daily trade journal - 14.03.2013
TRANSCRIPT
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7/29/2019 Daily Trade Journal - 14.03.2013
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p
p
Today's Turnover (LKR mn)
Annual Average Daily Turnover (LKR mn)
Volume (mn)
Annual Average Daily Volume (mn)
Market Capitalization (LKR bn)
Net Foreign Inflow / (Outflow) [LKR mn]
- Foreign Buying (LKR mn)
- Foreign Selling (LKR mn)
YTD Net Foreign Inflow / (Outflow) [LKR bn]
YTD Performance
S&P SL 20 Index
38.4
261.2
3.3
368.2
107.0
Thursday, March 14, 2013
863.7
% ChangePoint ChangeToday
25.4
609.2
0.06 %
0.18 %
2,186.6
ASPI
S&P SL 20 Index
+ 3.16
+ 5.79
5,688.98
3,241.03
ASPI 0.8%
5.0%
Level 23, East Tower, World Trade Centre,
Colombo 01
Tel: +94 11 727 7000,
Fax: +94 11 727 7099
Email: [email protected]
CSE Diary for 14.03.2013
Indices ended flat with marginal gains:The Colombo
Stocks endured yet another ranging day with
lackluster performances on benchmark index. The
index witnessed a range play of 20 basis points
throughout the day before closing at 5,688.98 with a
marginal gain of 3 points. The gains recorded in
Lanka Orix Leasing (+5.5%) and John Keells Holdings
(+0.6%) and the losses denoted in Nestle Lanka (-
1.4%) and Ceylon Tobacco (-0.6%) weighted heavily
on the consolidation of the benchmark index. S&P
SL20 index too concluded with a marginal gain of 5
points at 3,241.03.JKH and Banking counters spearhead the daily
turnover: John Keells Holdings attracted notable
investor interest during trading and closed at a 52-
week high of LKR.239.0 (0.8%). Furthermore the
counter spearheaded the daily turnover led by four
off-board parcels of 555k shares dealt at a price ofLKR238.0. Sampath Bank and National Development
Bank made noteworthy contributions to the daily
turnover where the former recorded two off-the-floor
deals of 270k shares which were transacted at
LKR235.0. The latter which attracted considerable
interest during the last few trading sessions reached a
52-week high and ended at LKR.158.5 (+1.3%) while
recording a single crossing of 128k shares at a price of
LKR.158.0.
ODEL attracted heavy investor participation:The retail
fashion chain, ODEL, attracted significant investor
participation during the day. Interestingly, the
counter recorded four on-board transactions of
2.0mn shares traded at a price of LKR23.0 during the
morning session. ODEL ended flat at LKR.23.0.
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7/29/2019 Daily Trade Journal - 14.03.2013
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Statistical Look Up
Treasury Bill (%) 15.03.2013
9.16
10.15
11.19
14.00
Inflation (%) Feb-13 9.8
8.6
All Share Price Index p
S&P SL20 Index p
Turnover (LKR mn)
Turnover (USD mn)Volume (mn shares)
Traded Entities
Market Capitalization (LKR bn)
Foreign Purchases (LKR mn)
Foreign Sales (LKR mn)
Net Foreign Inflow (LKR mn)
Market PER (X)
Market PBV (X)
Market Dividend Yield
SECTOR INDICES
Banks, Finance & Insurance p
Beverage, Food & Tobacco q
Construction & Engineering p
Diversified p
Healthcare q
Hotels & Travels p
Land & Property p
Manufacturing q
Plantation p
Telecom q
-0.76%
2.1
136.3
2,176.3
12,885.0
% Change
0.06%2.1
305.75%
15.4
-0.96%
0.58%
-0.51%
-0.04%
% WoW
ChangeLast Week
0.18%
-84.08%
-21.50%
-88.00%
2,312.6
2,185.3
18.0
-76.05%
-76.05%
% WoW
ChangeLast Week
2,543.6
20.1
1.71%
-0.58%
0.06%
Today
261.2
2.1
107.0
15.4
5,689.0
0.18%
2,186.6
2.3
368.2
36.29%
36.29%41.36%
-1.75%
4.825.4
225
3,241.0
447.0
3.5
229
609.2
0.06%
89.68%
-17.52%
Week ending
0.49%
-45.02%
-1.32%
0.18%
0.64%
0.16%
228
2,182.7
5,680.0
3,220.4
46.2
0.18%
0.00%
194.1
129.7
64.4
Change %
5,685.8
3,235.2
2.3
0.06% 15.4
Pre Day
12,728.5
16,198.9
1,859.4
3,303.6
463.8
0.70%
2,716.5
1,855.4
0.48%
-0.71%
1.06%
0.36%
2,701.3
16,177.5
464.7
