VANTAGE POINT. Inside Story. LOLC Securities Limited Monthly Issue December 2016

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Transcription:

VANTAGE POINT `1 LOLC Securities Limited Monthly Issue December 216 Focus: Upward trend in indices continued to close the market on a green note for the sixth consecutive day. Turnover recorded at 1.56 The parabolic SAR gives a neutral signal. Inside Story >>Globetrotter Monthly movements of top equity, commodity, currency and bond markets around the world and data related to major economies >>Macroscope Movements of the key economic indicators consisting of interest rates, inflation, external trade, key industries in Sri Lanka >>Market Direction Research Contacts Key indicators of the Sri Lankan equity market including major indices, foreign trades, technical aspects and regional comparison >>Counter of Focus A brief overview about a listed company in the Sri Lankan equity market including fundamental aspects. Shehan Bartholomeuz +94 11 5889835 shehanb@lolcsecurities.com Gayan Rajakaruna +94 11 5889837 gayanraj@lolcsecurities.com >>Relative Valuation Grid Hiruni Perera +94 11 588989 Consists of selected listed counters in the Sri Lankan equity market and their key fundamental and technical indicators and a list of counters trading below their respective net asset values. hirunipe@lolcsecurities.com 17-Jan-17

Equity Markets : Globetrotter US equity market improves Oil prices increase Gold prices decline Bond yields decline US and UK equity markets improved towards year end while Trumponomics and Brexit making outlook for 217 less predictable. S&P 5 Chg% M 2.18% FTSE 1 (UK) Chg% M: 5.77% Nikkei (Japan) Chg% M: 3.25% 2,28 2,26 2,24 2,22 2,2 2,18 2,16 2,14 Th 7,2 7,1 7, 6,9 6,8 6,7 6,6 6,5 2, 19,5 19, 18,5 18, 17,5 12/1/16 12/1/16 12/19/16 12/28/16 Source: Bloomberg Source: Bloomberg Source: Bloomberg Sensex (India) Chg% M.25% STI (Singapore) Chg% M: -1.63% HSI (Hong Kong)Chg% M: -3.84% 27, 26,8 26,6 26,4 26,2 26, 25,8 25,6 25,4 25,2 2,98 2,96 2,94 2,92 2,9 2,88 2,86 2,84 2,82 23, 22,5 22, 21,5 21, 2,5 12/1/16 12/1/16 12/19/16 12/28/16 Source: Bloomberg Source: Bloomberg Source: Bloomberg Oil prices increased during December while Gold prices continued to see a decline. Other commodities saw mixed Commodity Markets: results during the month. Crude Oil (WTI) Chg% M: 3.39% Gold Chg% M: -1.66% Copper Chg% M: -5.2% 56 55 54 53 52 51 5 1,19 1,18 1,17 1,16 1,15 1,14 1,13 1,12 1,11 1,1 275 27 265 26 255 25 245 24 235 Source: Bloomberg Source: Bloomberg Source: Bloomberg Corn Chg% M: 6.1% Silver Chg% M: -3.57% Palm Oil Chg% M:.97% 37 36 35 34 33 32 31 17.5 17. 16.5 16. 15.5 15. 3,2 3,15 3,1 3,5 3, 2,95 Source: Bloomberg Source: Bloomberg Source: Bloomberg

Currency and Bond Market: USD appreciated against most of the currencies while Euro bond market yields declined during December. Currency GBP:USD USD:CNY USD:JPY EUR:USD AUD:USD USD:SGD USD:IDR USD:THB USD:MYR USD:INR 1.23-1.99% 6.95.86% 116.96 2.51% 1.5-1.35%.72-2.79% 1.45 1.45% 13473. -.68% 35.84.45% 4.49.51% Chg % M USD Index Chg% M: 1.16% 59.89 -.62% Source: Bloomberg 14 13 12 11 1 99 98 Bond Market Yields Europe (1year) -16 bps US (1 year) bps Japan (1 year) 2 bps.5.4.3.2.1. 2.7 2.2 1.7 1.2.1.8.6.4.2. Source: Bloomberg Source: Bloomberg Source: Bloomberg Country Pick : Argentina Argentina is located in Southern South America, bordering the South Atlantic ocean, between Chile and Uruguay. Argentina became Latin America s 3rd largest and South America s 2nd largest economy which benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Early in the 2th century Argentina had one of the highest per capita GDP levels in the world and the third largest economy in the developing world. Argentina was a highly affected country from 21-22 crisis and following 25 years of boom and bust stagnation, Argentina's economy doubled in size from 22 to 213, and officially, income poverty declined from 54% in 22 to 5% by 213. Argentina's main industries include food processing, motor vehicles, consumer durables, textiles, chemicals and petrochemicals, printing, metallurgy and steel. GDP Main Industries Population Currency $ 69.9 billion Argentine pesos GDP per capita $1,514 Unemployment Rate 8.% Inflation 42.8% AWPLR 32.3% Exports $58.4 billion Imports Equity Market Cap Main Index Exchange Rate Food processing, Motor vehicle 43,886,748 $57.23 billion $ 56.13 billion MERVAL Index 14.92 ARS per USD Source: CIA Factbook and Bloomberg The last month of 216, Fed again raised interest rates with another two rate hike expectations in 217. In contrast, the European Central Bank s extension of quantitative easing underscored the policy divergence between the U.S. and euro area. While China s economy looks to have stabilized, uncertainties remain over the potential impact of new U.S. trade policies. The oil price received a boost over the quarter from Opec s decision to cut production, and was further helped by news that non-opec countries such as Russia would also reduce their oil output. Considering the investment outlook in the new year, political uncertainty is likely to continue in 217, with the start of Brexit negotiations, elections in France, Germany and the Netherlands, and the potential for early elections in Italy. Investors will also be waiting to see how US economic and foreign policy changes under President Trump.

