News & market updates

Dividend · Rs 2.00

Dividend of LKR 2/share; FY December 31, 2024

Sri Lanka stocks closed marginally up as the ASPI rose 0.21% to 15,912.61 while the S&P SL20 fell 0.16% to 4,759.06; turnover was 1.9 billion rupees and net foreign outflow was 140 million rupees.

Commercial Bank of Ceylon was voted the 'People’s Private Banking Services Brand of the Year' at the SLIM Kantar People’s Awards 2025 for the third consecutive year. The bank — Sri Lanka’s largest private-sector lender serving over four million customers — highlighted its customer engagement and digital marketing efforts.

ASPI rose 0.1% for the week and jumped 1.4% (216 points) on Friday as banking and capital goods stocks led gains. Turnover averaged Rs.1.9 billion for the week and foreign investors were net sellers of Rs.140.2 million.

Sri Lanka's ASPI rose 1.38% to 15,879.33 as buying interest returned, led by gains in Commercial Bank, HNB, NDB, DFCC and Carson Cumberbatch; turnover fell to 1.66 billion rupees and there was a net foreign outflow of 140 million rupees.

Commercial Bank of Ceylon (COMB.N0000) was voted 'People’s Private Banking Services Brand of the Year' for the third consecutive year at the SLIM Kantar People’s Awards 2025. The consumer-voted recognition highlights the bank's brand strength and digital marketing and innovation efforts.

ASPI rose 1.67% (256 pts) as turnover reached Rs.3.67bn, led by heavy Sierra Cables volume and buying in banking and diversified-financial stocks. Banking stocks and capital-goods names (notably Sierra Cables, John Keells, CDB, HNB) were key contributors.

Sri Lanka's ASPI rose 1.67% to 15,662.85, led by a banking-sector bounce that also lifted the S&P SL20 up 2.14% to 4,703.54. Turnover jumped to 3.67 billion rupees; top contributors included Commercial Bank, HNB, John Keells, Sampath Bank and DFCC, while Sierra Cables had the largest turnover.

Commercial Bank of Ceylon (COMB.N0000) launched an Avurudu promotion offering discounts of up to 60% at about 4,000 merchant outlets until April 30 and up to 60-month easy payment plans on white goods. The offer covers credit and debit cardholders across retail, hotels, travel and online partners.

Colombo market closed higher — ASPI +12 points, S&P SL20 +19 with turnover of Rs.1.25bn. Major contributors included Commercial Bank, HNB, Melstacorp, NDB and Sampath while John Keells, Hemas, Browns, LOLC and Ceylon Cold Stores were among laggards; foreigners were net buyers of Rs.14.2m.

The ASPI fell 1.6% (255 points) as selling continued with banking and blue-chip stocks leading declines; turnover was Rs. 1.7bn (below the monthly average) and foreign investors were net sellers of Rs. 50.5m.

Sri Lanka's ASPI closed marginally up 0.18% at 15,421.54 as buying returned after a three-day slide, led by gains in Commercial Bank, HNB, Melstacorp, NDB and Sampath; turnover fell to 1.25 billion rupees and net foreign inflow was 14 million rupees.

Sri Lanka's ASPI fell 1.63% to 15,394.23 and the S&P SL20 fell 1.60% to 4,588.03. Top decliners included Ceylinco Insurance, HNB, Commercial Bank, DFCC and John Keells; turnover rose to 1.77bn rupees and Hayleys plans to raise up to 7bn via a debenture issue.

Commercial Bank of Ceylon is cutting documentation fees by 50% and offering preferential interest rates on personal, home and leasing loans for Anagi Women’s Savings Account holders throughout March. The bank also partnered with 60+ merchants for up to 50% card discounts and ran trade fairs and capacity-building workshops across 14 regions, while offering higher savings rates and digital banking benefits to Anagi customers.

Commercial Bank of Ceylon Plc partnered with AmCham Sri Lanka's International Women’s Day initiative, contributing to funds and support that will empower 100 female entrepreneurs through one-day workshops in Anuradhapura and Monaragala. The bank highlighted its ongoing women-focused 'Anagi' portfolio and capacity-building efforts.

