The Bourse concludes on a mixed note

Size: px
Start display at page:

Download "The Bourse concludes on a mixed note"

Transcription

1 The Bourse concludes on a mixed note. 6,200 6,150 6,100 6,050 6,000 5,950 Open Mon Tue Wed Thu Fri ASPI This Week ASPI Last Week The bourse demonstrated a mixed note during the day, resulting in the indices to close on 2 different directions. The ASPI managed to stay in the green terrain at the weekly closure and ended at 6, gaining a minute 0.13 points. However, the S&P SL20 closed negative losing 9.71 points or 0.28% to settle the day at 3, The aggregated turnover for the day was LKR Mn, indicating a dip of 60.63% against the previous trading day; the top 3 contributors for the day DIST, CERA & TJL clutched a 35.17% share of the daily aggregated turnover. 6, , , , , , , , ,500 3,480 3,460 3,440 3,420 3,400 3,380 One year TB rate up by 5bp to 10.57%, having dropped for the past 10 weeks USD Closed at week lowest LKR /- 5-Aug-13 6-Aug-13 7-Aug-13 8-Aug-13 Open Mon Tue Wed Thu Fri S&P SL20 This Week S&P SL20 Last week Distilleries Company of Sri Lanka PLC (DIST) emerged strong on the subscription list for the daily turnover providing a notable LKR 42.19Mn while accounting to nearly 15% of the daily turnover; the counter was predominantly supported by an off market deal of LKR 39Mn, where a total quantity of 200K shares were blocked at price 195/-. As at the daily closure, DIST settled at its highest traded price for the day LKR /-, gaining LKR 2.60/- or 1.35%. Standing next in line, Lanka Ceramic PLC (CERA) recorded a total turnover LKR 36.30Mn resulted via 3 trades, and closed the day at LKR 121/- (up by LKR 1/- or 0.83%). Further, CERA witnessed a sizable on-board block of LKR 36.30Mn where shares totaling up to 300K were blocked at price LKR 121/-. Textured Jersey Lanka PLC (TJL) made a subscription of LKR 21.87Mn to the daily turnover, while being the top sought after counter during the day logging 387 trades to result in a quantity of 1.56Mn shares being dealt within the price range of LKR 13.60/- & LKR 14.20/-. TJL settled the day at its new 52 week apex of LKR 14.20/- gaining a substantial LKR 0.60/- or 4.41% within the trading day, backed by strong foreign interest worth LKR 8.72Mn.

2 Under the sectorial summary, Manufacturing (MFG) sector stood out as the prime contributor providing LKR 69.98Mn, while accounting to nearly 1/4 of the aggregated turnover for the day. Further, Bank Finance & Insurance (BFI) sector added LKR 65.59Mn to the daily turnover; BFI grabbed the highest investor interest within the day charting 1,163 trades, which resulted in a total quantity of 4.01Mn shares being traded. The total traded volume for the day amounted to 11.32Mn shares, indicating a drop of 72.06% against its previously recorded. Price losers surpassed the price gainers by 93:79; where, J.L. Morison Sons & Jones (Ceylon) PLC (14.51%) took the lead under the list of gainers, while PC Pharma PLC (-13.33%) led the price losers. Foreign participants were bullish during the day, to result in a net foreign in flow of LKR 32.98Mn (foreign buying amounted to LKR 57.18Mn & selling amounted to LKR 24.19Mn); this resulted in the year to date net foreign inflow to touch the LKR 16.34Bn. Week at a Glance The bourse commenced the week with a low turnover & volume; Indices were gradually declined amidst the inactive market sentiment. However, on Tuesday onwards the trend has been reversed and both indices entered into green territory. The positive sentiment improved further on Wednesday to facilitate the market turnover to pass LKR 700Mn mark. At the closure, ASPI has dipped points or 0.06% and the S&P SL20 index has also dropped by points or 0.58% during the week. Notable positive contributions with healthy price appreciations have been stemmed from Nestle Lanka PLC (+13.15%), Textured Jersey Lanka PLC (+8.4%), Sanasa Development Bank PLC (+6.17%), Access Engineering PLC (+3.9%), Colombo Investment Trust PLC (+7.67%) and Tokyo Cement Company (Lanka) PLC (+3.07%) while, gradual losses were witnessed on counters such as PC Pharma PLC (-18.75%) and PCH Holdings PLC (-15.38%). The week recorded a turnover of LKR 1.83Bn supported by 8 crossings totaling up to LKR 526Mn accounting to significant 28.73% to the aggregated weekly turnover, which was a shrinking of % compared to the previous week. The three prime contributors of the week s turnover were Chevron Lubricants Lanka PLC (LKR Mn) supported by 02 off the market transactions worth of Mn crossed at LKR /-, John Keells Holdings PLC (LKR Mn) backed by an off-board block where 353K shares were crossed at price LKR 268/- and Distilleries Company of Sri Lanka PLC (LKR Mn) supported by 3 negotiated transactions totaling up to Mn crossed within the price range of LKR 192/- to LKR 195/. Further, the aggregated turnover recorded by the top three subscribers made a noteworthy 35% contribution to the weekly turnover. As at the week s closure, LLUB stood at LKR 313/- up by LKR 3/-, JKH closed at LKR 265/- down by LKR 1/- and DIST closed at LKR /- up by LKR 5/-. Other crossing makers during the week were NEST (LKR 45Mn) and LIOC (LKR 51Mn) respectively. During the week, a total of 91.25Mn shares (42.07% decrease compared to the previous week) were changed hands and the top traded counters were PC House PLC (23.81Mn shares), Central Investments & Finance PLC (7.25Mn shares) & Access Engineering Limited (6.64Mn shares) mainly backed with crossings. Foreign purchases amounting to LKR Mn outpaced the foreign sales of LKR 567.3Mn during the week, resulting in a net foreign inflow of LKR Mn. Notably, NEST, DIST, JKH, COMB and TJL captured notable foreign interest during the week, while recording net foreign inflows worth LKR 96.14Mn, LKR 87.59Mn, LKR 69.73Mn, LKR 51.61Mn and LKR 8.39Mn respectively. As at the weekly closure the total market capitalization stood at LKR 2.36Tn, recording a year to date gain of 9.22% and the market PER(X) and PBV(X) stood at and 2.19 respectively. The USD closed at LKR /-, this was the lowest quoted rate during the week. AEL Joins hands with ZPMC China Access Engineering PLC (AEL) has incorporated a company ZPMC Lanka Pvt. Ltd. together with Shanghai Zhenhua Heavy Industries Company Limited (ZPMC) one of the leading port handling manufacturers based in China. AEL will hold a 30% stake of the company while the ZPMC will hold the remaining 70% of equity in the newly formed company. As at the weekly closure AEL stood at LKR 21.30/-, gaining 3.9% from its previous week s closure of LKR 20.50/-