1-Jan-15 1-Jun-15 1-Nov-15 1-Apr-16 1-Sep-16 28-Feb-15 31-May-15 31-Aug-15 3-Nov-15 29-Feb-16 31-May-16 31-Aug-16 3-Nov-16 1-Jan-15 1-Mar-15 1-May-15 1-Jul-15 1-Sep-15 1-Nov-15 1-Jan-16 1-Mar-16 1-May-16 1-Jul-16 1-Sep-16 Bank of Ceylon People's Bank Hatton National Bank Commercial Bank of Ceylon Sampath Bank Seylan Bank Union Bank of Colombo Pan Asian Banking Corporation Nations Trust Bank DFCC Bank NDB Bank Amana Bank HSBC Standard Chartered Bank Citi Bank Deutsche Bank Habib Bank Indian Bank Indian Overseas Bank MCB Bank State Bank of India Public Bank ICICI Bank Cargills Axis Bank 8.55 9.44 9.46 9.11 9.24 9.62 12.43 12.32 13.38 12.18 12.2 13.4 12.5 12.65 13.2 13.32 13.1 13.21 12.2 12.83 11.54 11.16 1.8 1.79 12.96 13.1 12.36 12.31 11.73 12.54 11.75 1.25 14.68 14.6 14.26 14.58 13.48 13.75 12.92 13.16 12.26 12.83 12.17 12.83 14.5 15. 13.98 14.25 14.9 13.38 1.1.215 19.1.215 3.1.215 16.2.215 2.3.215 16.3.215 27.3.215 1.4.215 27.4.215 3.9.215 29.4.216 1.6.216 23.6.216 31.1.216 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 9/1/16 9/8/16 9/15/16 9/22/16 9/29/16 1/6/16 1/13/16 1/2/16 1/27/16 11/3/16 11/1/16 11/17/16 11/24/16 12/1/16 12/8/16 12/15/16 12/22/16 12/29/16 9/2/16 9/9/16 9/16/16 9/23/16 9/3/16 1/7/16 1/14/16 1/21/16 1/28/16 11/4/16 11/11/16 11/18/16 11/25/16 12/2/16 12/9/16 12/16/16 12/23/16 12/3/16 9/3/15 1/31/15 11/3/15 12/31/15 1/31/16 2/29/16 3/31/16 4/3/16 5/31/16 6/3/16 7/31/16 8/31/16 9/3/16 1/31/16 11/3/16 12/31/16 Macroscope T-bill rates remained flat on December AWPLR slightly declined Inflation increased Monetary sector Tbill Rate (364 days) AWPLR AWFDR % 11. 1.75 1.5 1.25 1. % 13 12 11 1 9 8 % 12 1 8 6 4 Source: Bloomberg Source: Bloomberg Source: Bloomberg Excess Liquidity Inflation Exchange Rate LKR Bn 15 1 5-5 -1 7 6 5 4 3 2 1 % LKR/USD 151 15 149 148 147 146 145 144 143 142 9/1/16 9/3/16 1/29/16 11/27/16 12/26/16 Source: CBSL Source: Bloomberg Source: Bloomberg Bank wise AWPR % 17. this month previous month 15. 13. 11. 9. 7. 5. Source: CBSL External Sector Trade Balance Exports and Imports Reserves USD Mn -1-2 -3-4 -5-6 -7-8 -9-1 USD Mn Exports Imports 25 2 15 1 5 USD Mn 8, 6, 4, 2, Source: CBSL Source: CBSL Source: CBSL

LKR/Kg Tourism 7-Jan-14 January 194,28 7-Mar-14 7-May-14 February 197,697 7-Jul-14 March 7-Sep-14 192,841 7-Nov-14 April 136,367 7-Jan-15 7-Mar-15 May 125,44 7-May-15 June 7-Jul-15 118,38 7-Sep-15 July 29,351 7-Nov-15 7-Jan-16 August 186,288 7-Mar-16 September 7-May-16 148,499 7-Jul-16 October 15,419 7-Sep-16 7-Nov-16 November 167,217 7-Jan-17 December 224,791 LKR/Kg 7-Jan-14 11,783 12,82 North America 7-Mar-14 7-May-14 62,528 68,355 Western Europe 7-Jul-14 7-Sep-14 19,236 22,52 Eastern Europe 7-Nov-14 7-Jan-15 7-Mar-15 7,171 6,721 Middle East 7-May-15 7-Jul-15 32,738 36,345 East Asia 7-Sep-15 7-Nov-15 56,386 59,573 7-Jan-16 South Asia 7-Mar-16 7-May-16 13,655 15,61 Australia 7-Jul-16 7-Sep-16 2,617 2,874 Others 7-Nov-16 7-Jan-17 Tourist Arrivals Tourist Arrivals by Destination 25, 2, 215 216 8, 7, 6, 5, December- 215 December- 216 15, 4, 1, 3, 2, 5, 1, Source: SLTDA Source: SLTDA Tourist Arrivals for the month of December 216 stood at 224791 posting a growth of 9% YOY. YTD tourist Arrivals for 216 was 25832. Maximum number of arrivals was witnessed from the Western Europe region while the figure stood at 68355, with a growth rate of 9%. Tea & Rubber Auction Tea Auction Prices Rubber Auction Prices High Medium Low Latex Scrap Sheet 65 35 6 55 5 3 25 45 2 4 35 15 3 1 Source: forbes tea portal Source: CRTA High, Medium and Low Grown tea prices increased during December. However Sri Lanka had one of its worst tea crops in 216 compared to recent years. Russia being a key market for Ceylon tea, its WTO obligations to Sri Lanka on duty reduction on valued added teas will offer some respite to Sri Lankan brands in 217, but could be negated by high auction prices and low supply. Latex, Scrap and Sheet rubber prices increased during December. During December, inflation increased to 4.1% from 3.4% recorded in the previous month. Core inflation increased noticeably during December mainly reflecting the effect of government tax changes. YoY growth of credit extended to the private sector by commercial banks declined to 22% in October 216 compared to 25.6% in the previous month. Rupee liquidity in the domestic money market returned to surplus levels in December, while market interest rates, which increased in response to monetary tightening measures adopted by the Central Bank, appear to have broadly stabilized during the month. Foreign Reserves continues to dip sharply falling to a 5-month low putting pressure on exchange rates. Accordingly Rupee depreciated by 4% against USD during 216. Tourist arrivals continued to see a strong growth with December recording the highest tourist arrivals over last 3 years. Earnings from workers remittances also continued to grow at a healthy pace.

Market Direction ASPI down by 81 points S&P SL 2 down by 12 points Net foreign inflow during the month Focus: Source:bloomberg *figures are in LKR Mn except ASPI, S&P SL 2, PE and PBV ASPI S&P SL 2 Value M chg % 7 68 66 64 62 6 Top Gainers Market saw a significant decline during December reflecting negative sentiment among investors on uncertainties on political and fiscal measures of the country. 58 12/1/15 6/1/16 12/1/16 37 36 35 34 33 32 31 3 12/1/15 7/1/16 Top Losers ASPI 6,228-1.28% S&P SL 2 3,496 -.34% Turnover 24,343,83-4.27% Volume 41,346,711-54.92% Foreign Pur 18,859,427 186.1% Foreign Sales 15,27,47 228.67% PE 11.66-5.1% PBV 1.22-12.72% Market Cap 2,674,63 -.7% CODE Price % Volume CODE Price % Volume SFCL.N 9. 5.% 144,73 EDEN.N 13.5-17.68% SEMB.X.4 33.33% 3,758,645 BLUE.N 1.5-16.67% CALF.N 12.1 23.47% 11,937 AFSL.N 3.2-16.11% KDL.N 5. 21.95% 141,736 SEMB.N.6-14.29% MERC.N 2,58.3 17.29% 22,94 MFL.N 13.1-12.67% 23,591 756,847 572,84 2,798,918 13,789 Top Turnover Top Volume Code Price % M Change Turnover Code Price % M Change Volume COCR.N 56.3-1.63% 1,831,589,18 COCR.N 56.3-1.63% JKH.N 145. -3.33% 2,67,179,93 DIAL.N 1.5.% COMB.N 145. 2.11% 2,24,77,734 PABC.N 2..% SEYB.N 9. 5.14% 1,361,55,99 JKH.N 145..% LLUB.N 157.1-1.87% 836,472,825 RICH.N 8..% 99,45,77 77,552,782 29,899,52 17,32,52 16,175,934 Sector Bank Finance Ins Bev Food Tobacco Chemicals Pharms Construction Eng Diversified Footwear Textile Health Care Hotels Travels Investment Trust IT Land Property Manufacturing Motors Oil Palms Plantations Power & Energy Services Stores Supplies Telecom Trading Index gain 1.12% -2.81% -1.27% -.3% -3.8% 3.27% -.84% -.45% -2.62% Moving Average Convergence Divergence (MACD) 2. 1.. -1. 1-Dec-16 6-Dec-16 11-Dec-16 16-Dec-16 21-Dec-16 26-Dec-16-2. -3. -4. -5. -6. MACD_DIFF MACD MACD_SIGNAL -3.95% Relative Strength Index (RSI) 1.47% 8-1.86% -6.72%.68% 6 4 1.6% 2-3.92% -1.46%.22% 1-Dec-16 6-Dec-16 11-Dec-16 16-Dec-16 21-Dec-16 26-Dec-16.% -1.58% RSI Middle Limit Upper Limit Lower Limit MACD was below the signal from second half of the month reflecting a negative sentiment. RSI was in the bearish region throughout the month.