Commercial Bank of Ceylon launched 'ComBank TradeLink', a digital trade finance platform for importers and exporters. The platform provides 24x7 real-time access to import/export letters of credit and collection documents, shipping guarantees, authorisations, document management and personalised dashboards.

Commercial Bank of Ceylon launched 'ComBank TradeLink', a digital trade-finance platform giving importers and exporters 24×7 real-time access to letters of credit, collections, guarantees, payments and document workflows. The platform includes dashboards, templates and multi-level authorisation to speed and digitalise trade transactions.

SLASSCOM and the London Stock Exchange Group will host the Women in Tech Conference 3.0 on March 20, 2025 at Cinnamon Grand, Colombo to promote gender inclusivity and leadership in technology. Speakers include Barbara Wray (LSEG) and Dr. Subha Fernando of Commercial Bank of Ceylon.

Commercial Bank of Ceylon is cutting documentation fees by 50% and offering preferential interest rates in March for holders of its 'Anagi' Women’s Savings Account, and has partnered with more than 60 merchants to offer up to 50% discounts on Anagi cards.

Colombo market rebounded as ASPI rose 151 pts (0.96%) to 15,861 on turnover of Rs.24bn, led by banking and blue‑chip gains; top contributors included COMB, HNB, SAMP, HAYL and JKH while BOGA, JKH and SAMP led turnover.

Sri Lanka's ASPI rose 0.96% to 15,861.14 and the S&P SL20 gained 1.07% as turnover was Rs 2.42bn with a net foreign inflow of Rs 49m. Top contributors included Commercial Bank, HNB, Sampath Bank, Hayleys and John Keells.

Colombo market fell 1.9% as the ASPI dropped 290 points to 15,711 on turnover of Rs.2.5bn, led by a selling spree; major negative contributors included HNB, SFCL, LOLC, COMB and HAYL. The banking sector accounted for 41% of turnover and its index lost 2.01%.

Sri Lanka's ASPI fell 1.81% to 15,710.57 and the S&P SL20 dropped 1.97% to 4,680.82 as selling pressure and profit-taking hit the market; Hatton National Bank, Senkadagala Finance, Commercial Bank and Hayleys were among the top negative contributors.

Colombo market opened lower as the ASPI fell 0.71% (115 points) and the S&P SL20 dropped 0.69% amid low turnover of Rs. 824.6 million, with banks and blue-chip counters leading the decline.

Sri Lanka's ASPI fell 0.71% to 16,000.78 on Monday as turnover dropped to 824 million rupees, with bank and capital goods stocks leading the decline — top negative contributors included Chevron Lubricants, Sampath Bank, Commercial Bank and DFCC Bank. Most active volumes were in Browns Investments, R I L Property, Hela Apparel and HNB Finance, with a net foreign inflow of 16 million rupees.

Commercial Bank of Ceylon sponsored the 'HCM Creative Champs 2025' children's art competition at Havelock City Mall as Official Banking Partner, providing trophies, gifts and promoting its Arunalu children's savings account. Over 1,500 children participated; Arunalu offers higher interest for minor accounts and rewards for top Year 5 scholarship exam performers.

Colombo bourse ended the first week of March lower, with the ASPI down 2.2% and the S&P SL20 down 2.5%; average daily turnover was Rs. 2.73bn and yesterday's turnover Rs. 2.18bn. Primary negatives included LLUB, SAMP, DFCC and COMB, while MELS, HHL and HNB were the top gainers.

Sri Lanka's ASPI closed down 0.05% at 16,115.47 on mixed sentiment with thin turnover of 2.1 billion rupees. There was a net foreign outflow of 409 million rupees; top negatives included Sampath, DFCC and Commercial Bank while John Keells, Hemas and Melstacorp saw high volumes.

Commercial Bank of Ceylon (COMB.N0000) was named Global Finance Best SME Bank in Sri Lanka for 2025, its third consecutive year winning the award. The bank said its SME portfolio and market share grew, onboarding 13,000 customers to LEAP GlobalLinker, creating 700 e-stores and running a Biz Club of 6,250 members.

AIA Insurance celebrated 20 years of bancassurance with a partners' event and previewed a publication, honouring bank partners including NDB, DFCC and Commercial Bank; the publication “In Pursuit of Perfection” will be released later this year.