3 NEST gains notably amidst temporary halt of milk powder imports from New Zealand Sri Lankan health ministry has taken steps to temporarily restrict dairy products imported from New Zealand, amidst contamination worries of the imported goods; countries such as China, Vietnam and Russia have already banned the import of milk powder from New Zealand. Nestle Lanka PLC (NEST), which opened the week at LKR 1,950/- moved up to LKR 2,259.80/- by Thursday while touching its 52 week apex at LKR 2,285/-. Having posted a strong bottom-line growth of 37% in recording a profit of LKR 1.70Bn for the 6 months ending June 2013, NEST closed the week at LKR 2,251.40/-, up by LKR /- or 13.19% as against its previous week s closure (LKR 1,989/-). Earnings Results - April to June 2013 LKR "000" Sector Company Q1 FY13 Q1 FY12 Profit After Tax Growth QoQ FY 2012/13 FY 2011/12 Growth YoY BFI PEOPLE'S LEASING & FINANCE PLC 681, , % 3,077,071 2,852, % C&E ACCESS ENGINEERING LIMITED 554, , % 2,382,228 1,732, % DIV AITKEN SPENCE PLC 666, , % 3,266,838 3,487, % DIV HAYLEYS PLC 418, , % 1,853,641 1,037, % H&T AITKEN SPENCE HOTEL HOLDINGS PLC 261, , % 1,782,061 1,377, % LKR "000" Sector Company 2Q Q 2012 Profit After Tax Growth QoQ 6M M 2012 Growth YoY BFI HNB ASSURANCE PLC 54,709 54, % 104,795 85, % BFT CEYLON TOBACCO COMPANY PLC 2,823,000 2,405, % 4,286,000 3,893, % BFT NESTLE LANKA PLC 787, , % 1,701,339 1,245, % MFG CEYLON GRAIN ELEVATORS PLC 58, , % 75, , % TLE DIALOG AXIATA PLC (Note 01) 950, , % 2,544, , % TLE SRI LANKA TELECOM PLC 724, , % 2,326,000 1,298, % Note 01: The Company (DIAL) indicates a drop of 3.37% on normalized earnings for the 6 months ending 30th June, having adjusted the exchange losses. 1,800 1, % 1,400 1,200 1, % 40% 20% LKR Mn Mon Tue Wed Thu Fri This Week(T/O) Last Week (T/O) This Week (VOL) Last Week (VOL) LKR Mn Mon Tue Wed Thu Foreign Buying Foreign Selling Foreign Contribution 0%

4 Description MARKET STATISTICS For The Week Daily POINTS % CHANGE 8-Aug-13 2-Aug-13 Points 8-Aug-13 7-Aug-13 ASPI (3.90) -0.06% 6, , , , S&P SL20 (20.41) -0.58% 3, , (9.71) 3, , MARKET PER (X) MARKET PBV (X) FOREIGN PARTICIPATION CHANGE % CHANGE This Week Last Week % CHANGE 8-Aug-13 7-Aug-13 TOTAL FOREIGN BUYING (167,783,819) % 929,739,713 1,097,523, % 57,176, ,598,949 TOTAL FOREIGN SELLING (1,500,859,690) % 567,306,883 2,068,166, % 24,192, ,255,119 TOTAL FOREIGN INFLOW/(OUTFLOW) 1,333,075, % 362,432,830 (970,643,041) % 32,984, ,343,830 MARKET TURNOVER & VOLUME CHANGE % CHANGE This Week Last Week % CHANGE 8-Aug-13 7-Aug-13 TOTAL TURNOVER (LKR Mn) (2,176,749,786) % 1,830,682,663 4,007,432, % 285,409, ,989,362 TOTAL VOLUME (66,277,127) % 91,247, ,524, % 11,318,587 40,516,870 SECTOR STATISTICS PER (x) PBV (x) 8-Aug-13 2-Aug-13 % CHANGE 8-Aug-13 7-Aug-13 BANK FINANCE AND INSURANCE , , % 13, , BEVERAGE FOOD AND TOBACCO , , % 21, , CONSTRUCTION AND ENGINEERING , , % 2, , CHEMICALS AND PHARMACEUTICALS , , % 6, , DIVERSIFIED HOLDINGS , , % 1, , FOOTWEAR AND TEXTILE % HOTELS AND TRAVELS , , % 3, , HEALTH CARE % INVESTMENT TRUSTS , , % 18, , INFORMATION TECHNOLOGY % LAND AND PROPERTY % MANUFACTURING , , % 3, , MOTORS , , % 15, , OIL PALMS , , % 96, , POWER & ENERGY % PLANTATIONS % STORES SUPPLIES , , % 23, , SERVICES , , % 24, , TELECOMMUNICATIONS % TRADING , , % 15, , MARKET CAPITALISATION COMPANY NAME SYMBOL ISSUED QTY PRICE % (Total) Mkt Capitalization JOHN KEELLS HOLDINGS PLC JKH.N ,775, ,710,171,427 CEYLON TOBACCO COMPANY PLC CTC.N ,323,751 1, ,975,824,951 NESTLE LANKA PLC NEST.N ,725,463 2, ,957,507,398 COMMERCIAL BANK OF CEYLON PLC COMB.N ,101, ,498,041,848 CARSON CUMBERBATCH PLC CARS.N ,386, ,554,765,600 SRI LANKA TELECOM PLC SLTL.N0000 1,804,860, ,999,260,000 DIALOG AXIATA PLC DIAL.N0000 8,143,778, ,850,872,124 THE BUKIT DARAH PLC BUKI.N ,000, ,380,000,000 DISTILLERIES COMPANY OF SRI LANKA PLC DIST.N ,000, ,470,000,000 AITKEN SPENCE PLC SPEN.N ,996, ,612,716,699

5 HIGHEST VOLUME For The Week On 08th August 2013 COMPANY NAME VOLUME COMPANY NAME TRADES VOLUME TURNOVER (Rs) PC HOUSE PLC 23,810,052 TEXTURED JERSEY LANKA PLC 387 1,562,312 21,874,778 CENTRAL INVESTMENTS & FINANCE PLC 7,251,237 NATION LANKA FINANCE PLC ,612 5,800,171 ACCESS ENGINEERING LIMITED 6,646,161 SWARNAMAHAL FINANCIAL PLC ,854 1,214,572 TEXTURED JERSEY LANKA PLC 3,491,598 ACCESS ENGINEERING PLC ,486 13,734,106 LANKA IOC PLC 3,315,474 UNION BANK OF COLOMBO PLC ,304 9,348,366 NATION LANKA FINANCE PLC 3,252,842 PANASIAN POWER PLC ,819 1,190,548 PC PHARMA PLC 3,030,419 CENTRAL INVESTMENTS & FINANCE PLC , ,717 PANASIAN POWER PLC 2,580,908 BLUE DIAMONDS JW: PLC (X) , ,187 EXPOLANKA HOLDINGS PLC 2,441,533 PC HOUSE PLC , ,189 PCH HOLDINGS LIMITED 1,988,206 LANKA CERAMIC PLC 3 300,021 36,302,520 HIGHEST TURNOVER For The Week On 08th August 2013 COMPANY NAME TURNOVER (Rs) COMPANY NAME TRADES VOLUME TURNOVER (Rs) CHEVRON LUBRICANTS LANKA PLC 284,053,227 DISTILLERIES COMPANY PLC ,498 42,193, JOHN KEELLS HOLDINGS PLC 220,267,565 LANKA CERAMIC PLC 3 300,021 36,302, DISTILLERIES COMPANY OF SRI LANKA PLC 141,078,551 TEXTURED JERSEY LANKA PLC 387 1,562,312 21,874, ACCESS ENGINEERING LIMITED 138,236,195 CEYLON TOBACCO COMPANY PLC 47 17,093 20,518, NESTLE LANKA PLC 116,070,921 ACCESS ENGINEERING PLC ,486 13,734, LANKA IOC PLC 84,626,838 JOHN KEELLS HOLDINGS PLC 29 46,267 12,274, CEYLON TOBACCO COMPANY PLC 71,461,466 SAMPATH BANK PLC 40 57,062 11,181, COMMERCIAL BANK OF CEYLON PLC 58,469,961 UNION BANK OF COLOMBO PLC ,304 9,348, TEXTURED JERSEY LANKA PLC 47,831,444 COMMERCIAL BANK OF CEYLON PLC 27 63,444 7,550, DFCC BANK 42,181,537 THE LION BREWERY CEYLON PLC 23 18,051 6,534, TOP GAINERS On 08th August 2013 For The Week COMPANY CHANGE VWA DAYS VWA COMPANY CHANGE VWA Week VWA Prv. Week % CLOSE Prev. Close % Close (Rs.) Close (Rs.) MORISONS MORISONS LAKE HOUSE PRIN NESTLE , , Trade Share Turnover Company PDL Code LAKE HOUSE PRIN Vol Vol. (Rs) CIT HUNAS FALLS JOHN KEELLS HOLDINGS PLC MULLERS ,542, ,552, ACL PLASTICS DISTILLERIES COMPANY PLC ,505,084 47,184, COMMERCIAL BANK PLC ,469 35,308, TOP LOSERS HAYLEYS PLC ,351 On 08th August ,634, For The Week COMMERCIAL BANK PLC(X) ,866 13,212, CHANGE VWA DAYS VWA CHANGE VWA Week VWA Prv. Week DIALOG AXIATA COMPANY PLC ,271 12,593, COMPANY % CLOSE Prev. Close % Close (Rs.) Close (Rs.) ROYAL CERAMICS LANKA PLC PC PHARMA (13.33) 545, ,647, ENVI. RESOURCES [W3] (22.22) C T HOLDINGS PLC ENVI. RESOURCES [W3] 8.00 (12.50) 513, ,125, PC PHARMA (18.75) AMANA TAKAFUL PLC CEYLON LEATHER [W13] (12.50) 463, ,049, CENTRAL IND. (15.80) CARSONS CUMBERBATCH PLC KURUWITA TEXTILE (11.01) 338, ,669, ENVI. RESOURCES [W6] (15.79) BLUE DIAMONDS [X] (9.09) PCH HOLDINGS (15.38)

