Dividend · Rs 3.75 · XD Jul 1, 2025
Final dividend of LKR 3.75/share; XD 2025-07-01; record 2025-07-01; payable 2025-07-07; FY ended 31st March 2025
Company filings and market news from across Sri Lanka's stock market.
Dividend · Rs 3.75 · XD Jul 1, 2025
Final dividend of LKR 3.75/share; XD 2025-07-01; record 2025-07-01; payable 2025-07-07; FY ended 31st March 2025
Colombo market jumped as the ASPI rose 215 points (1.35%) to 16,131, reclaiming the 16,000 level with turnover of Rs.3.3bn. HNB, COMB, CFIN, SAMP, SPEN and JKH were among the top drivers and foreign investors were net buyers (Rs.25.5m).
Colombo ASPI rose 1.63% to 16,176.10 after a US‑China 90‑day tariff pause and some positive interim/annual results lifted markets. Banking names HNB, Central Finance, Commercial Bank and Sampath led gains while DFCC fell after interim results, Dialog Finance noted fraud-related legal action and coconut exporters slipped.
NCGIL issued its first guarantees to Commercial Bank (COMB), Hatton National Bank (HNB) and Citizens Development Business Finance (CDB) to partly cover MSME loans under a new ADB-funded program (USD 50m), offering guarantees currently up to 67% of principal.
The CSE opened May on a mixed note as turnover hit a new high of Rs. 6 billion while the ASPI rose 52 points to 15,852; crossings in CT Holdings and Cargills dominated activity, together accounting for the bulk of turnover. Banking and food retail stocks, including Pan Asia Banking and Lankem, were also among top contributors.
NCGIL began operations and issued its first guarantees to Commercial Bank, Hatton National Bank and Citizens Development Business Finance to partly cover loans to three MSMEs; the ADB-funded, GOSL-backed vehicle has USD50m funding and offers guarantees up to 67% for term loans (LKR 0.5m–25m).
The SEC, with ADB technical support, released a regulatory framework enabling issuance and trading of Green, Blue, Social and Sustainability‑Linked (GSS+) bonds on the Colombo Stock Exchange, allowing sovereigns and corporates to raise capital for environmental and social projects.
Colombo market ended a four-day winning streak as the ASPI fell 0.4% (67 points) to 15,800 and the S&P SL20 dropped 0.6%. Turnover was Rs.2.37bn; banking, diversified financials and Food & Beverage led declines, and foreign investors were net sellers of Rs.90.6m.
Central Finance Company PLC appointed Arjun Rishya Fernando as Chairman effective 1 May and added two Independent Non-Executive Directors: Subhashini Harshi Munasinghe (from 1 May) and Dr. Nisha Kanthimathie Arunatilake De Silva (from 1 June). Manjula Hiranya de Silva was made Senior Director and Dr. Damitha de Zoysa retired on 1 May.
Colombo market slipped for a third day as the ASPI closed at 15,544 (down ~12 points) while the S&P SL20 rose 0.05%; turnover was Rs.1.09bn, 57% below the monthly average. Food, Beverage & Tobacco led turnover, banking sentiment stayed weak; JKH, SUN, CCS rose while CFIN, DFCC and MELS lagged.
Sri Lanka stocks closed mixed: ASPI fell 0.08% to 15,543.99 while the S&P SL20 rose 0.05% to 4,608.41. Trading was volatile with Lion Brewery, Melstacorp, Central Finance, NTB and DFCC among top decliners, Haycarb and Hayleys Fiber gained and turnover was LKR 1.1bn.
Colombo market ended the week with losses as the ASPI fell 0.6% and the S&P SL20 0.44% on low turnover of Rs. 841.2m and foreign net selling of Rs. 2.1m. Sampath, HNB, DFCC and Melstacorp were top negative contributors, while Commercial Credit, Central Finance, Lanka Milk Foods, Ceylon Cold Stores and Alumex drew buying interest.
Colombo market reopened after Avurudu with the ASPI up 99.68 pts (0.64%) to 15,626 and the S&P SL20 up 29.95 pts, on low turnover of Rs.792.8m; foreigners were net sellers of Rs.50.1m. Top contributors and turnover drivers included CFIN, NDB, CCS, COCR, CTC and HNB.
