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Sri Lankan shares rise on gains in communication, consumer staples stocks

Sri Lankan shares closed higher on Thursday, led by communication services and consumer staples stocks. The CSE All Share index settled up 0.56% at 21,539. Samson International and LCB Finance were the top percentage gainers on the CSE All Share index. Trading volume on the CSE All Share index rose to 76.7 million shares from 53.7 million in the previous session. The equity market’s turnover rose…

Sri Lankan shares rise on gains in communication, consumer staples stocks

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Aradel Holdings to begin petrol production at its modular refinery in 2027

Integrated indigenous energy firm, Aradel Holdings Plc, has revealed plans to commence refining petrol at its modular refinery in 2027.

  • Aradel Holdings to start petrol production at modular refinery in 2027
  • Fuel subsidies removal and downstream oil deregulation make refining profitable
  • Company exploring expansion, crude supply, and aviation fuel production

Thai Beverage logs over 7% rise in nine-month profit

BENGALURU — Singapore-listed Thai Beverage (ThaiBev) posted a ‌7.2% rise in nine-month operating earnings on Thursday, helped by...

  • Thai Beverage's nine-month profit rises 7.2%
  • EBITDA reaches 48.29 billion baht (US$1.46 billion)
  • Potential sale of KFC franchise in Thailand discussed

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