Foreign Interest of Big Cap counters Units: Monthly Prices in LKR, foreign stakes in number of shares Company John Keells Holdings Plc Ceylon Tobacco Company Plc Commercial Bank of Ceylon Plc Nestle Lanka Plc Hatton National Bank Plc Dialog Axiata Plc Melstacorp Limited Sri Lanka Telecom Plc Sampath Bank Plc Cargills (Ceylon) Plc 145. 15. 86.5 871.1 145. 142. 21.9 214.3 225. 218.5 1.5 1.5 59.3. 36. 36. 26.4 258.5 194.4 182. Chevron Lubricants Lanka Plc 157.1 16.1 63,345,88 66,874,739 (3,528,931) Carsons Cumberbatch Plc 173.8 18.1 39,71,812 Dfcc Bank DFCC Bank Aitken Spence Plc Asian Hotels & Properties Plc National Development Bank Plc C T Holdings Plc Hayleys Plc Aitken Spence Hotel Holdings Plc Month end Price Month Ago 122.5 119.6 28. 275. 65. 65. 57. 55. 156. 156.5 125.2 12. 27. 256. 43.1 44. Foreign Stake 72,514,82 182,232,444 253,197,566 51,561,821 9,47,23 7,635,164,231 288,18,771 812,531,617 29,645,628 15,74,26 62,35,379 21,654,216 128,462,929 7,599,241 27,193,68 29,191,862 2,797,585 2,95,744 Foreign Stake month ago 74,171,314 7,632,342 Difference 16,343,56 182,181,453 5,991 251,61,495 51,564,519 9,219,787 7,634,134,814 288,348,68 812,539,824 29,56,347 15,22,36 39,71,888 66,1,476 21,654,433 131,373,32 27,21,686 29,216,8 2,794,951 2,948,744 1,596,71 (2,698) (172,557) 1,29,417 (329,99) (8,27) 85,281 (146,1) (76) (3,651,97) (217) (2,91,373) (33,11) (8,618) (24,938) 2,634 2, ASPI Contributors Company Month Ago Ceylinco Insurance Co Plc 149. 1274.3 Cargills (Ceylon) Plc 194.4 182. Commercial Bank Of Ceylon Pl 145. 142. Hatton National Bank Plc 225. 218.5 Senkadagala Finance Co Plc 9. 6. Property Development Plc 14.5 84.9 Mercantile Investments & Fin 258.3 22. Ceylon Beverage Holdings Plc 65.5 6. Hayleys Plc 27. 256. Ct Holdings Plc 125.2 12. Asian Hotels & Properties Pl 57. 55. Asiri Hospitals Holdings Plc 26.4 25.7 Nestle Lanka Plc 21.9 214.3 Lanka Hospital Corp Plc 65. 68.2 Chevron Lubricants Lanka Plc 157.1 16.1 Teejay Lanka Plc 42.8 44.5 Carson Cumberbatch Plc 173.8 18.1 Lanka Ioc Plc 31.7 34.7 Lion Brewery Ceylon Plc 465. 485.7 Commercial Credit & Fin Plc 56.3 63. Lanka Orix Leasing Co Plc 72.5 77.7 Ceylon Cold Stores Plc 75.4 799.8 John Keells Holdings Plc 145. 15. Ceylon Tobacco Co Plc 86.5 871.1 Units: Monthly Prices and Turnover in LKR, Contribution to ASI in points Month end Price Volume 6,186 521,377 15,267,23 1,37,346 287,325,449 241,877 99,45,77 633,382 2,24,77,734 144,73 12,966,57 27,63 2,611 1,69,331 41,857 63,22 217,878 244,465 178,297 11,41,219 64,714 4,329,375 5,244,871 4,616,755 1,71,566 6,68,27 836,472,825 1,427 254,341 33,928,648 119,134,629 17,32,52 2,67,179,93 297,69 Turnover 8,329,978 98,198,637 7,621,511 12,167,652 365,469,6 21,14,87 1,831,589,18 49,274,44 252,299,525 Contribution to ASI 1.9 6.49 5.85 5.3 4.57 2,315,184 3.2 22,94 58,319,674 2.67 2.48 2.45 2.23 2.7 1.92 (1.56) (1.67) (1.68) (2.78) (2.89) (3.73) (3.87) (4.98) (5.78) 19,468 144,676,666 (1.98) (16.22) (28.29)

Performance of the Sri Lankan Equity Market Net Foreign Inflow December 4,693 LKR Mn YTD: 1,953 LKR Mn LKR Mn 3,5, 2,892,796 3,, 2,5, 2,, 1,5, 1,356,195 1,, 5, 45,446 13,535 36,871 29,31 44,744 66,12 8,342 25,311 16,216 12,321-5, 1-Dec -25,261 5-Dec -15,622 7-Dec 9-Dec 15-Dec 19-Dec 21-Dec -97,94 23-Dec -4,21-1,22 28-Dec -1,, -556,67 Source: Bloomberg Seasonality Behavior of ASPI Highest 6 years 7,812 216 6,868 December 6,368 8, 7,5 7, 6,5 6, 5,5 5, 4,5 4, Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 211 212 213 214 215 216 Source: Bloomberg Lowest 6 years 4,738 216 5,862 December 6,23 Indices Performance.12.1.8.6.4.2. 12/1/16 12/7/16 12/13/16 12/19/16 12/25/16 -.2 -.4 Sri Lanka Thailand Pakistan Vietnam MSCI frontier MSCI Emerging MSCI world Source: Bloomberg PE ratios of markets 22.41 16.94 16.38 15.84 13.93 11.92 12.61 Sri Lanka Thailand Pakistan Vietnam MSCI frontier MSCI Emerging MSCI world Sri Lanka Thailand Pakistan Vietnam MSCI frontier MSCI Emerging MSCI world Source: Bloomberg Indices in the region recorded a mixed performance during the month. PE of the Sri Lankan equity market stood below the MSCI Frontier, MSCI Emerging and MSCI world.

