News & market updates

Hayleys Electronics (part of Hayleys PLC) opened a flagship Smart Hub in Nugegoda to centralise its solar, smart lighting, air-conditioning and industrial infrastructure solutions, intended to accelerate delivery and expand its energy and engineering services.

Colombo market closed a healthy week: ASPI +2.3%, S&P SL20 +3.1%, average daily turnover Rs.9.88bn and net foreign inflow Rs.373.9m. Key contributors included Central Finance, Hayleys, John Keells, Sampath and Singer; John Keells rose to Rs.25.50 while HNB fell to Rs.358.50 and Seylan (non-voting) rose to Rs.66.30.

Colombo ASPI rose 0.51% to 18,973 after US-Sri Lanka tariff talks were reported to resume, with Central Finance, Hayleys, John Keells and Sampath Bank leading gains. The Finance Ministry said discussions aim to reduce a 30% tariff rate and seek duty-free access for over 800 items to the US.

Colombo ASPI fell 0.32% to 18,884 on profit-taking while turnover rose to 17 billion rupees, boosted by a crossing in Hatton National Bank non-voting shares. HNB shares declined (non-voting to 286.50), and John Keells, Hayleys, Central Finance, Melstacorp and Royal Ceramics also traded lower.

ASPI gained about 108 points to 18,946 on Rs. 9.1 billion turnover, led by the Capital Goods sector; John Keells, Commercial Bank, Access Engineering, Hayleys and LOLC were top contributors and banking names including HNB and Sampath also recorded gains.

Sri Lanka's ASPI rose 0.57% to a record 18,946, with the S&P SL20 up 1.28% to 5,700.54. Gains were led by diversified, financial and consumer shares amid lower interest-rate expectations and ongoing talks to reduce US tariffs on Sri Lankan exports.

Sri Lanka's ASPI rose to 18,838, up 1.60% (297.13 pts), led by gains in John Keells, Sampath Bank, HNB, Melstacorp and Commercial Bank despite a US 30% tariff announcement. Turnover rose to 9.49 billion rupees and exporters were mixed, with Teejay down and Haycarb higher.

Colombo ASPI rose 2.09% to a record 18,541.26 after US tariffs on Sri Lanka were cut to 30% (down 14%), boosting investor confidence and lifting several banks and exporters; Sampath, HNB, John Keells, Commercial Bank, DFCC, Teejay and Hayleys gained while Haycarb fell.

Hayleys Electronics unveiled its 2025 product portfolio and new tagline 'Trust Beyond a Warranty', expanding offerings in solar, lighting (including Opple), air-conditioning and switchgear through partnerships with global suppliers.

Commercial Bank of Ceylon and Hayleys Agriculture have partnered to offer customised Agri Leases and Diribala Green Development Loans to farmers buying Hayleys agricultural machinery. The facilities provide preferential rates, flexible repayments tied to cropping cycles and faster processing to promote mechanisation and productivity.

Sri Lanka-Greater Mekong Business Council hosted a Members’ Networking Evening at Port City on 13 June focusing on investment opportunities, export facilitation and digital transformation; Hayleys Advantis Group was a bronze sponsor and several firms were e-banner sponsors.

ASPI fell 0.23% (41 points) to 18,000 as profit-taking weighed on the Colombo market, led by declines in HAYL, CTHR, DOCK, GRAN and SAMP. Turnover was Rs.5.6bn with capital goods (notably JKH, AEL) and banking among top contributors; foreign investors were net sellers of Rs.48.3m.

Australia’s Market Development Facility screened a documentary and held a June 27 event to showcase the revival of Sri Lanka’s specialty coffee, supporting 2,407 smallholder farmers and generating LKR 280,202,502 in partner revenue. The forum included industry and government stakeholders (including Kahawatte, Horana and Hayleys) and highlighted export and investment opportunities ahead of the Sri Lanka Coffee Festival.

The Sri Lanka – Greater Mekong Business Council hosted a members' networking evening at Port City on 13 June 2025 focusing on investment opportunities, export facilitation and digital transformation; Hayleys Advantis Group was a bronze sponsor.

