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.
The Colombo Stock Exchange ended the week up 0.12%, with the ASPI rising 25 points to 21,382.74 after snapping a three-day losing streak. HAYC, CARG, SAMP, LOLC, SEMB and DIMO were top positive contributors; turnover was Rs.1.1bn and foreign investors were net sellers of ~Rs.50.5m.
Stefan de Alwis hosted Priceline/Booking.com co-founder Jeff Hoffman on The 3i Show in a first-of-its-kind Sri Lankan business dialogue; the episode is now streaming and Hoffman has engaged with officials and the local entrepreneurship and investment ecosystem.
Ceylinco General Insurance has partnered with BNPL platform KOKO to introduce a customised medical insurance product (Ceylinco Suwa Sampatha) offering up to $40,000 cover for KOKO customers, designed for digital activation and easy access.
Treinetic Ltd. opened The Legends Lounge, a hospitality and lifestyle venue in Malabe on 9 September 2026, marking the software product engineering company's expansion beyond its technology business into food, wellness, work and leisure services.
Lankatiles opened its 61st showroom in Mount Lavinia, expanding its retail footprint and offering its wall and floor tile ranges-including Double Fired walls, Majestica large-format collections, Mosaics and the new Cool Rooftop Tile-targeting homeowners, architects and designers.
Sri Lanka sold Rs120 billion of government bonds across 2030, 2034 and 2037 maturities, with average yields of 10.83% for 01-Aug-2030, 11.96% for 15-Oct-2034 and 12.08% for 01-Jul-2037; all three issues were sold in full and are available on tap.
Sri Lanka sold Rs150 billion of government bonds: Rs70bn of 01 Aug 2030 at an average yield of 10.83%, Rs50bn of 15 Oct 2034 at 11.96%, and Rs30bn of 01 Jul 2037 at 12.08%; all three bonds are available on tap.
Oil prices slipped on Friday but were up over 7% for the week, Brent $103.88/bbl, WTI $99.15/bbl, as attacks near key Middle East shipping routes and other disruptions pushed U.S. diesel to a record above $6/gal. European Central Bank officials also signalled the possibility of further rate rises if energy-driven inflation persists.
Colombo Stock Exchange closed higher with the ASPI up 0.12% (25.00 pts) at 21,382.74 and the S&P SL20 up 0.19% at 6,015.08, on turnover of 333 million rupees. Galle Face Capital Partners received in-principle CSE approval to list up to 4,060,218 new ordinary shares via a scrip dividend; its shares closed down 2.45% at 19.90 rupees.
Microsoft plans to expand data-center capacity to about 38 GW by 2032, more than triple its current footprint, with AI-specific chip capacity rising to roughly one-third of that total; the company also flagged very large capex (e.g., $50bn for Q1 FY2027 and $175bn for 2026).
IT & Digital
Ada Derana·Sep 11, 2026·Capacity or capex·PLRPositive
Prime Lands Residencies PLC has completed the superstructures (topped off) of all three towers at The Colombo Border, a key construction milestone that the company says advances the project ahead of schedule. Handover is due from mid-2027 and Tower Cosmos is reported sold out, with remaining two- and three-bedroom units from Rs 48M.
Fitch assigned Sampath Bank PLC's proposed LKR10 billion Basel III-compliant subordinated debentures an expected National Long-Term Rating of 'A(EXP)(lka)'. The five- and seven-year notes, to be listed on the CSE, are intended to qualify as Tier 2 capital to support capital adequacy and include a non-viability conversion clause.
Ada Derana·Sep 11, 2026·Management or board change·SAMPPositive
Sampath Bank PLC appointed Dilip de S Wijeyeratne as Deputy Chairman, effective 10 September 2026. He has served on the bank's board since 2018 and brings extensive banking, treasury, risk and governance experience to support Sampath Bank's technology, data and AI-driven strategy.
Sri Lanka sold Rs8,000 million of treasury bills on tap at an average yield of 9.24%, bringing this week's total T-bill sales to Rs88 billion, the public debt management office said. Total market subscription was Rs8,000 million and earlier this week the office raised Rs80 billion of 3-, 6- and 12-month bills.
Aitken Spence Hotel Holdings PLC received CSE approval to list up to Rs.5 billion of unsecured senior redeemable debentures and will initially issue up to 30 million debentures to raise Rs.3 billion. The offer comprises five- and seven-year tenors with coupons yielding about 13%-13.15%; subscription opens 15 Sep 2026.