LKR Mn LKR Mn Counter of Focus AAIC SL Equity Softlogic Life Insurance PLC (Earlier Asian Alliance Insurance PLC) is one of the fastest growing and innovative life insurance solution provider and has reached amongst top six life insurers within the period of 16 years. AAIC holds 5th place with 8% market share of total GWP and 6th place by total assets by 215. AAIC is a member of Softlogic Group, leading conglomerate and one of Sri Lanka s major corporate success stories with interests in retail, healthcare, IT, leisure, financial services and automobiles. AAIC used to operate as a composite insurance solution provider and since October 216 it operates as a life insurance service provider after the divestment of its General Insurance business to Fairfax Asia Limited for LKR 1266.5 million. Sri Lanka's life insurance industry is expected to have a promising growth with low penetration, low industry competition and rising GDP per capita. Accordingly AAIC being the highest growth life insurer could conveniently capture industry rise and outperform peers in the future. Softlogic Life Insurance PLC Share Details Bloomberg Ticker Share Price (LKR) Market Cap (LKR MN) Issued Quantity (MN) Share Price Performance AAIC SL 2. 7,5 375 1m 6m 12m Absolute 3.9% -6.98% 29.3% Relative To ASPI 4.46% -3.43% 34.45% 52 W High/Low 24.9/12 (LKR) 52 W Avg. Volume 37,49 Beta (6 months) 2.2 Graph 1: Revenue 25 LKR 7, 6,237 6,16 6, 5, 4,229 4,237 4, 2,859 3, 2, 1, - 216 (9M) 215 214 213 212 Source: Bloomberg Graph 2: Net Profit 1, 99 924 755 8 2 15 1 5 Dec-15 Apr-16 Aug-16 Dec-16 Source: Bloomberg Business Nature AAIC is one the fastest growing life insurance service provider having experinece in the insurance industry over 15 years and recognized as one of the Asia's most responsible business entity. 6 362 4 2 73-216 (9M) 215 214 213 212 Shareholder Details Softlogic Capital Ltd 59.2% Nederlandse Financierings-Maa 19.% State Street Munich 19.% Sandwave Limited.4% Source: Bloomberg Commercial Trust Technologies.3% Figures in LKR Mn 216 (9M) 215 214 213 212 Revenue 4,229 6,237 6,16 4,237 2,859 Net Profit 99 924 755 362 73 EPS (LKR) 5.12 2.47 2.1.97.2 PE (X) 4.49 6.48 7.1 8.85 - PBV 3.9 2.7 2.26 1.75 2.28 Div. Yield (%) - - 6.99 5.61 - ROE (%) 5.6 4.21 35.92 22.1 5.1 Debt/Equity (%) 39.9 33. 13.5 6.5 5.9 CAGR 1.3% 35.9% 74.4% -2.2% 14.3% - 31.5% 83.1%

Relative Valuation Grid Key : Attractive compared to the sector XX Attractive compared to both market and sector XX Name Price (LKR) % chg M Market Cap* ROE % PE PBV Div. Yield % Beta Market 11.92 1.25 2.95 Banks, Finance and Insurance 7.44 1.42 2.63 Aia Insurance Lanka Plc 28.1.% 8,613 5.85 23.13 1.35 -.28 Abans Finance Plc 3.2-16.11% 1,675 21.59 12.63 2.73-1.19 Arpico Insurance Ltd 12. -1.64% 795 3.99 3.77 1.23 -.74 Alliance Finance Co Plc 64.7-3.72% 2,96 19.41 4.5.79 2.99 1.67 Arpico Finance Co Plc 179.8.% 1,337 21.73 5.11 1.11 2.63.25 Amana Bank Ltd 4. 11.11% 5,3 2.84 3.77.87 -.67 Amana Takaful Plc.9 12.5% 1,62 (26.56) - 1.24-1.52 Amw Capital Leasing & Financ 22.4.% 448 2.35 1.63.33 3.39.33 Asia Capital Plc 7.8-4.88% 1,24 (5.62) -.47-1.37 Asia Asset Finance Plc 1.4-6.67% 1,175 14.48 5.55.8 -.83 Softlogic Life Insurance Plc 2.7 1.97% 7,763 5.26 6.95 3.49 2.67 2.2 Associated Motor Finance Co 459.9.% 2,579 25.41 7.8 1.8 3.26.29 Bimputh Finance Plc 55.9-1.93% 6,22 66.43 9.41 6.25 2.8 1.8 Colombo Trust Finance Plc 12.1 23.47% 563 (.46) - 1.27 -.83 Commercial Credit & Fin Plc 56.3-1.63% 17,98 32.8 6.98 2.24 1.88 2.9 Citizens Development Busines 7. -5.41% 3,738 2.57 3.64.75 5..75 Central Finance Co Plc 1..% 21,676 16. 4.93.79 3.7.74 Chilaw Finance Plc 2.4 13.33% 692 7.88 15.2 1.2-1.74 Ceylinco Insurance Co Plc 149. 16.93% 34,483 18.6 9.81 1.77 1.74.5 First Capital Holdings Plc 25. -11.3% 2,531 2.12 5.98 1.2 7.14 1.8 George Steuart Finance Plc 26.5-8.3% 596 1.93 17.1 1.87-1.29 Commercial Leasing & Finance 3.3.% 21,46 14.43 12.22 1.76-1.8 Commercial Bank of Ceylon Plc 145. 2.11% 127,431 19.22 9.47 1.82 4.25 1.46 DFCC Bank 122.5 2.42% 32,474 3.87 23.46.74 2.12 1.25 Hatton National Bank Plc 225. 2.97% 89,827 19.59 6.26 1.23 2.19.88 Entrust Securities Plc - - - - - - - - Hnb Assurance Plc 58.8 3.16% 2,94 16.81 7.66 1.29 3.7.94 Housing Development Fin Corp 47.2-2.68% 3,54 1.89 8.34.91 1.63.46 Janashakthi Insurance Co Plc 16.4 -.61% 11,96 26.95 5.36 1.45 4.69 1.2 Lanka Orix Finance Plc 2.6-7.14% 7,28 6.7 11.82.79-1.1 Lanka Orix Leasing Co Plc 72.5-6.69% 36,4 24.55 3.73.91-1.43 Lb Finance Plc 125. 1.21% 17,314 38.28 4.32 1.65 6.24.73 Lanka Ventures Plc 42.5-2.3% 2,125 18.29 7.12 1.3 4.65.84 Merchant Bk Of Sri Lnka & Fi 13.6-2.86% 2,254 7.34 1.3.76-1.83 Mercantile Investments & Fin 258.3 17.29% 7,756 6.52 15.55 1.1 -.14 National Development Bank Pl 156. -.32% 25,769 11.37 7.99.91 2.67.87 Nation Lanka Finance Plc 1.3-7.14% 98 15.4 2.11 2.21-1.52 Nations Trust Bank Plc 8.9 1.25% 18,656 17.88 6.88 1.23 2.66 1.9 Pan Asia Banking Corp Plc 2. -4.76% 5,91 2.7 4.94 1.2 2.58.5 People'S Leasing & Finance P 17.2-1.15% 27,174 19.55 5.87 1.15 7.35.99 People'S Merchant Finance Pl 17. -1.53% 1,148 (39.84) - 2.9-1.29 Smb Leasing Plc.6-14.29% 1,192 8.15 12..98 2.86 1.39 Sinhaputhra Finance Plc 16.9 2.42% 1,193 5.89 17.29 1.2-1.3 Sampath Bank Plc 26.4.74% 46,86 21.67 5.44 1.18 2.22 1.14 Senkadagala Finance Co Plc 9. 5.% 5,87 21.17 9.43 2. 2.99 (.2) Softlogic Capital Plc 5.5.% 3,785 3.95 3.89 1.2-1.23 Softlogic Finance Plc 34. -2.86% 2,8 17.8 4.44.79 3.57.5 Swarnamahal Financial Servic 1.4-6.67% 7.74 - (.67) - 1.48

