Colombo Stock Exchange ASPI rose 4.21% to 21,917.60 as a US two-week ceasefire announcement drew investors back, with turnover at Rs.6.61 billion and banks driving activity. Top contributors included John Keells, Commercial Bank, Hatton National Bank, Dialog Axiata and Colombo Dockyard.
Colombo Stock Exchange rose as the ASPI gained 0.55% (116.65 pts) to 21,182.83, with bank stocks leading turnover of Rs.370 million. WindForce filed to issue up to 40 million green bonds to raise Rs.4 billion; top movers included Sampath, ACL Cables and Dialog while HNB and John Keells weighed on the index.
Fuel & Energy PricesRenewable Energy
Ada Derana·Mar 31, 2026·Promotional / marketingPositive
Dialog Axiata PLC is offering the Samsung Galaxy S26 Series in Sri Lanka via its retail and digital channels, pairing the flagship devices with Dialog's 5G Ultra network. Sales began 15 March after an exclusive first-customer experience on 12 March, with TRC-approved devices and special offers for Dialog customers.
Daraz Sri Lanka launched its Avurudu Wasi campaign (27 Mar–8 Apr) offering Rs.50 million in vouchers, free delivery and discounts up to 85%, plus Brand Rush Hour deals from 60 brands. Payment partners include Commercial Bank, Sampath Bank, DFCC and Nations Trust Bank, and Dialog is a participating brand.
Dialog Axiata PLC expanded its 5G network to over 800 live sites across 24 districts, marking the fastest 5G rollout in Sri Lanka. The move builds on an earlier commercial launch (220+ sites, 1.5M+ subscribers) and includes new-district coverage and 5G Experience Zones at Iconic, WTC and Kandy.
Sri Lanka's ASPI rose 3.38% to 21,784.11 and the S&P SL20 climbed 3.63% to 6,123.82; market turnover was Rs.2.3bn. Top contributors included Hatton National Bank, Commercial Bank, John Keells, Melstacorp and Dialog, while food, beverage & tobacco led turnover (Rs.834m).
Fuel & Energy PricesConsumer Staples (FMCG)Tourism
Dialog Axiata PLC launched the Dialog Play Mini, a 4K-ready plug-and-play set-top device offering integrated access to Netflix, Apple TV, YouTube and Dialog Play. The device is available islandwide with multiple connectivity options and local warranty.
IT & Digital
Ada Derana·Mar 24, 2026·Promotional / marketingPositive
Dialog Axiata (DIAL.N0000) expanded its 5G network to over 800 live sites across 24 districts, marking the fastest 5G rollout in Sri Lanka. The rollout builds on 220+ commercial 5G Ultra sites serving ~1.5 million subscribers and includes new 5G Experience Zones in Colombo and Kandy.
ASPI fell 1.33% to 20,364.97 as the market reacted to Middle East tensions and rising crude oil prices. Market turnover was Rs.2.37bn, the market has lost over Rs.1.1tn since 28 Feb, primary negative contributors were DOCK, JKH, RIL, DIAL and CFIN, while JKH, SINS and DIAL saw largest foreign outflows and PKME, WIND and TAP largest inflows.
Colombo Stock Exchange rose as Brent crude fell below $110, with the ASPI up 0.85% to 20,436.53. Turnover was 682 million rupees, led by gains in Sampath Bank, Melstacorp and Dialog Axiata.
Deputy Minister says QR-based National Fuel Pass glitches were fixed within three days and the platform is now stable; system, developed at no cost by the IT Ministry and Dialog, has 5,094,566 users and 5,103,991 linked vehicles.
Colombo Stock Exchange fell 3.47% to 20,939.26, wiping out about Rs.701 billion in value since Feb 28 amid concerns over the Middle East conflict. The S&P SL20 dropped 3.28% to 5,884.93, turnover was ~Rs.6.6bn, and major decliners included JKH, COMB, HNB, DIAL and DFCC.
Dialog Axiata PLC has launched the Oscal Tiger 8 5G, an affordable 5G smartphone now available through its islandwide retail and channel partner network. The device offers up to 24GB RAM (8GB + 16GB expansion), a 6.88" HD+ display, 16MP main camera, microSD support to 2TB, NFC and Dialog data bundle benefits.
Colombo Stock Exchange fell sharply as the ASPI dropped 3.47% (753.29 pts) to 20,939.26 and the S&P SL20 fell 3.17% to 5,891.67, with major decliners including John Keells, Dialog Axiata, Commercial Bank, HNB and DFCC. Siyapatha Finance, a Sampath Bank subsidiary, received CSE approval in principle to list Rs.3.75bn of 11.50% debentures.
Tourism
Ada Derana·Mar 13, 2026·Promotional / marketingPositive
Dialog Axiata PLC launched the Oscal Tiger 8 5G, an affordable 5G smartphone now available islandwide offering up to 24GB RAM (8GB + 16GB expansion), a 6.88” HD+ display, 16MP camera, microSD up to 2TB, NFC and Dialog data-bundle benefits.