166.9 168.4-0.12%166.7
2.3
2,558.8
16,083.6
2,729.9
1,866.1
12,946.5
Pre Day
0.00%
3 months
6 months
12 months
YoY Change
Annual Avg
AWPLR
Excess Liquidity (LKR 'bn) as at 14.03.2013
Today
-22.26
601.9 612.9 -1.79% 585.9 2.73%
775.9 775.6 0.04% 784.4 -1.08%
2,578.5
3,343.9
0.16%
3,326.8
464.5
-0.73%2,577.6
5500
5600
5700
5800
5900
Index
ASPI
3140
3160
3180
3200
3220
3240
3260
3280
3300
Index
S&P SL20
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
0
500
1,000
1,500
2,000
2,500
3,000
Volume('mn)
TurnoverLKR('mn)
Turnover Volume
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7/29/2019 Daily Trade Journal - 14.03.2013
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High Index Calibre USD350 Mn
Price Gainers Price Losers
Top 05 Performers for the Day
JKH
SAMPATH
ODEL PLC
NAT. DEV. BANK
LOLC
Most Active
Close
238.60
805.00
237.00
825.00
154.30
118.30
708.40
9.00
Volume (mn)
0.7%
Turnover
(LKR)
2.1%
169,045,559
41,189,816
34,944,423
106,183,240
46,050,269
1.31
0.45
0.60
1.2% 25,182,001
14,265,334
4.9%
23.00
158.00
58.00
ODEL PLC 23.00
FREE LANKA 2.50
% Change
CITRUS LEISURE
COMM LEASE & FIN 4.50
2.00
3.72
2.35
4.40
0.00%234.00
2.00
0.260.96%
1.12
0.00%
4.17%
0.00%
1.9%
1.6%
0.3%
Contribution to
Total T/O
5,026,504
5.45%
19.10
5,874,457
46,050,269
70.78
TALAWAKELLE
C.W.MACKIE
Pre Day
0.63%237.10 7.7%0.71
Volume (mn)% Change
9.13%
+ 4.50 12.82%
238.60
CompanyContribution to
Total T/O
120.00
2.1%
0.2%
Turnover
(LKR)
150.00
4.92
0.36
110.00
55.00
150.00
41.80
106,183.24
70.00
234.00
153.00
42.00
707.50
68.50
4.10
2.30
TodayCompany
150.00
MALWATTE [X]
63.10
840.52
0.000.21
15.06
1,578.93
621.20
276.61
Today
9.01%
Turnover
USD ('000)
235.5021.21%
Intraday
Low (LKR)
Turnover
LKR ('000)
1,826.22
34,944.42
14.46
12.50
805.00
169,045.56
Intraday
High (LKR)
239.00
0.15
117.70
233.20
118.00
170.00
42.80
8.90
% Change
JOHN KEELLS HOLDINGS 710,511
SAMPATH BANK
ASIAN HOTELS & PROPERTIES 3
1.5%
2,524491
8,953
9.3%
6.9%CEYLON TOBACCO
CARSON CUMBERBATCHNESTLE LANKA
SRI LANKA TELECOM
COMMERCIAL BANK [V]
4.0%
3.3%BUKIT DARAH
DIALOG AXIATA
HNB [V]
DFCC BANK
CARGILLS
7.27
1,620.00
111.00
18.69
3.01
LOLC
AITKEN SPENCE 119.00
2.3% 7.06
380.30
156.90
1,110.56800.24
8.796.33
440.00
725.00
9.10
1,620.80
110.40
443.501,640.00
1,902.23
892.22
3.9%
2.2%
1.3%
2,229
69,020
12,380
158
4.0%
174.00
58.50
3.4%
170.30
58.00
440.00
3.5%
234.00
0.00%
1.7%
2.2%
Change
- 27.50
- 6.30
- 0.40
- 0.20
% Change
235.00
156.50
55.00
23.00
CEYLON LEATHER [W 0013]
+ 2.20
ASIRI CENTRAL
70.00
119.80
Volume
1,338.12
0.00%
2.27%
16,572
8,941.10
45.75
1,141 918.68
1.4%
Change
2,197.00
Company% of
Mkt Cap
19.10
Today Pre Day
4.00
2.40
23.00
+ 384.50
DISTILLERIES
75,662
451,873
PC HOUSE 4.00
Company
5,210
603,585
305
ROYAL PALMS
KALAMAZOO
Company Today
1.5%
HARISCHANDRA
S M B LEASING [X] 0.40 + 0.10 33.33% ENVI. RESOURCES [W 0006] 2.10 - 0.40 -16.00%
-8.00%
-8.89%
-10.46%
-9.08%
2,410.80
26.30
39.60
+ 199.30
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7/29/2019 Daily Trade Journal - 14.03.2013
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Currency Board Announcements
Local - Indicative Rate against LKR Dividends
Dollar Ceylinco Insurance PLC
Yuan Talawakelle Tea Estates PLC
Euro 0
Rupee 0
Yen 0
Ringgit 0
Rouble 0
Riyal 0
Dollar Rights Issues / Scrip Dividend / Sub division / Capitalization
Franc Company
Baht No Announcements
Pound 0
Dollar 0Source: www.cbsl.gov.lk
Global Markets
p
p
p
p
p
p
* Time is as at ET Source: www.bloomberg.com
Commodit Markets
Crude Oil (Brent) p
Crude Oil (WTI) q
ICE Cotton #2 p
CBOT Wheat p
COMEX Gold q
COMEX Silver q
COMEX Copper p
* Time is as at ET Source: www.bloomberg.com
00-Jan-00
19-04-2013
02-05-2013
1/0/1900
00-Jan-00
Description
0.00
0.00
0 1/0/1900
0
XR Date
00-Jan-00
00-Jan-00
00-Jan-0000-Jan-00
Renunciation
00-Jan-00
0.00
Time*
USd/bu.
