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Dhammika Perera-led companies drive share market; tile sector counters attractive

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By Hiran H.Senewiratne

The CSE kicked off on a negative note in the early part of the session yesterday but buying interest developed during the middle of the session, mainly driven by companies led by local business magnate Dhammika Perera, especially tile sector counters. This was on account of the first interim cash dividend of Rs 6.50 per share on Lanka Tiles the previous day, market analysts said.

. Shares edged- up in mid- day trade, on Sri Lanka’s continued hopefulness of securing the long- awaited US $2.9 billion dollars from the IMF after China provided assurances on the agreement, a stock analyst said. The market had seen some profit- taking and selling pressures coming in, as the market is reviving on positive macroeconomic sentiments, he said.

“There has been a renewed interest for retail indexes, while banking and financial sectors have been slow since they were on an uptrend since the news of the IMF broke out, he added.

Both indices moved upwards. The All- Share Price Index went up by 55.26 points and S and P SL20 rose by 13.7 points. Turnover stood at Rs 2.49 billion with six crossings. Those crossing were reported in Hayleys PLC where 2.8 million shares crossed to the tune of Rs 218 million, its shares traded at Rs 78, Melstacorp 1.6 million shares crossed for Rs 98.76 million and its shares traded at Rs 60, Lanka IOC 194,000 shares crossed to the tune of Rs 38.9 million; its shares fetched Rs 200, Alumex PLC 4.2 million shares crossed for 36 million; its shares traded at Rs 8.50, Royal Ceramic one million shares crossed to the tune of Rs 34 million and its shares fetched Rs 34 and HNB 200,000 shares crossed for Rs 27 million and its shares traded at Rs 135.

In the retail market top companies that mainly contributed to the turnover were: Royal Ceramic Rs 168 million (4.9 million shares traded), JKH Rs 117 million (831,000 shares traded), Lanka Wall Tiles Rs 112 million (1.9 million shares traded), ACL Cables Rs 107 million (1.3 million shares traded), Lanka Tiles Rs 105.2 million (two million shares traded), Richard Peiris Rs 102.6 million (4.5 million shares traded) and Softlogic Capital Rs 91 7 million (eight million shares traded). During the day 97.4 million share volumes changed hands in 24000 transactions.

It is said high net worth and institutional investor participation was noted in Hayleys, HNB and Expolanka Holdings. Mixed interest was observed in JKH, Capital Alliance and Sampath Bank, while retail interest was noted in Browns Investments, LOLC Finance and Sierra Cables.

The Capital Goods sector was the top contributor to the market turnover (due to Hayleys and JKH) while the sector index edged- down by 0.09 per cent. The share price of Hayleys gained by 40 cents to Rs. 77.40. The share price of JKH inched up 25 cents to Rs. 140.25.

The Banking sector was the second highest contributor to the market turnover (due to HNB), while the sector index increased by 0.33 per cent. The share price of HNB increased by Rs. 7.25 (5.68 per cent) to Rs 135.Yesterday, the rupee opened at Rs 312/318 to the US dollar and was quoted around Rs 318/319 to the dollar in late morning trade in the spot market, dealers said.



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Dr Asanka Senanayake named most popular dentist at BWIO Awards

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Founder of Shine Dental Care Dr. Asanka Senanayake receiving the award

Dr. Asanka Senanayake, founder of Shine Dental Care centres—which provide dental services across multiple locations—was recently honoured as the Most Popular Dental Doctor of the Year at the Business World International Awards 2025.

The awards, organised by the US-based Business World International Organisation (BWIO), recognised outstanding business ventures and professionals across various industries. The ceremony was held recently at the Mount Lavinia Hotel in Colombo.

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Another 43 Ceylinco Life sales officers graduate with diplomas in Financial Sales Management

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Ceylinco Life’s latest batch of graduates in Financial Sales Management with Directors of the company and representatives of SLIM.

A group of 43 sales officers of Ceylinco Life recently graduated with diplomas in Financial Sales Management, under a programme tailor-made for the life insurance market leader by the Sri Lanka Institute of Marketing (SLIM).

Covering subjects such as Financial Planning, Communication, Analytical Skills Development, Time Management, Financial Markets, and Taxation among others, the bespoke diploma programme was introduced by Ceylinco Life to enhance the skills, knowledge, and competencies of its sales personnel, and to nurture a highly proficient sales force capable of tapping into premier markets and delivering exceptional services to customers.

The nine-month course programme includes contemporary coursework, examinations and assignments to ensure a well-rounded education for the candidates.

Speaking at the graduation ceremony, Ceylinco Life Executive Director/Chief Operating Officer Samitha Hemachandra said the company had from its inception, placed special emphasis on developing and rewarding professionalism among the members of its sales force. “We led the way in equipping our sales professionals with digital tools, pushed them to obtain professional qualifications from leading international bodies relating to life insurance, to qualify for Million Dollar Round Table membership, and to improve their knowledge in finance,” he said. “As a result, they have earned the respect of the community and their peers, and built stable and lucrative careers with Ceylinco Life.”

SLIM President Prof. Jayantha N. Dewasiri said: “Promoting professional competence as a contributor to the economic growth of our country is one of the objectives of SLIM. In furtherance of this, we provide professional education to thousands of Sri Lankans every year, and are happy to support Ceylinco Life’s efforts to advance the careers of its sales officers though professional development. This is an example to other corporate entities.”

Ceylinco Life’s senior directors Messrs. Devaan Cooray and Palitha Jayawardena, Director/Deputy CEO Ranga Abeynayake, SLIM Vice President – Education & Research Dr Dilhan Sampath Jayatilleke, CEO Chamil Wickremasinghe other distinguished guests attended the graduation ceremony at the Ceylinco Life Auditorium.

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ComBank and Senok unveil special offers on construction machinery and equipment

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Commercial Bank Deputy General Manager – Personal Banking S. Ganeshan and the Deputy Managing Director of Senok Trade Combine Mr Ranjan Dahanayake exchange the MoU in the presence of representatives of the two companies.

Companies in the construction sector have been provided an opportunity to acquire new equipment through affordable leasing options created via a collaboration between the Commercial Bank of Ceylon and Senok Trade Combine (Pvt) Ltd., which represents global brands in construction machinery and equipment.

A memorandum of understanding signed by the two organisations provides for a series of special benefits to be provided to customers who purchase JCB and Kobelco branded construction equipment from Senok under a customised leasing package provided by Commercial Bank.

The benefits include special prices and lower interest rates, customised payment plans with attractive and affordable rentals, and the first three services at 50, 250 and 500 hours, free of charge.

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