6 DATE COMPANY QTY PRICE (Rs) TURNOVER (Rs) 6-Aug-13 NEST 20,000 2, ,000, Aug-13 LLUB 149, ,035, Aug-13 JKH 353, ,604, Aug-13 LIOC 2,000, ,000, Aug-13 LLUB 566, ,850, Aug-13 DIST 261, ,112, Aug-13 DIST 132, ,410, Aug-13 DIST 200, ,000, Company Dividned Term XD Date Payment RAL Rs Final 26.Sep Oct.2013 LIOC Rs Final 16.Sep Sep.2013 RHL Rs Final 26.Sep Oct.2013 COCO X Rs Final 26.Sep Oct.2013 APLA Rs Interim 19.Aug Aug.2013 Exchange Rates Indicative Rates Currency 08th August 07th August 08th August 07th August Currency Buying Selling Buying Selling Ind: Value Ind: Value Dollar (USA) Yuan(China) Pound (UK) Rupee(India) Euro (EU) Won(Korean) Franc (Sw itzerland) Dinar(Kuw ait) Dollar (Canada) Ringgit(Malay) Dollar (Australia) Rial(Oman) Dollar (Singapore) Riyal(Qatar) Yen (Japan) Riyal(KSA) Dirham (UAE) Central Bank's Policy Rates Description Rate (% Per Annum) Central Bank Repurchase (Repo) Rate 7.00 Central Bank Reverse Repurchase (Reverse Repo) Rate 9.00 Bank Rate Statutory Reserve Ratio (SRR) 6.00

7 Treasury Bills AWPLR AWDR This week Last week This Week Last week This Month Last Month 91 Days - - Weekly Monthly Days - - Monthly Months Days Months Year Colombo Consumers Price Index (CCPI) Year on Year Change % Description Annual Average Change % May June July May June July SLIBOR & LIBOR Description SLIBOR (08th August) (%) LIBOR - GBP (07th August) (%) LIBOR - USD (07th August) (%) Over Night 7 Days 1 M 3 M 6 M 12 M % 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% 3M 6M 12M

8 Country Foreign Markets- Index 7-Aug-13 % Change 6-Aug-13 % Change 5-Aug-13 USA Dow Jones Indus. AVG 15, % 15, % 15, USA NASDAQ Composite Index 3, % 3, % 3, Europe Euro Stoxx 50 Pr 2, % 2, % 2, UK FTSE 100 6, % 6, % 6, Japan Nikkei , % 14, % 14, Hong Kong Hang Seng Index 21, % 21, % 22, China CSI 300 Index 2, % 2, % 2, Pakistan Karachi 100 Index 23, % 22, % 22, India BSE Sensex 30 Index 18, % 18, % 19, Singapore Straits Times Index STI 3, % 3, % 3, Malaysia FTSE Bursa Malaysia EMAS 12, % 12, % 12, Bangladesh DSE General Index DGEN 4, N/A N/A N/A N/A Mongolia MSE Top 20 Index 14, % 14, % 14, Bloomberg Rubber Prices - 01 August 2013 World Commodity Prices Grade Price Range (Rs) Commodity 8-Aug-13 7-Aug-13 6-Aug-13 LC No.1X Brent Crude Oil LC No WTI Crude Oil LC No Gold 1, , , LC No Silver LC No Copper SC (Br) No RS Sheet No RS Sheet No Tea Prices Tourist Arrivals to Sri Lanka Month January 74,197 85,874 97,411 February 65,797 83,549 93,232 March 75,130 91,102 98,155 April 63,835 69,591 79,829 May 48,943 57,506 70,026 June 53,636 65,245 73,628 July 83,786 90,338 Elevation Sale No : 28 Sale No : 27 August 72,463 79,456 Uva High September 60,219 71,111 Western High October 69,563 80,379 Uva Medium November 90, ,202 Western Medium December 97, ,252 Low Grow n Total 855,975 1,005, ,281

9 Vice President Business Development Manager - Research Thakshila Hulangamuwa Pasindu Perera thakshi@ashaphillip.net pasindu@ashaphillip.net Research Team Lasantha Senanayake lasantha@ashaphillip.net Anurudhdha Basnayake anurudhdha@ashaphillip.net Nishantha Warnakulasuriya nishantha@ashaphillip.net Head Office: Southern Region (Matara) # 24-1/3, A, 2nd Floor, E.H. Cooray Tower, Anagarika Dharmapala Mw, Matara. Tel: Branch Office: Matara # 38, Station Road, Matara. Tel Branch Office: Negombo # 142, Greens Road, Negombo. Tel Branch Office: Gampaha # 21, Courts Road, Gampaha. Tel Branch Office: Kiribathgoda Udeshi City Shopping Complex, 2nd Floor, 2-14, No. 94, Makola Road, Kiribathgoda. Tel Branch Office: Kurunegala No. 6, 1st Floor, Union Assurance Bldg, Rajapihilla Mawatha, Kurunegala. Tel Branch Office: Kandy Ceybank House, # 88, Dalada Vidiya, Kandy. Tel Branch Office: Galle # 16, Sri Dewamittha Mw, Galle. Tel Branch Office: Anuradhapura # 9, Maithripala Senanayaka Mw, Bank Site, New Town, Anuradhapura. Tel Branch Office: Batticaloa #22B Bar Road, Batticaloa, Tel: Branch Office: Jaffna 1st Floor, # 398/1, Hospital Road, Jaffna. Tel: Branch Office: Vavuniya 1st Floor, # 60, 1st Cross Street, Vavuniya. Tel: Branch Office: Badulla # 33/3, 2nd Floor, Modern Complex, Badulla. Tel: Branch Office: Wellawatte # 3-1/2, Collingwood Place, Colombo 06. Tel: Branch Office: Panandura # 465, Galle Road, Panandura. Tel: Branch Office: Ambalanthota # 153, Tissa Road, Ambalanthota. Tel: Branch Office: Wattala # 118, Negombo Road, Wattala. Tel: Branch Office: Embilipitiya # 61, Sampath Bank Bldg. Main Street, Embilipitiya. Tel This document has been prepared and issued by Asha Phillip Securities Ltd, on the basis of publicly available information, internally developed data and other sources, believed to be reliable. Whilst all responsible care has been taken to ensure that the facts stated are accurate and the opinions given are fair and reasonable neither Asha Phillip Securities Ltd, nor any Director Officer or employee, shall in any way be responsible for the contents. Asha Phillip Securities Ltd may act as a Broker in the investments which are the subject of this document or related investments and may have acted upon or used the information contained in this document, or the research or analysis on which it is based, before its publication. Asha Phillip Securities Ltd., Its Directors, Officers or Employees may also have a position or be otherwise interested in the investments referred to in this document. This is not an offer to sell or buy the investments referred to in this document.