89.05
Price
109.00
92.31
USD/bbl.
101.23
AGRICULTURE
Hong Kong Hang Seng Index
Nikkei 225
ASIA
FTSE 100 Index
EU
188.81
12.50
2.50 23-04-2013
10-04-2013
126.33
0.0033.69
Malaysia
4.10
130.97
20.32
2.33
1.32
40.62
India
Currency
163.78
Indicative Rate
14.03.2013
China
0
Payment DateDPS (LKR) XD Date
6,497.2
Singapore
Switzerland
Thailand
UK
0.20
62.5
0
2,725.4
132.72
1/0/1900
1/0/1900
4.26
USA
02:28
16.8
1/0/1900
Change
0.75%
141.5
04:01
0
00-Jan-00
1/0/1900
1/0/1900
07:08
07:08
0.24%
07:08
Company
07:06
07:03
07:08
0-Jan
0-Jan
07:04
07:03
Time*
07:08
0.07%
Change %
0.21%
-0.79%
0.44%
-0.28%
1.16%
0.28%
-0.36%
2.0
Change
0.50%0.44
0
-0.09
Change %
352.80
USD/t oz.
USD/t oz. -0.19
711.50
0.70
28.75
Index
Dow Jones Industrial Average
S&P 500 Index
EUROPE
EURO STOXX 50 Price EUR
12,381.2
Value
14,455.3
1,554.5
USD/bbl.
USd/lb.
USd/lb.
AMERICA
1.50
METALS
ENERGY
Commodity
22,619.2
Units
0
18.6
Proportion
00-Jan-00
00-Jan-00
0.00
0.00
0.04%
0.13%
5.2
Russia
Saudi Arabia
Japan
1,583.30 -4.40
Australia
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Softlogic Equity Research Page | 5
CSE Announcements
PC House [PCH: LKR4.0]: The Board of Directors at its Board Meetingheld on the 13th March 2013 decided to offer shares by way of a Rights Issue to
the existing Shareholders of PCH, as per the details set out below. Purpose of
the proceeds is to meet the working capital requirements.
Kegalle Plantations [KGAL:LKR110.0]: RPC Plantation Management Services Private Limited increased theirstake in KGAL to 71.77% via purchasing 10,000 shares at a consideration of LKR1,112,320.
Local News
Sri Lanka faces growth and external pressures: Moodys: Moodys Investors Service said that Sri Lankaseconomy faces slower growth and elevated external pressure in the year ahead. Although the Government
will likely continue to make gradual progress in reducing its deficit, the debt burden will remain high. The
absence of a new funding program is credit negative from the perspectives of external payments and
growth, the rating agency said. Moodys views were contained in a just-released report, titled Sri Lanka
The Post-IMF Backdrop: Downward Growth Pressures and Elevated External Pressures. The special comment
examines the credit implications of Sri Lankas (B1/Positive) decision on 12 February to not seek a new
funding program from the IMF, following the successful completion of a USD2.6 bn Stand-by Arrangement in
2012. The B1 rating on Sri Lanka takes into account the notable progress that the country has made over the
last three years, since the civil war ended in May 2009. However, given the challenging macroeconomicbackdrop, the reports conclusion is that a follow-up funding program would have augmented international
reserves directly through borrowed IMF resources. Through enhanced policy certainty under an IMF funding
program, investor confidence would likely have been bolstered. And in doing so, it would have provided
additional support to the balance of payments and economic growth prospects.
