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 Foreign Sales Volume of Turnover (No.) PER PBV 7,000 6,000 5,000 4,000 3,000 2,000 1,000 800 700 600 500 400 300 200 100 0 Rs.M 0 30th July 29th July 700,855,464 451,295,206 439,381,462 186,956,781 197,383,690 240,876,725 261,474,001 264,338,425 503,471,774 210,418,481 13,166,665 9,741,714 16.03 16.03 2.15 2.15 6,079.14 6,038.16 6,051.77 6,056.92 6,055.48 3,448.11 3,423.48 3,427.87 3,425.77 3,432.03 24th July 25th July 26th July 29th July 30th July Sch890111149 ASPI S&P SL20 24th July 25th July 26th July 29th July 30th July Turnover Foreign Purchases Volume 20 15 10 5 0 Volume Mn The Bourse drops slightly The market witnessed a minute drop during the day while resulting in the indices to close on either side. The benchmark ASPI index fell to 6,055.48, losing a tiny 1.44 points or 0.02%. However, the S&P SL20 managed to breathe within the green terrain yet again, closing at 3,432.03, gaining 6.26 points or 0.18%; this was derived by gains in counters such as NEST (+1.95%), CTC (+1.50%), BUKI (+0.58%), COMB (+2.89%) and SAMP (+1.41%) etc. Further, with regard to the movement in share prices, a total of 110 companies lost while only 65 gained. The gainers were headed by Associated Motor Finance Company PLC (+7.73%) and losers were led by Miramar Beach Hotel PLC (- 13.48%). The daily turnover of LKR 700.86Mn indicated a rise of 55.30% against the previous trading day. By accounting to nearly 67% of the daily aggregated turnover, John Keells Holdings PLC (JKH) led the turnover list providing LKR 468.49Mn predominantly supported by 4 blocked deals worth LKR 293.20Mn where an aggregate quantity of 1.10Mn shares were crossed at prices LKR 265/- and LKR 268/-. The counter witnessed notable on-board interest as well, being amidst the top sought after counters for the day while logging 174 trades resulting in a quantity of 656K shares changing hands. JKH reached a highest traded price of LKR 269/- within the day, however settled the day at its intraday low of LKR 260/-, dropped down by LKR 7.50/- or 2.80%. Further, foreign investors were bearish on JKH today by selling nearly 1Mn shares, accounting a net foreign selling of LKR 272Mn.Notably, the 2 banking sector counters Commercial Bank of Ceylon PLC (COMB) and Sampath Bank PLC (SAMP) provided LKR 62.75Mn and LKR 18.26Mn respectively to the daily aggregated turnover whilst securing their position amidst the top subscribers. As at the day s end COMB settled the day at LKR 117.30/- (up/- (up by LKR 3.30/- or 2.89%) amidst a significant foreign interest of LKR 26.87Mn, and SAMP closed at LKR 202/- (up by LKR 2.80/- or 1.41%).
Under the sectorial round up, Diversified Holdings (DIV) dominated the rest providing LKR 475.75Mn, while accounting a share of 68% of the daily aggregated turnover. Bank Finance & Insurance (BFI) sector too provided a notable LKR 143.30Mn; further, BFI managed to capture the highest investor interest during the day noting 1,248 trades resulted in a total quantity of 4.72Mn shares changing hands. Moreover, nearly 90% of the daily turnover was accounted by the two sectors DIV and BFI. The volume for the day stood at 13.17Mn, indicating a gain of 35.16% against the previous trading day. John Keells Holdings