The Bourse maintains its positive trend

The Bourse maintains its positive trend 6,250 6,200 6,150 6,100. 6,050 6,240.00 6,220.00 6,200.00 6,180.00 6,160.00 6,140.00 6,120.00 6,100.00 6,080.00 3,500 3,490 3,480 3,470 3,460 3,450 3,440 3,430 3,420 Open Mon Tue Wed Thu Fri ASPI This

More information

The Bourse drops slightly

The Bourse drops slightly Index 30th July 29th July Change % Change ASPI 6,055.48 6,056.92 (1.44) -0.02% S&P SL20 3,432.03 3,425.77 6.26 0.18% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign Purchases

More information

The bourse concludes positive

The bourse concludes positive Index 13th Aug 12th Aug Change % Change ASPI 6,142.87 6,130.24 12.63 0.21% S&P SL20 3,453.23 3,451.45 1.78 0.05% Market Statistics 13th Aug 12th Aug Value of Turnover(Rs.) 403,032,819 372,810,986 Domestic

More information

Market ends green, despite the slothful investor participation

Market ends green, despite the slothful investor participation - Index 11th Dec 10th Dec Change % Change ASPI 5,787.81 5,778.52 9.29 0.16% S&P SL20 3,182.27 3,176.62 5.65 0.18% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign Purchases

More information

The Bourse ends its 4 day losing streak, closing with marginal

The Bourse ends its 4 day losing streak, closing with marginal Index 18th July 17th July Change % Change ASPI 5,985.45 5,982.35 3.10 0.05% S&P SL20 3,378.73 3,376.73 2.00 0.06% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign Purchases

More information

The bourse drowns further

The bourse drowns further Index 16th July 15th July Change % Change ASPI 6,007.65 6,015.20 (7.55) -0.13% S&P SL20 3,386.42 3,397.44 (11.02) -0.32% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign

More information

The Colombo bourse continues to drop

The Colombo bourse continues to drop Index 09th July 08th July Change % Change ASPI 5,980.16 5,995.64 (15.48) -0.26% S&P SL20 3,347.96 3,351.49 (3.53) -0.11% Market Statistics 09th July 08th July Value of Turnover(Rs.) 254,345,984 413,843,057

More information

The bourse sinks further

The bourse sinks further Index 25th July 24th July Change % Change ASPI 6,038.16 6,079.14 (40.98) -0.67% S&P SL20 3,423.48 3,448.11 (24.63) -0.71% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign

More information

The Market ends with a minute gain

The Market ends with a minute gain - Index 12th Dec 11th Dec Change % Change ASPI 5,793.19 5,787.81 5.38 0.09% S&P SL20 3,189.44 3,182.27 7.17 0.23% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign Purchases

More information

Market Capitalisation

Market Capitalisation - Index 3rd Mar 28th Feb Change % Change ASPI 5,914.01 5,940.31 (26.30) -0.44% S&P SL20 3,213.89 3,223.66 (9.77) -0.30% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign

More information

The bourse continues to plunge resulting indices to dip further in red

The bourse continues to plunge resulting indices to dip further in red - Index 12th Mar 11th Mar Change % Change ASPI 5,933.52 5,944.57 (11.05) -0.19% S&P SL20 3,236.29 3,240.12 (3.83) -0.12% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign

More information

The bourse edges lower once again

The bourse edges lower once again - Index 11th Mar 10th Mar Change % Change ASPI 5,944.57 5,957.61 (13.04) -0.22% S&P SL20 3,240.12 3,252.29 (12.17) -0.37% Market Statistics 11th Mar 10th Mar Value of Turnover(Rs.) 804,558,899 304,305,916

More information

Investors hit a pause ahead of the uncertainty within the local and global environments, whilst resulting in weak turnovers and volumes

Investors hit a pause ahead of the uncertainty within the local and global environments, whilst resulting in weak turnovers and volumes - Index 17th Mar 14th Mar Change % Change ASPI 5,914.11 5,896.23 17.88 0.30% S&P SL20 3,213.42 3,207.11 6.31 0.20% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign Purchases

More information

ASHA PHILLIP SECURITIES LTD WEEKLY STOCK MARKET HIGHLIGHTS. Friday, 09 March Weekly Performance of the Market. Weekly Market Statistics.

ASHA PHILLIP SECURITIES LTD WEEKLY STOCK MARKET HIGHLIGHTS. Friday, 09 March Weekly Performance of the Market. Weekly Market Statistics. WEEKLY STOCK MARKET HIGHLIGHTS Weekly ket Statistics. Friday, 09 ch ASHA PHILLIP SECURITIES LTD SriLanka Weekly Performance of the ket Index 9th 2nd % ASPI 6,551.19 6,557.02 (5.83) -0.09% S&P SL20 3,698.57

More information

Weekly Market Review. Week Ending 9 th September Market Review. Level 04, Millennium House, 46/58, Nawam Mw, Colombo 02

Weekly Market Review. Week Ending 9 th September Market Review. Level 04, Millennium House, 46/58, Nawam Mw, Colombo 02 Weekly Market Review 1 Asha Phillip Securities Ltd Weekly Market Review Asha Phillip Securities Ltd Week Ending 9 th September 2011 Level 04, Millennium House, 46/58, Nawam Mw, Colombo 02 Market Review

More information

Fixed interest rate of 12.65% (Payable semi-annually) Fixed interest rate of 12.80% (Payable annually)

Fixed interest rate of 12.65% (Payable semi-annually) Fixed interest rate of 12.80% (Payable annually) Debenture Issue Briefing paper ASHA PHILLIP SECURITIES LTD SriLanka NATIONS TRUST BANK PLC - Debenture Issue 2016 Corporate Profile Nations Trust Bank was established in July, 1999 when it acquired the

More information

Analysis of Sectoral Performance & Market Opportunities 15 AUGUST 2017

Analysis of Sectoral Performance & Market Opportunities 15 AUGUST 2017 Analysis of Sectoral Performance & Market Opportunities 15 AUGUST 2017 Candor Research By Ravi Abeysuriya, CFA Group Director, Candor President, Colombo Stock Brokers Association (CSBA) President, Association

More information

FUND INFORMATION Fund Information Business Growth... 04

FUND INFORMATION Fund Information Business Growth... 04 CONTENT FUND INFORMATION Fund Information... 02 Business Growth... 04 FUND MANAGER REPORT Economy & Markets... 05 Guardian Acuity Equity Fund Review... 08 Guardian Acuity Fixed Income Fund Review... 10

More information

Daily Review. Market Statistics. All Share Price Index. Money Market Indicators. Market Comment. Colombo Stock Market

Daily Review. Market Statistics. All Share Price Index. Money Market Indicators. Market Comment. Colombo Stock Market 22-Dec-14 23-Dec-14 24-Dec-14 26-Dec-14 29-Dec-14 30-Dec-14 31-Dec-14 2-Jan-15 6-Jan-15 7-Jan-15 8-Jan-15 9-Jan-15 12-Jan-15 13-Jan-15 16-Jan-15 19-Jan-15 20-Jan-15 21-Jan-15 22-Jan-15 - Daily Review by

