UN Global Compact Network Sri Lanka held CATALYZE 2026: Social on 24 June to mobilize businesses on social sustainability and responsible leadership; participants and partners included Jetwing Symphony PLC, Lighthouse Hotel PLC, Hemas Holdings, Commercial Bank, Sampath Bank and Elpitiya Plantations.
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Daily FT·Jul 3, 2026·Award or certificationPositive
UN Global Compact Network Sri Lanka held CATALYZE 2026: Social on 24 June with Jetwing Symphony/Lighthouse Hotel PLC Chairman Hiran Cooray as a keynote speaker. Listed partners and patrons included Elpitiya Plantations, Hemas Holdings, Commercial Bank and Sampath Bank.
Colombo Stock Exchange ASPI fell 0.65% to 22,263.28, with utilities leading turnover at Rs.486 million. Top movers included Lighthouse Hotel (+4.64%), HNB (+0.19%), Sampath (+0.17%) and Pan Asia (+1.29%); Windforce (-5.12%) and Hayleys (-0.94%) were top decliners, and Asia Asset Finance declared a Rs.0.70 dividend on its convertible preference shares.
The central bank hiked rates 100bp to 8.75%, and the Colombo Stock Exchange fell with the ASPI down 0.51% to 22,249.88; market turnover was Rs.2.99bn with insurance leading at Rs.2.6bn. Lanka Ashok Leyland proposed a final dividend of Rs30/share and Lighthouse Hotel declared a final dividend of Rs3/share.
Colombo market extended its positive streak to nine days as the ASPI rose about 34 points (0.17%) on turnover of Rs.5.28 billion. Key contributors included MELS, SEYB, CTC, ACL and SAMP; ACL rose Rs.6.50 while Access Engineering fell 30 cents, and foreigners were net sellers of Rs.36.2m.
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Colombo stock market opened higher as the ASPI rose 0.41% (up 65 pts) to 15,917; turnover was about Rs.2.0bn while foreigners were net sellers with a Rs.262.5mn outflow. Market momentum was driven by blue-chips and mid-caps, with notable activity in capital goods and food & beverage names.
The Lighthouse Hotel PLC acquired Dream Beach Resort Ltd in Ambalangoda for Rs. 356.1 million. The purchase gives the company the 21-room Hotel J Ambalangoda; Jetwing Group holds about 45% of Lighthouse and Mercantile Investments and Finance holds 17%.
Lighthouse Hotel (LHL.N0000) completed the purchase of Dream Beach Resort (100% of issued capital), a 21-room property in Ambalangoda known as Hotel J, for Rs356.1mn on 8 April 2025.