Company filings and market news from across Sri Lanka's stock market.
Market brief
Last 30 days to Aug 4, 2026
Rates dominated as the CBSL kept policy at 8.75% and market yields fell, with bond/T-bill auctions fully subscribed. The rupee hovered near 335-336 as the bank made net FX purchases and intervened. Inflation reached 7.3% on fuel costs, while oil swung and then fell. External balances weakened, with June and H1 current account deficits driven by higher fuel imports.
Hayleys PLC's engineering arm was appointed to deliver Continental's tyre plant expansion at Wagawatta, Kalutara under a turnkey contract signed on 21 July; the project covers civil, structural, PESB, MEP and utilities work and is expected to create about 200 jobs.
Construction Activity
Ada Derana·Aug 4, 2026·M&A / stake change·DFCCPositive
DFCC Bank completed the acquisition of Standard Chartered Bank Sri Lanka's wealth and retail banking business, adding approximately 50,000 customers and colleagues and taking on retail, wealth, SME, cards, lending, deposits and selected operating assets. Customers retain existing Standard Chartered account numbers, cards, PINs and payment arrangements while being migrated to DFCC's digital platforms and branch/relationship arrangements.
The National Chamber of Exporters warns labour shortages are hurting Sri Lanka's export sector and urges urgent action; 143,087 Sri Lankans have left for overseas employment in 2026 so far and the SLBFE aims to secure 250,000 placements this year. Labour force participation is 49.2% and unemployment 3.7%.
Sri Lanka's rupee was quoted at 335.75/80 to the US dollar in the spot market while bond yields were broadly steady (e.g. a 15.12.2029 bond at ~10.95-11.05%). Rs 140,000 million of Treasury bills are to be issued via auction on Aug 5.
Interest RatesRupee & Forex
Ada Derana·Aug 4, 2026·Promotional / marketingPositive
The Export Development Board is intensifying efforts to expand Sri Lanka's graphite industry to boost mineral export revenue, including a field visit to Bogala Graphite Lanka PLC to review mining, processing and value-add operations. The drive aims to enhance market access, R&D and partnerships under the NEDP.
Exporters
Ada Derana·Aug 4, 2026·Award or certification·COMBPositive
Commercial Bank of Ceylon has been ranked the No.1 Sri Lankan bank in The Banker magazine's 2026 Top 1000 World Banks; the bank reported a 12.1% growth in Tier I capital and its 14th appearance on the list.
Colombo Stock Exchange indices ticked up: ASPI rose 0.05% (11.60 pts) to 21,133.38 and the S&P SL20 gained 0.15% to 5,949.05, with market turnover at Rs 64.7m and banks leading turnover (Rs 32.4m). Notable movers included Commercial Bank, LOLC and ACL Plastics (declared interim dividend), while JKH, Central Finance and Browns Investments weighed down the index.
The Institute of Policy Studies (IPS) announced six researchers have won prestigious fully funded scholarships (Commonwealth, ESRC and others) to pursue MSc/PhD studies at universities including Nottingham, Leeds, Lancaster, Guelph, Oxford and UCL, with intakes in 2025-2026.
Nyne Hotels' Stafford Bungalow in Ragala (near Nuwara Eliya) is a restored 1884 colonial retreat on a 50-acre estate offering six ultra-exclusive rooms and a curated tea-focused experiential stay, with guided estate tours, private tastings and access to stages of the Pekoe Trail.
Tourism
Ada Derana·Aug 4, 2026·Award or certification·HHLPositive
Hemas Consumer Brands (Hemas Holdings) honoured long-service distributor partners at its National Sales Awards 2026, recognising their contribution to getting its FMCG products to market and reaffirming the company's commitment to invest in distributor growth and operational support.
DFCC Bank PLC completed its acquisition of Standard Chartered Sri Lanka's retail and wealth business for LKR 3,655 million (plus taxes); the transition was effective Aug 1 and operations went live Aug 3. About 50,000 customers, 260 former SCB employees and six branches were migrated, and the deal was funded from internal capital.
DFCC Bank completed its Rs3.7 billion acquisition of Standard Chartered Bank Sri Lanka's Wealth and Retail business, with live operations beginning Aug 3. The deal brings 50,000 customers, six branches and 260 transferred employees; DFCC shares closed at Rs125.75 (+0.40%).
CIC Holdings (CIC.N0000) reported profit attributable to equity holders of Rs. 1.51 bn in 1QFY27, up 23.24% YoY, with group PAT of Rs. 1.81 bn (+19.69%) on consolidated revenue of Rs. 22.03 bn (+2.74% YoY); total assets exceeded Rs. 100.14 bn.
Ada Derana·Aug 3, 2026·Earnings & results·HBSPositive
hSenid Business Solutions PLC reported Q1 FY2027 revenue of LKR 602.8 million (up 28% YoY) and a net profit of LKR 51.0 million, with recurring revenues at 75% and exit ARR of USD 5.7 million (up 26%). EBITDA excluding forex gains was LKR 81.4 million and management highlighted continued SaaS and AI-led growth execution.
Colombo Stock Exchange will suspend Richard Pieris Securities from all trading activities effective August 14 until further notice for failing to comply with Trading Participant Rules on Key Management Persons. Clients were advised to contact the firm to transfer their securities portfolios.
Fitch affirmed People's Bank's National Long-Term Rating at 'AA-(lka)' with a stable outlook. Fitch cited the bank's financial strength but said heavy sovereign exposure, rising interest rates and higher credit costs will pressure profitability and flagged rising pawning concentration (~19% of gross loans).
The Central Bank of Sri Lanka published its Market Operations Report on 31 July 2026, saying it tightened monetary policy in H1 2026 and short-term interest rates rose. It reported surplus liquidity from net FX purchases and some rupee depreciation pressures, with FX intervention to curb volatility.
Sri Lanka's central bank said the rupee depreciated 7.9% against the US dollar in H1 2026 (from 309.99 to 336.66 USD/LKR) and that it intervened in FX markets, recording net FX purchases of $556m for the half. The central bank also raised the OPR by 100bp to 8.75% on May 26.
Oil prices plunged after US President Trump called off planned strikes on Iran, with WTI at $79.77/bbl (‑5.88%) and Brent at $83.47/bbl (‑5.07%). The drop reflects hopes of de‑escalation, even as OPEC+ approved a ~188,000 bpd September output increase and regional shipping risks persist.
Sri Lanka's rupee was quoted at 335.60/70 to the US dollar on Monday, while government bond yields moved lower (e.g. the 01.08.2030 bond at 11.25-11.30%). Telegraphic transfer dollar rates were 331.25/340.25 and Rs 140,000 million of Treasury bills will be auctioned on Aug 5.
Motor vehicle import expenditure fell 27% M-o-M to $182m in June, the CBSL said, with cumulative vehicle imports of $1.254bn in 1H2026 versus $1.572bn in 2H2025. JB Securities also reported vehicle registrations slid to 58,151 in June from 62,776 in May.
The Central Bank of Sri Lanka has directed all Licensed Finance Companies to strictly comply with its 2026 Loan-to-Value Directions for motor vehicle financing, warning that inflated valuations and bridging finance used to bypass LTV limits risk financial stability.
The Central Bank of Sri Lanka was a net purchaser of $556.3m in 1H 2026 (bought $982.2m, sold $425.9m) and injected about Rs.262.5bn into the domestic money market via FX purchases and swaps to rebuild reserves and curb exchange-rate volatility.