PLC, Central Investments & Finance PLC & Textured Jersey Lanka PLC were the heavily traded counters during the day with 1.76Mn shares, 1.13Mn shares, and 1.02Mn shares respectively. Foreign investors ended their 5 day bullish run to result in a net foreign outflow of LKR 242Mn, whilst dragging the year to date net foreign inflow (LKR 16.76Bn) below the LKR 17Bn level. Foreign selling for the day amounted to LKR 503.47Mn which led by JKH (LKR 272Mn) and followed by Union Bank (LKR 5.5Mn) & National Development Bank (LKR 3.3Mn) too. Foreign buying amounted to LKR 261.47Mn, led by Commercial Bank (LKR 26.8Mn),Distilleries (LKR 4.8Mn), Ceylon Tobacco (LKR 3.3Mn). Looking at the local FOREX markets, the USD closed the day at LKR 133.20/- selling and LKR 130/- buying. Market Capitalisation Company Name Price Issued Qty Mkt Capitalization As a % (Total) JOHN KEELLS HOLDINGS PLC 264.10 857,758,072 226,533,906,815 9.61 CEYLON TOBACCO COMPANY PLC 1,064.50 187,323,751 199,406,132,940 8.46 NESTLE LANKA PLC 1,950.00 53,725,463 104,764,652,850 4.45 COMMERCIAL BANK OF CEYLON PLC 116.80 794,101,192 92,751,019,226 3.94 CARSON CUMBERBATCH PLC 417.30 196,386,914 81,952,259,212 3.48 SRI LANKA TELECOM PLC 39.30 1,804,860,000 70,930,998,000 3.01 THE BUKIT DARAH PLC 686.10 102,000,000 69,982,200,000 2.97 DIALOG AXIATA PLC 8.50 8,143,778,405 69,222,116,442 2.94 DISTILLERIES COMPANY OF SRI LANKA PLC 190.50 300,000,000 57,150,000,000 2.43 AITKEN SPENCE PLC 124.50 405,996,045 50,546,507,602 2.15 Highest Volume Highest Turnover Company Name Share Turnover (Rs) Company Name Trade Share Turnover (Rs) Vol. Vol. Vol. JOHN KEELLS HOLDINGS PLC 1,758,643 468,489,896.80 JOHN KEELLS HOLDINGS PLC 178 1,758,643 468,489,896.80 CENTRAL INVESTMENTS & FINANCE PLC 1,133,772 1,250,759.70 COMMERCIAL BANK OF CEYLON PLC 93 539,262 62,748,712.80 TEXTURED JERSEY LANKA PLC 1,020,209 13,374,539.30 SAMPATH BANK PLC 68 90,627 18,264,704.30 PANASIAN POWER PLC 596,472 1,371,948.80 TEXTURED JERSEY LANKA PLC 143 1,020,209 13,374,539.30 COMMERCIAL BANK OF CEYLON PLC 539,262 62,748,712.80 CEYLINCO INSURANCE PLC (X) 20 28,122 11,268,537.10 PEOPLE'S LEASING & FINANCE PLC 503,435 7,238,331.50 ACCESS ENGINEERING PLC 92 409,335 8,524,925.50 UNION BANK OF COLOMBO PLC 430,610 7,774,473.00 UNION BANK OF COLOMBO PLC 115 430,610 7,774,473.00 TOUCHWOOD INVESTMENTS PLC 418,638 1,674,652.10 PEOPLE'S LEASING & FINANCE PLC 27 503,435 7,238,331.50 ACCESS ENGINEERING PLC 409,335 8,524,925.50 HAYCARB PLC 12 34,722 6,882,409.80 NATION LANKA FINANCE PLC 392,696 3,416,555.20 COLOMBO DOCKYARD PLC 16 24,395 5,337,351.40
Top Gainers Company Name VWA Prev VWA Days Change Change High Low No. of Turnover Close Close (Rs.) % (Rs.) (Rs.) Shares (Rs.) AMF CO LTD 362.00 390.00 28.00 7.73 390.00 388.00 36 14,017.00 MULLERS 1.30 1.40 0.10 7.69 1.40 1.30 51,031 66,354.30 PALM GARDEN HOTL 75.30 80.50 5.20 6.91 81.00 75.00 2,532 196,770.20 COLD STORES 165.00 175.00 10.00 6.06 175.00 163.00 2,905 506,796.40 HOTEL SIGIRIYA 75.50 79.80 4.30 5.70 79.90 75.60 1,824 145,485.60 Top Losers Company Name VWA Prev VWA Days Change Change High Low No. of Turnover Close Close (Rs.) % (Rs.) (Rs.) Shares (Rs.) MIRAMAR 65.30 56.50 (8.80) (13.48) 65.30 56.50 1,026 66,789.50 CEYLON GUARDIAN 189.00 171.10 (17.90) (9.47) 171.10 