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CSE contends with up-and-down trend during the day but ends on high note

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CSE trading kicked off bullishly yesterday but selling pressure was noted in the middle of the day. Nevertheless, trading later recovered well due to a high investor sentiment, market analysts observed.Both indices showed mixed reactions. The All Share Price Index went up by 40.19 points while S and P SL20 declined by 11.09 points.

Turnover stood at Rs 10.5 billion with 13 crossings. Top seven companies that had crossings were; HNB 2.6 million shares crossed to the tune of Rs 1 billion; its shares traded at Rs 405, Sunshine Holdings 16 million shares crossed for Rs 479 million; its shares traded at Rs 30, Sampath Bank 2.2 million shares crossed for Rs 331 million; its shares sold at Rs 145.

Coco Lanka 90.8 million shares crossed to the tune of Rs 316 million; its shares traded at Rs 16, HNB (Non- Voting) 737,000 shares crossed for Rs 233 million and its shares traded at Rs 317, Digital Mobility Solutions 1.65 million shares crossed for Rs 194 million; its shares sold at Rs 118 and Commercial Bank 231,000 shares crossed to the tune of Rs 45.7 million; its shares traded at Rs 197.

In the retail market top seven companies that mainly contributed to the turnover were: Kandy Hotels Rs 752 million (61.4 million shares traded), Hotels Corporation Rs 525.5 million (19.3 million shares traded), HNB Rs 505 million (1.2 million shares traded), Sunshine Holdings Rs 485 million (16.5 million shares traded), Sierra Cables Rs 345 million (16 million shares traded), Sampath Bank Rs 230 million (1.57 million shares traded) and RIL Properties Rs 202 million (7.4 million shares traded). During the day 378 million share volumes changed hands in 45000 transactions.

It is said high that the hotel sector performed well, especially Kandy Hotels where high net worth and institutional investor participation was noted in HNB, HNB Finance, and HNB (Non -Voting). Mixed interest was observed in LVL Energy Fund, Sierra Cables and Sampath Bank, while retail interest was noted in Industrial Asphalts, UB Finance Company and Beruwala Resorts.

The Banking sector was the top contributor to the market turnover (due to Hatton National Bank, HNB (Non-Voting), and Sampath Bank), while the sector index gained 1.27 percent. The share price of HNB increased by Rs. 7 to close at Rs. 406. The share price of HNB (Non- Voting) edged up by Rs. 0.25 to close at Rs. 317.25. The share price of Sampath Bank appreciated by Rs. 2 to close at Rs. 147.

The Diversified Financials sector was the second highest contributor to the market turnover (due to HNB Finance), while the sector index decreased. The share price of HNB Finance gained Rs. 1 to close at Rs. 9.10.

LVL Energy Fund Ltd., was also included among the top turnover contributors. The share price of LVL Energy Fund Ltd., recorded a gain of Rs. 0.90 to close at Rs. 10.50.

Yesterday, the rupee opened at Rs 301.75/90 to the US dollar in the spot market , weaker from Rs 301.70/80 the previous day, while bond yields were up, dealers said.

By Hiran H Senewiratne ✍️



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HNB Assurance Recognized with Merit Award at the Great HR Awards 2025

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Team HNBA at the Great HR Awards

HNB Assurance PLC was recognized at the Great HR Awards 2025, receiving the Merit Award in the Finance, Insurance, Real Estate, and Investment sector. This recognition reflects the company’s continued commitment to strengthening its people strategy, nurturing a progressive culture, leveraging technology and maintaining strong industrial relations.

Sharing his thoughts on this accomplishment, Lasitha Wimalarathne, Executive Director / Chief Executive Officer of HNB Assurance PLC, stated, “This recognition reiterates our belief that people are the true drivers of our success. Over the years, we have invested significantly in building an environment where our teams feel inspired and supported to deliver their best. As we continue to grow as one of Sri Lanka’s best insurance companies, this award reflects our ongoing efforts to build a workplace where both our people and our business can thrive. My sincere thanks go out to our HR team for continuously driving these initiatives.”

Commenting on the award, Navin Rupasinghe, Head of HR / DGM at HNB Assurance PLC, said, “Our people-first philosophy shapes every HR initiative we design, from strengthening learning pathways and leadership development to enhancing employee well-being and engagement. This recognition validates our ongoing efforts to build a workplace culture grounded in trust, inclusivity and performance. As we look ahead, we remain committed to evolving our HR practices to meet the expectations of our people and the future of work. My sincere thanks to the CIPM for this recignition.”

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MullenLowe Sri Lanka named Creative Agency of the Year in South Asia

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MullenLowe Sri Lanka has been awarded Gold as the Rest of South Asia’s Creative Agency of the Year at the Campaign Agency of the Year Awards 2025, held recently at Mumbai’s ITC Maratha Hotel. The accolade marks a landmark year for the agency, driven by breakthrough ideas, ambitious brands, and a surge in economic activity.

