- 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 Purchases Foreign Sales Volume of Turnover (No.) PER PBV 7,000 6,000 5,000 4,000 3,000 2,000 1,000 900 800 700 600 500 400 300 200 100 0 Rs.Mn 0 12th Mar 11th Mar 408,013,846 804,558,899 149,989,146 602,916,549 245,259,469 672,206,773 258,024,699 201,642,350 162,754,377 132,352,126 13,588,208 18,037,515 15.83 15.73 1.95 1.96 5,961.93 5,966.06 5,957.61 5,944.57 5,933.52 3,234.05 3,244.99 3,252.29 3,240.12 3,236.29 Sch890111149 6th Mar 7th Mar 10th Mar 11th Mar 12th Mar ASPI S&P SL20 6th Mar 7th Mar 10th Mar 11th Mar 12th Mar 35 30 25 20 15 10 5 0 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 11.05 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 3,236.29 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 15.83 & 1.95x respectively. The turnover for the day amounted to record LKR 408.01Mn, 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 129.51Mn, 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 223.50/- to LKR 225.00/-. JKH settled the day at LKR 224.50/- dropping by LKR 0.50/- or 0.22%. By making a contribution of LKR 114.83Mn, Commercial Bank of Ceylon PLC (COMB) secured the second place. The counter was predominantly supported by an off-market deal worth LKR 105.26Mn resulted by 919K shares being blocked at LKR 114.50/-. Turnover Foreign Purchases Volume
Having traded between a highest traded price of LKR 115.50/- and a low of LKR 114.50/-, 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 173.70Mn and Diversified Holdings (DIV) sector stood next in line providing LKR 151.71Mn. 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 258.02Mn and selling were LKR 162.75Mn. Market Capitalisation Company Name Price Issued Qty Mkt Capitalization As a % (Total) JOHN KEELLS HOLDINGS PLC 224.50 990,236,157 222,308,017,246 9.49 CEYLON TOBACCO COMPANY PLC 1,140.00 187,323,751 213,549,076,140 9.11 NESTLE LANKA PLC 2,000.00 53,725,463 107,450,926,000 4.59 COMMERCIAL BANK OF CEYLON PLC 115.10 794,830,149 91,484,950,150 3.90 SRI LANKA TELECOM PLC 44.00 1,804,860,000 79,413,840,000 3.39 DIALOG AXIATA PLC 9.00 8,143,778,405 73,294,005,645 3.13 CARSON CUMBERBATCH PLC 350.00 196,386,914 68,735,419,900 2.93 DISTILLERIES COMPANY OF SRI LANKA PLC 203.70 300,000,000 61,110,000,000 2.61 THE BUKIT DARAH PLC 550.10 102,000,000 56,110,200,000 2.39 HATTON NATIONAL BANK PLC 153.00 319,681,167 48,911,218,551 2.09 Highest Volume Highest Turnover Company Name Share Turnover (Rs) Company Name Trade Share Turnover (Rs) Vol. Vol. Vol. DIALOG AXIATA PLC 2,015,230 18,137,120.00 JOHN KEELLS HOLDINGS PLC 91 577,586 129,505,915.60 ASIA ASSET FINANCE PLC 1,459,151 2,628,621.90 COMMERCIAL BANK OF CEYLON PLC 37 1,002,686 114,834,499.90 COMMERCIAL BANK OF CEYLON PLC 1,002,686 114,834,499.90 DIALOG AXIATA PLC 23 2,015,230 18,137,120.00 AMANA TAKAFUL PLC 946,624 