Daily Market Snapshot

Colombo Bourse Slips as Selling Pressure Persists, Foreign Outflows Continue

ASPI and S&P SL20 close lower amid broad selling as foreign outflows continue; rupee edges up against dollar.

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Business

Industrial Asphalts stake sale to Arcasia, ATX

Industrial Asphalts stake sale has resulted in a change of control after Sri Lanka’s Industrial Asphalts (Ceylon) PLC transferred a 48.03% shareholding to.

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Business

TAL Lanka Hotels Rights Issue to Raise Rs. 1.87bn

TAL Lanka Hotels Rights Issue will raise Rs. 1.87 billion to strengthen the company’s financial position, reduce borrowings, and finance refurbishment work at.

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Business

hSenid ESOP Proposes New 3.6 Million Share Scheme

hSenid ESOP will cover 3.62 million ordinary shares under a proposed new employee share option scheme, as hSenid Business Solutions PLC moves to.

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Stock Market

The Role of Equity Insurance in Enhancing Investor Confidence and Sustainable Stock Market Development

The Role of Equity Insurance in Enhancing Investor Confidence and Sustainable Stock Market Development is gaining attention as financial experts explore innovative ways.

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Energy

Windforce announces commissioning of 389 KWp project

Windforce announces commissioning of 389 KWp off-grid solar power project in Zanzibar, marking another milestone in the Sri Lankan renewable energy company’s international.

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Stock Market

Colombo Bourse Falls 147 Points as Geopolitical Uncertainty Triggers Broad Selloff

The ASPI and S&P SL20 both declined sharply on June 30 as renewed geopolitical concerns drove selling across blue-chip counters, while foreign investors.

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Stock Market

Colombo Bourse Surges as ASPI Gains 198 Points and Turnover Returns to Monthly Average

The Colombo Stock Exchange staged a sharp recovery on June 25, reversing two consecutive sessions of losses as retail participation picked up and.

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Stock Market

Foreign Investors Exit Colombo Bourse for LKR 131 Million as DIAL Absorbs Nine in Ten Rupees of Net Selling

Foreign net outflows on June 24 were heavily concentrated in a single telecom counter, pushing the month-to-date figure to LKR 1.1 billion as.

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