More information

Daily Review. Market Statistics. All Share Price Index. Money Market Indicators. Market Comment. Colombo Stock Market

Daily Review. Market Statistics. All Share Price Index. Money Market Indicators. Market Comment. Colombo Stock Market 18-Dec-14 19-Dec-14 22-Dec-14 23-Dec-14 24-Dec-14 26-Dec-14 29-Dec-14 30-Dec-14 31-Dec-14 2-Jan-15 6-Jan-15 7-Jan-15 8-Jan-15 9-Jan-15 12-Jan-15 13-Jan-15 16-Jan-15 19-Jan-15 20-Jan-15 - Daily Review by

More information

For the Six months ended 30 th September 2014

For the Six months ended 30 th September 2014 Interim Report For the Six months ended 30 th September 2014 National Asset Management Limited Union Bank Building, 64, Galle Road, Colombo 2. Phone : 2445911 Fax : 2445903 Email : info@namal.lk Interim

More information

ASHA PHILLIP SECURITIES LTD. Royal Ceramics Lanka PLC (RCL.N0000) FY Ended 31 March 2016 BLOOMBERG RCL SL EQUITY. 21 June 2016.

ASHA PHILLIP SECURITIES LTD. Royal Ceramics Lanka PLC (RCL.N0000) FY Ended 31 March 2016 BLOOMBERG RCL SL EQUITY. 21 June 2016. 21 June 2016 ASHA PHILLIP Royal Ceramics Lanka PLC (RCL.N0000) FY Ended 31 March 2016 BLOOMBERG RCL SL EQUITY Group Profile Royal Ceramics Lanka PLC (RCL) manufactures and sells wall tiles and floor tiles

More information

WEEKLY FOCUS FOR WEEK ENDED 28 TH AUGUST Figure 1: Index Performance. Figure 2: ASPI Performance against regional indices

WEEKLY FOCUS FOR WEEK ENDED 28 TH AUGUST Figure 1: Index Performance. Figure 2: ASPI Performance against regional indices WEEKLY FOCUS FOR WEEK ENDED 28 TH AUGUST 2015 Figure 1: Index Performance Figure 2: ASPI Performance against regional indices 101.0 100.0 99.0 98.0 97.0 96.0 24-Aug-15 25-Aug-15 26-Aug-15 27-Aug-15 28-Aug-15

More information

Hemas Holdings PLC. Interim Update (Q1 FY 14/15) 23 rd September 2014 Diversified Sector. Valuation. Recommendation: SELL LOLC SEC Valuation: LKR 52

Hemas Holdings PLC. Interim Update (Q1 FY 14/15) 23 rd September 2014 Diversified Sector. Valuation. Recommendation: SELL LOLC SEC Valuation: LKR 52 Hemas Holdings PLC Interim Update ( ) 23 rd September 214 Diversified Sector Revenue has gained 19.5% QOQ while profit attributable to shareholders decreased by 1.8% for the amidst the mix performance

More information

For the Six months ended 30 th September 2013

For the Six months ended 30 th September 2013 Interim Report For the Six months ended 30 th September 2013 National Asset Management Limited Union Bank Building, 64, Galle Road, Colombo 2. Phone : 2445911 Fax : 2445903 Email : info@namal.lk Interim

More information

ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, , %

ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, , % (Turnover LKR Bn) ASPI S&P SL20 ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Turnover Hit Near 3Yr Low. GoSL Presents Socially Inclusive Budget Indices vs. Turnover (07 th Nov 11 th Nov) ASPI v 0.30%

More information

Daily Review by Asia Securities Research 27 January 2015 (ASI)

Daily Review by Asia Securities Research 27 January 2015 (ASI) 26-Dec-14 29-Dec-14 30-Dec-14 31-Dec-14 2-Jan-15 6-Jan-15 7-Jan-15 8-Jan-15 9-Jan-15 12-Jan-15 13-Jan-15 16-Jan-15 19-Jan-15 20-Jan-15 21-Jan-15 22-Jan-15 23-Jan-15 26-Jan-15 27-Jan-15 - Daily Review by

More information

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES. Markets Hit ~4 Month Low IMF Estimates Gradual Recovery in 2017 GDP. ASPI v 1.14% S&P SL20 v 1.

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES. Markets Hit ~4 Month Low IMF Estimates Gradual Recovery in 2017 GDP. ASPI v 1.14% S&P SL20 v 1. (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Markets Hit ~4 Month Low IMF Estimates Gradual Recovery in 217 GDP Indices vs. Turnover (8 th Aug 11 th Aug) ASPI v 1.14% S&P SL2

More information

For the Six months ended 30 th September 2015

For the Six months ended 30 th September 2015 Interim Report For the Six months ended 30 th September 2015 National Asset Management Limited Union Bank Building, 64, Galle Road, Colombo 3. Phone : 2445911 Fax : 2445903 Email : info@namal.lk Interim

More information

NAMAL GROWTH FUND. Interim Report. For the six months ended 30 th September 2018

NAMAL GROWTH FUND. Interim Report. For the six months ended 30 th September 2018 Interim Report For the six months ended 30 th September 2018 National Asset Management Limited 07, Glen Aber Place, Colombo 3. Phone: 0112445911 Fax: 0112445903 Email: info@namal.lk Table of Contents Report

More information

Week ending 21-Dec 14-Dec +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, ,

Week ending 21-Dec 14-Dec +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Daily Turnover Hits 1-Month High Q3 18 GDP Growth Slows to 2.9% Y-o-Y ASPI.94% S&P SL2 1.31% The Bourse ended the week Cont. P2 Foreign

More information

KENANGA INVESTMENT CORPORATION LTD

KENANGA INVESTMENT CORPORATION LTD Yield LKR Mn Economic Indicators: LKR/USD 14.54 (.46% WoW) AWPR: 7.15% (1.56% WoW) AWDR: (.17% MoM) ASPI: 7,96 (.14% WoW) S&P SL2: 3,82 (.55% WoW) 1 11.5% 1 1.5% 1 9.5% 9.% 8.5% 7.5% 6.5% Government Securities

More information

THE PROVIDENT Tomorrow s investment decisions, today

THE PROVIDENT Tomorrow s investment decisions, today THE PROVIDENT Tomorrow s investment decisions, today Candor2Research Final countdown arrives for the most closely watched Fed decision Sri Lanka Economy grew by 6.71% in 2Q2015 Sri Lanka s total economy

More information

Week ending 30-Mar 23-Mar +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 17, ,

Week ending 30-Mar 23-Mar +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 17, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Weekly Market Turnover hits 6-Year High Indices vs. Turnover (26 th Mar 29 th Mar) LKR Records Highest Appreciation for 2018 YTD 6,520

More information

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER 23 Highlights Introduction : This note is prepared by the World Bank Colombo Office to review the trends of some of the key indicators which have

More information

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES. ASPI Remains Flat Over the Week National Inflation Hits 17-Month High ASPI ^ 0.09% S&P SL20 ^ 0.

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES. ASPI Remains Flat Over the Week National Inflation Hits 17-Month High ASPI ^ 0.09% S&P SL20 ^ 0. (Turnover LKR Bn) ASPI S&P SL20 ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES ASPI Remains Flat Over the Week National Inflation Hits 17-Month High Indices vs. Turnover (18 th July 22 nd July) ASPI ^

More information

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES. Markets Hits ~14W Closing Low CBSL Holds Policy Rates Steady for 3rd Time

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES. Markets Hits ~14W Closing Low CBSL Holds Policy Rates Steady for 3rd Time (Turnover LKR Bn) ASPI Markets Hits ~14W Closing Low CBSL Holds Policy Rates Steady for 3rd Time Indices vs. Turnover (31 st Jul 04 th Aug) ASPI v 1.48% S&P SL20 v 1.00% The Bourse continued to lose Cont.