[Source: www.ft.lk]
Sri Lanka court order arrest of Vietnam flagged tanker: Vinalines Glory, a Vietnam flagged oil productstanker had been ordered to be arrested by a court in Sri Lanka in a dispute over a cargo of contaminated
diesel which was refused by the importer. The vessel carried a cargo of 26,000 metric tonnes of petrol and
5,000 tonnes of diesel for Lanka IOC [LIOC: LKR20.6], a unit Indian Oil Corporation which has a petroleum
distribution operation in Sri Lanka. A part of petrol consignment was discharged in Colombo and the balance
at the Eastern port of Trincomalee. The diesel which was found to be off specification in colour was denied
permission for unloading following tests by a common user facility operator. The cargo had to be returned to
the supplier in Singapore, who had said the diesel was according to specifications when it was loaded. A
Lanka IOC official said they had sought a court order to recover freight and other costs from the ship.
[Source: www.lbo.lk]
January tourist arrivals up 13.4%: Sri Lankas tourist arrivals rose 13.4% year on-year (YoY) to 97,411 inJanuary, the unusually delayed data issued by the Sri Lanka Tourism Development Authority showed. Arrivals
from Western Europe rose 13.7% YoY to 41,484 visitors, with tourists from Germany and the UK accounting
for nearly 17,000. Tourists from Eastern European countries including Russia and Ukraine rose 18.2% YoY to
8,083, while the number of Middle Eastern tourists who arrived in Sri Lanka in January rose to 4,077 from
3,950 in the same month of 2012. Arrivals from East Asia, which includes China rose 7.6% YoY to 10,039
visitors, while visitors from neighbouring India rose 7% YoY to 15,631. Arrivals hit a record high of over one
Number of shares Proportion Price ConsiderationCurrent Stated
Capital (LKR)
114,466,667 1 for 2 LKR10.0 343,400,001 801,266,674
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Softlogic Equity Research Page | 6
million last year with annual revenue from tourism also jumping to an all-time peak of USD1.04 bn,
exceeding government estimates.
[Source: www.dailymirror.lk]
Lanka-Iraq JEC advanced to July: As trade between Sri Lanka and Iraq reported a huge tenfold rise, bothbilateral trade partners are advancing the next joint sessions to as early as July 2013. I am pleased to inform
you that we have had several successful outcomes from my recent official visit to Iraq. The eighth JointEconomic Commission between Sri Lanka and Iraq is now scheduled to take place in the first week of July
2013 in Baghdad, announced Rishad Bathiudeen, Minister of Industry and Commerce while addressing a
special session held at the EDB premises to brief exporters on the outcome of his visit to Baghdad on 25-26
February. Surging Iraq is billed to be a very promising marketas it is now projected to become the second
largest global oil supplier by 2020 by the international oil industry. According to the Department of
Commerce of Sri Lanka, Sri Lankas trade with Iraq has been increasing over the past several years. The value
of total trade between the two countries, which stood at USD8.72 mn in 2003, has increased tenfold to
USD87.28 mn in 2012.
[Source: www.lbo.lk]
Global News
Indian Inflation Unexpectedly Quickens in Dent to Rate-Cut Case: Indias inflation unexpectedly acceleratedin February from a three-year low, limiting scope for the central bank to cut interest rates as the authority
prepares to review monetary policy next week.Todays data adds to signs of persistent price pressures in
Asias No. 3 economy, after a separate report this week showed consumer -price gains accelerated to a
record 10.9% last month. Inflation and risks from the current-account deficit may limit Reserve Bank of India
Governor Duvvuri Subbarao to a quarter-point reduction in the benchmark rates next week, according to a
Bloomberg News survey.
[Source: www.bloomberg.com]
US retail sales beat forecasts: US consumers shrugged off higher taxes to boost retail spending by 1.1% inFebruary from the month before. It was the biggest rise in five months. About half the increase was due to
higher petrol prices, but consumers also increased spending on a range of other goods, from cars to clothing
to homeware and furniture. The government figures surprised economists, who thought payroll tax
increases - which went into effect in January - would hurt spending. A separate government release showed
that businesses are also optimistic, with inventories increasing by 1% in January. Growing inventories
indicate that businesses expect demand to pick up in the future, and sluggish inventory growth was one of
the contributors to tepid economic growth in the last quarter.
[Source: www.bbc.co.uk]
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Softlogic Equity Research Page | 7
Softlogic Equity ResearchDimantha Mathew
+94 11 7277030
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+94 11 7277031
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+94 31 2224714-5, +94 77 3569827
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+94 37 2232875, +94 77 3615790
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