News & market updates

Colombo bourse ended lower: ASPI fell 0.38% to 21,148.71 and S&P SL20 dropped 0.26% to 5,946.03. Market turnover was nearly Rs.1.1bn, foreign investors were net sellers of Rs.710,860, with SPEN, CINS, COMB, ACL and RICH among the decliners.

Janashakthi Insurance PLC (Janashakthi Life) was named among Sri Lanka's 50 Best Workplaces™ for 2026 by Great Place To Work® Sri Lanka in the Medium category (251-500 employees). The recognition follows its Great Place To Work® Certified status and an 88% Employee Trust Index™ score in 2025.

Janashakthi Finance PLC launched 'Project Compass', a service transformation programme to enhance customer experience, strengthen processes and build a culture of service excellence. The initiative will be rolled out with partner Blue Mango Partners over the coming months.

Janashakthi Finance PLC (BFN.N0000) marked its 45th anniversary, highlighting its rebranding from Orient Finance, strong customer sentiment, industry awards and plans to accelerate digital transformation and financial inclusion supported by parent JXG (JXG.N0000).

First Capital Holdings PLC (a JXG subsidiary) achieved multiple sustainability firsts in FY2025/26, becoming the first investment institution globally to receive the SSCI Certificate of Acceptance and Sri Lanka's first investment institution to join UNGC, WEP and PCAF. The firm also joined PRI, verified its carbon emissions and is embedding ESG and SLFRS S1/S2 readiness into governance and investment processes.

First Capital Holdings PLC unveiled a refurbished Negombo branch with modern interiors and an expanded team to enhance customer service. The upgrade, at one of its top-performing locations, reflects ongoing investment by First Capital (a subsidiary of Janashakthi Limited) in client touchpoints.

Janashakthi Limited was featured as an official TikTok for Business Case Study for its 'Who is JXG?' integrated brand and IPO campaign ahead of a Rs. 5 billion IPO. The campaign recorded over 4.76 million video views, more than 5 million impressions and about 255,000 destination clicks to the IPO landing page.

Janashakthi Limited's Janashakthi Life donated essential medicines, installed a hospital name board and provided directional signboards to police in Anuradhapura during the Poson pilgrimage to support healthcare, public safety and pilgrim welfare.

Janashakthi Limited (JXG) was featured as the first Sri Lankan financial conglomerate in an official TikTok for Business Case Study after its 'Who is JXG?' IPO campaign generated over 4.76 million video views and drove more than 255,000 clicks to the IPO landing page ahead of its LKR 5 billion IPO.

First Capital Holdings PLC (CFVF) and Hatch launched the 2026 First Capital Startup Nation regional edition, offering startups access to up to USD 1 million in funding and expanding the programme across South Asia.

Ceylinco General Insurance's AI visibility score jumped from 28.5 to 83.6 in April, the largest one-month move in BrandRadar's March–May AI Visibility Index of 198 Sri Lankan brands across major LLMs. The study highlights rapid, platform-specific swings in AI recommendations that affect insurers and hotels.

Janashakthi Limited director Manjula Mathews participated in AmCham Sri Lanka's 'Her Story, Her Voice' panel on women in family enterprises and leadership at Cinnamon Life Colombo. The event brought together senior leaders to discuss leadership, resilience, legacy and networking opportunities.

Janashakthi Insurance PLC (Janashakthi Life) moved up from 7th to 5th in the LMD Readers’ Choice Most Loved Life Insurance Brands 2026, signalling stronger consumer preference and brand trust.

ASPI fell 0.4% (85.70 pts) to 21,461.47 as selling pressure reversed early gains; turnover was below Rs.1.7bn and foreign investors were net buyers of Rs.55.9m. Major negative contributors were C T Holdings, Melstacorp, Ambeon, Access Engineering and Central Finance, while John Keells, Chevron Lubricants and Commercial Bank were top turnover names.

Janashakthi Life (flagship of JXG) now accepts new life insurance applicants up to age 80 and provides life cover and maturity benefits up to age 90, extending beyond the prevailing market norm of 65–70 years to address an ageing population.

First Capital Holdings PLC secured multiple global and local sustainability affiliations in FY2025/26, including SSCI Certificate of Acceptance and becoming Sri Lanka’s first investment institution to join UNGC, WEP and PCAF. The firm also installed rooftop solar, advanced PCAF baseline work and progressed SLFRS S1/S2 readiness.

First Capital Holdings PLC reported a Profit after Tax of Rs. 2.10Bn for the year ended 31 March 2026, with Group net income before operating expenses of Rs. 6.59Bn. The Primary Dealer (PAT Rs.1.60Bn) and Corporate Finance (PAT Rs.0.93Bn) divisions were key contributors.

Janashakthi Limited (JXG.N0000) has inducted the second cohort into its 'Spartans' JXG Management Trainee Programme, an 18-month cross-functional leadership development initiative. The programme rotates trainees across the Group's Insurance, NBFI and Investments businesses and key corporate functions.

Janashakthi Insurance (JINS.N0000) posted Q1 Gross Written Premiums of LKR 2.6Bn, up 42% YoY, and market capitalization rose to LKR 29Bn (70% increase). Total assets increased to LKR 41Bn, new business was up 25% YoY and claims paid were LKR 985.8Mn (26% YoY).

Janashakthi Insurance PLC (Janashakthi Life) ran Shilpashakthi, an educational initiative that provided academic guidance to over 5,000 Grade 5 Scholarship students and awarded tablets and a Colombo double-decker tour to five winners.

ASPI rose 0.65% (145.47 pts) to 22,695.00 while the S&P SL20 gained 0.6% to 6,244.64. Market turnover exceeded Rs. 4.8bn with Ceylon Tobacco Company dominating turnover (Rs. 2.4bn) even as foreign investors were net sellers, extending YTD foreign outflows to Rs. 27.6bn.

Janashakthi Ltd (JXG) rose 37% on its CSE Main Board debut, closing at Rs.13.70 after a Rs.5 billion IPO priced at Rs.10. Nearly 125 million shares traded (25% of IPO), generating Rs.1.8 billion in turnover and 43% of the day's market turnover.

Janashakthi Limited (JXG.N0000) debuted on the CSE Main Board after raising Rs.5 billion through a 500,000,000-share IPO that was three times oversubscribed. The company says proceeds will fund expansion into general insurance, microfinance and NBFIs, overseas growth and debt repayment.

Janashakthi Life (a subsidiary of JXG) held its Annual Sales Awards 2026 at Cinnamon Life, recognising top-performing advisers, managers and sales staff across the island.

Janashakthi Ltd (JXG) will begin trading on the Colombo Stock Exchange tomorrow (29) after a Rs.5 billion IPO that was three times oversubscribed, attracting 20,397 applications for 1.5 billion shares worth Rs.15.16 billion.

Janashakthi Life concluded its Annual Sales Awards 2026 at Cinnamon Life, recognising top-performing advisors, managers and regional staff across the island. The event was attended by Janashakthi Insurance PLC leaders and JXG board members, highlighting the group's focus on performance and growth.

Janashakthi Limited told the CSE on April 24, 2026 that preferential allotments to non‑retail investors were made under Listing Rules after pre‑marketing and firm commitments to ensure the success of its Rs. 5 billion IPO, the largest on the CSE in 14 years.

Janashakthi Ltd (JXG) said it allocated 325 million shares (65%) to non-retail investors in its Rs.5 billion IPO—oversubscribed over three times—citing market sentiment shifts and premarket commitments amid Middle East tensions. Analysts questioned the absence of a formal holding period for preferential non-retail and employee allotments.

Janashakthi Finance PLC (BFN.N0000) launched "Shakthi", a women-focused fixed deposit product offering competitive returns and added benefits to encourage long-term saving. The product will be distributed via the company's branch network and digital channels and is offered by Janashakthi Finance, a subsidiary of Janashakthi Limited (JXG.N0000).