More information

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES. Shares Recover From 4-Month Closing Low June Quarter Earnings Mixed. ASPI v 0.87% S&P SL20 v 0.

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES. Shares Recover From 4-Month Closing Low June Quarter Earnings Mixed. ASPI v 0.87% S&P SL20 v 0. (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Shares Recover From 4-Month Closing Low June Quarter Earnings Mixed ASPI v.87% S&P SL2 v.49% The Bourse ended in Cont. P2 Foreign

More information

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE. SECOND QUARTER 2003 Highlights

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE. SECOND QUARTER 2003 Highlights Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE SECOND QUARTER 23 Highlights Introduction

More information

CEYLON GUARDIAN INVESTMENT TRUST PLC

CEYLON GUARDIAN INVESTMENT TRUST PLC INTERIM REPORT FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2012 A CARSON CUMBERBATCH COMPANY Dec Mar June Sep Dec Mar June Sep Dec Mar June Sep Dec Mar June Sep Dec Mar June Sep Index Composit Ceylon Guardian

More information

Daily Review by Asia Securities Research 13 January 2015 (ASI) Jan-15

Daily Review by Asia Securities Research 13 January 2015 (ASI) Jan-15 15-Dec-14 16-Dec-14 17-Dec-14 18-Dec-14 19-Dec-14 22-Dec-14 23-Dec-14 24-Dec-14 26-Dec-14 29-Dec-14 30-Dec-14 31-Dec-14 2-Jan-15 6-Jan-15 7-Jan-15 8-Jan-15 9-Jan-15 12-Jan-15 13-Jan-15 - Daily Review by

More information

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER 2008

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER 2008 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER 28 Financial Sector Quarterly

More information

WEEKLY FOCUS FOR WEEK ENDED 25 TH SEPTEMBER Figure 1: Index Performance. Figure 2: ASPI Performance against regional indices

WEEKLY FOCUS FOR WEEK ENDED 25 TH SEPTEMBER Figure 1: Index Performance. Figure 2: ASPI Performance against regional indices WEEKLY FOCUS FOR WEEK ENDED 25 TH SEPTEMBER 2015 Figure 1: Index Performance 100.5 100.4 100.3 100.2 100.1 100.0 99.9 99.8 21-Sep-15 22-Sep-15 23-Sep-15 25-Sep-15 ASPI S&P SL 20 Index Open Close % Change

More information

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE THIRD QUARTER

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE THIRD QUARTER SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE THIRD QUARTER 23 Highlights Introduction : This note is prepared by the World Bank Colombo Office to review the trends of some of the key indicators which have

More information

FC Research Analyst: Michelle Weerasinghe NESTLÉ LANKA PLC. Affordability stirs up demand. SRI LANKA Corporate Update

FC Research Analyst: Michelle Weerasinghe NESTLÉ LANKA PLC. Affordability stirs up demand. SRI LANKA Corporate Update Analyst: Michelle Weerasinghe NESTLÉ LANKA PLC SRI LANKA Corporate Update HOLD NEST.N0000 Current Price: LKR 2,000.0 Fair Value: LKR 2,100.0 Mar 2016 KEY DATA Share Price (LKR) 2,000.00 52w High/Low (LKR)

More information

Week ending 21-Sep 14-Sep +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, ,

Week ending 21-Sep 14-Sep +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Sri Lankan Equities hit a 2-year low 2Q 18 GDP growth rises to 3.7%. ASPI 2.10% S&P SL20 3.92% The Bourse ended the week Cont. P2

More information

Week ending 22-June 14-June +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, ,

Week ending 22-June 14-June +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES ASPI drops 103 points to trade below 6300 levels.. Indices vs. Turnover (18 th Jun-22 nd Jun) 1Q 18 GDP growth falls to 3.2% Y-o-Y

More information

SRI LANKA. Highlights

SRI LANKA. Highlights Financial Sector Quarterly Update- 3nd t Quarter 26 SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE THIRD QUARTER 26 Highlights Introduction : This note is prepared by the World Bank Colombo Office to review

More information

SRI LANKA SECTOR QUARTERLY UPDATE. Highlights

SRI LANKA SECTOR QUARTERLY UPDATE. Highlights Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized SRI LANKA SECTOR QUARTERLY UPDATE FORTH QUARTER 29 Highlights Financial Sector Quarterly

More information

Week ending 08-Feb 01-Feb +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 16, ,

Week ending 08-Feb 01-Feb +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 16, , (Turnover LKR Bn) ASPI ASPI Hits Two-Week Low Fears of Weak Demand & Oversupply Impact Oil.. ASPI 0.30% S&P SL20 0.47% The Bourse ended the week Cont. P2 Foreign investors closed the week... Cont. P3 Sri

More information

CEYLON INVESTMENT PLC

CEYLON INVESTMENT PLC INTERIM REPORT FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2017 A CARSON CUMBERBATCH COMPANY Sept Dec Mar June Sept Dec Mar June Sep Dec Mar June Sep Dec Mar June Sep Dec Mar June Sep Managers Review For the

More information

SRI LANKA SECTOR QUARTERLY UPDATE. Highlights

SRI LANKA SECTOR QUARTERLY UPDATE. Highlights Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized SRI LANKA SECTOR QUARTERLY UPDATE SECOND QUARTER 2009 Highlights Financial Sector Quarterly

More information

GUARDIAN ACUITY ASSET MANAGEMENT LIMITED Unit Trust Funds

GUARDIAN ACUITY ASSET MANAGEMENT LIMITED Unit Trust Funds GUARDIAN ACUITY ASSET MANAGEMENT LIMITED Unit Trust Funds Interim Report 2018 Fund Information Fund Objective Guardian Acuity Equity Fund To achieve medium to long term capital appreciation Guardian Acuity

More information

SRI LANKA. Highlights

SRI LANKA. Highlights Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE THIRD QUARTER 27 Highlights Financial Sector

More information

KENANGA INVESTMENT CORPORATION LTD

KENANGA INVESTMENT CORPORATION LTD Yield LKR Mn Economic Indicators: LKR/USD 138.78 (1.69% WoW) AWPR: 6.86% (.73% WoW) AWDR: 6.1% (.17% MoM) ASPI: 7,153 (.86% WoW) S&P SL2: 3,914 (1.11% WoW) 12.% 11.5% 11.% 1.5% 1.% 9.5% 9.% 8.5% 7.5% 7.%

More information

Week ending 07-Sep 31-Aug +/- ASPI 6, , % S&P SL20 3, , %

Week ending 07-Sep 31-Aug +/- ASPI 6, , % S&P SL20 3, , % (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Positive Momentum Continues Despite Lower Acitivty Levels Domestic & Global Pressures Push LKR Down 5% ASPI ^.62% S&P SL2.38% The

More information

FC Research Analyst: Atchuthan Srirangan

FC Research Analyst: Atchuthan Srirangan Price Volume - '000 Price Volume -'000 FC Research Analyst: Atchuthan Srirangan SEYLAN BANK PLC SRI LANKA Corporate Update STRONG BUY (V)/ BUY (NV) SEYB.N0000 Current Price: LKR 80 Fair Value: LKR 101

More information

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES

ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Weekly Market Review 16 Mar 2018 ASPI Records Largest Weekly Loss Since Jan 18 Manufacturing & Service Activity Expands in Feb ASPI

More information

April First Capital Research

April First Capital Research April 2019 First Capital Research SL raises USD 2.4Bn in International Sovereign Bond...... 3 Inflation 4 M2B & Sector Credit... 6 Reserves & Liquidity... 7 Currency Movement... 8 Government Securities...

