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Investor sentiment dips amid mixed signals from West Asian peace bid

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CSE investor sentiment dropped yesterday amid what seemed to be an initial lack of clarity over the signing of the ceasefire agreement between the US and Iran, market analysts said.

Amid those developments both indices moved downward. The All Share Price Index went down by 88.08 points while the S and P SL20 declined by 4.35 points.

Turnover stood at Rs 1.86 billion with five crossings. NDB 796,000 shares crossed for Rs 87.6 million and its shares traded at Rs 110, Dialog Axiata 500,000 shares crossed to the tune of Rs 23 million; its shares traded at Rs 46, Singer SriLanka 300,000 shares crossed to the tune of Rs 22.8 million; its shares sold at Rs 76.10, Sampath Bank 150,000 shares crossed for Rs 21.8 million; its share s traded at Rs 145 and CIC Holdings 625,000 shares crossed for Rs 20 million; its shares traded at Rs 32.

In the retail market companies that mainly contributed to the turnover were; Hemas Holdings Rs 281 million (8.6 million shares traded), Dialog Rs 127 million (2.8 million shares traded), NDB Rs 101 million (916,000 shares traded), JKH Rs 62 million (three million shares traded), Lanka Realty Investments Rs 55 million (948,000 shares traded), Commercial Bank Rs 52 million (248,000 shares traded) and Central Finance Rs 40 million (177,000 shares traded). During the day 75.6 million share volumes changed hands in 18167 transactions.

It is said banking sector counters, especially NDB and Sampath Bank, performed well while telecom sector counters, especially Dialog, were also active at the floor. Manufacturing sector, especially JKH, performed well too.

Yesterday the rupee was quoted at Rs 333.50/334.00 to the US dollar in the spot market from Rs 333.90/334.20 the previous day, while bond yields were down further as the market continued to rally, dealers said.

The telegraphic transfer rate for Sri Lanka’s rupee against the US dollar was 329.50 buying, Rs 338.50 selling; the euro was Rs 374.8506 selling, Rs 388.7676 buying; and the pound was Rs 433.7044 buying, Rs 447.7500 selling.

By Hiran H. Senewiratne



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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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