Name Price (LKR) % chg M Market Cap* ROE % PE PBV Div. Yield % Beta Sanasa Development Bank Plc 13.7 3.7% 4,437 14.19 5.8.82 2.31 1.6 Seylan Bank Plc 9. 5.14% 25,88 15.5 7.85 1.18 2.9.39 Singer Finance Lanka Plc 19.2.% 3,174 15.78 7.74 1.22 8.11 1.11 Finance Co Plc/The 6.6-1.81% 673 18.45 - (.8) - 1.27 Union Assurance Plc 143. -.97% 8,427 3.88 7.87 2.43 5.63.52 Union Bank Of Colombo Plc 15.4-3.75% 16,88 2.73 37.56 1.3.27 1.35 Vallibel Finance Plc 6.4 1.85% 2,51 32.48 4.1 1.3 4.17 1.3 Multi Finance Plc 13.1-12.67% 294 (6.32) -.94-1.71 Amana Bank Ltd 4. 11.11% 5,3 2.84 3.77.87 -.67 Commercial Leasing & Finance 3.3.% 25,511 14.43 12.22 1.76-1.8 Sinhaputhra Finance Plc 16.9 2.42% 1,64 5.89 17.29 1.2-1.3 Swarnamahal Financial Servic 1.4-6.67% 7.74 - (.67) - 1.48 Beverage, Food and Tobacco 13.87 22.65 3.86 Bairaha Farms Plc 181.5 1.68% 2,94 2.86 5.26 1.1 3.92 1.5 Ceylon Beverage Holdings Plc 65.5 8.42% 13,653 (7.18) - 2.61.47.25 Cargills (Ceylon) Plc 194.4 6.81% 43,546 15.4 2.2 3.8 2.16.83 Ceylon Cold Stores Plc 75.4-6.18% 71,318 28.54 2.24 5.78 1.8 1.31 Dilmah Ceylon Tea Co Plc 61.5.% 12,21 15.51 8.13 1.26 2.3.42 Ceylon Tobacco Co Plc 86.5-7.42% 151,77 43.9 12.17 52.36 7.46.78 Convenience Foods Lanka Plc 3..% 825 12.3 1.14 1.25 1.28.65 Distilleries Co Of Sri Lanka 237.1.% - 11.48 9.81 1.13 1.41 - Harischandra Mills Plc 25. -7.41% 2,4 8.69 23.46 2.4 3.4.4 Hva Foods Plc 6. -3.23% 399 (4.74) -.81-1.63 Keells Food Products Plc 158. -.63% 4,29 18.1 12.63 2.27 8.59.39 Lion Brewery Ceylon Plc 465. -4.26% 37,2 (1.41) - 3.73.65.99 Lanka Milk Foods Cwe Plc 119. 1.71% 4,76 3. 15.62.47 1.2 1.44 Lucky Lanka Milk Procssng-V 3.2 3.23% 563 (3.66) -.98-1.66 Nestle Lanka Plc 21.9 -.62% 17,553 92.42 25.74 23.79 3.22 1.25 Renuka Agri Foods Plc 2.9-3.33% 1,629 9.29 7.7.66 4. 1.17 Raigam Wayamba Salterns Plc 2..% 564 1.2 6.21.63 5..49 Renuka Foods Plc 19.9 -.5% 2,347 9.17 7.42.68 1.84 1.37 Tea Smallholder Factories 24..% 72 (.16) -.79 2.21.74 Three Acre Farms Plc 135.1.7% 3,181 45.13 4.31 1.95 1.57.72 Chemicals and Pharmaceuticals 1.36.91 2.83 CIC Holdings Plc 91.4 1.56% 8,15 13.78 7.1.98 3.16 1.2 Chemanex Plc 59.6 -.67% 939 3.3 17.43.53 1.77.41 Haycarb Plc 15. -3.23% 4,457 12.18 6.18.75 4..79 Industrial Asphalts Ceylon 38.1-4.38% 25 (25.6) - 2.87 -.67 Lankem Ceylon Plc 6. -.17% 2,474 (22.63) -.55 -.79 J.L. Morison Son & Jones 33. -6.4% 2,58 14.52 6.48.93 3.3.53 Muller & Phipps Ceylon Plc 1.1-8.33% 311 22.21 6.47 1.42 6.36 (.5) Pc Pharma Plc - - - - - - - - Standard Capital Plc 8.1-1.11% 444 11.54 11.45 1.23 - (.3) Union Chemicals Lanka Plc 51.2.4% 765 22.32 7.86 1.86 3.33.46 Construction and Engineering 9.19 1.18 2.56 Access Engineering Plc 24.8 -.8% 24,8 13.86 1.25 1.42 3.89 1.51 Colombo Dockyards Plc 78.6 8.86% 5,648 (12.8) -.56 -.58 Lankem Developments Plc 3.9-7.14% 36 (22.36) -.46-1.4 Mtd Walkers Plc 41. -3.53% 6,874 (4.99) -.89-1.7 Diversified 14.24 1.29 2.23 Aia Insurance Lanka Plc 65..% 26,39 5.55 12.97.72 2.39 1.5 Adam Capital Plc 1.4-12.5% 353 6.46 9.47.61 7.14.7 Adam Investments Plc 1. 5.26% 899 (.9) -.88 5.56 1.21 Browns Investments Ltd 1.4.% 5,28 (8.54) -.37 - (.38) Ct Holdings Plc 125.2 4.33% 22,924 1.63 11.37 1.21 3.72.73 Carson Cumberbatch Plc 173.8-3.5% 34,132 3.4 24.46.83.86 (.16)