More information

Aitken Spence Hotel Holdings PLC

Aitken Spence Hotel Holdings PLC LKR Aitken Spence Hotel Holdings PLC Interim Update Q3 FY 14/15 Equity Research Quarterly revenue increased by only 2% compared to corresponding previous quarter while gross margins grew slightly. Other

More information

ASPI 6, , % S&P SL20 3, , % Banking & Finance 17, , %

ASPI 6, , % S&P SL20 3, , % Banking & Finance 17, , % (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Monthly Gain on ASPI ~4.1% LKR Depreciates Amid Oil Import Demand Indices vs. Turnover (09 th Oct 13 th Oct) ASPI 1.58% S&P SL20 3.11%

More information

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE SECOND QUARTER Highlights

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE SECOND QUARTER Highlights SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE SECOND QUARTER 22 Highlights Introduction : This note is prepared by the World Bank Colombo Office to review the trends of some of the key indicators which have

More information

KENANGA INVESTMENT CORPORATION LTD

KENANGA INVESTMENT CORPORATION LTD Yield LKR Mn Economic Indicators: LKR/USD 141.19 (.46% WoW) AWPR: 7.4% (.56% WoW) AWDR: (.17% MoM) ASPI: 7,16 (.7% WoW) S&P SL2: 3,841 (1.18% WoW) 1 11.5% 11.% 1.5% 1 9.5% 9.% 8.5% 7.5% 7.% 6.5% Government

More information

Technical Assistance Consultant s Report

Technical Assistance Consultant s Report Technical Assistance Consultant s Report Project Number: 49273 January 2017 Sri Lanka: Small and Medium-Sized Enterprises Line of Credit Project (Financed by the Japan Fund for Poverty Reduction) Prepared

More information

CEYLON GUARDIAN INVESTMENT TRUST PLC

CEYLON GUARDIAN INVESTMENT TRUST PLC INTERIM REPORT FOR THE NINE MONTHS ENDED 31ST DECEMBER 2017 A CARSON CUMBERBATCH COMPANY Dec Mar June Sep Dec Mar June Sep Dec Mar June Sept Dec Mar June Sept Dec Mar June Sep Dec CEYLON GUARDIAN INVESTMENT

More information

Week ending 06-Jul 29-June +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 15, ,

Week ending 06-Jul 29-June +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 15, , (Turnover LKR Bn) ASPI ASPI Rebounds from 15-Month Low Policy Rates Indices vs. Turnover (2 nd Jul - 6 th Jul) Held Steady for 2 nd Time Since April 6,150 6,126 ASPI S&P SL20 3,400 3,370 ASPI 1.39% S&P

More information

Week ending 05-Oct 28-Sep +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, ,

Week ending 05-Oct 28-Sep +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES ASPI Rebounds from 58-Month Low Policy Rates Steady Despite Anticipation of a Hike ASPI ^ 0.37% S&P SL20 ^ 0.29% The Bourse ended

More information

WEEKLY CHANGES AGAINST THE USD

WEEKLY CHANGES AGAINST THE USD October 09, 2017 [ W E E K LY E C O N O M I C C O M M E N TA R Y ] WEEKLY ANALYSIS FOR THE MOST CRITICAL ECONOMIC AND FINANCIAL DEVELOPMENTS MACRO & MARKETS COMMENTARY» The storm impacted job report showed

More information

KENANGA INVESTMENT CORPORATION LTD

KENANGA INVESTMENT CORPORATION LTD Yield KENANGA INVESTMENT CORPORATION LTD LKR/USD Rate % Yield Change Sri Lankan Economic Update Weekly 5 th June 215 COUNTRY RATING: FITCH: BB-, S&P: B+, MOODY S: B1 Economic Indicators: LKR/USD 134.16

More information

Week ending 16-Nov 09-Nov +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, ,

Week ending 16-Nov 09-Nov +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, , (Turnover LKR Bn) ASPI Markets Remain Volatile Amid Political Stalemate CBSL Raises Policy Rates Amid LKR ASPI 0.39% S&P SL20 ^ 0.49% The Bourse ended the week Cont. P2 Foreign investors closed the week...

More information

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE THIRD QUARTER

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE THIRD QUARTER SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE THIRD QUARTER 22 Highlights Introduction : This note is prepared by the World Bank Colombo Office to review the trends of some of the key indicators which have

More information

CEYLON GUARDIAN INVESTMENT TRUST PLC

CEYLON GUARDIAN INVESTMENT TRUST PLC INTERIM REPORT FOR THE THREE MONTHS ENDED 30TH JUNE 2017 A CARSON CUMBERBATCH COMPANY Managers Review For the period ended 30th June 2017 Financials and portfolio performance The Ceylon Guardian portfolio

More information

Week ending 14-Sep 07-Sep +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, ,

Week ending 14-Sep 07-Sep +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Weekly Return on ASPI turns Negative Brent Crude Oil Falls 2% from 3M High ASPI 1.42% S&P SL2 2.4% The Bourse ended the week Cont.

More information

CEYLON GUARDIAN INVESTMENT TRUST PLC

CEYLON GUARDIAN INVESTMENT TRUST PLC INTERIM REPORT FOR THE NINE MONTHS ENDED 31ST DECEMBER 2016 A CARSON CUMBERBATCH COMPANY Managers Review For the period ended 31st December 2016 Financials and portfolio performance The Ceylon Guardian

More information

Week ending 10-Aug 03-Aug +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, ,

Week ending 10-Aug 03-Aug +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Weekly Market Review 1 Aug 218 Crossings Push Daily Turnover to 1-Week High Pace of Industrial Production Slows in Q2 18 ASPI.4% S&P

More information

Week ending 24-Aug 17-Aug +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 15, ,

Week ending 24-Aug 17-Aug +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 15, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES ASPI Recovers from 17-Month Low Jun 18 Corporate Earnings Declines 10% Y-o-Y ASPI ^ 0.03% S&P SL20 0.78% The Bourse ended the week

More information

ANALYST CERTIFICATIONS AND REQUIRED DISCLOSURES BEGIN ON PAGE 21

ANALYST CERTIFICATIONS AND REQUIRED DISCLOSURES BEGIN ON PAGE 21 July 2017 FC Research ANALYST CERTIFICATIONS AND REQUIRED DISCLOSURES BEGIN ON PAGE 21 Monetary Policy Review..... 3 Rating Outlook: Moody s... 4 Inflation... 5 M2B & Sector Credit... 7 Reserves & Liquidity...

More information

Week ending 12-Oct 05-Oct +/- ASPI 5, , % S&P SL20 2, , % Banking & Finance 15, ,

Week ending 12-Oct 05-Oct +/- ASPI 5, , % S&P SL20 2, , % Banking & Finance 15, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES ASPI Tracks Global Financial Market Slump Global Market Rout Pulls Oil s Lower ASPI 1.17% S&P SL20 2.12% The Bourse ended the week

More information

KENANGA INVESTMENT CORPORATION LTD

KENANGA INVESTMENT CORPORATION LTD Yield KENANGA INVESTMENT CORPORATION LTD LKR/USD Change Yield % Sri Lankan Economic Update Weekly 29 th May 215 COUNTRY RATING: FITCH: BB-, S&P: B+, MOODY S: B1 Economic Indicators: LKR/USD 136.33 (1.16%

More information

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER Highlights

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER Highlights Financial Sector Quarterly Update-1st t Quarter 26 SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER 26 Highlights Performance of the ing Sector 1 : At the end of the 4 th quarter of 25, out of

More information

KENANGA INVESTMENT CORPORATION LTD

KENANGA INVESTMENT CORPORATION LTD LKR Mn Yield Economic Indicators: LKR/USD 141.37 (.4% WoW) AWPR: 7.28% (.4% WoW) AWDR: 6.5% (.5% MoM) ASPI: 7,59 (.24% WoW) S&P SL2: 3,824 (.56% WoW) 11.5% 1 1.5% 1 9.5% 9.% 8.5% 7.5% 6.5% Government Securities

More information

Week ending 28-Sep 21-Sep +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, ,

Week ending 28-Sep 21-Sep +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, , (Turnover LKR Bn) ASPI Equities Hit a 5-Year low. Inflation Eases in Aug 18 Despite Rising Core s.. ASPI 0.72% S&P SL20 0.49% The Bourse ended the week Cont. P2 Foreign investors closed the week... Cont.

