Try GOLD - Free
HNB crossing has transformative, green impact on share market
The Island
|May 28, 2025
CSE trading was extremely bullish yesterday due to a notable crossing in HNB to the tune of Rs 13.9 billion.
This amounted to a 75 percent contribution to the day's turnover, market analysts pointed out.
The HNB transaction moved the market to green territory, resulting in improved business/investor confidence. Thus did market activities improve after a few working days.
The All Share Price Index went up by 161.39 points, while the S and P SL20 rose by 77.17 points. Turnover stood at Rs 18.7 billion with 12 crossings.
Those crossings were reported in HNB, which crossed 45.5 million shares to the tune of Rs 13.9 billion; its shares traded at Rs 320, Cargills Bank 28 million shares crossed for Rs 245 million, its shares traded at Rs 9, Melstacope 1.19 million shares crossed for Rs 175 million; its shares traded at Rs 148.50, Lanka IOC 1 million shares crossed to the tune of Rs 130 million; its shares traded at Rs 130.
This story is from the May 28, 2025 edition of The Island.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Island
The Island
Browns’ General Trading honours outstanding dealer excellence
Browns General Trading recently recognized the exceptional efforts of its valued dealer network in the Colombo region in promoting its portfolio of leading global brands; Makita, Eclipse, Tailin, JK, Firman, Juba and Lion.
1 mins
December 13, 2025
The Island
Duffy five-for triggers West Indies slide to give New Zealand first win of WTC cycle
Jacob Duffy, who had to wait until his 31st birthday for a Test debut earlier this year, claimed his second five-wicket haul of the series as West Indies folded tamely on the third day in Wellington.
3 mins
December 13, 2025
The Island
India unveils future of South Asia’s construction industry
South Asia’s largest construction equipment exhibition began December 9 in Bangalore, India showcasing a broad range of nextgeneration machinery and technologies.
2 mins
December 13, 2025
The Island
Vaibhav Suryavanshi slams 95-ball 171 in Under-19 Asia Cup opener
Vaibhav Suryavanshi slammed a blistering 95 ball 171 in the Under 19 Asia Cup opener against UAE on Friday.
1 mins
December 13, 2025
The Island
DFCC Credit & Debit Cards introduce practical savings and flexible support for year-end spending
DFCC
1 min
December 13, 2025
The Island
One country, many divisions
Ahead of the visit of the President, and all European Union Commissioners, to India, in February 2025, the Economist ran a leader “How India became an unexpected role model for Europe,” that compared India favourably with the European Union (EU), which, according to the Economistħad a 'sclerotic economy' and 'gridlocked politics.'
5 mins
December 13, 2025
The Island
Pakistani relief ship with 200 tons of supplies expected today
Pakistan will dispatch an additional 200 tons of humanitarian relief supplies to Sri Lanka to support communities affected by the recent cyclonic storm, Pakistan's Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry said on Thursday.
1 min
December 13, 2025
The Island
Understanding emotional aftermath
Experiencing a disaster can shake anyone to the core.
6 mins
December 13, 2025
The Island
AG throws doors wide open to recruitment of women to all positions in SLR
The Attorney General informed the Supreme Court yesterday (12) that the Cabinet of Ministers had approved the recruitment of women for all positions, within the Sri Lanka Railways (SLR).
1 min
December 13, 2025
The Island
Nepal government inks pact with Gen Z, promises reforms
Nepal’s government and Gen Z leaders have struck a deal, marking a significant step towards implementing constitutional, electoral, and political reforms raised during the September uprising.
2 mins
December 13, 2025
Listen
Translate
Change font size