Company filings and market news from across Sri Lanka's stock market.
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.
HNB PLC signed an MoU with Home Lands Group to provide exclusive home loan facilities for buyers of Home Lands projects, effective Jan 8, 2025 to Dec 31, 2025, offering competitive interest rates and flexible repayment terms to improve access to homeownership.
Fitch upgraded Senfin Money Market Fund’s ratings to 'AAf(lka)' (National Fund Credit Quality) and 'S1(lka)' (Market Risk Sensitivity). The fund is managed by SenFin, a wholly owned subsidiary of Senkadagala Finance PLC (SFCL.N0000), has LKR5.3bn AUM and Hatton National Bank (HNB.N0000) is trustee.
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.
Hatton National Bank (HNB) won seven awards at the National Sales Awards 2024, taking three awards in All Industries categories and four in Banking Industry categories. Awards spanned multiple sales roles (Silver, Bronze, Merit) across HNB’s branches and units.
Hatton National Bank (HNB.N0000) launched an education loan for CFA students in partnership with CFA Society Sri Lanka to help finance CFA exam and certification costs.
Sri Lanka's ASPI fell 0.27% to 16,123.10 as turnover slowed to Rs 2.3 billion. Top decliners included Ceylon Tobacco (down 5.9%), Ceylon Cold Stores (down 2.9%), Melstacorp, HNB and Browns Investments, while John Keells, Browns, Jetwing Symphony and Marawila Resorts were among the most active by volume.
The ASPI rose 1.87% (about 296 pts) to 16,167 as the Colombo market staged a strong rebound and turnover doubled to Rs.5.18bn. The Banking sector led gains (Hatton, Nations Trust, National Development Bank, Sampath among top contributors) while capital goods and select stocks also saw heavy activity.
APB's 35th convention urged Sri Lanka's banks to adopt AI, open banking and diversify financial institutions to boost inclusion; Advocata warned high interest costs (Rs2.95tn, ~8.8% of GDP; rates ≈11%) are constraining recovery.
Vidullanka PLC's proposed LKR500 million listed secured sukuk has been assigned an expected national long-term rating of 'A+(lka)(EXP)' by Fitch; proceeds will refinance short-term loans and fund working capital. Hatton National Bank is the trustee for the issuance.
Sri Lanka's ASPI closed up 1.94% (308.22 pts) at 16,178.47 with turnover of Rs 5.17 billion despite volatility. Banks regained investor interest and top contributors included Sampath, HNB, Hayleys and Bukit Darah, while John Keells, Hemas, Nations Trust and Browns saw high volumes.
ASPI fell 1.84% (297 pts) to 15,870, turning YTD performance to -0.47%, with the banking sector leading losses and DFCC, HNB, SAMP, COMB and CINS the top detractors. Turnover rose to Rs.2.4 billion, with banking accounting for 41% of turnover.
Sri Lanka's ASPI fell 1.84% (297.05 pts) to 15,870.25, dragged by financials with Ceylinco (-7.4%), DFCC (-5.1%), HNB (-1.8%), Sampath (-1.9%) and Commercial Bank (-1.9%). Turnover was Rs 2.3bn (banks Rs 982m) and net foreign outflow was Rs 109m.
Colombo market opened March down with ASPI -1.9% and S&P SL20 -2.1%, turnover Rs.1.5bn; profit-taking in banks (led by HNB, COMB, NDB) drove the fall while CTC, SPEN and AHUN were among top positive contributors; foreigners net sold Rs.127.4m.
CBSL Governor Nandalal Weerasinghe urged banks to tighten controls ahead of Sri Lanka’s upcoming AML/CFT evaluation and said a mock assessment by Dr. Gordon Hook will be conducted in March 2025. Regulators and the FIU highlighted expanded AI, digital controls and staff training to boost detection and compliance.