Agarapatana Plantations PLC will seek shareholder approval to redeploy Rs.643.2m of unutilised IPO proceeds toward mechanisation and renewable energy and to extend the utilisation deadline to 30 Sep 2028. Only Rs.29.4m of the Rs.672.6m for factory modernisation was used; the revised plan adds Rs.88m for renewable energy and has a Rs.6.5m shortfall to be met from internal funds.
CBSL Governor Nandalal Weerasinghe warned reserve accumulation 'cannot be at any cost', saying excessive intervention, monetary expansion or external borrowing can undermine stability and that sustainable reserve rebuilding needs fiscal and monetary support; he also urged defined roles for gold and digital assets in reserve portfolios.
Gold & PawningInterest Rates
Daily FT·Sep 11, 2026·Management or board change·SAMP
Sampath Bank appointed Dilip de S. Wijeyeratne as Deputy Chairman effective 10 September 2026. Wijeyeratne, a senior banking and finance professional with nearly eight years at Sampath Bank and roles at Singer, Hayleys Fibre and Janashakthi Insurance, will support the bank's strategic, data and AI initiatives.
CSF urged the government to establish an independent Trade and Productivity Commission with its own secretariat, analytical capacity and monitoring powers to anchor a credible trade-adjustment program, warning reforms risk repeating past failures and citing a $10bn annual unrealised export potential.
The Ceylon Motor Traders' Association urged policymakers to stop an estimated Rs.40 billion 2025 revenue leakage from a blanket 15% CIF depreciation on used vehicle imports and called for a uniform duty structure and transparent valuation to ensure a level playing field across the automotive industry.
Adani Airport Holdings has entered binding agreements to raise INR 98.25 billion (~$1bn) of primary equity from a consortium including Alpha Wave, Premji Invest, Temasek and BlackRock at a pre‑money valuation of about $18bn; proceeds will fund airport expansion, a 22m sq ft airport‑city and non‑aeronautical growth, with investors to hold ~5.54% after three tranches (final tranche by July 2027).
The Ceylon Motor Traders' Association urged the government to abolish the 15% vehicle depreciation rule before Budget 2027, saying the loophole could cause revenue leakage of up to Rs.120 billion in 2026. CMTA proposed an age-based interim cap (around 10%) and distributors such as DIMO warned of multi-million-rupee revenue losses per high-end vehicle.
AIIB Treasurer Domenico Nardelli told the Reserve Management Conference in Colombo that central banks should hold larger liquidity buffers and diversify by asset type and jurisdiction because shocks now arrive faster and more often. He noted the US dollar still held a 57% share of official reserves, highlighted large swings in Treasury yields and gold, and said AIIB uses in-house AI tools to speed portfolio analysis.
Colombo market slipped as the ASPI closed down 0.50% (108.26 pts) at 21,357.74 and the S&P SL20 fell 0.50% to 6,003.92 amid concern over Middle East tensions and rising oil prices. Top negative contributors were MELS.N0000, BREW.N0000, DIAL.N0000, CARS.N0000 and CARG.N0000; turnover was over Rs.1.45bn.
Senthilverl Holdings bought 750,000 voting shares in Sarvodaya Development Finance on 9 September 2026 at Rs.39.70-41.00, raising its holding from 9.78% (14,633,597 shares) to 10.28% (15,383,597 shares) of the company's 149,596,052 issued shares.
Secondary bond market was subdued ahead of today's Treasury Bond auctions offering Rs.150 billion across three maturities (Rs.70bn 01-Aug-2030 at 10%; Rs.50bn 15-Oct-2034 at 11.70%; Rs.30bn 01-Jul-2037 at 10.75%). Net liquidity surplus stood at Rs.116.19bn and USD/LKR closed around Rs.328.55.
Global bond yields spiked and equities fell after Brent crude jumped to $109.97/bbl, pushing the 10-year US Treasury yield to about 4.97% and prompting markets to price in further central bank tightening amid higher inflation risks.
CBSL Governor Dr. Nandalal Weerasinghe urged global reserve managers to prioritise liquidity and build foreign-exchange buffers amid geopolitical fragmentation, warning that inadequate reserves constrain imports, debt servicing and policy response. He advocated broader risk-based adequacy metrics, cautioned against uncalculated diversification and noted renewed central-bank interest in gold.