Hela Apparel Holdings PLC has successfully raised Rs. 1,596,826,135 through its recent rights issue, marking a significant step in the company’s financial strategy. The issue offered 319,365,227 Ordinary Voting Shares to existing shareholders on a proportional basis and was oversubscribed, showing strong backing from shareholders, including the company’s top three stakeholders. The funds raised will
On Tuesday, the Sri Lankan rupee traded slightly stronger at 293.30/50 against the US dollar, compared to 293.50/80 from the previous day. Bond yields also saw an upward movement, according to market dealers. An auction for 97 billion rupees worth of Treasury bills was ongoing, reflecting active government borrowing. Key bond yield updates include: In
The Colombo Stock Exchange (CSE) saw a modest positive close yesterday, supported by a late-day rally in an otherwise volatile session. The benchmark All Share Price Index (ASPI) increased by 12 points, while the more active S&P SL20 rose by 7 points. Total turnover reached Rs. 1.6 billion, involving the trading of 61 million shares.
Sri Lanka’s rupee opened flat at 293.05/15 to the US dollar on Thursday, unchanged from the previous day’s rate of 293.00/20, while bond yields remained steady, according to dealers. A bond maturing on December 15, 2027, was quoted at 11.45/50 percent, slightly up from 11.40/55 percent the previous day. Similarly, a bond maturing on February
Sri Lanka’s rupee opened at 293.40/50 against the US dollar on Tuesday, maintaining a flat position from the previous day’s close of 293.45/55, according to dealers. Bond yields also showed little change during the session. For bonds, a bond maturing on 15.12.2027 was quoted at 11.45/60 percent, slightly down from 11.50/60 percent. Meanwhile, a bond
Sri Lanka’s rupee opened stronger on Monday at 293.75/294.25 to the US dollar, compared to 294.00/35 the previous day, while bond yields remained broadly steady, according to dealers. The bond maturing on December 15, 2027, was quoted at 11.45/55 percent, a decrease from the previous 10.50/60 percent. The bond maturing on February 15, 2028, was
The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) reached a significant milestone last week, crossing the 12,000 mark for the first time since July 3. The ASPI increased by 123.50 points, closing at 12,053.49. Additionally, the market turnover for the day was recorded at Rs. 2.8 billion, highlighting positive activity in
Shares of Digital Mobility Solutions Lanka Ltd, trading under the code PKME-N-0000, officially commenced on the Colombo Stock Exchange (CSE) on October 3, 2024, highlighted by a special Bell Ringing Ceremony. The company’s shares are now listed on the Main Board of the CSE in the ‘Passenger Ground Transportation’ sector. The Offer for Sale, comprising
On Thursday, the Sri Lankan rupee opened weaker at 296.60/297.20 to the US dollar, compared to 296.40/80 the previous day, according to dealers. Bond yields also saw an uptick. A bond maturing on 15th December 2027 was quoted at 11.35/50 percent, up from 11.15/30 percent. Meanwhile, a bond maturing on 15th February 2028 was quoted
Colombo Stock Exchange Celebrates Graduation of Advanced Diploma in Financial Markets Students The Colombo Stock Exchange (CSE) held a ceremony on September 30, 2024, at the Courtyard by Marriott’s Grand Sapphire Hall to honor the achievements of the seventh and eighth batches of students from the Advanced Diploma in Financial Markets (ADFM). This event underscores