1,325,167.10 NATIONAL DEVELOPMENT BANK PLC 27 73,389 13,213,089.00 PC HOUSE PLC 691,403 213,311.10 CITRUS LEISURE PLC 43 566,331 9,344,486.50 JOHN KEELLS HOLDINGS PLC 577,586 129,505,915.60 SAMPATH BANK PLC 47 48,667 8,516,637.90 CITRUS LEISURE PLC 566,331 9,344,486.50 NATIONS TRUST BANK PLC 45 128,112 8,071,177.40 BLUE DIAMONDS JEWELLERY WORLDWIDE PLC 503,827 1,709,511.80 SRI LANKA TELECOM PLC 8 143,645 6,320,577.50 TESS AGRO PLC 476,555 570,921.70 THE BUKIT DARAH PLC 15 11,497 6,290,835.00 BROWNS INVESTMENTS PLC 395,418 870,620.60 COLOMBO DOCKYARD PLC 16 34,732 6,078,116.20
Top Gainers Company Name VWA Prev VWA Days Change Change High Low No. of Turnover Close Close (Rs.) % (Rs.) (Rs.) Shares (Rs.) MORISONS [X] 200.00 230.00 30.00 15.00 230.00 230.00 10 2,300.00 KAHAWATTE 33.00 37.50 4.50 13.64 37.50 37.50 2 75.00 CEYLON LEATHER [W14] 1.00 1.10 0.10 10.00 1.10 1.00 44,802 45,192.00 HORANA 22.80 24.80 2.00 8.77 25.00 22.60 16,570 410,988.80 MULLERS 1.20 1.30 0.10 8.33 1.30 1.20 12 15.50 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] 0.60 0.50 (0.10) (16.67) 0.60 0.50 13,087 6,843.60 SERENDIB HOTELS 30.70 28.10 (2.60) (8.47) 31.00 28.10 5,800 179,605.00 S M B LEASING 1.20 1.10 (0.10) (8.33) 1.20 1.10 237,617 267,368.70 INDUSTRIAL ASPH. 210.00 196.10 (13.90) (6.62) 196.10 196.10 1 196.10 C T HOLDINGS 139.00 130.10 (8.90) (6.40) 134.10 130.00 2,000 260,122.50 Market Highlights - Sector Wise Sector Price Index Turnover Sector Today Privious Value (Rs) Volume Trades P/E PBV BANK FINANCE AND INSURANCE 13,143.21 13,140.08 173,696,472 5,153,224 873 8.90 1.40 BEVERAGE FOOD AND TOBACCO 19,923.25 20,007.90 2,778,441 38,467 118 22.60 5.00 CONSTRUCTION AND ENGINEERING 2,691.94 2,699.92 8,014,807 135,430 62 10.40 1.40 CHEMICALS AND PHARMACEUTICALS 5,809.60 5,773.93 1,305,509 22,765 37 8.80 1.20 DIVERSIFIED HOLDINGS 1,756.62 1,765.70 151,708,996 2,186,467 463 21.30 1.90 FOOTWEAR AND TEXTILE 737.89 740.29 89,997 52,836 28 0.00 0.90 HOTELS AND TRAVELS 3,150.25 3,154.69 13,460,401 740,747 212 46.10 2.80 HEALTH CARE 776.86 781.55 4,518,860 343,915 121 25.80 2.70 INVESTMENT TRUSTS 17,427.48 17,363.59 2,806,226 64,626 64 24.00 1.10 INFORMATION TECHNOLOGY 85.93 87.04 504,894 711,708 47 0.00 1.60 LAND AND PROPERTY 565.78 561.73 1,629,089 72,369 72 10.60 0.90 MANUFACTURING 2,865.45 2,868.77 11,942,034 1,102,384 421 13.10 1.80 MOTORS 15,137.77 15,112.88 27,180 70 2 7.50 1.10 OIL PALMS 85,819.23 84,640.89 6,292,055 11,498 16 78.40 4.00 POWER & ENERGY 137.63 138.68 2,234,642 127,203 76 8.40 1.50 PLANTATIONS 718.43 703.27 1,018,362 52,308 107 5.20 0.70 STORES SUPPLIES 19,657.35 19,447.40 49,877 111 6 18.20 1.70 SERVICES 21,464.75 21,273.44 314,673 71,693 30 7.50 1.50 TELECOMMUNICATIONS 170.77 172.18 24,457,698 2,158,875 31 16.00 1.50 TRADING 13,471.16 13,401.21 1,163,634 541,512 93 13.20 1.30
