Trade Summary Market - 24/07/2013

sriranga · 1 Trade Summary Market - 24/07/2013 Wed Jul 24, 2013 4:09 pm

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Trade Summary Market - 24/07/2013 Aspi26

sriranga · 2 Following Stocks Reached New High / Low on 24/07/2013 Wed Jul 24, 2013 4:09 pm

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Trade Summary Market - 24/07/2013 Hilo17

sriranga · 3 24/07/2013 - Top 10 Contributors to Change ASPI Wed Jul 24, 2013 4:16 pm

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Trade Summary Market - 24/07/2013 Cont27

http://www.cse.lk/cmt/upload_cse_report_file/daily_report_186_24-07-2013.pdf

sriranga · 4 LSL Market Review – 24 July 2013 Wed Jul 24, 2013 5:45 pm

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Colombo stocks ended mixed note today as the Central Bank held monetary policy rates stable. However, according to the primary Treasury bill auction held today the Central Bank only accepted 365day maturity treasury bills and the yield dropped by 3 bps to 10.56%.

Benchmark All Share Index fell marginally by 5.10 points (+0.08%) to close at 6,079.14 and S&P SL 20 Index closed at 3,448.11, up 12.02 points (0.34%). Price declined in large cap stocks such as Sri Lanka Telecom by 1.4%, NDB Capital Holdings by 6.6% and John Keells Holdings by 0.1% contributed negatively and price appreciations in stocks such as Dialog Axiata by 2.3%, Hatton National Bank by 3.1% and Aitken Spence Hotel Holdings by 4.4% contributed positively to the ASI and S&P Index performances respectively.

Market turnover was LKR 292mn. Index heavy John Keells Holdings, the heavily traded stock with LKR 66mn, Dialog Axiata with LKR 40mn and Bukit Darah with 34mn were the top contributors to the market turnover.

Meanwhile, First Capital Holdings, Kegalle Plantations and Textured Jersey were among the mostly traded stocks for the day. The Ex-dividend date of Textured Jersey fell on today and the stock closed LKR 12.20, down by LKR 0.40 (-3.2%).

Foreign participation for the day was 22.4% and foreign investors ended as net buyers with a net inflow of LKR 107mn.

Cash map closed at 73.2%.

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WRITTEN BY THARANGA SENARATNE

July 24, 2013 (LBT) - ASPI ended broadly flat: Indices fell back to a sluggish trend following three consecutive days of upward momentum as the ASPI closed broadly flat at 6,079.14 points (-5 points). Heavyweights; Dialog Axiata (+2.3%) and John Keells Holdings (-0.2%) weighed significantly on indices. The S&P SL20 index closed with a gain of 12 points.

Diversified sector dominated the turnover: Diversified sector dominated the turnover adding 26% supported by John Keells Holdings and Bukit Darah. The former which rallied three consecutive days topped the turnover backed by a c.89k share block before it dipped 0.2% at its close of LKR269.7. The latter gathered renewed interest towards mid-day trading denoting a gain of 0.1% at its close. No off-board transactions were recorded.

Renewed interest in Dialog: Dialog Axiata surrounded notable buying interest as it edged up to the top turnover slot backed by a 4.4 mn on-board share block at its intra-day high of LKR8.8. The counter closed with a gain of 2.3%. Kegalle Plantations saw investor participation with the approaching of its XD date leading the counter to the top turnover slot. Interest remained in Textured Jersey which closed with a dip of 3.2% leaving further opportunity to accumulate at current levels. BFI sector interest highlighted Hatton National Bank [Non-Voting] which closed with a 1.6% gain at LKR111.8.

Retail activity in selected counters: Retailer participation remained moderate surrounding selected counters; First Capital Holdings, Kegalle Plantations and Textured Jersey.
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