that electricity reforms be implemented as part of the recommendations that will qualify the country for the next tranche of financial relief, market analysts said. Amid those developments both indices moved upwards. The All Share Price Index went up by 69.9 points, while the S and P SL20 rose by 27.2 points.
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2 weeks ago | 
island.lk | Thilina Walpola |Hiran H.Senewiratne
The stock market yesterday was active and positive following President Anura Kumara Dissanayake’s positive announcement to the effect that initial discussions with the US authorities on the reciprocal tariff on US imports were fruitful. This gave an impetus to the market yesterday, market analysts said. Amid those developments the market performance was bullish and investor sentiment improved significantly.
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3 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
The trade war situation owing to the US’ reciprocal tariffs on many countries, including Sri Lanka, continued to create some global economic uncertainty. This resulted in volatile situations for local and foreign investors in the stock market yesterday, analysts said. Amid those developments the CSE started on a positive note but due to acute profit- takings a mixed reaction was seen in the market. The All Share Price Index went down by 11.9 points, while the S and P SL20 rose by 18.8 points.
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3 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
Dialog Enterprise, the ICT corporate solutions arm of Dialog Axiata PLC, has partnered with the National Chamber of Exporters of Sri Lanka (NCE) as the official Digital Technology Partner to empower Sri Lankan exporters with cutting-edge digital solutions and Technology expertise. This collaboration aims to equip exporters with advanced technology-driven capabilities to enhance efficiency, drive innovation, and improve competitiveness in global markets.
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3 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
By Hiran H.SenewiratneCSE trading kicked off on a slightly positive note yesterday but later slowed down due to hesitancy on the part of local and foreign investors to take firm decisions on account of the international economic situation continuing to be confused in the wake of the US-induced tariff war and attendant factors. The All Share Price Index went down by 16.96 points, while the S and P SL20 went down by 1.17 points. Turnover stood at Rs 1.17 billion with one crossing.
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1 month ago | 
island.lk | Thilina Walpola |Hiran H.Senewiratne
The CSE’s local and foreign investors’ worries continued yesterday due to the escalating trade war between the US and Chinese governments. This resulted in the CSE performing in a negative manner. However, the 90-day suspension of the new high reciprocal tariff by the United States enabled the Colombo stock market to boost its value by over Rs. 200 billion as investors reverted to buying mode. Amid those developments both indices moved downwards.
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1 month ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
In a bid to address mounting trade tensions, the Sri Lankan government has intensified efforts to reduce its significant trade deficit with the United States, Deputy Minister of Economic Development Dr. Anil Jayantha Fernando announced in parliament yesterday. He added that President Anura Kumara Dissanayake has despatched a formal letter to President Trump urging, among other things, a re-assessment of the recent enhanced tariff regime imposed on Sri Lanka.
