Trade Summary Market - 18/09/2012

sriranga · 1 Trade Summary Market - 18/09/2012 Tue Sep 18, 2012 4:23 pm

sriranga

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Trade Summary Market - 18/09/2012 Aspi40

Trade Summary Market - 18/09/2012 1809cs10

Trade Summary Market - 18/09/2012 1809cs11

sriranga · 2 Stocks tumble marginally Tue Sep 18, 2012 5:40 pm

sriranga

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By The Nation

Indices were in red territory from the start of trading to the end. The continuous rise in the indices has brought us to a situation where profit taking and minimizing losses made during the past year have been evident. Stocks have gone beyond the attractive range seen in the last few months and a period of consolidation is on the cards. The Colombo Stock Exchange is now trading at regional valuations as against the relative cheaper valuations seen in the recent past.

ASI dropped 58.28 points (0.98%) to close at 5,9110.81, MPI plunged 87.45 points (1.55%) to close at 5,542.93 and the S&P index lost 32.97 points (1.03%) to close at 3,177.73. Turnover was Rs. 1,843.0Mn.

Top contributors to turnover were Nation Lanka Finance with Rs. 174.1Mn, John Keells Holdings with Rs. 100.6Mn and Citrus Kalpitiya with Rs. 92.7Mn. Most active counters for the day were Nation Lanka Finance, Central Investments and Finance and Citrus Kalpitiya.

Notable gainers for the day were Central Investments and Finance up by 37.9% to close at Rs. 10.90, Browns Beach Hotel up by 17.1% to close at Rs. 27.40 and Asia Asset Finance up by 9.4% to close at Rs. 3.50. Notable losers for the day were Ceylinco Housing down by 10.3% to close at Rs. 20.00, Ramboda Falls down by 8.2% to close at Rs. 20.10 and Singer Sri Lanka down by 7.5% to close at Rs. 115.10.

Cash map for today was 39.73% which is significantly lower than what we have seen during the past few weeks. Foreign participation was 11.3% of total market turnover and net foreign buying was Rs. 175.1Mn.
http://www.nation.lk/edition/biz-news/item/10536-stocks-tumble-marginally.html

sriranga · 3 Re: Trade Summary Market - 18/09/2012 Tue Sep 18, 2012 5:48 pm

sriranga

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Trade Summary Market - 18/09/2012 1809co10

Slstock · 4 Re: Trade Summary Market - 18/09/2012 Tue Sep 18, 2012 5:53 pm

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" Stocks have gone beyond the attractive range seen in the last few months and a period of consolidation is on the cards."

Only true for some stocks. Some stocks still trading around PE of 5 and some below NAV.

Btw I really hope GSF and ASIY corrects independently soon. If these corrects to rational values then my guess is ASI will reduce by 100 points! Will help the overall cause. Even GSF says they don't why this rise Surprised

.

With few odd lots again today GSF contributed to +0.25% ASI !!

Also nore foreign inflow is healthy.

sriranga wrote:By The Nation

Indices were in red territory from the start of trading to the end. The continuous rise in the indices has brought us to a situation where profit taking and minimizing losses made during the past year have been evident. Stocks have gone beyond the attractive range seen in the last few months and a period of consolidation is on the cards. The Colombo Stock Exchange is now trading at regional valuations as against the relative cheaper valuations seen in the recent past.

ASI dropped 58.28 points (0.98%) to close at 5,9110.81, MPI plunged 87.45 points (1.55%) to close at 5,542.93 and the S&P index lost 32.97 points (1.03%) to close at 3,177.73. Turnover was Rs. 1,843.0Mn.

Top contributors to turnover were Nation Lanka Finance with Rs. 174.1Mn, John Keells Holdings with Rs. 100.6Mn and Citrus Kalpitiya with Rs. 92.7Mn. Most active counters for the day were Nation Lanka Finance, Central Investments and Finance and Citrus Kalpitiya.

Notable gainers for the day were Central Investments and Finance up by 37.9% to close at Rs. 10.90, Browns Beach Hotel up by 17.1% to close at Rs. 27.40 and Asia Asset Finance up by 9.4% to close at Rs. 3.50. Notable losers for the day were Ceylinco Housing down by 10.3% to close at Rs. 20.00, Ramboda Falls down by 8.2% to close at Rs. 20.10 and Singer Sri Lanka down by 7.5% to close at Rs. 115.10.

Cash map for today was 39.73% which is significantly lower than what we have seen during the past few weeks. Foreign participation was 11.3% of total market turnover and net foreign buying was Rs. 175.1Mn.
http://www.nation.lk/edition/biz-news/item/10536-stocks-tumble-marginally.html