Exchange Rates Indicative Rates Currency 12th March 11th March 12th Mar 11th Mar Currency Buying Selling Buying Selling Ind: Value Ind: Value Dollar (USA) 129.12 132.00 129.12 132.00 Yuan (China) 21.25 21.28 Pound (UK) 214.00 220.12 214.17 220.30 Rupee (India) 2.14 2.14 Euro (EU) 177.94 183.76 178.07 183.90 Won (Korean) 0.12 0.12 Franc (Sw itzerland) 146.10 151.49 145.93 151.31 Dinar (Kuw ait) 463.43 464.06 Dollar (Canada) 115.59 119.50 115.51 119.42 Ringgit (Malay) 39.72 39.83 Dollar (Australia) 114.82 119.17 115.72 120.11 Rial (Oman) 338.96 339.10 Dollar (Singapore) 101.32 104.65 101.41 104.74 Riyal (Qatar) 35.84 35.85 Yen (Japan) 1.25 1.29 1.24 1.28 Riyal (KSA) 34.80 34.81 Dirham (UAE) 35.53 35.54 Central Bank's Policy Rates Standing Deposit Facility (SDF) Standing Lending Facility (SLF) Bank Rate Statutory Reserve Ratio (SRR) Description Rate ( Per Annum) 6.50 8.00 15.00 6.00 Treasury Bills AWPLR AWDR This week Last week This Week Last week This Month Last Month 91 Days 6.69 6.71 Weekly 8.74 9.37 Monthly 8.83 9.14 182 Days 6.85 6.88 Monthly 9.40 9.65 6 Months 9.43 9.64 364 Days 7.06 7.07 6 Months 10.54 10.95 1 Year 10.99 11.46 Colombo Consumers Price Index (CCPI) Year on Year Change Annual Average Change Description 2013 2014 2012 2013 December January February December January February 4.70 4.40 4.20 9.20 9.80 9.80 6.90 6.50 6.00 7.60 8.10 8.60 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 7.00 7.60 8.02 8.50 8.89 9.40 0.46750 0.46625 0.48313 0.52094 0.61375 0.89656 0.08850 0.12400 0.15580 0.23330 0.33100 0.55520
Country Foreign Markets- Index 11-Mar-14 % Change 10-Mar-14 % Change 7-Mar-14 USA Dow Jones Indus. AVG 16,351.25-0.41% 16,418.68-0.21% 16,452.72 USA NASDAQ Composite Index 4,307.19-0.63% 4,334.45-0.04% 4,336.22 Europe Euro Stoxx 50 Pr 3,092.55-0.01% 3,092.79-0.08% 3,095.31 UK FTSE 100 6,685.52-0.06% 6,689.45-0.35% 6,712.67 Japan Nikkei 225 15,224.11 0.69% 15,120.14-1.01% 15,274.07 Hong Kong Hang Seng Index 22,269.61 0.02% 22,264.93-1.75% 22,660.49 China CSI 300 Index 2,108.66 0.52% 2,097.79-3.25% 2,168.36 Pakistan Karachi 100 Index 27,309.02 0.49% 27,176.26 1.06% 26,892.23 India BSE Sensex Index 21,826.42-0.49% 21,934.83 0.07% 21,919.79 Singapore Straits Times Index 3,129.40 0.09% 3,126.63-0.31% 3,136.26 Malaysia FTSE Bursa Malaysia EMAS 12,678.85 0.34% 12,636.25-0.57% 12,708.98 Mongolia MSE Top 20 Index 16,582.26-0.16% 16,608.03 0.19% 16,577.12 Bloomberg Rubber Prices - 06 March 2014 World Commodity Prices Grade Price Range (Rs) Commodity 12-Mar-14 11-Mar-14 10-Mar-14 LC No.1X 305.00-305.00 Brent Crude Oil 108.55 108.08 109.00 LC No.1 295.00-305.00 WTI Crude Oil 100.03 101.12 102.58 LC No.2 265.00-280.00 Gold 1,346.50 1,341.40 1,338.10 LC No.3 250.00-260.00 Silver 20.78 20.88 20.90 LC No.4 240.00-245.00 Copper 3.03 3.11 3.16 SC (Br) No.1 235.00-240.00 SC (Br) No.2 220.00-220.00 SC (Br) No.3 210.00-215.00 SC (Br) No.4 