Krishan Balendra, Chairperson of John Keells Holdings, was elected Chairperson of the Ceylon Chamber of Commerce at its 186th AGM. He urged preserving reform momentum — including Digital ID, a National Single Window, Customs modernisation and a National Tourism Destination Marketing Plan — to sustain recovery.

Krishan Balendra, head of John Keells Holdings, was elected chairman of the Ceylon Chamber of Commerce at its AGM on June 26. Supun Weerasinghe (Dialog) was named vice chairman and the board includes executives from Hayleys and Renuka Hotels.

Krishan Balendra, Chairperson of John Keells Holdings, was elected Chairperson of The Ceylon Chamber at its 186th AGM. He called for continued reforms — including Digital ID, a National Single Window, customs modernization and a National Tourism Destination Marketing Plan — to sustain recovery.

Colombo market rebounded after a ceasefire between Israel and Iran, with the ASPI up 2.5% (426 pts) and turnover Rs.5.2bn. Banking stocks and conglomerates led gains, with JKH, COMB, PABC and CFIN among the top contributors.

Colombo Stock Exchange jumped 2.54% after President Trump announced an Iran-Israel ceasefire, with the ASPI up 425.80 points to 17,191.20 and the S&P SL20 up 2.86% to 5,133. The rise was led by gains in Commercial Bank, John Keells, Melstacorp, Hayleys and LOLC, with turnover at 5.2 billion.

Colombo market lost Rs. 117 billion as the ASPI fell 1.9% (S&P SL20 -2.1%) amid Middle East tensions, with turnover Rs. 2.5 billion led by HNB, SAMP and EAST. Broad-based declines hit banking and capital goods counters, while foreign net inflows were small.

Sri Lanka stocks fell 1.89% as Iran threatened to close the Strait of Hormuz, with the ASPI down 322.55 points to 16,765 and the S&P SL20 down 2.02% to 4,991. Banks and major conglomerates — Sampath Bank, Commercial Bank, John Keells, Melstacorp and Hayleys — weighed on the index amid fears of higher crude prices.

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).

Sri Lanka stocks recovered, ASPI rose 1.60% (269.74 pts) to 17,087.95, led by gains in Ceylinco Holdings, Sampath Bank, Hayleys, Hatton National Bank and Commercial Bank. Turnover was 2.5 billion rupees with 98,864,903 shares traded as regional volatility, gold moves and US rate outlook influenced markets.

Colombo market turned more bearish as the ASPI fell 1.22% (S&P SL20 down 1.11%) on turnover of Rs. 3.9bn, with HAYL, CTHR, SAMP, DFCC and HNB exerting selling pressure; JKH, L B Finance and CTC also recorded price declines.

Around nine investors have shown initial interest in the 100MW Mullikulam BOO wind farm in Mannar. Hayleys group was recently awarded a 50MW plant at Mannar at 4.65 US cents/unit; the CEB site has been opened for private 50 x 2 projects and the bid deadline was extended.

Colombo Stock Exchange slid 1.22% as Israel‑Iran tensions intensified, with the ASPI down 210.51 pts to 17,071.44; Hayleys, C T Holdings, Sampath Bank, DFCC Bank and HNB posted notable declines. Turnover fell to 3.8 billion rupees from 6.8 billion rupees.

Rotary District 3220 completed more than LKR 1 billion of projects this year, including planting 30,000 trees in partnership with Hayleys. The district also grew membership by 13%, launched five new clubs and reached 70% of a Rs.200 million fundraising target for congenital heart disease treatment.

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.

Hayleys PLC's industrial arm Hayleys Aventura opened a new Weighing Solutions Centre in Polonnaruwa to provide sales, service and certified calibration for weighing equipment serving agriculture, manufacturing, logistics and retail. The centre offers products from Avery, CAS and AND plus after-sales support.

ASPI fell 0.4% and the S&P SL20 fell 0.7% as Colombo stocks extended losses amid heightened Israel‑Iran tensions. Turnover was Rs.3.15bn; top negative contributors included HNB, COMB, LOLC, HAYL and CTC, while CDB, Hemas, LVL Energy Fund and Lanka IOC saw notable buying/turnover.