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

» Price Movement in Brent Co., WTI Co., and CEYPETCO Price Revisions Since Hamas' Attack on Israel in October 2023
by sheildskye Today at 6:19 am

» WATA; MELS; LLUB; RCL- DIVIDEND SEASON
by sheildskye Today at 6:04 am

» NDB Wealth buys more into Access Engineering; foreign investor Tundra exits
by Dasun Maduwantha Sun Oct 13, 2024 12:57 pm

» Access to invest in agri and livestock
by rajithasahan Sun Oct 13, 2024 12:00 am

» ACCESS ENGINEERING PLC (AEL.N0000)
by Shiranli Sat Oct 12, 2024 11:48 am

» COMMERCIAL BANK OF CEYLON PLC (COMB.N0000)
by EPS Fri Oct 11, 2024 10:54 pm

» Stocks on the Radar at CSE
by Biggy Fri Oct 11, 2024 11:37 am

» Construction Giant's IPO - Access Engineering
by Nandana Withanage Thu Oct 10, 2024 1:12 am

» Global Rice prices drops
by Rare Sun Oct 06, 2024 3:19 am

» Post-election winners.
by Rare Thu Oct 03, 2024 1:01 pm

» ACCESS Engineering,my target Rs. 26/-
by shiraz latiff Thu Oct 03, 2024 12:41 pm

» Access Engineering awarded two more contract packages at Colombo Port
by shiraz latiff Thu Oct 03, 2024 12:39 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by nilantha suranga Thu Oct 03, 2024 12:36 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by Anushka Perz Wed Oct 02, 2024 10:33 am

» History Repeat Access Engineering PLC
by sakuni Wed Oct 02, 2024 10:31 am

» Asian stocks drift higher amid rate cut speculation; Japan lags
by Rare Mon Sep 30, 2024 1:29 pm

» Sri Lanka: Light Rail Transport (LRT) at what opportunity cost?
by God Father Mon Sep 30, 2024 7:52 am

» Sri Lankan companies with small market cap
by Rare Sat Sep 28, 2024 4:41 am

» Large cap Sri Lankan companies
by Rare Sat Sep 28, 2024 4:36 am

» Gold, copper, iron and aluminum no more bargain
by Rare Sat Sep 28, 2024 4:25 am

» Reinstatement of SLT-Mobitel's ETA System for Streamlined Visa Processing
by pramu perera Fri Sep 27, 2024 8:49 pm

» Oil prices fall further
by Rare Fri Sep 27, 2024 12:20 pm

» Sri Lanka rupee closes at 275/290 to the US dollar
by Rare Thu Sep 26, 2024 11:58 am

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

Sri Lanka stocks down 0.5-pct

3 posters

Go down  Message [Page 1 of 1]

1Sri Lanka stocks down 0.5-pct Empty Sri Lanka stocks down 0.5-pct Fri Jan 17, 2014 5:16 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Jan 17, 2014 (LBO) – Sri Lanka stocks close in the red Friday ending a six-day upbeat trend with tobacco and diversified stocks losing ground, brokers said.

The Colombo benchmark All Share Price Index closed 35.93 points lower at 6,131.05, down 0.58 percent. The S&P SL20 closed 19.11 points lower at 3,407.94, down 0.56 percent.

Turnover was 1.64 billion rupees, down from 1.86 billion rupees a day earlier, with stocks of 128 firms closing in the red against 62 gainers.

Index heavy JKH topped the turnover list with three off market transactions of 795 million rupees contributing to 48 percent of the total turnover today.

The Finance Company closed 60 cents lower at 14.10 rupees and Blue Diamonds closed flat at 3.70 rupees, attracting most number of trades during the day.

Foreigners bought 947 million rupees worth shares while selling 1,028 million rupees of shares.

Ceylon Tobacco Company closed 18.70 rupees lower at 1,201.60 rupees and JKH closed 2.20 rupees lower at 238.00 rupees, contributing most to the index drop.

