📈 Dialog Axiata Overtakes JKH as Most Valuable Listed Company on CSE

• Dialog Axiata PLC has regained the top spot as the most valuable listed company on the Colombo Stock Exchange (CSE) after 11 years, overtaking long-standing dominant blue-chip John Keells Holdings (JKH). • Overall Market Status: The total market capitalization of the CSE rose by 2.04% from Friday, reaching Rs. 8.11 Trillion. • Top 5 Market Capitalization Breakdown: Dialog Axiata: Rs. 367.1 Bn (4.51% of total market cap) John Keells Holdings (JKH): Rs. 359.4 Bn (4.42% of total market cap) Ceylon Tobacco Company: Rs. 341.9 Bn (4.20% of total market cap) Commercial Bank: Rs. 320.9 Bn (3.95% of total market cap) LOLC Holdings: Rs. 268.0 Bn (3.30% of total market cap) • Remaining Top 10 Leaderboard: Distilleries Company: Rs. 261.7 Bn (3.22%) Melstacorp: Rs. 218.2 Bn (2.68%) Hayleys: Rs. 189.4 Bn (2.33%) Hatton National Bank: Rs. 185.7 Bn (2.28%) Cargills Ceylon: Rs. 177.8 Bn (2.19%) • Historical Context: While JKH has maintained the most consistency and longevity at the top of the Sri Lankan equity market for roughly four decades, telecommunications giant Dialog previously challenged the top spot following its 2005 listing. Other sectors like global logistics (Expolanka in 2021-2022) and diversified conglomerates (LOLC and Hayleys) have also briefly shifted rankings during exceptional market cycles.