Company filings and market news from across Sri Lanka's stock market.
Colombo bourse hit a new high as the ASPI closed at 19,044, up roughly 70–77 points while the S&P SL20 fell about 8 points; turnover was around Rs.5.3–5.4bn and net foreign outflow stood at Rs.121.4m.
Colombo stocks closed marginally down, with the ASPI falling 0.23% to 18,100 and the S&P SL20 down 0.22% to 5,347. Seylan Bank received in-principle CSE approval for a Rs15bn Basel III debenture issue, and Tal Lanka Hotels listed 32,228,524 ordinary voting shares after a private placement.
The Colombo Bourse rebounded on Friday with the ASPI and S&P SL20 up 1.6% (ASPI closed at 17,088) though the ASPI fell 1.8% for the week. Banking led turnover (28%) and sector gains, with Ceylinco, Sampath, Hayleys, Commercial Bank, Panasian Power and East West among top contributors; foreigners were net sellers (Rs.42.3m).
Manisha Exports MD Nishani Fernando represented Sri Lanka at the EY Entrepreneurial Winning Women 2025 Asia-Pacific conference in Jakarta. Prime Lands Residencies Executive Chairperson Sandamini Perera attended the event as an alumna (Class of 2024).
Colombo market fell as the ASPI closed down 0.45% (78 pts) at 17,281 while turnover rose to Rs.6.8bn led by crossings in Hayleys, Commercial Bank, Sampath Bank, L B Finance and John Keells. Foreign investors were net sellers with a Rs.115.7m outflow.
Prime Lands Residencies PLC was named 'Developer of the Year – Sri Lanka' at the Real Estate Asia Awards 2025 held in Singapore on 5 June 2025, recognising its developments, innovation and sustainability in the region.
Colombo market closed the week higher as the ASPI rose 39 points to 16,855, led by gains in HAYL, CALH, COMB, NDB and RIL; total turnover was Rs. 5.2 billion and foreign investors recorded a net outflow of Rs. 441.6 million.
Dividend · Rs 0.60 · XD Jun 9, 2025
Dividend of LKR 0.6/share; XD 2025-06-09; record 2025-06-10; payable 2025-06-27; FY 2025
Colombo market gained further momentum as the ASPI rose 1.15% (183.5 pts) with turnover of Rs. 4.5 billion led by heavy trading in John Keells, Lanka Realty, Commercial Bank, LOLC Holdings and Sampath Bank. Separately, Lanka IOC announced a first and final dividend of Rs. 5 per share.
Colombo market ended the session marginally down with the ASPI falling 10 points to 15,916 while both ASPI and S&P SL20 gained 0.4% for the week; turnover was about Rs.1.5–1.54 billion and Materials led activity. Ceylon Grain Elevators (GRAN) rose 6.06% and HNB gained, while HHL, TJL, SPEN and RCL pressured the index; ACME closed flat.
The ASPI fell 120 points (0.75%) to 15,842 as investors reacted to the ruling NPP's weaker-than-expected LG poll showing, with turnover of Rs. 3.2bn. Major drags included JKH, CINS, COMB, SPEN and SAMP while Food, Beverage & Tobacco led turnover (61%).
A 90-day US tariff pause lifted the Colombo market: ASPI +4.74% and S&P SL20 +6.7%, boosting market capitalisation by about Rs.221bn to Rs.5.549tn on Rs.7bn turnover, led by heavy trading in Sampath Bank, John Keells, Commercial Bank and RIL Property.
Prime Lands Residencies PLC appointed Senior Professor Sampath Amaratunge as an Independent Non-Executive Director, effective immediately. He brings extensive economics, governance and corporate strategy experience, including senior university roles and the Order of the Rising Sun award.
Millennium Housing Developers PLC sold 18.5 acres in Homagama to Prime Lands Ltd for Rs. 440 million via its fully owned subsidiary Millennium Housing Ltd.
Prime Lands Residencies PLC has secured BOI approval to expand the Colombo Border project with a USD 65 million investment. The development will include three towers with 484 luxury apartments, an innovative 1%/month payment plan and is expected to create over 3,000 direct and indirect jobs.
ASPI fell 0.15% (24 pts) to 15,855 as profit-taking continued, with turnover Rs.4.56bn and net foreign outflow of Rs.48.3m. Banks and diversified financials led turnover (22% and 38% combined), with HNB, CFIN, HHL, Browns Investments and John Keells among notable movers.
Prime Lands Residencies PLC won the Gold Award in the Land and Property Companies sector at the TAGS Awards 2024. The award, up from a Silver last year, highlights its corporate reporting and digital reporting practices and follows continued FY2023-24 growth with projects including The 43, By the Sea and The Seasons.
Hayleys PLC won the Gold for Overall Excellence in Corporate Reporting at CA Sri Lanka’s TAGS Awards 2024; Diesel & Motor Engineering PLC took Silver and Commercial Bank of Ceylon PLC featured among top winners. Multiple shortlisted firms (e.g., DIMO, COMB, LFIN, SFIN, CCS, HAYC, SLTL, LGL, FCT) received sector awards.
Prime Lands Residencies PLC (PLR.N0000) awarded Sanken Construction the Brielle Tower contract for its Colombo Border residential development; piling is complete, superstructure work is underway and the project targets 2027 delivery.
DFCC Bank (DFCC.N0000) signed an MOU with Prime Lands Residencies PLC (PLR.N0000) to offer home loans for 'The Palace' with rates from 12% p.a., flexible repayment and up to a 3-year grace period. Borrowers pay 10% of principal during the grace period and may repay 50% as a residual final instalment.
Colombo Stock Exchange opened November with Rs.5.0 billion turnover as ASPI rose 0.7% to 12,864. Diversified financials led turnover (52%) and an off-board crossing saw CDB's 12.7% stake trade at Rs.247.50; several banks and mid/small caps (HNB, PABC, DFCC) saw heavy activity or gains.
Colombo stock market turnover hit an 8-month high of Rs. 7 billion, led by Harischandra Mills (Rs.1bn), NDB (Rs.663m), Hayleys (Rs.534m), DFCC (Rs.340m) and PABC (Rs.339m); off-board trades transferred 13.9% of Harischandra and 10.7% of Swadeshi.
Prime Lands Residencies PLC celebrated the groundbreaking of 'The Seasons Colombo 8', an ultra-luxury boutique development of 44 residences (~2,000 sq ft each) in Colombo 08, marking the commencement of construction.