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ASPI hits 10,000 point all-time high; buying interest in most counters

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By Hiran H. Senewiratne

Trading activities at the CSE were extremely bullish throughout yesterday mainly due to anticipated positive quarterly results from some corporates. Buying interest was witnessed in most counters in the market. Expolanka Holdings, Vallibel One, Kelani Cables and Watawala Plantations share prices significantly appreciated, market analysts said.

Amid those developments, the All-Share Price Index of the CSE ended at a record all time high, surpassing 10000 points and closing at the 10,074 .96 level. Consequently, both indices moved upwards; the All- Share Price Index moved up by 131.58 points and S and P SL20 rose by 46.89 points.

Turnover stood at Rs 6.81 billion with five crossings. Those crossings were reported in JKH, which crossed 650,000 shares to the tune of Rs 91 million, its shares traded at Rs 140, HNB (Non-Voting) 655,000 shares crossed for Rs 89.7 million, its shares traded at Rs 137, Expolanka Holdings 200,000 shares crossed for Rs 44.7 million, its shares traded at Rs 224, Hayleys PLC 300,000 shares crossed for Rs 30.9 million, its shares traded at Rs 103 and Amana Bank 7.3 million shares crossed for Rs 26.3 million, its shares fetching Rs 3.50.

In the retail market, five companies that mainly contributed to the turnover were; Expolanka Holdings Rs 2.3 billion (10.5 million shares traded), Vallibel One Rs 410 million (six million shares traded), Browns Investments Rs 393 million (36.8 million shares traded), ACL Cables Rs 279 million (five million shares traded) and LOLC Holdings Rs 275 million (425,000 shares traded). During the day 235 million share volumes changed hands in 42000 transactions.

During the day, price appreciations were noted in Expolanka, which appreciated by Rs 15.75 or eight percent. Its share price moved up to Rs 224.74 from Rs 209, thus contributing 70 points to the All -Share Price Index. Vallibel One share price appreciated by 9 percent or Rs 5.50. Its share price shot up to Rs 69.50 from Rs 64, Kelani Cables shares increased 24 percent or Rs 36.50. Its share price moved up to Rs 191.75 from Rs 155.25 and Watawala Plantations shares appreciated by 10 percent or Rs 5.90. Its share price moved up to Rs 66 from Rs 60.10.

Lanka Credit and Business Finance Ltd. (LCBF) is one of the newest entrants to the Non-Banking Financial Institution (NBFI) sector in Sri Lanka, having commenced operations in 2018 with the acquisition of a distressed entity under the supervision of the Central Bank of Sri Lanka (CBSL) and will go for an IPO. LCBF is to infuse a further Rs. 200 million via the IPO in the event of an under-subscription. Applications for the offer are being accepted now and the IPO will open today.

Yesterday, the US dollar rate was Rs 201.98, which was the controlled rate set by the Central Bank of Sri Lanka to prevent price escalation of essential consumer products.



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Financial literacy central to country’s development – CBSL Governor

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Dr. Nandalal Weerasinghe: ‘Financial literacy vital’.

By Hiran H. Senewiratne

Sri Lanka’s financial literacy rate is approximately 58 percent. Such literacy is absolutely necessary for the inclusion of people in the country’s financial system which in turn is central to overall economic development, Central Bank Governor Dr. Nandalal Weerasinghe said.

‘One needs to have knowledge and skills of a financial nature to figure in financial inclusiveness. While 86 percent of Sri Lanka’s population has access to the country’s financial system, 82 percent of the public has at least a savings account in the country’s banking system, Dr Weerasinghe said.

The Governor made these comments recently at the inauguration of Financial Literacy Month 2026 at the Central Bank’s Centre for Banking Studies, Rajagiriya.

Dr. Weerasinghe added: ‘Suitable, affordable and quality financial instruments are needed to enhance financial literacy in the country.

‘Financial information has to be accurate, risk-free and accountable, thus creating confidentiality in the financial system, which would enable the sector to reach greater heights’.

Meanwhile CBSL sources said: ‘The Literacy Month opened with the two-day ‘FinLit Expo Colombo’. The expo gives the public the opportunity to engage with institutions, better understand financial services, gain practical insights into managing their finances and learn how to protect themselves from financial fraud and scams.

‘The CBSL is leading the program in collaboration with stakeholder institutions. It forms part of the Financial Literacy Roadmap for Sri Lanka, which is implemented under the National Financial Inclusion Strategy (NFIS), the national framework for widening access to and use of formal financial services.