171.10 99 16,938.90 UDAPUSSELLAWA 30.00 27.20 (2.80) (9.33) 27.50 27.10 1,250 33,979.00 BLUE DIAMONDS [X] 1.10 1.00 (0.10) (9.09) 1.10 1.00 152,364 153,630.40 MERC. SHIPPING 159.90 147.70 (12.20) (7.63) 157.90 145.20 5 738.70 Market Highlights - Sector Wise Sector Price Index Turnover Sector Today Privious Value (Rs) Volume Trades P/E PBV BANK FINANCE AND INSURANCE 13,191.77 13,132.03 143,303,203 4,722,511 1,248 9.90 1.70 BEVERAGE FOOD AND TOBACCO 19,380.29 19,139.84 13,140,919 356,841 231 21.70 6.30 CONSTRUCTION AND ENGINEERING 2,834.42 2,839.38 14,297,295 474,258 143 13.80 1.60 CHEMICALS AND PHARMACEUTICALS 7,092.87 7,197.51 7,273,062 105,240 54 8.20 1.40 DIVERSIFIED HOLDINGS 1,960.48 1,976.33 475,750,606 2,451,555 456 24.30 2.40 FOOTWEAR AND TEXTILE 830.76 830.52 198,184 44,631 29 0.00 1.00 HOTELS AND TRAVELS 3,257.30 3,278.43 5,356,578 456,377 365 31.70 1.90 HEALTH CARE 657.99 657.30 2,088,508 232,893 58 25.60 2.50 INVESTMENT TRUSTS 17,992.88 18,856.70 1,949,122 492,127 112 29.30 1.30 INFORMATION TECHNOLOGY 54.45 54.45 521,772 267,385 62 9.20 0.80 LAND AND PROPERTY 581.98 584.51 2,982,101 483,819 221 9.90 0.90 MANUFACTURING 3,070.48 3,080.40 21,271,369 1,647,921 425 13.10 1.90 MOTORS 15,692.57 15,738.35 163,292 1,151 20 3.90 1.30 OIL PALMS 95,307.54 95,387.26 96,206 136 11 82.30 6.80 POWER & ENERGY 112.26 111.90 7,870,984 1,121,279 216 14.80 1.40 PLANTATIONS 739.80 741.28 1,916,682 202,490 268 9.60 0.80 STORES SUPPLIES 23,727.68 24,064.33 1,247,244 1,746 25 32.70 2.10 SERVICES 24,723.13 24,643.83 141,592 29,528 26 9.70 1.90 TELECOMMUNICATIONS 156.73 157.64 229,468 23,316 16 14.70 1.50 TRADING 15,298.05 15,567.84 302,657 40,061 50 12.20 1.50
Exchange Rates Indicative Rates Currency 30th July 29th July 30th July 29th July Currency Buying Selling Buying Selling Ind: Value Ind: Value Dollar (USA) 130.00 133.20 130.01 133.21 Yuan (China) 21.45 21.47 Pound (UK) 198.79 204.63 199.66 205.52 Rupee (India) 2.21 2.23 Euro (EU) 171.45 177.19 171.91 177.67 Won (Korean) 0.12 0.12 Franc (Sw itzerland) 138.51 143.89 139.16 144.56 Dinar (Kuw ait) 462.71 462.97 Dollar (Canada) 125.85 130.45 125.87 130.45 Ringgit (Malay) 40.68 40.88 Dollar (Australia) 118.33 122.94 119.69 124.35 Rial (Oman) 341.74 341.82 Dollar (Singapore) 101.85 105.42 102.26 105.86 Riyal (Qatar) 36.13 36.16 Yen (Japan) 1.32 1.37 1.32 1.37 Riyal (KSA) 35.08 35.09 Dirham (UAE) 35.82 35.83 Central Bank's Policy Rates Description Central Bank Repurchase (Repo) Rate Central Bank Reverse Repurchase (Reverse Repo) Rate Bank Rate Statutory Reserve Ratio (SRR) Treasury Bills AWPLR Rate ( Per Annum) 7.00 9.00 15.00 6.00 AWDR This week Last week This Week Last week This Month Last Month 91 Days - 8.63 Weekly 11.79 11.79 Monthly 10.56 10.74 182 Days - 9.66 Monthly 12.47 13.11 6 Months 10.61 10.53 364 Days 10.56 10.59 6 Months 13.59 13.89 1 Year 13.61 13.90 Colombo Consumers Price Index (CCPI) Year on Year Change Annual Average Change Description 2013 2012 April May June April May June 6.40 7.30 6.80 6.10 7.00 9.30 8.80 8.80 8.60 5.70 5.60 5.80 SLIBOR & LIBOR Description SLIBOR (30th July ) (%) LIBOR - GBP (29th July ) (%) LIBOR - USD (29th July ) (%) (CBSL.lk, Global-rates.com, CBSL ) Over Night 7 Days 1 M 3 M 6 M 12 M 8.84 9.36 10.14 11.38 12.18 12.89 0.47750 0.48500 0.49063 0.50856 0.58300 0.86000 0.11980 0.15217 0.18643 0.26600 0.39550 0.67319