Asia Securities convened 150+ investors and corporate leaders at the Sri Lanka Investor Conference 2026 to present a constructive capital-market outlook, with speakers citing roughly 4% GDP growth prospects for 2026. Panels highlighted construction, banking/finance, consumer and digital sectors as key growth drivers and projected strong corporate earnings expansion.
Colombo market rebounded as the ASPI rose 2.17% (474.38 pts) to 22,378.52 after global oil prices fell below $95/bbl, with gains led by banks and blue-chips including HNB, SAMP, COMB and DIAL and turnover of about Rs.4.48bn.
Fuel & Energy PricesConsumer Staples (FMCG)Tourism
Colombo Stock Exchange's ASPI rose 2.17% to 22,378.52 on Tuesday as global oil fell below $100/bbl. Hatton National Bank, Sampath Bank, Commercial Bank and Dialog Axiata were top positive contributors; Softlogic Holdings (up 47.22% after six crossings) and Renuka Hotels saw notable turnover.
Fuel & Energy PricesConsumer Staples (FMCG)
Ada Derana·Mar 9, 2026·Promotional / marketingPositive
Dialog Axiata PLC launched a 24/7 trilingual (Sinhala, Tamil, English) AI Chat & Voice Bot on Yeheli.lk to provide free, anonymous mental-health and wellbeing support, linking users to partners and qualified professionals.
IT & DigitalHealthcare & Pharma
Daily FT·Mar 6, 2026·Major contract or orderPositive
Dialog Axiata (DIAL.N0000) signed an agreement with Ericsson to deploy 5G RAN nationwide, supplying 3.5 GHz Massive MIMO radios, Ericsson 5G Advanced software and cloud-native infrastructure to expand coverage and enterprise services. Dialog currently operates Sri Lanka's largest 5G network with over 1.5 million subscribers.
IT & Digital
Ada Derana·Mar 5, 2026·Major contract or orderPositive
Dialog Axiata (DIAL.N0000) signed an agreement with Ericsson to deploy 5G RAN on the 3.5 GHz band, supplying Massive MIMO AIR 3219, 5G Advanced software and cloud-native infrastructure to expand nationwide 5G coverage and enterprise services. Ericsson will provide rollout, integration and optimization support.
The ASPI rose 256.12 points (1.13%) to 22,833.53, with the S&P SL20 up 68.14 points to 6,425.80; heavyweight contributors included John Keells, DFCC Bank, NDB, Dialog Axiata and Commercial Bank, and turnover was Rs.5.68bn.
Ada Derana·Mar 4, 2026·Promotional / marketingPositive
Dialog Axiata (DIAL.N0000) will provide a free 2TB data bundle (350GB/month for six months) to customers who pre-order Samsung's Galaxy S26 in Sri Lanka during the promotional period (27 Feb–5 Mar 2026).
Colombo market closed marginally higher: ASPI +0.05% (12.48 pts) at 23,703.10 and S&P SL20 +0.06% at 6,685.27 on turnover >Rs.4bn. Diversified financials, capital goods and banking led activity with CDB, DIAL, PLR, JKH and DOCK as key positive contributors while foreigners were net sellers (Rs.72m; YTD outflow Rs.15.9bn).
Colombo stocks closed in red, with the ASPI down 0.39% (92.40 pts) to 23,690.62 and the S&P SL20 down 0.71% to 6,681.12 on turnover of nearly Rs.3.7bn. Price losses in John Keells, Melstacorp and Nations Trust Bank were key negatives while ACL Cables, Access Engineering and Dialog were top turnover names.
Construction ActivityIT & DigitalConsumer Staples (FMCG)
Ada Derana·Feb 20, 2026·Promotional / marketingPositive
Dialog Axiata PLC partnered with Xiaomi to introduce the Redmi Note 15 5G Series in Sri Lanka, offering the Redmi Note 15 5G and Redmi Note 15 Pro+ 5G through Dialog retail outlets, authorised dealers and online channels on Dialog’s 5G Ultra Network. Models feature Snapdragon processors, high-megapixel cameras and various RAM/storage options.
Colombo bourse dipped as the ASPI fell 0.21% to 23,870.07 despite net foreign inflows of Rs.37 million after 22 days of outflows. Capital goods led turnover; John Keells and Hayleys rose while Sampath, Colombo Dockyard, Dialog, DFCC and Commercial Bank were among the negative contributors.
ASPI rose 0.80% (190.27 pts) to 23,900.11 and the S&P SL20 gained 1.38% to 6,710.33, led by strength in large-cap banking stocks. Market turnover was over Rs.5.6bn, foreign investors were net sellers of Rs.167.6m, with HNB, SAMP, COMB, DOCK and NDB among top positive contributors.