Campaign Agency of the Year – South Asia 2025 (Rest of South Asia – Creative Agency) awarded to MullenLowe Sri Lanka

Guided by a clear creative vision and extensive category expertise across 111 brands in 33 sectors, MullenLowe strengthened its position through strategic leadership appointments, talent acquisition, and the integration of AI-enabled tools. These initiatives created an environment where creativity, learning, and commercial impact worked in tandem, supporting long-standing client relationships and consistent new business momentum.

Thayalan Bartlett, Executive Chairman, said, “Our growth is rooted in a people-first, creative-centred culture. By attracting top talent and focusing on continuous upskilling, we have enriched both our creative and strategic capabilities.”

The agency’s innovation was further enhanced by Fever, its AI-enabled production studio, and LoweGo, a subscription-based design unit, enabling faster and more scalable solutions for modern marketers. Training programs, including an international AI workshop in Baku for top creative minds, helped unify teams around technology-driven creativity, leading to MullenLowe’s highest Effie points haul in a decade.

Harendra Uyanage, Senior Vice President and Executive Creative Director, added, “This recognition celebrates a team that constantly stretches its creative boundaries, transforming every brief into opportunity.”

The win adds to a series of recent accolades, including Most Effective Agency of the Year at the 2024 Effie Awards, and multiple awards at Dragons of Sri Lanka and SLIM Digis 2025, cementing MullenLowe’s vision to become Sri Lanka’s most commercially impactful creative company by 2030.

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ComBank named Sri Lanka’s Best Trade Finance Bank at Euromoney Awards 2025

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Com Bank honoured for outstanding support to Sri Lanka’s trade sector

The Commercial Bank of Ceylon PLC was named Sri Lanka’s Best Trade Finance Bank at the prestigious Euromoney Transaction Banking Awards 2025, in recognition of the Bank’s strong performance and continued contribution to supporting Sri Lanka’s export and import sectors.

This global recognition from Euromoney, a leading authority in financial markets, celebrates institutions that demonstrate innovation, leadership, and measurable impact in transaction banking across cash management, payments, trade finance, and technology. Commercial Bank is Sri Lanka’s clear market leader in trade finance, commanding a 21% share in exports and a 14.26% share in imports, demonstrating its strong presence across both segments.

In 2024, the Bank supported over US$ 5 billion in trade transactions, underscoring its unmatched role in enabling the flow of goods, services, and foreign exchange. Its leadership has also been recognised regionally by the Asian Development Bank (ADB), which named Commercial Bank its Leading Partner Bank in Sri Lanka for the fourth consecutive year under the Trade and Supply Chain Finance Programme.

At the forefront of Commercial Bank’s recent innovations is ComBank TradeLink, Sri Lanka’s first fully integrated, end-to-end digital trade finance platform. The system brings all trade finance operations – from Letters of Credit to export collections and shipping guarantees – into one secure online interface, providing customers real-time visibility, faster processing, and paperless convenience. This digitalisation drive has redefined the client experience, reduced manual processes and improved turnaround times across thousands of transactions.

The Bank’s commitment to advancing Sri Lanka’s trade sector extends beyond technology. Through initiatives such as the ComBank Trade Club, which facilitates connections between buyers and suppliers both locally and internationally, and ComBank LEAP | GlobalLinker, a digital business networking platform for SMEs, the Bank is actively building bridges between Sri Lankan entrepreneurs and global markets. Its Diribala Exporter Development Programme further empowers micro, small, and medium enterprises to become export-ready, providing access to expert guidance, training, and financial support.

Reflecting on the award, Commercial Bank said the recognition from Euromoney was a tribute to the trust placed in the Bank by Sri Lanka’s exporters and importers, and to the dedication of its trade finance teams who continue to innovate and deliver excellence in a rapidly evolving global landscape.

As Sri Lanka’s largest private sector bank and the first to surpass US$ 1 billion in market capitalisation, Commercial Bank continues to lead in supporting national trade, driving digital transformation, and shaping a more inclusive and resilient export economy, the Bank said.

Commercial Bank was the first bank in the country to be listed among the Top 1000 Banks of the World, and has the highest Tier I capital base among all Sri Lankan banks. The Bank is the largest private sector lender in Sri Lanka and the largest lender to the country’s SME sector. Commercial Bank is also a leader in digital innovation and is Sri Lanka’s first 100% carbon-neutral bank.

Commercial Bank operates a network of strategically located branches and automated machines island-wide, and has the widest international footprint among Sri Lankan banks, with 20 branches in Bangladesh, a fully-fledged Tier I Bank with a majority stake in the Maldives, a microfinance company in Myanmar, and a representative office in the Dubai International Financial Centre (DIFC). The Bank’s fully owned subsidiaries, CBC Finance Ltd. and Commercial Insurance Brokers (Pvt) Limited, also deliver a range of financial services via their own branch networks.

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