Company filings and market news from across Sri Lanka's stock market.
Colombo market sustained an all-time high as the ASPI closed at 17,500.24, up 105.79 points (+0.61%) with turnover Rs.2.85bn and net foreign outflow of Rs.19.3m. Banking-led activity and retail buying drove gains, with Hayleys Fabric, Ceylinco, Ceylon Cold Stores, HNB and Ceylon Tobacco among top drivers.
Alumex PLC has appointed Dushan Waduwavala as an Executive Director; he is currently General Manager – International Business Development (Sales & Marketing) at the company and holds 1,422 shares.
Colombo Stock Exchange closed higher in a shortened session, with the ASPI up 45 points to 15,962 (S&P SL20 +0.22%). Turnover was about Rs.1.48–1.5 billion and foreign investors net sold Rs.177.3 million; key contributors included MELS, WIND, SPEN, SAMP and heavy turnover in CTC, BIL and KOTA.
Alumex PLC signed a Memorandum of Understanding with the Institute of Supply and Materials Management to collaborate on supply chain training, internships and industry-academic programmes. ISMM will grant Alumex institutional membership while Alumex will provide priority access for students, field visits and preferential training.
The ASPI gained 72 points (+0.5%) to 15,616 as the Colombo market bounced back, led by the capital goods sector. Turnover was about Rs.1.5 billion with net foreign inflows of Rs.35.2m; notable movers included Hemas, John Keells, Browns, Alumex and DFCC.
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.
Sri Lanka's ASPI fell 0.28% to 15,538.64 after a 90-day pause on US "Liberation day" tariffs sparked market uncertainty and softer volumes. Banks led losses and top negative contributors included Sampath, NDB and Malwatte (down 11.4%), while CIC and Alumex saw small gains.
Dividend · Rs 0.40 · XD Apr 8, 2025
First Interim dividend of LKR 0.4/share; XD 2025-04-08; record 2025-04-08; payable 2025-04-23; FY 2024/25
Alumex PLC won the Best National Industry Brand (Metal, Die, Mold, Machinery Tools & Allied Industry — Large-Scale) award at the 2024 National Industry Brand Excellence (NIBE) Awards, recognised by the Ministry of Industry and IDB for its leadership in aluminium extrusion and architectural solutions.
Alumex PLC was named Best National Industry Brand (Metal, Die, Mold, Machinery Tools & Allied Industry — Large-Scale) at the 2024 National Industry Brand Excellence Awards, recognised by the Ministry of Industry & Entrepreneurship Development and the Industrial Development Board.
The ASPI rose 1.87% (about 296 pts) to 16,167 as the Colombo market staged a strong rebound and turnover doubled to Rs.5.18bn. The Banking sector led gains (Hatton, Nations Trust, National Development Bank, Sampath among top contributors) while capital goods and select stocks also saw heavy activity.
CIOB will hold Construction Expo 2025 from 14–16 March at BMICH Colombo, showcasing construction technologies and sustainable solutions. Major supporters include St. Anthony’s Ventures (main sponsor), Tokyo Cement Group, Alumex PLC and Hayleys Fentons Ltd.
Colombo market turned bearish as the ASPI slipped 2 points to 17,115 on turnover of Rs.7.34bn and a net foreign outflow of Rs.2.2bn led by JKH; capital goods led turnover while NDB, COOP, AEL and Sierra Cables rose and Browns, Royal Ceramics, Melstacorp, LOLC and Hayleys lagged.
Alumex PLC unveiled the 'Capral Aluminium Urban Range' and secured exclusive rights to manufacture and market Capral’s aluminium products in Sri Lanka. The partnership includes technology transfer and training to boost local fabrication quality, reduce import reliance and target the construction and design market.
Colombo market rose with the ASPI up 0.8% on turnover of Rs. 6 billion, led by heavy trading in John Keells, Lanka IOC, HNB, Alumex and Browns and a net foreign outflow of Rs. 492.4 million. JKH fell to Rs. 23.10, HNB rose to Rs. 350.25, LIOC to Rs. 142.25, Alumex to Rs. 15.90 and Browns to Rs. 8.50.
Sri Lanka's ASPI rose 0.75% to 17,044.67, led by gains in capital goods and power/energy with top contributors including Lanka IOC, Melstacorp and Bukit Darah. Turnover was 5.9 billion rupees, with a net domestic inflow of 492 million and a net foreign outflow of 492 million rupees.
Colombo bourse ended the week higher (ASPI +2.1% for the week; ASPI +0.26 yesterday, S&P SL20 +0.28) with turnover yesterday at Rs.5.4bn and a net foreign outflow of Rs.221.5m. Banking and capital-goods/construction stocks led turnover, with top contributors including Dialog, DFCC, Dipped Products, Hemas and Commercial Bank.
Alumex PLC won the Bronze Award for 'Export Brand of the Year 2024' at the SLIM Brand Excellence Awards, its first recognition in the category, highlighting the company's export growth and leadership in aluminum extrusions.
Alumex PLC has appointed ex-banker Jonathan Alles as an Independent Non-Executive Director. Alles is the former MD/CEO of Hatton National Bank and currently sits on the boards of Hayleys, Singer, United Motors, Ceylon Beverage Holdings and Lion Brewery.
Colombo market closed with the ASPI up 0.27% at 14,654.26 while the S&P SL20 fell 0.32% to 4,390.12 as profit-taking in banking stocks weighed on the SL20. Top gainers included Ceylon Cold Stores, PGP Glass, John Keells, Dipped Products and Lanka IOC; net foreign outflow was Rs 1.4 million.
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.
Hayleys PLC won the Cyril Gardiner Memorial Trophy for Overall Excellence in Corporate Reporting at the TAGS Awards 2024 for the third consecutive year. The Group won 20 awards (13 Gold), with sector wins for Alumex, Haycarb, Horana Plantations, Kelani Valley Plantations and Singer Finance.
Colombo stock market extended its bull run as the ASPI rose about 4% for the week (closing at 14,205) on high turnover (avg Rs.5.66bn), led by heavy trading and price gains in Hemas, HNB, Lanka Milk Foods, John Keells and Alumex.
Dr. T. Senthilverl sold his 6% stake in Alumex PLC for Rs. 408 million. Buyers included Rayynor Silva, Aravinda de Silva and Ajith Devasurendra; Senthilverl also increased stakes in Agarapatana (over 10%) and Kotagala (5%) and exited a 10% stake in Asia Asset Finance.
Colombo Stock Exchange ASPI hit a record high, closing at 14,205.34 after rising 169.53 points. The S&P SL20 rose 57.99 to 4,244.45 on turnover of Rs. 6.14 billion, with top contributors including Hemas, Hatton National Bank, Lanka Milk Foods, John Keells and Alumex.
Colombo Stock Exchange closed higher: ASPI rose 1.21% to 14,205 and the S&P SL20 gained 1.39% to 4,244. Top contributors included Ceylinco Holdings, Melstacorp, HNB, Central Finance and Sampath; turnover was 6.1 billion with a foreign net inflow of 126 million rupees.
Alumex PLC launched its 'Elevate' ESG roadmap on 3 Dec 2024, targeting a 25% reduction in GHG intensity, 30% reduction in water consumption intensity, 50% supplier social/environmental screening and an 85% customer satisfaction goal.