CFA Society Sri Lanka honoured the top 25 employers supporting CFA charterholders and candidates. Recognised local listed firms include John Keells, Hayleys, DFCC Bank, Hatton National Bank, Hemas, Commercial Bank and Capital Alliance.
Colombo Stock Exchange closed lower as the ASPI fell 1.89% to 16,167 and the S&P SL20 fell 2.08% to 4,828 as investors realised gains after IMF news; selling was concentrated in banking counters. HNB, Commercial Bank, Sampath, NDB and DFCC fell while Nations Trust Bank rose about 7.98%.
Hatton National Bank (HNB.N0000) has launched an education loan for CFA students in partnership with CFA Society Sri Lanka to help candidates finance their certification.
ASPI rose 48 points (0.3%) to 16,479 on low turnover of Rs. 1.7 billion, led by gains in the banking sector. HNB, Commercial Bank and Sampath were top positive contributors (with CTC and LLUB also supportive) while CFIN, JKH and DFCC exerted downward pressure; banks accounted for 45% of turnover.
Sri Lanka stocks closed up, ASPI +0.29% to 16,478.67 and S&P SL20 +0.86% to 4,940.49, led by banks and Ceylon Tobacco. Top contributors were HNB, Commercial Bank, Sampath Bank, Ceylon Tobacco and Chevron Lubricants; turnover was Rs 1.7bn with a net foreign inflow of Rs 9.7m.
Payable has processed over Rs.100 billion in transactions, and its strategic partnerships with Commercial Bank, HNB, Sampath Bank, Seylan Bank and Nations Trust Bank have supported wider merchant adoption of digital payments in Sri Lanka.
Hatton National Bank (HNB) signed an MoU with Lanka Impact Investing Network (LIIN) to launch the HNB-LIIN Innovation & Impact Entrepreneurship Development Hub and the GRIT 'Empower Pengal' program in Jaffna to support MSMEs, especially women-led businesses through training, mentorship and market access.
Sri Lanka's ASPI closed up 0.72% as renewed buying interest lifted the market, led by financials and with tourism stocks in focus; turnover was Rs 1.6 billion and there was a net foreign outflow of Rs 123 million.
PAYable processed over Rs. 100 billion in transactions and serves about 40,000 merchants; the payments platform says strategic partnerships with Sri Lanka’s leading banks, including Commercial Bank, Hatton National Bank, Seylan Bank, Sampath Bank and Nations Trust Bank, support its growth.
Sri Lanka's ASPI fell 1.96% to 16,345.01 as stocks pulled back, dragged by financials amid thin turnover of LKR 2.3bn and a net foreign outflow of LKR 64m. Top decliners included Ceylinco, Commercial Bank, HNB, Melstacorp and LOLC while banking stocks saw the highest turnover.
Hatton National Bank PLC reported Group PAT of Rs 44.8 Bn (Bank PAT Rs 41.3 Bn) for 2024, up from Rs 23.6 Bn, and declared a cash dividend of Rs 15.00 per share. Asset base topped Rs 2.0 Tn, Net Stage 3 ratio improved to 1.88%, and CASA and digital fee income strengthened.
Hatton National Bank (HNB.N0000) was named Best Retail Bank in Sri Lanka for the 15th time at the TAB Global Excellence in Retail Financial Services Awards 2025. The bank highlighted digital initiatives, including a trilingual mobile banking app, as enhancing customer convenience and net fee income.
Colombo Stock Exchange fell 1.20% (ASPI down 202.38 pts to 16,686.93) as banking-sector selling weighed on the market and turnover slid to 2.1 billion rupees with share volume down 45%. Top negatives included HNB, NDB, Commercial Bank, Central Finance and DFCC; Access Engineering’s subsidiary signed a PPA with the CEB.
Hatton National Bank posted a 363% rise in December-quarter profit to LKR20.53bn, driven by a LKR91.6bn reversal of ISB provisions from the sovereign bond restructuring and stronger net interest income; Q4 EPS was LKR35.92 and full-year profit LKR43.5bn (+91%).