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Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

Oct 20, 20262 weeks ago 2 min read

COLOMBO, October 20, 2026 — Colombo stock market indices closed lower as price declines in Dialog Axiata, Hatton National Bank and Hemas Holdings weighed on…

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

Oct 20, 20262 weeks ago 4 min read

COLOMBO, October 20, 2026 — China Merchants Port Holdings’ withdrawal from a US$392 million logistics development at the Port of Colombo has raised concerns over…

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

Oct 20, 20262 weeks ago 4 min read

BEIJING, October 20, 2026 — China’s economy expanded by 4.5% in the third quarter, slightly exceeding market expectations as strong exports helped offset weak domestic…

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Oct 19, 20262 weeks ago 3 min read

COLOMBO, October 19, 2026 — Sri Lanka’s total government expenditure is projected to increase by 12.6% to Rs. 4.993 trillion in 2027, from Rs. 4.434…

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

Oct 19, 20262 weeks ago 2 min read

COLOMBO, October 19, 2026 — Sri Lanka generated US$2.245 billion in tourism earnings during the first nine months of 2026, although revenue from the sector…

BIZ BREAKING

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

November 5, 2026

COLOMBO, November 5, 2026 — Stocks rallied at the Colombo Stock Exchange during the first hour of trading today, with…

MARKETS

CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

October 15, 2026

COLOMBO, October 15, 2026 — The Colombo Stock Exchange (CSE)…

WORLD

Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

October 15, 2026

TOKYO, October 15, 2026 — Petrol-only vehicles accounted for less…

BIZ BREAKING

Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

October 14, 2026

COLOMBO, October 14, 2026 — Global oil prices climbed on…

BIZ BREAKING

BUSINESS

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

ECONOMY

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

MARKETS

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

NATION

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

World

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

BIZ BREAKING

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NATION

India’s defence minister Rajnath Singh to visit Sri Lanka today

Sep 8, 20262 months ago 2 min read

Indian Defence Minister Rajnath Singh is scheduled to arrive in Sri Lanka today (08) on an official visit. Accordingly, he is scheduled to undertake his…

world

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Latest news

Sri Lanka stocks trend up on Monday

Sri Lanka stocks trend down midday Tuesday

Stocks Slip as Rising Oil, Inflation Risks and Geopolitical Tensions Rattle Markets

Sri Lanka hosts 11 Asian nations to showcase JICA-backed farming success

Colombo Stocks Close Lower as Key Shares Decline; Turnover Tops Rs. 680 Million

China Merchants’ Exit from US$392 Million Colombo Logistics Project Raises Investment Concerns

China’s Third-Quarter Growth Reaches 4.5%, Narrowly Beating Forecasts

Sri Lanka’s 2027 Budget Expenditure Set to Rise 12.6% to Rs. 4.99 Trillion

Sri Lanka Records US$2.24 Billion in Tourism Earnings in First Nine Months

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

CSE Closes in Red as Dialog Axiata and Key Counters Weigh on Indices

Petrol-Only Vehicles Fall Below 50% of Global Auto Market for First Time

Oil Prices Surge as Iran’s New Hormuz Tactics Raise Global Supply Fears

BIZ BREAKING

ASPI Surges 478 Points as CSE Turnover Tops Rs. 2 Billion in First Hour

Crypto Cannot Be Used for Domestic Payments, CBSL Governor Says

CAL Signs Deal to Acquire 51% of Hong Kong Fund Manager Asia Frontier Capital

BUSINESS

JKH’s Attributable Profit Surges 213% to Rs. 5.17 Billion in Q2; PBT Reaches Rs. 7.95 Billion

Hayleys Solar Inaugurates Two Kosgama Projects with Combined Capacity of 5 MW

Home Lands Showcases Sri Lankan Property Investment Opportunities in Ottawa

ECONOMY

LAUGFS Seeks Temporary Hambantota Terminal Access as Three LPG Shipments Due in November

CPC Raises Petrol and Diesel Prices; Lanka IOC Matches Two Fuel Rates

Apparel Exports Rise 3.47% in September, but Nine-Month Earnings Remain 5.52% Lower

MARKETS

Colombo Stocks Close Higher as Banking Gains Lift Turnover Above Rs. 3.9 Billion

Colombo Stocks Rise as Dialog, Overseas Realty and Hayleys Lead Gains; Turnover Tops Rs. 1.5 Billion

ASPI Falls 10.97% in Ten Months as October Wipes Rs. 441 Billion Off Market Value

NATION

Fitch Upgrades People’s Leasing, MBSL and CBC Finance; Outlooks Stable

Cabinet Approves Rs. 3.33 Billion to Restore Cyclone-Damaged Roads

Fuel Import Costs Up 50%, Limiting Price Relief Despite Rs. 57 Billion Subsidy Allocation: Minister

World

‘Next Barack Obama’ Emerges as Clear Frontrunner for 2028 US Presidential Race

Laurini Officine Meccaniche Unveils 150-Ton Demolition Giant with 50-Meter Reach at World Demolition Summit in Madrid

Oil Prices Rise After Reported US Strike on Iran’s Qeshm Island

India’s defence minister Rajnath Singh to visit Sri Lanka today