Sri Lanka's ASPI rose 0.67% (104.32 pts) to 15,630.52 as apparel and export stocks fell while financial stocks gained. Teejay Lanka and Hayleys Fibre slid, while Central Finance, NDB and LOLC Finance were among gainers; several finance names saw high volumes.
ASPI fell 1.7% to 14,876 with the S&P SL20 down 2.4%; turnover was Rs.3 billion and there was a Rs.1 billion net foreign inflow led by John Keells (Rs.665m). Banking names (Sampath, Commercial Bank, Hatton) and Hayleys were among the main laggards while capital goods drove turnover.
Browns, via Udapussellawa Plantations, bought a 37.59% stake (11,276,839 shares at Rs.35) in Tea Smallholder Factories for Rs.395 million, triggering the SEC Takeovers and Mergers Code. Akbar Brothers and Central Finance hold 24.39% and 23% respectively; TSML and UDPL shares rose on the news.
Colombo market closed lower as the ASPI fell 60 points to 15,848 despite net foreign inflows of Rs.133.8m and turnover of Rs.1.6bn (down 23.4% vs monthly average). Banking-led turnover (HNBN top at Rs.297m) saw HNB, CINS, JKH, DFCC and CFIN drag the market while CCS and Richard Pieris attracted buying.
Colombo Stock Exchange closed down as the ASPI fell 0.38% to 15,847.80 and the S&P SL20 fell 0.33% to 4,741.90, with turnover of 1.6 billion. Top negative contributors included Ceylinco Holdings, Hatton National Bank, DFCC Bank and Central Finance Company.
Sri Lanka's ASPI rose 1.67% to 15,662.85, led by a banking-sector bounce that also lifted the S&P SL20 up 2.14% to 4,703.54. Turnover jumped to 3.67 billion rupees; top contributors included Commercial Bank, HNB, John Keells, Sampath Bank and DFCC, while Sierra Cables had the largest turnover.
Colombo market closed higher — ASPI +12 points, S&P SL20 +19 with turnover of Rs.1.25bn. Major contributors included Commercial Bank, HNB, Melstacorp, NDB and Sampath while John Keells, Hemas, Browns, LOLC and Ceylon Cold Stores were among laggards; foreigners were net buyers of Rs.14.2m.
The ASPI fell 1.6% (255 points) as selling continued with banking and blue-chip stocks leading declines; turnover was Rs. 1.7bn (below the monthly average) and foreign investors were net sellers of Rs. 50.5m.
Central Finance Company PLC was ranked first in Category 1 (asset base > Rs.100 billion) in K Seeds Investments' Q3 2024/25 ranking of 27 listed finance companies. The report cites sector-wide improvements from better liquidity, falling NPLs and a stable interest-rate environment.
Colombo market opened lower as the ASPI fell 0.71% (115 points) and the S&P SL20 dropped 0.69% amid low turnover of Rs. 824.6 million, with banks and blue-chip counters leading the decline.
ASPI fell 43 pts (0.27%) to 16,123 as turnover dropped to Rs.2.36bn. CTC, MELS, CCS and BIL were notable negatives while HAYL, SEYB, HHL and CARS led gains; John Keells dominated turnover and its share rose 10c.
ASPI rose 48 points (0.3%) to 16,479 on low turnover of Rs. 1.7 billion, led by gains in the banking sector. HNB, Commercial Bank and Sampath were top positive contributors (with CTC and LLUB also supportive) while CFIN, JKH and DFCC exerted downward pressure; banks accounted for 45% of turnover.
Sri Lanka's ASPI closed up 0.72% as renewed buying interest lifted the market, led by financials and with tourism stocks in focus; turnover was Rs 1.6 billion and there was a net foreign outflow of Rs 123 million.
Experts at a CMA seminar said Budget 2025 has strengths but flagged practical concerns and tax risks, including taxing foreign service income at 15%, raising capital gains tax to 15%, and replacing SVAT with a risk-based refund; speakers urged focus on debt sustainability and SME support.
Colombo Stock Exchange fell 1.20% (ASPI down 202.38 pts to 16,686.93) as banking-sector selling weighed on the market and turnover slid to 2.1 billion rupees with share volume down 45%. Top negatives included HNB, NDB, Commercial Bank, Central Finance and DFCC; Access Engineering’s subsidiary signed a PPA with the CEB.