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1 week ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
The year under review has been a pivotal one for the Group, marked by bold investments coming to fruition with the successful launch of two of the Group’s most ambitious and largest investments to date – City of Dreams Sri Lanka and the West Container Terminal (WCT-1) at the Port of Colombo. These landmark developments represent transformative opportunities, poised to serve as catalysts for economic growth, reinforcing Sri Lanka’s position as a logistics and leisure hub in the region.
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1 week ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
One of Sri Lanka’s fastest growing finance companies, Mahindra Ideal Finance Limited (MIFL), posted robust top and bottom-line performance for the financial year ended 31 March 2025. Backed by strong demand across its lending segments and disciplined cost management initiatives, the Company posted a Profit after tax (PAT) of Rs. 146 million in FY25, an increase of 41% over FY24.
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1 week ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
CSE activities were marginally up yesterday but were nowhere near bullish because local and foreign investors are continuing to be concerned about the possible fallout from the IMF recommendation on hiking electricity tariffs. Besides there are no positive macroeconomic trends that would enable the stock market to move forward, market analysts said. Amid those developments both indices moved upwards marginally with a satisfactory turnover level.
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2 weeks ago | 
island.lk | Thilina Walpola |Hiran H.Senewiratne
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.
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2 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
During the day the CSE witnessed profit- takings in blue chip counters, especially banking sector ones, as most local and foreign investors remained cautious on account of current developments in the macroeconomic area, market analysts said. Amid those developments both indices moved downwards. The All Share Price Index went down by 43.7 points, while the S and P SL20 declined by 14.80 points. Turnover stood at Rs 1.5 billion with five crossings.
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2 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
In a milestone celebration that blended legacy with ambition, ESOFT Metro Campus commemorated its 25th anniversary last Thursday at the Shangri-La, Colombo, while launching what was described by some as “a bold new chapter for Sri Lankan higher education”: the unveiling of ESOFT Uni (ESU).
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1 month 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 month 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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1 month 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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1 month 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.
