Trade Summary Market - 04/07/2013

sriranga · 1 Trade Summary Market - 04/07/2013 Thu Jul 04, 2013 7:19 pm

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Trade Summary Market - 04/07/2013 Aspi14

sriranga

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Trade Summary Market - 04/07/2013 Cross13

Trade Summary Market - 04/07/2013 Cont15

http://www.cse.lk/cmt/upload_cse_report_file/daily_report_834_04-07-2013.pdf

Last edited by sriranga on Tue Jul 09, 2013 2:41 am; edited 1 time in total

sriranga · 3 Following Stocks Reached New High / Low on 04/07/2013 Thu Jul 04, 2013 8:12 pm

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Trade Summary Market - 04/07/2013 Hilo13

sriranga · 4 LSL Market Review – 04 July 2013 Thu Jul 04, 2013 8:13 pm

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Colombo stocks slipped below 6,100 level on Thursday and close at 6,073.17, down by 44.80 points (-0.73%). S&P SL 20 Index dropped by 33.54 points (-0.98%) to close at 3,399.46. Price depreciations in index heavy stocks such as John Keells Holdings by 2%, Carsons Cumberbatch by 3%, Aitken Spence by 2%, Sri Lanka Telecom by 1% and Cargills Ceylon by 2% contributed negatively to the index performances.

Daily turnover was LKR 738mn. Banking sector stocks Commercial Bank with LKR 260mn and Nations Trust Bank with LKR 175mn topped the turnover list followed by Aitken Spence Holdings (LKR 25mn). Off-the floor deals were recorded from Nations Trust Bank (2.25mn shares at LKR 65.00 per share) and Commercial Bank (~1.9mn shares at LKR 113.00 per share). The aggregate value of the crossings accounted for 49% of the market turnover.

PC House, Nation Lanka Finance and Central Investment & Finance were the mostly traded stocks during the day. Further 19 stocks reached 52 week low prices.

Foreign participation for the day was 34% and foreign investors were net buyers with a net inflow of LKR 42mn. Net foreign inflows were seen in counters such as Nations Trust Bank, Aitken Spence Holdings and John Keells Holdings.

Cash map improved to 45%.

Redbulls · 5 Indices extend sluggish momentum Thu Jul 04, 2013 8:59 pm

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WRITTEN BY THARANGA SENARATNE

Jul 04, 2013 (LBT) - Downtrend in indices: Indices traced a gradual downturn as the benchmark index denoted a sharp dip towards end of trading and settled with a dip of 44 points at 6,073.17 points. Notable dips in heavyweights encompassing the S&P SL20 index; John Keells Holdings (-2.2%), Carsons Cumberbatch (-3.3%) and Aitken Spence (-2.5%) significantly weighed on performance of the indices reflecting a 33 point dip in the S&P SL20 index.

7 crossings added 49% to the day’s turnover; BFI sector interest was dominated by Commercial Bank and Nations Trust Bank. Both counters entail strong valuations denoting PER of 6.7x and 5.0x 2014E net earnings. The former dominated the turnover backed by 3 crossings totaling c.1.9 mn shares at LKR113.0 while on-board activity depicted some selling pressure leading to a dip of 0.8% at its close. The latter registered four off-board blocks carrying 2.25 mn shares at a 52-week high (off-board) price of LKR65.0. On-board activity weighed largely on the buying side.

Heavyweights spearhead dip in indices: Sampath Bank and John Keells Holdings extended their bearish trend drawing notable investor focus. The former dipped a further 1.5% dip at its close of LKR197.0 on speculation leading to considerable selling pressure while the latter remained the key determinant of the downtrend in ASPI with a 2.2% dip for the day. Aitken Spence and LB Finance gathered some interest edging up to the top turnover slot on a few large transactions.

Retailers on the sidelines: Retailers remained on the sidelines amidst the bourse being dominated by a few large transactions. However selected counters; Overseas Realty, Renuka Agri Foods and PC House gathered interest.
http://lbt.lk/stock-market