FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» ලාභ විජ්ජාව!!
by D.G.Dayaratne Today at 8:11 pm

» Plantation Companies
by sureshot Today at 7:20 pm

» Banking Sector (3Q 2024)
by God Father Today at 7:05 am

» Prepare to be blown away..
by cpriya Today at 1:05 am

» Hotel Sigiriya (HSIG) most undervalued & huge profit making Hotel
by LAMDA Sat Nov 16, 2024 11:38 pm

» ‘Buy the Rumour, Sell the News’
by God Father Sat Nov 16, 2024 12:00 pm

» Asian stocks drift higher amid rate cut speculation; Japan lags
by Rare Sat Nov 16, 2024 9:56 am

» Oil prices fall further
by Rare Sat Nov 16, 2024 9:40 am

» Post-election winners.
by Rare Sat Nov 16, 2024 9:36 am

» CSE to turn bullish after November 14 poll
by Rare Sat Nov 16, 2024 9:30 am

» Bullish about a sustainable turnaround - CSE Chairman
by Rare Sat Nov 16, 2024 9:25 am

» COMMERCIAL BANK OF CEYLON PLC (COMB.N0000)
by EPS Thu Nov 14, 2024 10:31 pm

» People's leasing VS Singer Finance IPO Analysis
by ddrperera Wed Nov 13, 2024 8:18 pm

» Insights into LOLC Advanced Technologies
by samaritan Wed Nov 13, 2024 10:41 am

» LOLC Tech's ambitious plans for global expansion
by samaritan Tue Nov 12, 2024 2:06 pm

» PLANTATION SECTOR
by God Father Sun Nov 10, 2024 8:19 pm

» People's leasing company, a hidden gem? (an analysis)
by Nandana Withanage Sun Nov 10, 2024 6:56 pm

» PEOPLE'S LEASING BUYING SIGNAL Target Price 19 ..PLEASE KEEP EYE ON THIS..
by nilantha suranga Sun Nov 10, 2024 9:16 am

» Peoples leasing technically positive Target Price Rs 20
by Shiranli Sun Nov 10, 2024 7:43 am

» Quarterly Research Updates (Sep 2024)
by God Father Sun Nov 10, 2024 7:42 am

» Peoples Leasing....!!! whts the target?
by rajithasahan Sun Nov 10, 2024 7:35 am

» PEOPLE'S LEASING & FINANCE PLC
by mafasmunaseer Sun Nov 10, 2024 12:45 am

» Will garment exports to U.S. be taxed under Trump administration?
by Quibit Sat Nov 09, 2024 4:34 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Weekly Market Focus

2 posters

Go down  Message [Page 1 of 1]

1Weekly Market Focus Empty Weekly Market Focus Sun Jan 13, 2013 2:05 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

By Lanka Securities Research

Market closed marginally lower on Monday although premier blue chip John Keells Holdings gained around 1.3%. Losses on Bukit Darah, Hatton National Bank, Commercial Bank saw the indices driven lower whilst foreign investor favourites Nestle, Chevron Lubricants and Lion Brewery gained further ground. Blue-chips continued to dominate turnover with retail activity slowing down.

Power and energy sector gained 1.3% to reflect the improved hydro electricity generation currently taking place in the country. Chemicals & pharmaceuticals sector lost most ground with CIC Holdings closing lower at Rs. 64.00.

ASI dipped 1.62 points (0.03%) to close at 5,746.09 and the S&P SL20 index dipped 1.67 points (0.05%) to close at 3,120.04. Turnover was Rs. 557.5Mn.

Indices closed higher on Tuesday as Ceylon Tobacco Company dropped from its all-time high price and John Keells Holdings gained more than 0.6% whilst LOLC also gained more than 7% during a late rally. Asiri Central dominated turnover with a negotiated deal which accounted to almost 50% of the day’s turnover. Apart from that deal, blue-chips continued to dominate proceedings with plenty of private deals.

ASI gained 5.84 points (0.10%) to close at 5,751.93 and the S&P SL20 index gained 3.93 points (0.13%) to close at 3,123.97. Turnover was Rs. 1,273.6Mn.

On Wednesday, profit taking on many blue-chips during late trading caused the indices to lose marginally. However, yields on treasury bills fell further in today’s auction which will help to improve the condition of the stock market. Private deals on Asiri Hospitals and related parties transacted today as well whilst a Dialog saw selling pressure towards the close of trading.

ASI dropped 6.83 points (0.12%) to close at 5,745.10 and the S&P SL20 index lost 3.10 points (0.10%) to close at 2,120.87. Turnover was Rs. 497.2Mn.

Profit taking on John Keells Holdings and Banking sector stocks sent the broader index into negative territory on Thursday but Distilleries saw continued interest from retail and as well as institutional investors. Retail participation continued to be muted whilst private deals on blue-chips helped to bolster turnover.

ASI lost 12.89 points (0.22%) to close at 5,732.21 and the S&P SL20 index gained 0.66 points (0.02%) to close at 3,121.53 Turnover was Rs. 1,013.1Mn.

Indices managed to close higher on Friday helped by gains on Sri Lanka Telecom, Distilleries and few banking sector counters. Profit taking was evident on John Keells Holdings which has consistently gained ground during the past few weeks. Retail interest was seen picking up today as accumulation was seen on many
mid-capped counters.

ASI gained 14.28 points (0.25%) to close at 5,746.49 and the S&P SL20 index gained 12.34 points (0.40%) to close at 3,133.87. Turnover was Rs. 454.2Mn.

Top contributors to turnover were John Keells Holdings with Rs. 79.3Mn, Distilleries with Rs. 56.3Mn and Commercial Bank with Rs. 33.6Mn. Most active counters for the day were Environment Resource Investments, Distilleries and Environment Resource Investments warrant-6.

Notable gainers for the day were Hayleys Exports up by 8.6% to close at Rs. 34.00, Lanka Milk Foods up by 8.0% to close at Rs. 100.00 and Panasian Power up by 3.5% to close at Rs. 3.00. Notable losers for the day
were Dipped Products down by 3.7% to close at Rs. 105.00, Central Industries down by 2.1% to close at Rs. 67.00 and Royal Ceramics down by 1.9% to close at Rs. 96.10.

Cash map for today was 56.15% which is slight drop from yesterday. Foreign participation was 30% of total market turnover whilst net foreign selling was Rs. 14Mn.

Weekly Market Focus Bg10

2Weekly Market Focus Empty The Bourse Weekly Performance Sun Jan 13, 2013 2:55 pm

sriranga

sriranga
Co-Admin

Weekly Market Focus Z_p-5211
http://www.sundayobserver.lk/2013/01/13/fin100.asp

http://sharemarket-srilanka.blogspot.co.uk/

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum