By Hiran H.Senewiratne
CSE activities were volatile during early sessions yesterday but turned stable later. The market witnessed a steep decline during the last two days, moving downwards by 470 points during the last two sessions on Monday and Tuesday. It is said that from February 1st to 23rd this year CSE activities were down by 1339 points. However, selling pressure was noted on banking sector counters, stock market analysts said.
According to analysts the market’s recent downward trend has been disappointing. They advise investors to take advantage of the current weakness and focus on accumulating fundamentally robust and liquid stocks in high growth sectors within a long term investment horizon.
Sri Lanka Telecom PLC(SLT), the National ICT and Telecommunications Services Provider, has been recognised as one of the ‘ 10 Most Admired Companies in 2020’ in Sri Lanka, for its continuous efforts in empowering Sri Lankans. The prestigious title was presented to SLT at the awards ceremony held recently, for being a role model to […]
AIA Insurance held its first ever Digital Annual Sales Convention, to celebrate and recognize the company’s top performers in 2019. Held under the theme ‘Awaken the Superhero in You’, the digital event saw the participation of 2663 Wealth Planners from across the island convene in a digitally glamourous celebration of their success. The winners were recognized for their commitment and dedication to going above and beyond their call of duty in serving AIA’s customers and emerging on top of their game.
The highlight of the evening was the four awards given out to recognize the best performers of 2019. This year’s winner of the ‘Best Wealth Planner Award’ was Ms. K. D. Maddrakini Thakshila from the Moratuwa Area Development Office (ADO). Ms. U. A. M. Sanjeewani Somarathna from the Kandy Main Distribution Unit and S. P. S. Rodrigo from the Colombo Metro Distribution Unit were 1st and 2nd Runners Up, respectively.
Trade Finance and Investments PLC (TFI), a well-established financial service provider in Sri Lanka for over 35 years, has been amalgamated into one of Sri Lanka’s pioneering finance companies, Commercial Credit and Finance PLC (CCF). The amalgamation, which came into effect from December 31, 2020 was subject to the shareholders of both companies approving the […]