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

Transcription

1 - Index 12th Mar 11th Mar Change % Change ASPI 5, , (11.05) -0.19% S&P SL20 3, , (3.83) -0.12% Market Statistics Value of Turnover(Rs.) Domestic Purchases Domestic Sales Foreign Purchases Foreign Sales Volume of Turnover (No.) PER PBV 7,000 6,000 5,000 4,000 3,000 2,000 1, Rs.Mn 0 12th Mar 11th Mar 408,013, ,558, ,989, ,916, ,259, ,206, ,024, ,642, ,754, ,352,126 13,588,208 18,037, , , , , , , , , , , Sch th Mar 7th Mar 10th Mar 11th Mar 12th Mar ASPI S&P SL20 6th Mar 7th Mar 10th Mar 11th Mar 12th Mar Volume Mn The bourse continues to plunge resulting indices to dip further in red Adding further to the losses logged during the previous trading day, market witnessed a drop resulting both indices to close negative once again. The ASPI charted a loss of points or 0.19% to close the day just a 34 points above the 5,900 mark, falling to a lowest level posted after 3rd of March. The S&P SL20 lost 0.12% to close within the red terrain at 3, charting a loss of 3.83 points. A total of 85 companies gained during the day whereas 72 companies posted declines in share prices; J.L. Morison Sons & Jones (Ceylon) PLC Non- Voting (15.00%) led the price gainers, on the other hand, Lanka Century Investments PLC W6 (-16.67%) led the price losers. As at the daily closure, the total market capitalization stood at LKR 2.48Tn, resulting in the year to date gain to fall to 0.74%. The market PER and PBV were & 1.95x respectively. The turnover for the day amounted to record LKR Mn, indicating a drop of 49.29% from its previously recorded. Having witnessed a noteworthy interest, John Keells Holdings PLC (JKH) stood out as the top subscriber for the day providing LKR Mn, accounting a significant share of 31.74% of the day s accumulated turnover. The counter captured substantial interest within the day, with 91 trades resulting in a total quantity of 578K shares being dealt from LKR /- to LKR /-. JKH settled the day at LKR /- dropping by LKR 0.50/- or 0.22%. By making a contribution of LKR Mn, Commercial Bank of Ceylon PLC (COMB) secured the second place. The counter was predominantly supported by an off-market deal worth LKR Mn resulted by 919K shares being blocked at LKR /-. Turnover Foreign Purchases Volume

