Chevron Lubricants Lanka Plc news & filings

Bertram Paul, Managing Director/CEO of Chevron Lubricants Lanka (LLUB.N0000), was elected President of the American Chamber of Commerce in Sri Lanka at its 34th AGM. The new board includes representatives from Hayleys (HAYL.N0000) and JAT Holdings (JAT.N0000), with Chamila Bandara (Hayleys Advantis) named Treasurer and Anika Williamson (JAT) re-elected as a director.

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's ASPI fell 0.03% to 21,417.80, extending a third straight day of losses on profit taking and net foreign outflows of Rs.36.7m. Banking led turnover (27%) while Haycarb, Chevron Lubricants, John Keells and Hayleys were among top contributors.

Sri Lanka stocks closed flat as the ASPI rose 0.01% to 21,426.43, with banks leading turnover at 327.4 million rupees. Haycarb, John Keells and Ceylon Cold Stores were top gainers while HNB, Central Finance and Commercial Bank were top decliners; Digital Mobility Solutions disclosed ESOP allotments and its shares closed down 0.30%.

Colombo Stock Exchange fell for a sixth straight session as the ASPI dropped 0.54% to 21,962.30. Turnover exceeded Rs.1.5bn with foreigners net sellers of Rs.185m; major drags included Melstacorp, John Keells, Carson Cumberbatch and CIC Holdings, while Access Engineering and Chevron Lubricants featured among top contributors.

Colombo Stock Exchange fell, with the ASPI down 0.39% to 21,995.04 and the S&P SL20 down 0.27% to 6,150.33. Top negatives included Melstacorp, John Keells and Carson Cumberbatch while Digital Mobility Solutions, Royal Ceramics and Haycarb were positive; turnover was LKR 1.13 billion.

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.

Chevron Lubricants Lanka PLC received delivery of eight BAIC X55 vehicles for its corporate fleet. Central Finance Company PLC provided financing support to facilitate the acquisition.

CSE All Share Index fell 0.49% (110.70 pts) to 22,584 and the S&P SL20 dropped 0.31% to 6,225 as brokers said Middle East escalation spurred retail selling. Bank counters saw selling, turnover was Rs 2.15bn with crossings in JKH, COMB, LLUB and LFIN, and Colombo Dockyard narrowed its quarterly loss to Rs 428.1m.

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).