Name Price (LKR) % chg M Market Cap* ROE % PE PBV Div. Yield % Beta Dunamis Capital Plc 23.5-6.75% 2,89 (16.53) - 3.7-2.8 Expolanka Holdings Plc 6.3-1.56% 12,316 7.75 13.4 1.4 2.5 1.22 Hayleys Plc 27. 5.47% 2,25 9.2 7.28.66 2.47.65 Hemas Holdings Plc 98..% 56,123 14.32 17.82 2.55 1.4.66 John Keells Holdings Plc 145. -9.1% 21,183 9.58 13.56 1.3 2.97 1.3 Richard Pieris & Co Plc 8..% 16,28 23.15 6.47 1.5 6.17.87 Softlogic Holdings Plc 13. -2.26% 1,127 8.4 13.4 1.8 3.91 1.1 Sunshine Holdings Plc 46.6-4.12% 6,298 11.9 9.16 1.9 2.22.49 Taprobane Holdings Ltd 4.3 4.88% 4,312 (47.5) - 1.17-2.11 Colombo Fort Land & Bldg Co 2..% 3,6 (5.96) -.47 1.52.67 Browns Capital Plc 1.1-8.33% 1,55 (3.88) -.29 4.55 1.27 Melstacorp Ltd 59.3-11.9% 77,731 15.1 7.99 1.2 -.48 Vallibel One Plc 18.6-2.11% 2,21 1.68 31.49.53 2.75 1.51 Footwear and Textiles 2.13 1.24.27 Ceylon Leather Products Plc 7. 16.67% 2,396 5.6 12.9.68-1.34 Hayleys Fabric Plc 15. -6.25% 3,116 7.28 17.24 1.25-1.7 Odel Plc 23.8 3.93% 6,477 577.7 25.32 1.7.5.95 Healthcare 17.94 3.46 2.39 Asiri Hospitals Holdings Plc 26.4 2.72% 22,22 2.85 25.1 5.23 1.73 1.33 Asiri Surgical Hospital Plc 1.8-1.82% 5,77 9.22 16.88 1.56 3.77.89 Ceylon Hospitals Plc 87.4-11.72% 2,811 12.67 7.57.96 3.75.28 Lanka Hospital Corp Plc 65. -4.69% 14,543 17.13 17.2 2.91 2.93 1.42 Nawaloka Hospitals Plc 4.5-2.17% 6,343 4.94 32.14 1.59 1.86.79 Singhe Hospitals Ltd 1.9-5.% 757 (19.4) - 1.45 -.43 Hotels and Travels 15.44 1.26 3.2 Aitken Spence Hotel Holdings 43.1-2.5% 14,494 3.48 22.8.79 2.92.52 Anilana Hotels & Properties 1.8-1.% 888 (7.45) -.27-1.38 Amaya Leisure Plc 65.5.77% 3,398 8.38 12.1 1.1 2.88.36 Asian Hotels & Properties Pl 57. 3.64% 25,238 8.76 12.36 1.8 8.1 1.44 Beruwala Resorts Plc 1.1-8.33% 66 (3.78) - 1.39-2.37 Bansei Royal Resorts Hikkadu 9.4 9.3% 55 2.39 72.31 1.73 1.16.57 Ceylon Hotels Corp Plc 2.3-7.31% 3,488 7.15 7.93.57 -.83 Citrus Leisure Plc 9.5-1.38% 918 5.27 5.88.31-1.44 Hikkaduwa Beach Resort Ltd 12.9 3.2% 743 5.3 11.83.63.88.32 Kalpitiya Beach Resort Plc 3.6-5.26% 58 13.31 2.77.37-2.47 Dolphin Hotels Plc 37.2-7.% 1,176 1.5 6.2.65 2.51.64 Eden Hotel Lanka Plc 13.5-17.68% 1,426 (1.63) -.56-1.96 Galadari Hotels Lanka Plc 1.7-8.55% 5,359 3.55 16.46.58-1.47 Fortress Resorts Plc 13.6-2.86% 1,58 12.45 8.18 1.2-1.28 Hunas Falls Hotels Plc 49.7-5.33% 28 2.52 32.27.81 -.55 Hotel Sigiriya Plc 1. 3.63% 586 16.18 8.9 1.44 1..15 John Keells Hotels Plc 1.9-3.54% 15,872 7.38 9.4.69 2.8 1.5 Kandy Hotels Co 1938 Plc 6.8-1.45% 3,927 4.7 15.45.63 3.68.67 Lighthouse Hotel Plc/The 53.1-3.45% 2,443 6.22 13.44.84 4.78.4 Mahaweli Reach Hotels Plc 2.8 -.95% 979 3.75 22.7.85 -.58 Marawila Resorts Plc 2.4 4.35% 841 (1.76) -.75-1.82 Nuwara Eliya Hotels Co Plc 146..% 2,926 9.44 9.12.86 2.5.34 Palm Garden Hotels Plc 28.3-1.73% 1,224 (3.98) -.3-1.53 Renuka City Hotels Plc 295. -1.67% 2,65 8.5 6.24.5 1.98.73 Royal Palms Beach Hotel Plc 23.1-5.71% 1,155 4.86 1.79.52 3.48 1.83 Pegasus Hotels Of Ceylon Plc 3.1.33% 915 5.8 11.49.58 1.47.45 Tangerine Beach Hotels Plc 59.9 -.17% 1,198 2.63 15.13.4.86.97 Ramboda Falls Plc 23. -4.17% 46 8.16 19.49 1.59 2.9 1.46 Serendib Hotels Plc 24. -3.61% 2,623 7.17 15. 1.8 4.27.59 Sigiriya Village Hotels Plc 6..5% 54 7.59 11.96.91 6.67.71 Tal Lanka Hotels Plc 25.2-6.32% 3,519 6.7 35.49 2.38-1.6