2 Having traded between a highest traded price of LKR /- and a low of LKR /-, COMB settled at its intra-day peak recording a gain of LKR 0.50/- or 0.43%. Dialog Axiata PLC (DIAL) provided nearly LKR 20Mn to the day s aggregate turnover, while witnessing a substantial quantity of 2.02Mn shares being dealt at prices ranging from LKR 9.00/- to LKR 9.20/- which allowed the counter to safely dominate the list of the top traded counters. The counter closed the day at LKR 9.00/- with no change to its share price. Moreover, the three prime contributors to the daily turnover JKH, COMB & DIAL accounted to nearly 65.00% of it. Under the sectorial summary, Bank Finance & Insurance (BFI) sector topped the list providing LKR Mn and Diversified Holdings (DIV) sector stood next in line providing LKR Mn. The two sectors collectively accounted to approximately 80.00% of the day s total turnover. A total of 13.59Mn shares changed hands during the day resulting in a drop of 24.67% compared to the previous trading day. Asia Asset Finance PLC (1.46Mn shares) and Commercial Bank of Ceylon PLC (1.00Mn shares) were next in line to DIAL under the top subscribers to the daily volumes. Foreign participants appeared to be bullish for the 6 th consecutive trading session resulting in a net foreign inflow of LKR 95.27Mn, further reducing the year to date net foreign outflow to LKR 3.81Bn. Foreign buying for the day amounted to LKR Mn and selling were LKR Mn. Market Capitalisation Company Name Price Issued Qty Mkt Capitalization As a % (Total) JOHN KEELLS HOLDINGS PLC ,236, ,308,017, CEYLON TOBACCO COMPANY PLC 1, ,323, ,549,076, NESTLE LANKA PLC 2, ,725, ,450,926, COMMERCIAL BANK OF CEYLON PLC ,830,149 91,484,950, SRI LANKA TELECOM PLC ,804,860,000 79,413,840, DIALOG AXIATA PLC ,143,778,405 73,294,005, CARSON CUMBERBATCH PLC ,386,914 68,735,419, DISTILLERIES COMPANY OF SRI LANKA PLC ,000,000 61,110,000, THE BUKIT DARAH PLC ,000,000 56,110,200, HATTON NATIONAL BANK PLC ,681,167 48,911,218, Highest Volume Highest Turnover Company Name Share Turnover (Rs) Company Name Trade Share Turnover (Rs) Vol. Vol. Vol. DIALOG AXIATA PLC 2,015,230 18,137, JOHN KEELLS HOLDINGS PLC , ,505, ASIA ASSET FINANCE PLC 1,459,151 2,628, COMMERCIAL BANK OF CEYLON PLC 37 1,002, ,834, COMMERCIAL BANK OF CEYLON PLC 1,002, ,834, DIALOG AXIATA PLC 23 2,015,230 18,137, AMANA TAKAFUL PLC 946,624 1,325, NATIONAL DEVELOPMENT BANK PLC 27 73,389 13,213, PC HOUSE PLC 691, , CITRUS LEISURE PLC ,331 9,344, JOHN KEELLS HOLDINGS PLC 577, ,505, SAMPATH BANK PLC 47 48,667 8,516, CITRUS LEISURE PLC 566,331 9,344, NATIONS TRUST BANK PLC ,112 8,071, BLUE DIAMONDS JEWELLERY WORLDWIDE PLC 503,827 1,709, SRI LANKA TELECOM PLC 8 143,645 6,320, TESS AGRO PLC 476, , THE BUKIT DARAH PLC 15 11,497 6,290, BROWNS INVESTMENTS PLC 395, , COLOMBO DOCKYARD PLC 16 34,732 6,078,116.20

3 Top Gainers Company Name VWA Prev VWA Days Change Change High Low No. of Turnover Close Close (Rs.) % (Rs.) (Rs.) Shares (Rs.) MORISONS [X] , KAHAWATTE CEYLON LEATHER [W14] ,802 45, HORANA , , MULLERS Top Losers Company Name VWA Prev VWA Days Change Change High Low No. of Turnover Close Close (Rs.) % (Rs.) (Rs.) Shares (Rs.) LANKA CENTURY [W6] (0.10) (16.67) ,087 6, SERENDIB HOTELS (2.60) (8.47) , , S M B LEASING (0.10) (8.33) , , INDUSTRIAL ASPH (13.90) (6.62) C T HOLDINGS (8.90) (6.40) , , Market Highlights - Sector Wise Sector Price Index Turnover Sector Today Privious Value (Rs) Volume Trades P/E PBV BANK FINANCE AND INSURANCE 13, , ,696,472 5,153, BEVERAGE FOOD AND TOBACCO 19, , ,778,441 38, CONSTRUCTION AND ENGINEERING 2, , ,014, , CHEMICALS AND PHARMACEUTICALS 5, , ,305,509 22, DIVERSIFIED HOLDINGS 1, , ,708,996 2,186, FOOTWEAR AND TEXTILE ,997 52, HOTELS AND TRAVELS 3, , ,460, , HEALTH CARE ,518, , INVESTMENT TRUSTS 17, , ,806,226 64, INFORMATION TECHNOLOGY , , LAND AND PROPERTY ,629,089 72, MANUFACTURING 2, , ,942,034 1,102, MOTORS 15, , , OIL PALMS 85, , ,292,055 11, POWER & ENERGY ,234, , PLANTATIONS ,018,362 52, STORES SUPPLIES 19, , , SERVICES 21, , ,673 71, TELECOMMUNICATIONS ,457,698 2,158, TRADING 13, , ,163, ,

4 Exchange Rates Indicative Rates Currency 12th March 11th March 12th Mar 11th Mar 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 Standing Deposit Facility (SDF) Standing Lending Facility (SLF) Bank Rate Statutory Reserve Ratio (SRR) Description Rate ( Per Annum) 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 Annual Average Change Description December January February December January February SLIBOR & LIBOR Description SLIBOR (12th March) (%) LIBOR - GBP (11th March) (%) LIBOR - USD (11th March) (%) (CBSL.lk, Global-rates.com) Over Night 7 Days 1 M 3 M 6 M 12 M

