Company filings and market news from across Sri Lanka's stock market.
Colombo's ASPI fell 1.7% this week while turnover hit a 65-week low of about Rs. 722.64 million; top drags on the index included John Keells (JKH), PKME and NDB. Banking led turnover (notably Sampath Bank) and activity was concentrated in capital goods, food & beverage and energy names.
Colombo market fell to a three-month low as the ASPI slipped 0.50% (107.39 pts) to 21,424.99 and the S&P SL20 dropped 0.37% (22.04 pts) to 6,000.15. Foreign investors were net sellers of Rs.126.9m; main negative contributors included Carson, Melstacorp, Vallibel One and John Keells, while Lanka IOC, Ceylon Cold Stores and Dipped Products led turnover.
Lanka IOC PLC held its 24th AGM on 09 July 2026 where shareholders approved the audited financial statements for the year ended 31 March 2026 and declared a dividend. The board highlighted strategic priorities including digital transformation, retail network expansion, growth in lubricants/petrochemicals, and pursuit of EV charging and renewable energy projects.
Colombo market fell for an eighth session as ASPI dropped 0.60% (130.78 pts) to 21,697.72 amid renewed Middle East tensions, with turnover over Rs.1.4bn and foreign net outflow of Rs.91.7m. Declines were led by Commercial Bank, Melstacorp, Hayleys and John Keells, while capital goods, food & beverage and banking drove turnover.
Sri Lanka's ASPI fell 0.60% to 21,697.72 as markets slowed amid escalation in the Middle East and global instability. Seylan Bank, Lanka IOC and Malwatte Valley Plantations were among gainers while Commercial Bank, Melstacorp, Lion Brewery and Hayleys led declines; Vidullanka authorised a first gross dividend of Rs0.20 per share to be dispatched by Aug 7, 2026.
Sri Lanka cut fuel prices effective June 30: Auto Diesel down Rs25 to Rs382/litre and Octane 92 down Rs20 to Rs414. Prices had risen sharply since Feb, driving up transport and grocery costs and pressuring retailers and logistics.
Colombo Stock Exchange trended up intraday, with the ASPI +0.26% (55.89 pts) to 21,603.06 and the S&P SL20 +0.16% (9.59 pts) to 6,010.27; market turnover was LKR 511.7m, led by capital goods (LKR 32.3m). Top positive contributors included Melstacorp, Hayleys, John Keells and Lanka IOC; Commercial Bank, Malwatte Valley Plantations and Ceylon Cold Stores were top negatives.
Dividend · Rs 5.00 · XD Jul 10, 2026
First And Final dividend of LKR 5/share; XD 2026-07-10; record 2026-07-12; payable 2026-07-30; FY 2025/2026
Cabinet approved Rs. 827 million in lubricating oil contracts for the Sapugaskanda Power Plant, awarding Rs. 392.47m (316,000 litres) to Lanka IOC and Rs. 434.86m (304,000 litres) to Chevron Lubricants to cover 2026/27 operational requirements.
Sri Lanka raised retail fuel prices effective May 31 (Auto Diesel +Rs15 to Rs407/L; Octane 92 +Rs24 to Rs434; Super Diesel +Rs20 to Rs478; Super Petrol +Rs25 to Rs495; Kerosene +Rs20 to Rs285), as the fuel import bill more than doubled to US$886m in April and prices near 2022 crisis levels.
FTZMA met the BOI to press for extending VAT exemptions/zero-rating to indirect/deemed exporters to avoid 18% VAT on locally sourced raw materials. They also raised diesel price disparity between CPC and LIOC, proposed fuel sheds, and noted BOI will retain import/export services while recruiting staff.
Colombo Stock Exchange closed down as the ASPI fell 0.85% to 22,175.14, with market turnover at Rs.4.92bn and insurance stocks leading turnover at Rs.3.18bn. Top gainers included Ceylon Beverage (+5.20%), Lion Brewery (+3.06%) and Ceylon Guardian (+5.43%), while Sampath Bank, Hayleys and HNB were top decliners.
Dividend · Rs 5.00
First And Final dividend of LKR 5/share; FY 2025-26
Colombo bourse rebounded as the ASPI rose 0.69% (155.47 pts) to 22,739.77 after Middle East developments pushed oil below $100, with turnover over Rs. 4.1bn and net foreign inflow of Rs. 62.4m. JKH, MELS and RIL were among top positive contributors while LIOC fell and REEF gained.
