A market brief each morning, plus company filings and news from across Sri Lanka's stock market. Filter by company, sector and theme, and use sentiment badges to quickly identify Positive or Negative news.
Secondary bond yields rose across maturities-e.g., 15.12.29 at 10.75% and 15.10.34 around 11.90-11.97%-while activity remained healthy. Money-market net liquidity was Rs.111.06bn (CBS mopped up funds via repos at yields 8.74%-9.15%) and USD/LKR closed at 330.30/330.60 (rupee depreciated).
Colombo Stock Exchange closed lower as the ASPI fell 0.14% to 21,037.35 on subdued trading with turnover 814.88 million rupees, led by the banking and diversified financials sectors. Separately WindForce said six of its project companies won bids to develop 28 MW and 144 MWh of BESS requiring ~944 million rupees equity.
DFCC Bank hosted the ADFIAP 49th Annual Meetings in Colombo (23-25 Sep 2026), where CBSL and regional development finance leaders urged DFIs to shift from lending to mobilising private capital using guarantees, blended finance and risk-sharing. Speakers also called for tax incentives and reforms to attract private investment.
Sri Lanka sold Rs6,000 million of treasury bills on tap at average rates of 9.37% (6-month) and 9.93% (12-month), bringing total bills sold this week to Rs66 billion; market subscription was Rs12,005 million.
Sri Lanka's rupee was quoted at 330.00/80 to the US dollar on Thursday, versus 329.50/75 the previous day, while government bond yields edged higher, e.g. the 15.09.2029 bond at 10.60-10.80%, 01.02.2031 at 11.10-11.20% and 15.10.2034 at 11.85-11.95%.
Australian shares slid to a more-than-three-month low as the S&P/ASX 200 fell about 1.2% to 8,658.10 after crude oil surged nearly 4%, reviving inflation worries and boosting the prospect of further Reserve Bank rate hikes.
IMF recommended Sri Lanka retain its 5% inflation target and current accountability band at the first statutory review. It said a lower target could be considered at the next review once low, stable inflation is established, while the CBSL warned a 2% target would require sharply tighter policy and higher rates.
Colombo bourse extended its rally into a second session as the ASPI rose 0.15% (31.14 pts) to 21,085.15 and the S&P SL20 gained 0.31% to 5,947.50. Market turnover was over Rs.1.3bn on 83m shares, foreigners were net sellers of Rs.2.6m, and top contributors were COMB, DIAL, OSEA, HMN and HHL.
Sri Lanka's rupee closed at 329.50/75 to the US dollar (from 329.30/60), while government bond yields fell across maturities, e.g. the 15.12.2028 bond dipped to 10.45-10.55% from 10.50-10.65% and several longer-dated yields also eased.
Treasury bill yields rose across maturities at Wednesday's auction, with all Rs60bn offered sold: 3-month 9.20% (+2bp), Rs30.12bn; 6-month 9.37% (+1bp), Rs19.52bn; 12-month 9.93% (+5bp), Rs10.35bn. 6- and 12-month bills available on tap.
IMF completed its seventh EFF review and 2026 Article IV consultations, saying Sri Lanka's economy has shown resilience but downside risks remain. The IMF noted 11 consecutive quarters of growth, rising reserves and strong fiscal outturn, while urging revenue reforms, cost‑recovery energy pricing and greater exchange‑rate flexibility.
Sri Lanka's rupee was quoted at 329.05/20 to the US dollar on Wednesday, firming from 329.30/60 the previous day, while government bond yields fell sharply (e.g. the 01.08.2030 bond at 10.90/95% from 11.05/15%).
Central Bank of Sri Lanka froze assets of six companies and their directors, barring disposal or transfer of properties under Section 44 of the Finance Business Act. The High Court confirmed and extended the orders; CBSL named the firms, warned the public to use only licensed deposit-takers and said investigations into other entities are ongoing.
IMF staff concluded its mission and cautioned that recently tabled amendments could weaken Sri Lanka's anti‑corruption framework and transparency. The IMF urged maintaining the 5% inflation target, stronger revenue administration, greater exchange‑rate flexibility, and energy cost‑recovery pricing.
Fitch says global growth remains resilient and has raised its 2026 GDP forecast to 2.6%, but real policy interest rates are rising as central banks tighten; Fitch expects the Fed to raise rates in December and hold them at 4.25% next year, while energy price shocks are influencing the outlook.