Country Foreign Markets- Index 29-Jul-13 % Change 26-Jul-13 % Change 25-Jul-13 USA Dow Jones Indus. AVG 15,521.97-0.24% 15,558.83 0.02% 15,555.61 USA NASDAQ Composite Index 3,599.14-0.39% 3,613.17 0.22% 3,605.19 Europe Euro Stoxx 50 Pr 2,741.73-0.01% 2,741.96 0.06% 2,740.29 UK FTSE 100 6,560.25 0.08% 6,554.79-0.50% 6,587.95 Japan Nikkei 225 13,661.13-3.32% 14,129.98-2.97% 14,562.93 Hong Kong Hang Seng Index 21,850.15-0.54% 21,968.95 0.31% 21,900.96 China CSI 300 Index 2,175.97-2.16% 2,224.01-0.61% 2,237.68 Pakistan Karachi 100 Index 23,315.15-0.77% 23,497.07-0.32% 23,573.68 India BSE Sensex 30 Index 19,593.28-0.78% 19,748.19-0.29% 19,804.76 Singapore Straits Times Index 3,236.97 0.03% 3,236.10 0.01% 3,235.68 Malaysia FTSE Bursa Malaysia EMAS 12,527.99-0.57% 12,600.05-0.04% 12,605.46 Bangladesh DSE General Index DGEN 4,329.39 0.40% N/A N/A 4,312.21 Mongolia MSE Top 20 Index 14,715.94-0.15% 14,738.72-0.45% 14,804.92 Bloomberg Rubber Prices - 18 July 2013 World Commodity Prices Grade Price Range (Rs) Commodity 30-Jul-13 29-Jul-13 26-Jul-13 LC No.1X 395.00-395.00 Brent Crude Oil 107.45 107.17 107.65 LC No.1 385.00-395.00 WTI Crude Oil 104.55 104.70 105.49 LC No.2 365.00-375.00 Gold 1,328.40 1,321.70 1,329.00 LC No.3 340.00-355.00 Silver 19.85 19.76 20.15 LC No.4 325.00-328.00 Copper 3.12 3.11 3.19 SC (Br) No.1 315.00-315.00 SC (Br) No.3 265.00-265.00 Flat Bark 235.00-235.00 Month 2011 2012 2013 RS Sheet No.1 390.00-390.00 January 74,197 85,874 97,411 RS Sheet No.2 380.00-390.00 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 Tea Prices Tourist Arrivals to Sri Lanka July 83,786 90,338 Elevation Sale No : 27 Sale No : 26 August 72,463 79,456 Uva High 338.27 339.50 September 60,219 71,111 Western High 377.35 359.39 October 69,563 80,379 Uva Medium 360.12 374.99 November 90,889 109,202 Western Medium 348.49 352.60 December 97,517 122,252 Low Grow n 433.79 434.61 Total 855,975 1,005,605 512,281
Sri Lanka FDI flows reach $430mn in first half 2013 Foreign direct investment flows to Sri Lanka in the first half of 2013 reached 430 million US dollars and the full year was expected to bring 2.0 billion US dollars. The money had come mainly from Chinese and Hong Kong based companies with top sectors being tourism, mixed development projects and manufacturing. (lankabusinessonline.com) Sri Lanka 15-year bond yield falls at auction Sri Lanka's 15-year bond yield fall at auction by 11 basis points to 12.10 percent from the last auction while the a 30- year bond was unchanged at 12.50 percent. Sri Lanka last issued 15-year bonds in January 2013. The 5-year bond yield was unchanged at 11.17 percent. The debt office sold 10 billion rupees in 30 year bonds maturing in 2043 and 20 billion in 15-year bonds maturing in 2028 and 5 billion rupees of five year bonds maturing on 2018. (lankabusinessonline.com) Japan's industrial output and household spending fall Japan has posted weaker-than-expected economic data, underlining the challenges the government faces as it tries to revive the country's economy. Industrial output fell 3.3% in June, from the previous month. Compared with the same month a year ago it fell 4.8%. Meanwhile, household spending declined 