Company filings and market news from across Sri Lanka's stock market.
Colombo market closed Friday lower with the ASPI down 108 points (0.64%) to 16,918 and the S&P SL20 off 1.23%; turnover was Rs.7.44bn. Food, Beverage & Tobacco and Banking were top turnover contributors while selected stocks (e.g., Melstacorp, Sierra Cables) saw mixed moves.
Sri Lanka's ASPI fell 0.64% to 16,917.86 in a market correction as SL20 dropped 1.23% and turnover was Rs 7.4bn. Banks led the pullback (HNB -4.0%, NDB -1.34%, DFCC -1.5%, Seylan -0.5%) while Browns Investments, Sierra Cables, John Keells and RIL were among the most active stocks.
HNB PLC partnered with Visa on the 'Santa Brigade' campaign that funded hearing aids for children, using a microsite with a virtual decibel meter to mobilize community participation and donations.
Colombo bourse hit record highs as ASPI rose 197 points (1%) to 17,025, led by banking stocks with Hatton National Bank up to Rs. 360.50 amid share-split rumours. Turnover was Rs. 9.78bn, banking and consumer stocks dominated activity and foreign investors were net sellers of Rs. 565.6m.
Sri Lanka's ASPI rose 1.17% to 17,025.99 as stocks closed up 1.1%, led by gains in HNB, Central Finance, Hayleys, SFCL and LOLC-group names. Turnover was Rs 9.7bn with a net domestic inflow of Rs 565m, while some banks (Sampath, NDB, DFCC) fell.
Fitch upgraded the national long-term ratings of 10 Sri Lankan banks and affirmed five after recalibrating the national rating scale following a sovereign upgrade; most outlooks remain Stable. Union Bank and Cargills Bank carry Negative Outlooks due to capital-buffer and parent-support risks.
Fitch upgraded the national long-term ratings of 10 Sri Lankan banks and affirmed five after recalibrating the national rating scale following Sri Lanka's sovereign upgrade on 20 December 2024.
DFCC Bank sold its 50% stake (75,500,001 shares) in Acuity Partners to Hatton National Bank for Rs. 6.5 billion, leaving DFCC with no holding. The SEC approved the transaction and Acuity Partners is now a fully owned subsidiary of HNB.
Colombo Stock Exchange rose as banking stocks led gains after Fitch upgraded several Sri Lankan banks; the ASPI closed up 1.40% at 16,828.80. Turnover was LKR 10.66bn with a net domestic inflow of LKR 670m and a net foreign outflow of LKR 670m; notable movers included HNB, NDB, Browns and Ceylon Tobacco.
ASPI rose 224 points to 16,597 and the S&P SL20 closed at 5,047 as the Colombo market hit new highs on Rs.8.3bn turnover led by banking stocks, with Commercial Bank, HNB, DFCC, NDB and Sampath among the top contributors.
Colombo market opened bullish as the ASPI rose ~115 points (0.71%) to 16,373 on turnover of Rs.5.5bn. Banking and Capital Goods led activity with DFCC, HNB, NDB, Teejay Lanka, Sierra Cables, CIC and Ceylon Cold Stores among top contributors.
Colombo Stock Exchange rose with the ASPI up 1.31% (224.01 pts to 16,597.16) and S&P SL20 up 1.72% (85.42 pts to 5,047.45), driven by banking stocks and strong retail turnover. Top turnover generators included Commercial Bank, HNB, DFCC, NDB and Sampath Bank, with a net foreign outflow of Rs 279 million.
Colombo Stock Exchange closed higher as ASPI rose 0.71% to 16,373.15, led by banks and capital goods stocks. Heavy volumes included Sierra Cables, Teejay Lanka and LOLC Finance, with Teejay Lanka, NDB, DFCC and Ceylon Cold Stores among top contributors.
Hatton National Bank (HNB.N0000) has launched a trilingual mobile banking app (Sinhala, Tamil, English) for its 1M+ active users to improve accessibility. The app allows language selection at registration/settings and complements HNB’s NF2F feature and SOLO digital wallet to boost digital engagement.
Colombo bourse ended the week higher (ASPI +2.1% for the week; ASPI +0.26 yesterday, S&P SL20 +0.28) with turnover yesterday at Rs.5.4bn and a net foreign outflow of Rs.221.5m. Banking and capital-goods/construction stocks led turnover, with top contributors including Dialog, DFCC, Dipped Products, Hemas and Commercial Bank.
Hatton National Bank signed a share sale and purchase agreement with DFCC Bank to acquire DFCC's 50% stake in Acuity Partners Ltd, with transfer subject to regulatory approvals.
Colombo market sustained gains with the ASPI up 0.4% and S&P SL20 up 0.2% on Rs.5 billion turnover and a net foreign inflow of Rs.194.5 million. Top contributors included Commercial Bank, Tokyo Cement, Lanka IOC, ACL Cables and Access Engineering, with banking leading turnover (26%).
Hatton National Bank (HNB) launched a trilingual mobile banking app (Sinhala, Tamil, English) for its more than 1 million active users to improve accessibility. HNB expects the feature to boost digital engagement and seamless transactions alongside its NF2F capability and SOLO wallet.
DFCC Bank has agreed to sell its 50% stake in Acuity Partners to Hatton National Bank; HNB said the transfer will occur after receipt of regulator approvals. An earlier proposed September sale for 7 billion rupees did not go through and the parties have now signed a revised share sale and purchase agreement.
HNB General Insurance marked its 10th anniversary, noting steady growth, a Fitch A- (lka) rating and a 57-branch network while highlighting digital initiatives (Claimee, OneInsurance) and parametric insurance products. The company emphasised customer-centric growth and innovation for 2025–2027.
Colombo market opened the holidays-shortened week higher as the ASPI rose 1.4% and the S&P SL20 rose 2% on turnover of Rs.4.4bn, supported by lower T-bill yields and strong banking and blue‑chip buying (notable contributors: SAMP, DFCC, NDB, HNB, COMB, JKH).
Colombo Stock Exchange rose as the ASPI closed up 1.42% at 16,152.35 and the S&P SL20 gained 2.02% to 4,905.19. Buying was concentrated in large-cap bluechips and banks, with DFCC, Sampath, NDB, HNB and Commercial Bank among top contributors.
Sri Lanka stocks closed up Friday, with the ASPI rising 0.73% to 15,926.00, led by financial, consumer and hotel stocks. Top contributors included HNB, LOLC, Hemas, Browns and Royal Ceramics, with turnover at 3.7 billion rupees.
The ASPI fell 143 points (0.9%) to 15,811 and the S&P SL20 lost 1.2%; turnover was Rs.4.13bn with a net foreign outflow of Rs.38m. Selling in banking counters (Sampath, Commercial Bank, DFCC) weighed on the market while John Keells, Browns and LB Finance saw heavy turnover and small price moves.