Friday, August 7 2026
Friday, August 7 2026
MONETABRIEF – A key foreign shareholder of Sri Lanka based Commercial Credit and Finance has sold down its stake in a 9 billion rupee deal, driving up turnover and interest in the Colombo Stock Exchange.
Colombo-based Asia Securities arranged a consortium of local investors to buyout the foreign shareholder, Group Lease Holdings, in what the firm said was the largest book building exercise in the country.
A 28 percent stake was sold, Asia said.
Group Lease Holdings, which is in liquidation earlier could not exit amid a court case.
Turnover rose to 12.23 billion rupees on Thursday.
The Colombo All Share Index closed up 102.73 points (0.49-pct).
Commercial Credit closed up 1.75 rupees at 107.50.
The stock came down in recent day ahead of the sale. (Colombo/Aug06/2026)
| Sterling | 458.31 | Sell - |
| 3 month bill | 9.95 | 0.18 ▼ |
| 12-m bill | 10.20% | 0 - |
| Gold | $4035 | - - |
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