‘The Colombo event will be followed by six regional ‘FinLit Expos’ aimed at direct engagement with local communities. Partner institutions will also run awareness activities. Together, the events are intended to provide financial education to communities and encourage people to apply financial knowledge in everyday life.

‘A public awareness campaign on television, radio, newspapers and social media will extend the program’s reach. The program also includes digital financial literacy activities and the promotion of QR codes and other online payment methods.

‘The public and stakeholder institutions are encouraged to take part in the month’s activities under the theme, “Towards a Financially Literate Sri Lanka”.

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HUTCH strikes five awards as the only telco honoured at SLIM DIGIS 2.6

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HUTCH Sri Lanka strengthened its position as a leader in digital engagement by securing five accolades at SLIM Digis 2.6, emerging as one of the most recognized brands at this year’s digital excellence awards. The achievement was further highlighted by HUTCH being the only telecom operator to be recognized at the event.

Organized by the Sri Lanka Institute of Marketing (SLIM), SLIM Digis is Sri Lanka’s premier platform celebrating excellence, innovation, and outstanding achievements in the digital marketing industry. The recognition highlights HUTCH’s growing strength in digital-first, agile, and creative marketing, and its ability to respond to everyday moments, engage audiences, and deliver impactful digital campaigns.

The Gold Award for Best Use of Agile and Moment Marketing, a Silver for Best Use of Digital in a Marketing Campaign, and a Bronze for Best Performance Marketing were all awarded for “Keeping Sri Lanka Connected Through Ditwah,” HUTCH’s response to the cyclone that struck Sri Lanka in November 2025, recognised for the speed and relevance with which HUTCH kept customers better connected and informed.

HUTCH Roaming also earned two further Bronze awards for Best Use of Digital in a Marketing Campaign and Best Use of Creative Content. Bringing together AI-led storytelling, the campaign was designed around distinct customer clusters, each characterized by unique travel behaviours, needs, and perceptions, delivering relevant content for different audiences within a single overarching campaign.

“These wins are a strong reflection of how HUTCH approaches marketing today, staying close to the moments that matter to our customers and responding with speed, relevance, and creativity. Being the only telco recognised at SLIM DIGIS 2.6, and across five categories, is proof that agility and thoughtful storytelling can go hand in hand. This recognition reflects the collective efforts with our strategic partners, whose collaboration, expertise, and shared commitment brought great campaigns to life,” said Hamdhy Hassen, Chief Marketing Officer, HUTCH Sri Lanka.

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Fairway Colombo named Official Accommodation Partner of Manhunt International 2026

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(L-R): Gamunu Cooray, Ms. Tharushi Kulathunga, Avinga Wanigasekara, Arjuna Senanayake, and Jagath De Almeda at the signing ceremony held at Fairway Colombo.

Sri Lanka’s Smart Luxury Business Hotel to Host Delegates and Contestants from Over 40 Countries as the Island Nation Hosts Its First-Ever Global Pageant of This Scale

Fairway Colombo, a subsidiary of Fairway Holdings (Pvt) Ltd, has been appointed as the Official Accommodation Partner for Manhunt International 2026, one of the world’s most prestigious male pageants, scheduled to take place in Sri Lanka.

The event marks a historic milestone for Sri Lanka, as the country prepares to host a global pageant of this scale for the very first time. More than 40 contestants representing countries from across the world will arrive in Colombo, bringing together diverse cultures, international media attention, and a global audience — further strengthening Sri Lanka’s position as a premier destination for tourism, culture, and hospitality.

As the official accommodation partner, Fairway Colombo will welcome and host international delegates and contestants throughout their stay in Colombo, delivering the exceptional hospitality experience and personalized service that the hotel is recognized for.

A Landmark Partnership for Sri Lankan Tourism

“We are truly honored to be selected as the Official Accommodation Partner for Manhunt International 2026. This partnership is a proud moment not only for Fairway Colombo but also for Sri Lanka as a whole. Hosting an event of this global stature provides us with an opportunity to showcase our commitment to smart luxury, innovation, and authentic Sri Lankan hospitality to an international audience. We look forward to creating a memorable and seamless experience for all delegates and guests,” said Avinga Wanigasekara, General Manager of Fairway Colombo.

Strategically located in the heart of Colombo’s historic Fort district, Fairway Colombo is recognized as a Smart Luxury Business Hotel, combining modern comfort, advanced technology, and exceptional service. As part of Fairway Holdings (Pvt) Ltd, the property represents the group’s vision of delivering innovative, world-class experiences across the hospitality and leisure sectors.

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