JKH’s W0022 warrants closed 5.20 rupees lower at 79.90 rupees and its W0023 warrants closed 5.50 rupees lower at 84.60 rupees.

Aitken Spence Hotel Holdings closed 2.90 rupees lower at 69.10 rupees and Carson Cumberbatch ended 4.20 rupees lower at 350.00 rupees.

Nestle Lanka ended 60 cents lower at 2,139.50 rupees and Cargills Ceylon closed flat at 146.50 rupees.

Bukit Darah closed 5.00 rupees lower at 615.00 rupees and Distilleries ended flat at 203.00 rupees.

HNB closed 1.10 rupees higher at 158.10 rupees and Lanka Orix Leasing Company closed 50 cents higher at 72.50 rupees.

NDB closed 3.70 rupees lower at 182.20 rupees.

Dialog gained 10 cents to 9.30 rupees and Lion Brewery closed 5.00 rupees higher at 380.00 rupees.
www.lbo.lk

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

WRITTEN BY THARANGA SENARATNE

Jan 17, 2014 (LBT) - ASPI in red, erases some of the gains: The market was on a positive note only for a few minutes during the day as the buy side weakened amidst heavy gains last few days. Strong selling pressure emerged as profit taking took center stage. The market ended with a dip of 35 points with Ceylon Tobacco, John Keells Holdings and NDB Capital Holdings weighing negatively on the index.

Large crossing in JKH: John Keells Holdings recorded 3 crossings for the day accounting for 3.3mn shares changing hands at LKR238.0. The crossings contributed 48% to the day’s turnover. On-board trading was also heavy in the counter. However selling pressure saw the counter dip 0.9% to LKR238.0. A crossing each was registered in Lanka Orix Finance and Commercial Bank with the former witnessing 25mn shares at LKR3.2 and the latter witnessing 500k shares at LKR127.0.

Retail counters dominate Board: The Finance [Non-Voting] emerged in the top turnover list yet again but saw heavy selling pressure with profit taking following the sharp gains in the previous few days. The counter recorded 5.1mn shares for the day with it trading between LKR7.7 and LKR8.9 as it finally settled at LKR8.0 (-7.0%). Blue Diamonds also witnessed significant investor interest but its early gains were short lived as the counter closed flat at LKR3.7.

Retailers take profit: Retail interest during the day was high with The Finance [Non-Voting] at the top of the list. Blue Diamonds [Voting], [Non-Voting], Touchwood and Colombo Land were some of the other counters with retail interest but saw a downward trend in line with the market sentiment.
www.lbt.lk

3Sri Lanka stocks down 0.5-pct Empty LSL Market Review – 17th Jan 2014 Fri Jan 17, 2014 6:18 pm

sriranga

sriranga
Co-Admin

Market snapped six day winning streak on Friday to close with negative returns in both indices. ASPI closed at 6,131.05, dropped by 35.93 points or 0.58% while S&P SL 20 Index closed at 3,407.94, dropped by 19.11 points or 0.56%.

Daily market turnover was LKR 1.6bn. Off-the–board deals recorded in John Keells Holdings (~3.3mn shares at LKR 238.00), Commercial Bank (0.5mn shares at LKR 127.00) and Lanka Orix Finance (25mn shares at LKR 3.20) accounted for 60% of the total turnover. John Keells Holdings emerged as the top contributor to the market turnover with LKR 947mn followed by Commercial Bank (LKR 84mn) and Lanka Orix Finance (LKR 83mn).

Blue Diamond (voting & non-voting), Touchwood Investments and The Finance (voting & non-voting) were the heavily traded stocks during the day.

After three successive days of net foreign purchases, on Friday bourse witnessed net foreign outflow of LKR 80mn and recorded 60% foreign participation over the total market activity. Net outflow were seen in stocks such as Lanka Orix Finance (LKR 83mn) and John Keells Holdings (LKR 69mn).

Cash map closed at 42%.

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

kalum


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics



source: JBS

Sponsored content



Back to top  Message [Page 1 of 1]

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