208.00-208.00 Flat Bark 195.00-195.00 Month 2012 2013 2014 Skim Crepe 154.25-207.00 January 85,874 110,543 146,575 RS Sheet No.1 295.00-295.00 February 83,549 113,968 RS Sheet No.2 290.00-292.50 March 91,102 113,208 RS Sheet No.3 278.00-280.00 April 69,591 80,737 RS Sheet No.4 275.00-276.50 May 57,506 74,838 June 65,245 90,279 Tea Prices Tourist Arrivals to Sri Lanka July 90,338 107,016 Elevation Sale No : 9 Sale No : 8 August 79,456 123,269 Uva High 411.76 397.34 September 71,111 90,339 Western High 447.25 448.46 October 80,379 107,058 Uva Medium 425.54 419.60 November 109,202 109,420 Western Medium 416.66 409.53 December 122,252 153,918 Low Grow n 484.80 504.44 Total 1,005,605 1,274,593 146,575
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 130.55/57 per dollar, retreating from 130.50/55, 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. 5.29 billion worth of stocks in 22 straight sessions through Tuesday, and sold a net Rs. 4.57 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 135.20 on 28 August last year. It lost 2.5% in 2013. (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)
Vice President Business Development Manager - Research Thakshila Hulangamuwa Pasindu Perera thakshi@ashaphillip.net pasindu@ashaphillip.net 0094 113070494 0094 112429109 Research Team Lasantha Senanayake lasantha@ashaphillip.net 0094 112429129 Nishantha Warnakulasuriya nishantha@ashaphillip.net 0094 112429137 Head Office: Southern Region (Matara) #24-1/3A, 2 nd Floor, E.H. Cooray Tower, Anagarika Dharmapala Mw, Matara. Tel: 041 2235191-5 Branch Office: Matara #24-1/3A, 1st Floor E.H. Cooray Tower Anagarika Dharmapala Mw, Matara Tel. 041 2223940 Branch Office: Negombo #72 A 2/1, Old Chilaw Road, Negombo. Tel. 031 2227474 Branch Office: Gampaha #21,Courts Road, Gampaha. Tel. 033 2234888 Branch Office: Kiribathgoda Udeshi City Shopping Complex, 2nd Floor, #2/12, Makola Road, Kiribathgoda. Tel. 011 2908511 Branch Office: Kurunegala #6,1st Floor, Union Assurance Bldg, Rajapihilla Mawatha, Kurunegala. Tel. 037 2234777 Branch Office: Kandy Ceybank House, # 88, Dalada Vidiya, Kandy. Tel. 081 2204750 Branch Office: Batticaloa #22 B, Bar Road, Batticaloa, Tel: 065 2228029 Branch Office: Jaffna #147 2/3 K.K.S. Road, Jaffna. Tel: 021 2221614 Branch Office: Panandura # 190, New Galle Road, Walana, Panandura. Tel: 038 2234780 Branch Office: Ambalanthota # 153, Tissa Road, Ambalanthota. Tel: 047-2225170 Branch Office: Embilipitiya #62, Sampath Bank Building, Main Street, Embilipitiya. Tel. 047 2261950 Branch Office: Anuradhapura # 213/7, 2nd Floor, Maithreepala Senanayake Mw, Bank Side, New Town, Anurahapura. Tel. 025 2234705 Branch Office : Galle #16, Sri Devamittha Mw, Galle. Tel. 091 2233558 Branch Office: Hambantota # 59A Main Street, Hambantota. Tel: 047 2222242 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.