Name Price (LKR) % chg M Market Cap* ROE (%) PE PBV Div. Yield % Beta Trans Asia Hotels Plc 94. 4.44% 18,8 11.36 29.3 3.3 1.18.67 The Kingsbury Plc 15.2-5.% 3,678 14.75 11.43 1.69 3.33 1.32 Waskaduwa Beach Resort Plc 4.4-8.33% 888 (11.61) -.56-1.75 IT 13.18 7.57 - E-Channelling Plc 7. -4.11% 855 57.47 13.18 7.57-1.55 Investment Trust -.58 1.9 Ascot Holdings Plc 28.5-8.6% 361 5.99 9.34.56-1.37 Ceylon Guardian Investment 15.5-5.8% 8,754 1.29 42.8.54 2.78 1.55 Ceylon Investment Plc 49.1.2% 4,929 1.73 31.27.54 3.6 1.79 Colombo Fort Investments Plc 69.5.14% 452 (2.32) -.41 1.71.72 Colombo Investment Trust Plc 88. 8.64% 572 (3.3) -.48 1.4.37 Guardian Capital Partners Pl 38.9 2.1% 1,5 4.98 31.22 1.55.7 1.3 Lanka Century Investments Pl 11.8-3.28% 4,123 (19.34) -.61-1.16 Lee Hedges Plc 38. 1.33% 1,946 2.78 19.82.55.33.76 Renuka Holdings Plc 21.1-1.86% 1,879 16.25 2.47.4 1.74.8 Land and Property 1.65 1.4 6.79 C T Land Development Plc 53.1-8.76% 2,589 12.2 6.87.84 5.97 1.24 Cargo Boat Development Co 85. -4.82% 867 6.1 7.27.44 1.19.22 City Housing & Real Estate C 7.6-5.% 12 (8.1) - 1.5 -.24 Colombo Land & Dvlp Co Plc 26.9-4.95% 5,377 15.82 7.96 1.26-1.86 Commercial Development Co 75.1.13% 91 15.17 3.48.53 6.67 (.38) East West Properties Plc 14.7.68% 2,32 (11.85) - 1.28 -.34 Equity Two Plc 47.6 12.26% 1,476 17.23 8.62 1.49.41.72 Kelsey Development Plc 5. 21.95% 871 58.61 6.96 4.8-1. On'Ally Holdings Plc 55. -2.65% 963 35.6 1.67.6 5.59.2 Overseas Realty Ceylon Plc 2..% 17,758 1.65 5.83.62 7.32.75 Property Development Plc 14.5 23.9% 6,897 1.53 16.77 1.77 18.18.19 Seylan Developments Plc 14.4 5.88% 2,131 88.51.55.48 4.26.89 Serendib Land Plc 1661.2.% 598 3.31 6.85 2.2 1.67.33 Serendib Engineering Group P 6.3 1.61% 24 499.3.22 1.11-1.43 York Arcade Holdings Plc 14.3-5.92% 172 12.4 7.73.96 2.11 2.6 Millennium Housing Developer 7.1 4.41% 956 11.29 1.76 1.21 3.87 1.57 Manufacturing 9.13 3.76 4.17 Acl Cables Plc 6.5 5.22% 4,552 14.41 5.96.86 2.5 1. Abans Electricals Plc 1.1-4.67% 4,553 14.96 4.4.66 2.86.78 Acl Plastics Plc 22..% 927 23.6 3.97.94 2.67 1.47 Acme Printing & Packaging Pl 6.2-6.6% 255 (3.54) -.42-1.21 Alufab Plc 35.1-8.36% 423 (2.) - 1.37-1.26 Blue Diamonds Jewellery Worl 1.3-463 12.6 21.67 2.61-1.79 Bogala Graphite Lanka Plc 14.4-9.43% 1,363 21.42-4.9 -.86 Ceylon Grain Elevators Plc 82.9-3.83% 4,974 34.43 3.81 1.31 1.33 1.63 Chevron Lubricants Lanka Plc 157.1-1.87% 37,74 74.71 1.77 8.4 9.32.96 Central Industries Plc - - 979 13.94 - - 5.73 1.5 Dankotuwa Porcelain Plc 7.1-2.74% 1,154 2.59 23.67.61 3.57 1.25 Dipped Products Plc 86.8 14.21% 5,196 2.17 3.46.66 2.55.73 Hayleys Fibre Plc 8.5-6.94% 644 9.74 13.78 1.35.56 1.26 Kelani Cables Plc 13..46% 2,834 12.7 6.99.89 3.47.16 Kelani Tyres Plc 64.9 2.69% 6,271 17.92 7.92 1.42 3.91 1.51 Lanka Aluminium Indus Plc 83.4 5.44% 1,143 15.53 7.58 1.18 2.44.42 Lanka Ceramic Plc 123.5.% 3,75 13.7 4.91.67 4.17.2 Lanka Tiles Plc 95.9-4.1% 5,88 2.43 4.31.88 5.76.3 Lanka Walltile Plc 99.7 2.26% 5,444 15.51 4.5.63 4.3.54 Laxapana Batteries Plc 1.5-11.2% 41 23.35 8.97 2.1 4.91 2.36 Orient Garments Plc - - - - - - - - Piramal Glass Ceylon Plc 5.3-1.85% 5,35 1.98 11.28 1.24 6.48.76 Printcare Plc 35. -2.78% 3,9 7.66 13.94 1.7 3.57.67

Name Price (LKR) % chg M Market Cap* ROE (%) PE PBV Div. Yield % Beta Regnis Lanka Plc 137.5-3.17% 1,549 27.91 4.38 1.22 6.58 1.3 Richard Pieris Exports Plc 223.4-2.4% 2,494 64.5 6.13 3.92 5.46.73 Royal Ceramics Lanka Plc 115.5-1.62% 12,298 21.7 4.15.87 3.33.99 Samson International Plc 9.1-9.9% 12,299 9.86 7.48.74 2.2.19 Sierra Cables Plc 3.3.% 12,3 14.92 7.71 1.15 6.6.89 Singer Industries Ceylon Plc 145.5.% 12,31 3.59 15.78.57 -.13 Swadeshi Industrial Wrks Plc 135..% 12,32 (12.5) - 9.31.1.33 Swisstek Ceylon Plc 68.9 -.14% 1,886 23.34 5.22 1.22 1.45 1.1 Teejay Lanka Plc 42.8-3.82% 15,924 25.23 11.69 2.95 3.64 1.36 Tokyo Cement Co Lanka Plc 59.2-4.52% 18,923 24.4 7.2 1.73 2.25 1.77 Agstar Plc 4.8-2.4% 1,476 - -.59 3.51.27 Motors 7.46.86 3.55 Autodrome Plc 7.1-1.41% 841 2.65 32.7.85.83.2 Colonial Motors Plc 85.2 -.93% 1,295 (2.82) -.36 6.86.21 Diesel & Motor Engineering 581. -6.95% 5,157 9.62 5.36.52 4.77.46 Lanka Ashok Leyland Plc 156.1-11.99% 3,824 8.48 16.1 1.36 2.37.39 Sathosa Motors Plc 298.7.% 1,66 21.95 5.87 1.29 5.2.35 United Motors Lanka Plc 86. -6.72% 8,677 14. 6.1.84 2.84 1.24 Oil Palm 72.76 1.28 1. Bukit Darah Plc 28. 1.82% 69,156 5.7 18.81.95.35.62 Good Hope Plc/The 1635..% 11,235.11 1,486.36 1.61 3.64.9 Indo-Malay Plc/The 1429.6.% 1,5.2 736.91 1.48 2.5.33 Selinsing Plc 1349.8.% 9,368.3 368.8 1.1.65.33 Shalimar Malay Plc 2298.2.% 15,95.39 621.14 2.43 1.49.34 Plantations -.99 1.14 Agalawatte Plantations Plc 17.5-5.41% 438 - - - -.6 Aitken Spence Plantation Man 45.5.% 969 - - - 4.4.33 Balangoda Plantations Plc 12.2-6.15% 288 (11.73) -.13-1.44 Bogawantalawa Tea Estates 9.7 3.19% 812 (3.57) -.68 -.65 Elpitya Plantations Plc 19.2 7.87% 1,399 8.64 4.78.41 2.6.28 Hapugastenne Plantations Plc 15.6-1.27% 723 (9.4) -.41 -.46 Horana Plantations Plc 17.9 3.47% 448 (1.14) -.32 -.85 Kahawatte Plantations Plc 37.7 2.17% 3,12 (9.93) - 3.2 -.6 Kegalle Plantation Plc 48.5-3.% 1,213 4.87 9.17.45-1.11 Kelani Valley Plantations Pl 59.9.% 2,37 (7.62) -.76 -.95 Kotagala Plantations Plc 8.9-4.3% 356 (28.75) -.2-1.37 Malwatte Valley Plant-Voting 2.9.% 75 (3.26) -.25-1.34 Madulsima Plantations Plc 7.5 2.74% 751 (8.78) -.97-1.28 Maskeliya Plantation Plc 7.9-1.25% 426 (42.63) -.46-1.72 Namunukula Plantations Plc 73.7-1.47% 1,75 1.47 7.21.75.64 1.2 Talawakelle Tea Estates Plc 31. -3.13% 834 13.73 3.19.44 -.6 Watawala Plantation Plc 19.7 3.14% 4,662 16.83 5.79.98 3.25.89 Udapussellawa Plantation Plc 19.4 2.65% 376 (18.27) -.61 -.11 Power and Energy 1.32 1.55 3.68 Lotus Hydro Power Plc 6.6 1.54% 72 5.2 14.63.97 7.58.7 Lanka Ioc Plc 31.7-8.65% 16,879 32.11 2.86.92 3.91 1.67 Laugfs Gas Plc - Voting 33.3-3.48% 12,866 8.28 18.52 1.53 3.3 1.8 Panasian Power Plc 3..% 1,5 8.49 15.79 1.34 5..72 Resus Energy Plc 22.3 8.78% 1,32 7.98 17.15 1.37 -.81 Vallibel Power Erathna Plc 8.8 2.33% 6,575 35.71 8.46 3.2 5.81.53 Vidullanka Plc 5.5.% 4,19 15.22 14.47 2.2 1.89.74 Mackwoods Energy Plc 2.9.% 6 (1.47) -.4-1.23 Services - 1.22 1.93 Asia Siyaka Commodities Plc 2.3 4.55% 598 1.48 8.21.86 4.35 1.41 Ceylon Tea Brokers Plc 3.9 5.41% 445 12.2 17.73 2.13 3.38.8 Ceylon Printers Plc 55. -.54% 33 (68.4) -.98-1.31

