*JKSB Opening Bell – News Snippets* 🔔 *07.02.2025* *Top IMF official meets Sri Lanka President ahead of budget* “IMF Executive Director Dr. Krishnamurthy Subramanian met Sri Lanka President Anura Kuara Disanayake, the President’s office said, ahead of the new government’s first full year budget scheduled to be presented on February 17.” https://economynext.com/top-imf-official-meets-sri-lanka-president-ahead-of-budget-203902/ *Fitch upgrades ratings of 4 Sri Lankan insurers, affirms ratings of 3* “Fitch Ratings has upgraded the National Insurer Financial Strength (IFS) Ratings of 4 Sri Lankan insurers and affirmed that of three, following the recent sovereign upgrade and recalibration of the agency’s Sri Lankan national rating scale.” https://economynext.com/fitch-upgrades-ratings-of-4-sri-lankan-insurers-affirms-ratings-of-3-203849/ *Sri Lanka stocks close up, led by capital goods* “The ASPI closed up 0.57 percent, or 94.53 points, at 16,550.63; while the more liquid S&P SL20 Index closed up 0.52 percent, or 25.25 points, at 4,923.29.” https://economynext.com/sri-lanka-stocks-close-up-led-by-capital-goods-203826/ *Sri Lanka’s HNB completes acquision of Acuity Partners, renames as HNB Investment Bank* “Hatton National Bank PLC (HNB), Sri Lanka’s second largest Private Bank, has completed the acquisition of Acuity Partners from listed private lender DFCC Bank PLC and renamed the company as HNB Investment Bank, it said in a statement.” https://economynext.com/sri-lankas-hnb-completes-acquision-of-acuity-partners-renames-as-hnb-investment-bank-203837/ *ComBank upsizes Green Bond issuance to Rs. 15 b* “Commercial Bank PLC has announced the issuance of Rs. 15 billion worth Green Bonds as opposed to Rs. 5 billion indicated previously.” https://www.ft.lk/front-page/ComBank-upsizes-Green-Bond-issuance-to-Rs-15-b/44-772741 *Hemas Holdings reports Rs. 3 b earnings in Q3* “Hemas Holdings PLC recorded earnings of Rs. 3 billion, a 36.3% growth in consolidated earnings, for the quarter ended on 31 December 2024 (Q3 of FY25).” https://www.themorning.lk/articles/S4pWtY92qpB1I4vCQ7zh