Business and Economics
HNB relocates Haputale customer center

HNB relocates Haputale customer center to new facility cementing its presence in the region and responding to increased customer demand,

HNB PLC opened its relocated Haputale Customer Centre is situated on the Badulla Road, Haputale.

The state-of-the-art customer center designed to offer customers in and around Haputale a new paradigm in banking services will be open for business every weekday from 9 a.m to 3 p.m.

The new premises provide customers with a completely new spectrum of banking services and products.

The customer center was inaugurated by HNB Assistant General Manager Network Management, Vinodh Fernando who was joined by Guest of Honour, Haputale Mayor, Sampath Lamahewa and senior representatives of the bank including,
Samsung Sri Lanka launches Galaxy Note20, Note20 Ultra 5G

Samsung, Sri Lanka’s No. 1 smartphone brand opened pre-bookings for its flagship Galaxy Note20 and Galaxy Note20 Ultra – the ultimate smartphones for work and play which are both 5G ready devices. Samsung is also offering the newly launched Galaxy Buds Live free on every purchase of the Note20 Ultra while Free Galaxy Buds+ come with the Note20. The series will be available in new Mystic colours-soft neutral tones that transcend changing trends with a brand new Timeless Premium Design that has a textured haze effect that cuts down on fingerprints and smudges.
“In Sri Lanka, we have a huge base of Note loyalists, who upgrade their Galaxy Note year after year because it offers what no other smartphone does – ultimate power and productivity. Galaxy Note20|Galaxy Note20 Ultra 5G take power and productivity to the next level and, help consumers maximize work and play while they stay connected.

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ASPI loses steam, S&P SL20 index decreases - Acuity Stock Brokers

The Bourse ended the week on a negative note as the ASPI decreased by 61.51 points (or -1.14%) to close at 5,320.87 points, while the S&P SL20 Index also decreased by 33.80 points (or -1.41%) to close at 2,360.38 points.

Turnover & Market Capitalization

Commercial Bank was the highest contributor to the week’s turnover value, contributing LKR 1.71Bn or 19.67% of the total turnover value. JKH followed suit, accounting for 14.58% of turnover (value of LKR 1.27Bn) while DFCC Bank contributed LKR 0.83Bn to account for 9.49% of the week’s turnover. Total turnover value amounted to LKR 8.72Bn (cf. last week’s value of LKR 11.06Bn), while the daily average turnover value amounted to LKR 1.74Bn (-21.22% W-o-W) compared to last week’s average of LKR 2.21Bn. Market capitalization meanwhile, decreased by 8.71% W-o-W (or LKR 220.63Mn) to LKR 2,312.51Bn cf. LKR 2,533.14Bn last week.

Liquidity (in Value Terms)

The Banks Industry Group was the highest contributor to the week’s total turnover value, accounting for 39.60% (or LKR 3.45Bn) of market turnover. Industry Group’s turnover was driven primarily by Commercial Bank, DFCC Bank, Sampath & HNB which accounted for 89.85% of the sector’s total turnover.

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