Name Price (LKR) % chg M Market Cap* ROE (%) PE PBV Div. Yield % Beta John Keells Plc 57. -3.72% 3,466 1.82 54.93 1.5 1.72.63 Kalamazoo Systems Plc 84.8.% 4 (47.18) - 2.18 -.12 Lake House Printers & Publis 13..% 382 4.63 26.16 1.21 -.54 Mercantile Shipping Co Plc 7.1.% 199 82.12 - (.18) -.46 Paragon Ceylon Plc 6. 15.38% 6 (152.96) - 12.32 -.85 Stores and Supplies 14..82 1.91 Colombo Pharmacy Co Plc 88. -1.2% 1,12 23.5 3.32.78 1.18 1.67 E.B. Creasy & Co Plc 125..% 3,169 (2.17) - 1.4 2.4.41 Gestetner Of Ceylon Plc 12. -.74% 319 2.83 6.96 1.45 4.35.76 Hunter & Co Plc 416. 1.46% 2,14 3.14 13.1.41 1.22.46 Telecommunication 13.15 1.41 2.75 Dialog Axiata Plc 1.5.% 85,51 17.86 1.12 1.81 3.2.93 Sri Lanka Telecom Plc 36..% 82,121 6.58 15.13 1. 2.48 1.17 Trading 8.1 1.47 2.11 Brown & Co Plc 84. -2.33% 6,839 (3.78) -.37.62 1.1 Ceylon & Foreign Trades Plc 5.3-3.64% 6,84 6.95 6.16.43-1.85 Cw Mackie Plc 54.7 1.86% 1,969 13.57 7.19.98 6.54.1 Eastern Merchants Plc 6.2-7.46% 728 (.13) -.51-1.78 Singer Sri Lanka Plc 126.2-1.41% 15,81 31.55 7.97 2.51 3.26.91 Office Equipment Plc 68..% 57 15.31 8.64 1.32 1.86.37 Tess Agro Plc 1.3.% 364 (22.8) - 1.4-1.23 *Market Cap units- LKR Mn

Stocks trading below Net Asset Value Abans Electricals Plc Elpitya Plantations Plc Palm Garden Hotels Plc Acl Cables Plc Expolanka Holdings Plc Pan Asia Banking Corp Plc Acl Plastics Plc Finance Co Plc/The Pegasus Hotels Of Ceylon Plc Acme Printing & Packaging Pl Galadari Hotels Lanka Plc Raigam Wayamba Salterns Plc Adam Capital Plc Hapugastenne Plantations Plc Renuka Agri Foods Plc Agalawatte Plantations Plc Haycarb Plc Renuka City Hotels Plc Aitken Spence Hotel Holdings Hayleys Plc Renuka Foods Plc Aitken Spence Plc Hikkaduwa Beach Resort Ltd Renuka Holdings Plc Alliance Finance Co Plc Horana Plantations Plc Royal Ceramics Lanka Plc Amw Capital Leasing & Financ Housing Development Fin Corp Royal Palms Beach Hotel Plc Ascot Holdings Plc Huejay Intl Investments Plc Samson International Plc Asia Asset Finance Plc Hunas Falls Hotels Plc Sanasa Development Bank Plc Asia Capital Plc Hunter & Co Plc Seylan Developments Plc Asia Siyaka Commodities Plc Hva Foods Plc Sigiriya Village Hotels Plc Autodrome Plc J.L. Morison Son & Jones Singer Industries Ceylon Plc Balangoda Plantations Plc John Keells Hotels Plc Smb Leasing Plc Bogawantalawa Tea Estates Kalpitiya Beach Resort Plc Softlogic Finance Plc Brown & Co Plc Kandy Hotels Co 1938 Plc Swarnamahal Financial Servic Browns Beach Hotels Plc Kegalle Plantation Plc Talawakelle Tea Estates Plc Browns Capital Plc Kelani Cables Plc Tangerine Beach Hotels Plc Browns Investments Ltd Kelani Valley Plantations Pl Tea Smallholder Factories Bukit Darah Plc Kotagala Plantations Plc Udapussellawa Plantation Plc C T Land Development Plc Lanka Cement Plc Union Bank Of Colombo Plc Cargo Boat Development Co Lanka Century Investments Pl United Motors Lanka Plc Carson Cumberbatch Plc Lanka Ceramic Plc Vallibel One Plc Central Finance Co Plc Lanka Ioc Plc Waskaduwa Beach Resort Plc Central Industries Plc Lanka Milk Foods Cwe Plc York Arcade Holdings Plc Ceylon & Foreign Trades Plc Lanka Orix Finance Plc Ceylon Guardian Investment Lanka Orix Leasing Co Plc Ceylon Hotels Corp Plc Lanka Tiles Plc Ceylon Investment Plc Lanka Walltile Plc Ceylon Leather Products Plc Lankem Ceylon Plc Chemanex Plc Lankem Developments Plc Citizens Development Busines Lee Hedges Plc Citrus Leisure Plc Lighthouse Hotel Plc/The Colombo Dockyards Plc Lotus Hydro Power Plc Colombo Fort Investments Plc Madulsima Plantations Plc Colombo Fort Land & Bldg Co Mahaweli Reach Hotels Plc Colombo Investment Trust Plc Malwatte Valley Plant-Voting Colombo Pharmacy Co Plc Marawila Resorts Plc Colonial Motors Plc Maskeliya Plantation Plc Commercial Development Co Mercantile Shipping Co Plc Cw Mackie Plc Merchant Bk Of Sri Lnka & Fi Dankotuwa Porcelain Plc Mtd Walkers Plc Dfcc Bank Plc Namunukula Plantations Plc Diesel & Motor Engineering National Development Bank Pl Dipped Products Plc Nuwara Eliya Hotels Co Plc Dolphin Hotels Plc Odel Plc Eastern Merchants Plc On'Ally Holdings Plc Eden Hotel Lanka Plc Overseas Realty Ceylon Plc

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