Plexus Global was appointed on 1 June as the distributor for TrendAI (Trend Micro) in Sri Lanka to offer TrendAI Vision One™ and other AI-powered cybersecurity solutions. The partnership seeks to deploy endpoint and threat-intelligence services across enterprises, targeting BFSI, government and telecom sectors.
Sri Lanka's ASPI closed up 0.15% at 21,085.15 as positive sentiment followed a rating hike; turnover was Rs 1.32bn. Top contributors included Commercial Bank, Dialog Axiata, HNB and Hemas, while Carson Cumberbatch, Hayleys and Lion Brewery were among laggards; trades noted in Maharaja Foods, DIMO, Dipped Products and Browns Investments.
The Central Bank of Sri Lanka has issued freezing orders under section 44 of the Finance Business Act on six companies and their directors, and the High Court of Colombo has confirmed and extended those orders. CBSL says some firms are under investigation while others were found to have carried on finance business or accepted deposits illegally, and warns the public to deposit only with licensed institutions.
Sri Lanka's rupee strengthened to 329.30/60 per US$ from 330.75/90, while government bond yields fell across maturities, e.g. 15.12.2029 closed at 10.70/85% (from 10.85/95%) and 01.08.2030 at 11.05/15% (from 11.15/20%).
Fitch upgraded Sri Lanka's Long-Term IDR to 'B-' from 'CCC+' with a Stable outlook, citing implemented macro-stabilisation policies, improved fiscal and external balances and a modest rebuild in FX reserves that ease external financing risks.
Fitch upgraded Sri Lanka's Long-Term IDR to 'B-' from 'CCC+' with a Stable outlook, citing implementation of macro-stabilisation policies, improved fiscal and external balances and a modest rebuilding of FX reserves that ease external financing risks.
Frontier Research said rising global bond yields and major central-bank tightening are making it harder for Sri Lanka to attract capital, with the US 10-year at 5.04%, UK 10-year at 5.378% and Japan 10-year at 3%. Domestically, inflation hit 8% in August, the current account is in deficit and the CBSL's next policy decision is due at month-end after a May hike to 8.75%.
Sri Lanka's rupee was quoted at 330.80/90 to the US dollar, slightly weaker than 330.75/90 the previous day, while government bond yields edged up across the curve (e.g. the 15.12.2029 note quoted around 11.00-11.10%).
Secondary government bond yields fell across the curve-15.10.28 at 10.60%, 15.12.28 at 10.66% and 15.09.29 at 10.85%, with 2030-31 tenors trading around 11.15%-11.35% as block trades supported the decline. Money market liquidity showed a Rs.145.72bn surplus (Rs.56.72bn at SDFR) and the CB absorbed Rs.89bn via repo; USD/LKR closed at 330.75/330.90 with $77.5m traded.
Technology stocks lifted Asian markets (MSCI Asia‑Pacific ex‑Japan rose over 1%), Brent crude steadied at $100.22/bbl and the dollar firmed as investors priced in further US interest‑rate hikes.
Foreign investors sold a net 7,302 million rupees of Sri Lanka rupee bonds in the week to Sept 18, the first weekly net outflow in 14 weeks, amid rupee depreciation. The outflows cut foreign holdings in government securities to 206.1 billion rupees; the rupee is down 6.7% YTD and the Central Bank raised policy rates by 100bps in May.
Softlogic Finance (CRL) plans to raise Rs1.002 billion via a rights issue of 401,072,162 new ordinary voting shares at Rs2.50 each (5 new shares for every 12 existing) to strengthen Tier-1 capital and expand vehicle financing; issue pending regulator and shareholder approval.
Sri Lanka's rupee was quoted at 331.00/25 to the US dollar on Monday (from 330.75/331.25 on Friday); government bond yields eased, with the 01.08.2030 at ~11.15-11.20% and the 15.10.2034 at ~11.90-12.00%, amid softer oil prices.
Secondary Sri Lankan government bond yields initially rose then recovered by week's end; at the weekly T‑Bill auction the PDMO raised the full Rs.70 billion offered as 91/182/364‑day yields rose to 9.18%, 9.36% and 9.88% respectively. Money market liquidity stayed elevated at Rs.359.79bn, foreign holdings fell by Rs.7.3bn and the rupee weakened to about Rs.331.
Rights issue · 12:5 at Rs 2.50
Rights issue (12:5) at LKR 2.5/share