Fuel dealers accuse the Ceylon Petroleum Corporation of unlawfully cutting dealer margins and question CPC’s reported Rs. 36.4 billion profit for 2025. CPC raised retail fuel prices from 1 May (auto diesel +Rs10 to Rs.392; super diesel +Rs15 to Rs.458; petrol 92 +Rs12 to Rs.410; petrol 95 +Rs15 to Rs.470; kerosene +Rs10 to Rs.265) and Lanka IOC said it revised its prices in line.
Colombo Stock Exchange closed higher Monday with the ASPI up 0.65% at 22,695.00 and turnover of 4.81 billion rupees, driven by buying in banking counters. Top contributors included NDB, Dialog, Melstacorp and Colombo Dockyard, while Ceylinco Insurance and Windforce were among decliners.
Colombo Stock Exchange closed up: ASPI +1.30% (284.12 pts) to 22,128.66. Top contributors included John Keells, Melstacorp and National Development Bank; turnover was Rs5.016bn and HNB Finance announced a Rs2,499,529,714 rights issue (2 for 9).
LAUGFS Gas (LGL.N0000) raised the 12.5 kg LPG cylinder price by Rs. 1,070 to Rs. 5,700; Litro raised the 12.5 kg price by Rs. 775 to Rs. 4,765. Both firms cited surging international LPG and freight costs and said shipments in transit will secure supply.
ASPI fell 1.2% (258.31 pts) for the week and the S&P SL20 dropped 2% (124.30 pts); market turnover was about Rs.1.77bn with net foreign outflows of Rs.68.2m, while breadth was positive and activity was led by capital goods, banks, materials and food & beverage names.
The ASPI fell 1.33% (283.49 pts) to 21,092.24 as Colombo market opened lower amid rising oil prices and Mideast tensions; principal detractors included John Keells, NDB, Hayleys, Melstacorp and Commercial Bank while Lanka IOC and Browns Investments saw gains.
Lanka IOC revised fuel prices from midnight on 21 March in line with CPC's changes, raising Super Diesel by Rs.90 to Rs.443 and Octane 95 by Rs.90 to Rs.455. The adjustments follow wider supplier increases amid Middle East tensions that have pushed diesel up about 35%.
Lanka IOC's Lanka OIC unit (LIOC.N0000) is part of the India–UAE–Sri Lanka tripartite plan to renovate the Trincomalee oil tank farm to expand storage; Sri Lanka has allocated about Rs.32 billion over 3 years and aims to raise storage from ~25–35 days to ~60 days.
Motorists reported continued registration problems with the government's National Fuel Pass and long queues as QR-code distribution resumed. A 35,000-tonne fuel shipment arrived; CPC said Lanka IOC placed 204 orders.
Government raised retail fuel prices across the board: Petrol Octane 92 +Rs24 to Rs317, Octane 95 +Rs25 to Rs365, Auto Diesel +Rs22 to Rs303, Super Diesel +Rs24 to Rs353, kerosene +Rs13 to Rs195. Lanka IOC mirrored CEYPETCO's increases.
The ASPI plunged 3.51% to 21,904.14 as panic selling and a >25% surge in crude to about $115/bbl on Middle East conflict hit the CSE; banking and blue-chip stocks (Commercial Bank, HNB, JKH, Sampath, C T Holdings) led declines while Lanka IOC rose.
Brent crude jumped past $110/bbl in March 2026, prompting Sri Lanka to raise diesel 7.8% and petrol 10%, which widens the import bill, pressures reserves and has devalued the rupee. The shock raises energy and transport costs, risking higher inflation and strain on fuel importers and the power sector.
ASPI plunged 1,290.68 points (-5.4%) to 22,443.38 on Feb 3 after Middle East tensions triggered panic selling and a 30-minute circuit breaker; the S&P SL20 fell 322.32 pts (-4.9%). Turnover was Rs.9.6bn (up 62.9%); foreign investors net sold Rs.59.6m; decliners included COMB, SAMP, HNB, JKH and HAYL, while LIOC, CFLB, BOPL, MRH and MADU were among gainers.
Lanka IOC PLC appointed K. Raghu as its Executive/Managing Director, replacing Dipak Das. Raghu brings over 26 years' downstream petroleum experience and will focus on growth, operational excellence and advancing sustainable energy solutions.
Minister says there is no LP gas shortage after LAUGFS (LGL.N0000) halted supply for several days due to an operational limitation at Hambantota; LAUGFS is rerouting shipments and Lanka IOC/Litro (LIOC.N0000) has raised daily supply from 1,200 mt to 1,500 mt, with multiple shipments due.