5 Country Foreign Markets- Index 11-Mar-14 % Change 10-Mar-14 % Change 7-Mar-14 USA Dow Jones Indus. AVG 16, % 16, % 16, USA NASDAQ Composite Index 4, % 4, % 4, Europe Euro Stoxx 50 Pr 3, % 3, % 3, UK FTSE 100 6, % 6, % 6, Japan Nikkei , % 15, % 15, Hong Kong Hang Seng Index 22, % 22, % 22, China CSI 300 Index 2, % 2, % 2, Pakistan Karachi 100 Index 27, % 27, % 26, India BSE Sensex Index 21, % 21, % 21, Singapore Straits Times Index 3, % 3, % 3, Malaysia FTSE Bursa Malaysia EMAS 12, % 12, % 12, Mongolia MSE Top 20 Index 16, % 16, % 16, Bloomberg Rubber Prices - 06 March 2014 World Commodity Prices Grade Price Range (Rs) Commodity 12-Mar Mar Mar-14 LC No.1X Brent Crude Oil LC No WTI Crude Oil LC No Gold 1, , , LC No Silver LC No Copper SC (Br) No SC (Br) No SC (Br) No SC (Br) No Flat Bark Month Skim Crepe January 85, , ,575 RS Sheet No February 83, ,968 RS Sheet No March 91, ,208 RS Sheet No April 69,591 80,737 RS Sheet No May 57,506 74,838 June 65,245 90,279 Tea Prices Tourist Arrivals to Sri Lanka July 90, ,016 Elevation Sale No : 9 Sale No : 8 August 79, ,269 Uva High September 71,111 90,339 Western High October 80, ,058 Uva Medium November 109, ,420 Western Medium December 122, ,918 Low Grow n Total 1,005,605 1,274, ,575

6 Sri Lanka Treasuries ease lower Sri Lanka's Treasuries yields edged lower at Wednesday's auction with the 3-month yield down 02 basis points to 6.69 percent. The 6-month yield fell 03 basis points to 6.85 percent and the 12-month yield fell 01 basis point to 7.06 percent. The state debt office said 500 million rupees in 3-month bills, 4.3 billion in 6-month bills and 13.4 billion rupees in 12-month bills were sold. The debt office offered 10 billion rupees of bills and accepted 18.2 billion in bids. (lankabusinessonline.com) Rupee ends steady after hitting 4-month high The rupee ended steady for a third day running on Tuesday as the currency surrendered early gains on high importer dollar demand in late trading while there was no intervention from the Central Bank. The spot rupee ended flat at /57 per dollar, retreating from /55, its highest intraday level since 7 November, touched in early trade due to remittances and bank dollar sales. The currency has gained 0.38% in the last nine sessions through Tuesday. The rupee has been on a rising trend since 27 February amid weak demand for dollars from importers. The market, however, expects downward pressure due to high imports for the traditional New Year in mid-april and outflows from equities, though the depreciation is expected to be mild as the Central Bank has strong reserves to defend the rupee. Foreign investors sold a net Rs billion worth of stocks in 22 straight sessions through Tuesday, and sold a net Rs billion worth of Government securities for the week ended 5 March. The rupee has gained about 3.6% since it hit a record low of on 28 August last year. It lost 2.5% in (ft.lk) West prepares sanctions against Russians Western officials are preparing to punish Russia and provide more support for Ukraine's new pro-europe government as the crisis in Crimea escalates. The U.S., U.K. and other European countries were meeting in London to prepare a list of Russians who would face a travel ban and have their assets frozen unless Moscow talks to Ukraine about resolving a military standoff in its Black Sea region. European leaders, including U.K. Prime Minister David Cameron, said the window for diplomacy was closing fast as Crimea prepares to hold a referendum on joining Russia on Sunday. The West says the planned vote is illegal and won't be recognized by the international community. French Foreign Minister Laurent Fabius tweeted that sanctions could come as early as this week, although the European Union may want to wait until all 28 foreign ministers meet in Brussels on Monday before taking a final decision. (money.cnn)

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