More information

Week ending 07-Dec 30-Nov +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, ,

Week ending 07-Dec 30-Nov +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 16, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES ASPI Hits One-Week Low Amid Credit Downgrades S&P and Fitch Ratings Downgrade Sri Lanka ASPI ^ 0.83% S&P SL20 ^ 0.49% The Bourse ended

More information

Textured Jersey Lanka PLC

Textured Jersey Lanka PLC Textured Jersey Lanka PLC Interim Update (Q4 FY ) 04 th July 2014 Manufacturing Sector Sales for FY20 reached LKR 12.7bn, 16% higher YOY while TJL maintained its gross margin for FY20 at 11% levels and

More information

CEYLON GUARDIAN INVESTMENT TRUST PLC

CEYLON GUARDIAN INVESTMENT TRUST PLC INTERIM REPORT FOR THE TWELVE MONTHS ENDED 31ST MARCH 2018 A CARSON CUMBERBATCH COMPANY Managers Review For the period ended 31st March 2018 The local equity market began the financial year with a strong

More information

ASSETLINE MUTUAL FUNDS INTERIM REPORT FOR THE SIX MONTHS PERIOD ENDED SEPTEMBER 30, 2018

ASSETLINE MUTUAL FUNDS INTERIM REPORT FOR THE SIX MONTHS PERIOD ENDED SEPTEMBER 30, 2018 ASSETLINE MUTUAL FUNDS INTERIM REPORT FOR THE SIX MONTHS PERIOD ENDED SEPTEMBER 30, 2018 Table of Contents 1. Corporate Information 1 2. Fund Manager s Report 2 3. Fund Report of Assetline Income Fund

More information

Week ending 09-Nov 02-Nov +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, ,

Week ending 09-Nov 02-Nov +/- ASPI 5, , % S&P SL20 3, , % Banking & Finance 15, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES Political Uncertainty Dominates Sentiment Foreign Outflows from Capital Markets Continue ASPI 1.86% S&P SL2 3.56% The Bourse ended

More information

FC Research Analyst: Amanda Lokugamage

FC Research Analyst: Amanda Lokugamage Analyst: Amanda Lokugamage PIRAMAL GLASS CEYLON PLC SRI LANKA Earnings Update REITERATE BUY GLAS.N0000 Current Price: LKR 6.2 Fair Value: LKR 7.5 MAY 2015 KEY DATA Share Price (LKR) 6.20 52w High/Low (LKR)

More information

Dialog Telekom PLC (DIAL)

Dialog Telekom PLC (DIAL) Sri Lanka Equities Corporate Update Dialog Telekom PLC (DIAL) Rs. 6.25 78.00 BUY Rs. 28.00 26.00 Volume Adjusted Price Adjusted DIAL Price Volume Graph 250,000,000 Financial Year NPAT (Rs.m) NPAT after

More information

[ ] WEEKLY CHANGES AGAINST THE USD. » The Bank of England raised its benchmark interest rate to its highest level in MACRO & MARKET COMMENTARY

[ ] WEEKLY CHANGES AGAINST THE USD. » The Bank of England raised its benchmark interest rate to its highest level in MACRO & MARKET COMMENTARY August 06, 2018 [ ] MACRO & MARKET COMMENTARY» The Bank of England raised its benchmark interest rate to its highest level in almost a decade. Raising the interest rate is suggesting that inflation continues

More information

SRI LANKA SECTOR QUARTERLY UPDATE. Highlights

SRI LANKA SECTOR QUARTERLY UPDATE. Highlights Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized SRI LANKA SECTOR QUARTERLY UPDATE THIRD QUARTER 29 Highlights Financial Sector Quarterly

More information

[ ] WEEKLY CHANGES AGAINST THE USD

[ ] WEEKLY CHANGES AGAINST THE USD January 15, 2018 [ ] MACRO & MARKETS COMMENTARY» The European central bank (ECB) has indicated it should revisit its communication stance in early 2018, according to the ECB s minutes of December meeting

More information

CEYBANK UNIT TRUST FUND (INCOME & GROWTH) 31 MARCH 2015

CEYBANK UNIT TRUST FUND (INCOME & GROWTH) 31 MARCH 2015 CEYBANK UNIT TRUST FUND (INCOME & GROWTH) 31 MARCH 2015 CEYBANK UNIT TRUST FUND Annual Report and Accounts 2014/2015 Investment Objective To achieve a superior rate of return in the medium to long term,

More information

Aitken Spence Hotel Holdings PLC (AHUN)

Aitken Spence Hotel Holdings PLC (AHUN) Sri Lanka Equities Corporate Update July 2010 John Keells Stock Brokers (Pvt) Ltd. A JKSB Research Publication Jeewanthi Malagala jeewanthi@jkstock.keells.com Aitken Spence Hotel Holdings PLC (AHUN) Rs.420.00

More information

Sampath Bank PLC (SAMP)

Sampath Bank PLC (SAMP) Sri Lanka Equities Corporate Update July 2010 John Keells Stock Brokers (Pvt) Ltd. A JKSB Research Publication Yolan Seimon yolan@jkstock.keells.com Sampath Bank PLC (SAMP) Rs 333.00 Financial Year (Dec)

More information

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE. FIRST QUARTER 2004 Highlights

SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE. FIRST QUARTER 2004 Highlights SRI LANKA FINANCIAL SECTOR QUARTERLY UPDATE FIRST QUARTER 24 Highlights Introduction : This note is prepared by the World Bank Colombo Office to review the trends of some of the key indicators which have

More information

DIAL Share Information

DIAL Share Information Index Volume 000 140 1 60 40 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 ASPI Index S&P SL Index DIAL Index Volume - Figure 1: Share Volumes & Relative Performance

More information

First Capital Research P Analyst: a g e Atchuthan 1 Srirangan

First Capital Research P Analyst: a g e Atchuthan 1 Srirangan Price (LKR) KEY DATA Share Price (LKR) Average Daily Volume (Shares) Average Daily Turnover (LKR) First Capital Research P Analyst: a g e Atchuthan 1 Srirangan 1,386.1 Price Performance (%) 1 mth 3 mths

More information

Week ending 08-June 01-June +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 17, ,

Week ending 08-June 01-June +/- ASPI 6, , % S&P SL20 3, , % Banking & Finance 17, , (Turnover LKR Bn) ASPI ACUITY STOCKBROKERS RESEARCH SRI LANKA EQUITIES YTD return on ASPI turns negative.. Indices vs. Turnover (04 th Jun-08 th Jun) IMF Approves the 5 th Disbursement Under EFF ASPI 0.72%

More information

CENTRAL BANK OF SRI LANKA

CENTRAL BANK OF SRI LANKA CENTRAL BANK OF SRI LANKA SELECTED WEEKLY ECONOIC INDICATORS 31 October. Economic Research Department Tel. : (94 11) 2477177 3, Janadhipathi awatha E-mail : cbslgen@sri.lanka.net Colombo 1 Website : http://www.centralbanklanka.org

More information