0.4% from a year earlier. Analysts had expected growth of 1.0%. Japan has been trying to boost domestic consumption in an attempt to revive its stagnant economy. Earlier this year, the central bank doubled its inflation target to 2% in an attempt to boost consumer prices and spending. (bbc.co.uk) German Inflation Seen Slowing for First Time since April German inflation probably slowed in July for the first time in three months, signaling price gains in Europe s largest economy remain subdued. Germany s consumer price index, calculated using a harmonized European Union method, rose 1.8 percent from a year ago, compared with 1.9 percent in June. Prices probably climbed 0.1 percent on the month. German inflation will average 1.6 percent this year and 1.5 percent in 2014. The Frankfurt-based central bank reduced its 2013 growth projection for Germany last month to 0.3 percent from the 0.4 percent it predicted in December, citing a worse-than-expected first quarter and warned that Europe s sovereign debt crisis still poses risks to the economic recovery. Consumer price gains in the 17-nation euro area accelerated to 1.6 percent in June from 1.4 percent the previous month and 1.2 percent in April as energy prices rebounded. Data for this month will be published on July 31. The European Central Bank last month cut its 2013 inflation forecast for the region to 1.4 percent from 1.6 percent and left the 2014 estimate unchanged at 1.3 percent. (bloomberg.com)
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 Anurudhdha Basnayake anurudhdha@ashaphillip.net 0094 112429137 Nishantha Warnakulasuriya nishantha@ashaphillip.net 0094 112429137 Head Office: Southern Region (Matara) # 24-1/3, A, 2nd Floor, E.H. Cooray Tower, Anagarika Dharmapala Mw, Matara. Tel: 041 2235191-6 Branch Office: Matara # 38, Station Road, Matara. Tel. 041 2223940 Branch Office: Negombo # 142, Greens Road, Negombo. Tel. 031 2227474 Branch Office: Gampaha # 21, Courts Road, Gampaha. Tel. 033 2234888 Branch Office: Kiribathgoda Udeshi City Shopping Complex, 2nd Floor, 2-14, No. 94, Makola Road, Kiribathgoda. Tel. 011 2908511 Branch Office: Kurunegala No. 6, 1st Floor, Union Assurance Bldg, Rajapihilla Mawatha, Kurunegala. Tel. 037 2234777 Branch Office: Kandy Ceybank House, # 88, Dalada Vidiya, Kandy. Tel. 081 4474118 Branch Office: Galle # 16, Sri Dewamittha Mw, Galle. Tel. 091 2233558 Branch Office: Anuradhapura # 9, Maithripala Senanayaka Mw, Bank Site, New Town, Anuradhapura. Tel. 025 2234705 Branch Office: Batticaloa #22B Bar Road, Batticaloa, Tel: 065 2228029 Branch Office: Jaffna 1st Floor, # 398/1, Hospital Road, Jaffna. Tel: 021 2221614 Branch Office: Vavuniya 1st Floor, # 60, 1st Cross Street, Vavuniya. Tel: 024 2226031 Branch Office: Badulla # 33/3, 2nd Floor, Modern Complex, Badulla. Tel: 055 2222009 Branch Office: Wellawatte # 3-1/2, Collingwood Place, Colombo 06. Tel: 0112 362939 Branch Office: Panandura # 465, Galle Road, Panandura. Tel: 038 2234780 Branch Office: Ambalanthota # 153, Tissa Road, Ambalanthota. Tel: 047-2225170 Branch Office: Wattala # 118, Negombo Road, Wattala. Tel: 011-2930099 Branch Office: Embilipitiya # 61, Sampath Bank Bldg. Main Street, Embilipitiya. Tel. 047 2261950 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.