Trade Summary Market - 29/05/2013

sriranga · 1 Trade Summary Market - 29/05/2013 Wed May 29, 2013 4:06 pm

sriranga

Co-Admin

Posts : 6822
Equity Stars : 23227
Reputation : 2855
Join date : 2011-02-01
Location : London

Trade Summary Market - 29/05/2013 Aspi34

sriranga · 2 Following Stocks Reached New High / Low on 29/05/2013 Wed May 29, 2013 4:08 pm

sriranga

Co-Admin

Posts : 6822
Equity Stars : 23227
Reputation : 2855
Join date : 2011-02-01
Location : London

Trade Summary Market - 29/05/2013 Hilo27

sriranga · 3 LSL Market Review – 29th May 2013 Wed May 29, 2013 4:46 pm

sriranga

Co-Admin

Posts : 6822
Equity Stars : 23227
Reputation : 2855
Join date : 2011-02-01
Location : London

Colombo stocks recovered today after two days of losses where benchmark indices closed with positive returns. ASI advanced by 21.11 points to close at 6,455.81 and S&P SL 20 Index advanced by 17.68 points to close at 3,644.64. Price appreciations in large cap stocks such as Chevron Lubricants by LKR 6.60, Bukith Darah by LKR 4.20 and National Development Bank by LKR 4.50 contributed positively to the market performances.

Daily market turnover was LKR 906mn. Nation Lanka Finance with LKR 107.3mn, Chevron Lubricants with LKR 73.9mn and John Keells Holdings with LKR 58.7mn topped the turnover list for the day.

Two crossings were recorded by Asiri Hospital Holdings (~1.4mn shares at LKR 15.50 per share) and National Development Bank (~0.2mn shares at LKR 177.00 per share). The aggregate value of the crossings accounted for 6% of the market turnover.

Nation Lanka Finance voting share and the Warrant-21 traded heavily with top trading volumes and ended among the top gainers. Further Land & Property sector stocks such as MTD Walkers, Overseas Reality and Colombo

Land & Development were among the mostly traded stocks during the day.

Cash map closed at 50.8%. Foreign participation for the day was 21% of the total market activity and foreign investors were net buyers with a net inflow of LKR 102mn.

sriranga

sriranga

Co-Admin

Posts : 6822
Equity Stars : 23227
Reputation : 2855
Join date : 2011-02-01
Location : London

Trade Summary Market - 29/05/2013 Cross31

Trade Summary Market - 29/05/2013 Cont38

Redbulls · 5 Bourse trends up on volatile footing Wed May 29, 2013 5:55 pm

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16262
Reputation : 770
Join date : 2012-02-14

WRITTEN BY THARANGA SENARATNE

May 29, 2013 (LBT) - Bourse gains closing up on 6,500: The bourse witnessed heavy volatility throughout the day though the index stayed in the green all day long providing some comfort to investors. Considerable improvement in retail activity was observed during the day on selected counter while Commercial Bank, Ceylon Beverage Holdings, Sri Lanka Telecom and Asian Hotels and Properties were the primary contributors to the index.

Retail favourite counters climb to the top of the turnover list: Nation Lanka Finance saw renewed buying following a prolonged quiet period as the counter saw 9.7mn shares being traded with 1 large block of 715k share changing hands at LKR10.2. The counter gained sharply closing with a 17% gain at LKR11.7. Blue chips Chevron Lubricants and John Keells Holdings generated investor attention with the latter recording some selling pressure as counters closed at LKR318.1 and LKR288.6.

Land and Property sector retains buying interest: Investor play was steady in the land and property counters Overseas Reality and Colombo Land as the former renewed its 52-week high to LKR21.3 while both counters recorded gains of 2.4% and 2.7%.Retail interest strengthens: Retail investors were active on a otherwise dull day changing the momentum on the market. Nation Lanka Finance, Colombo Land and Overseas Reality were some of the favourite picks of the retailers.
http://lbt.lk/stock-market