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CSE closes the week with an uninterrupted sequence of success

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By Hiran H.Senewiratne

The Colombo Stock Exchange (CSE) yesterday kicked off with selling pressure on its shares. However, share trading bounced back later and crossed the 15,500 mark reaching yet another new milestone.

Obviously market activities were very positive due to the conclusion of debt restructuring process as well as the upgrading of ratings by the Rating Agencies, coincidentally just before the end of the year.

This has built up confidence in local and foreign investors thus giving them enough reason to expect the continuation of current positive economic trends, market analysts said.

Amid those developments both indices moved. The All Share Price Index up by 135.1 points while S and P SL20 up by 79.95 points. Turnover stood at Rs 9.8 billion with ten crossings.

Those crossings were reported in HNB, which crossed 7.5 million shares to the tune of Rs 2.2 billion and it’s share price traded at Rs 298, Seylan Bank 3.5 million shares crossed to the tune of Rs 245 million and its share price traded at Rs 70, LOLC Holdings 224,000 shares crossed to the tune of Rs 155 million and its share price traded at Rs 700, Hayleys Fabrics 2.4 million shares crossed to the tune of Rs 132 million and it’s share price traded at Rs 55, Commercial Bank 300,000 shares crossed to the tune of Rs 41.8 million and it’s share price traded at Rs 139.75, Eden Hotel two million shares crossed to the tune of Rs 34 million and it’s share price traded at Rs 17, DFCC 303,000 shares crossed to the tune of Rs 28.4 million and it’s share price traded at Rs 93.70, Sampath Bank 200,000 shares crossed to the tune Rs 24.50 and its share price traded at Rs 112.50, JKH one million shares crossed to the tune of Rs 22.3 million and it’s share price traded at Rs 22.30 and Maravila Hotels three million shares crossed to the tune of Rs 21 million and its share price traded at Rs 7.

In the retail market, top six performing companies that contributed to the turnover were LOLC Holdings Rs 511 million (738,000 shares traded), Commercial Bank Rs 403 million (2.8 million shares traded), HNB Rs 392 million (1.3 million shares traded), LMF Rs 306 million (6.6 million shares traded) DFCC Rs 303 million (3.1 million shares traded) and Browns Investments Rs 285 million (40 million shares traded) During the day 293 million shares volumes changed hands in 43000 transactions.



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Ceylinco Life agent among three global finalists for award

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Ceylinco Life’s Ambalantota branch agent AIP Manjula

Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.

The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.

Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.

The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.

The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.

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CEAT Kelani retains AA+ rating for sixth year

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CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.

The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.

Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.

The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.

Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.

The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.

CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.

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Commercial Bank leads nationwide aquatic clean-up drive

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Sanath Manatunge, Managing Director/CEO of Commercial Bank and some of the Bank’s staff participating in the coastal cleanup programme

Commercial Bank of Ceylon mobilised employees, customers, volunteers and community members for a nationwide coastal and aquatic clean-up campaign across 20 locations on September 19 to mark International Coastal Cleanup Day 2026.

Conducted under the bank’s sustainability platform, themed ‘Forward Together for a Cleaner Future’, the initiative covered 16 coastal locations and four inland waterways, bringing together stakeholders for a coordinated environmental conservation effort.

The flagship programme was held at Mount Lavinia Beach, with additional activities at Wellawatte and Galle Face beaches. Similar initiatives were conducted by the bank’s regional offices at locations including Kalutara, Negombo, Trincomalee, Batticaloa, Puttalam, Jaffna, Galle, Dondra, Tangalle and along the Mahaweli River.

Employees, management, Future Force volunteers, customers and their families participated alongside the Marine Environment Protection Authority (MEPA), United Nations Global Compact Network Sri Lanka, government and local authorities, environmental organisations and community members.

The bank said the initiative reflected its commitment to water stewardship after adopting Sustainable Development Goal 6 — Clean Water and Sanitation — as a priority goal in 2025.

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