daily trade journal - 17.09.2013

7/29/2019 Daily Trade Journal - 17.09.2013

1/6

q

q

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]

Tuesday, September 17, 2013

865.6

% ChangePoint ChangeToday

27.9

913.0

-0.43 %

-0.58 %

2,349.9

- 24.86

- 18.34

5,705.26

3,161.90

ASPI

YTD Performance

S&P SL 20 Index

ASPI

S&P SL 20 Index

1.1%

2.5%

35.3

-671.7

18.5

23.5

695.2

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 17.09.2013

Indices volatile:Indices denoted a volatile trend as

the benchmark index stagnated during mid-day

before adopting a downtrend to close at 5,705.26

(-24 points). Losses in Carson Cumberbatch (-5.3%),

Cargills (-7.2%) and Ceylon Tobacco Company (-

5.2%) outweighed the gains made in John Keells

Holdings (+0.4%) and Dialog Axiata (+1.3%). TheS&P SL20 index took a similar downtrend to close

with a dip of 18 points.

JKH added 76% to turnover: John Keells Holdings

continued to spearhead the bourse adding 76% to

the days turnover supported by two large crossings

which were transacted during the final trading

hour. The two crossings carried 3.2 mn shares at

LKR210.5 while on-board activity depicted some

buying interest with its price touching LKR212.0 at its

intra-day high. Renewed interest was noted inAlliance Finance as the counter added an off-

board block of 32.4k shares at LKR836.0.

Diversified sector gathered interest: Diversified

sector contributed 79% to the days revenue largely

backed by John Keells Holdings. However Richard

Peiris and Company and Softlogic Holdings also

gathered some interest as they traded in the top

turnover slot. Both counters dipped 3.3% and 2.4%

respectively at their close. Orient Garments

continued to be actively traded and recorded a

few large on-board blocks at LKR5.5 and LKR5.6.Diesel and Motor Engineering entered the top

turnover slot backed by some renewed buying

interest however on low volume.

Retailers on the sidelines: Amidst the bourse being

dominated by large trades, retailers remained on

sidelines. Some interest surrounded Orient

Garments, HVA Foods and Touchwood Investments.

Indices on a volatile path

amidst prominent activity

in JKH


2/6

Statistical Look Up

Treasury Bill (%) 20.09.2013

8.61

9.64

10.57

11.74

Inflation (%) Aug-13 6.3

8.0

All Share Price Index q

S&P SL20 Index q

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 q

Beverage, Food & Tobacco q

Construction & Engineering q

Diversified q

Healthcare q

Hotels & Travels q

Land & Property p

Manufacturing q

Plantation p

Telecom p -2.02%

1.93%

0.16%

0.98%

% WoW

ChangeLast Week

0.67%

-73.03%

85.98%

134.21%

87.0

2,360.1

24.1

44.98%

44.98%

% WoW

ChangeLast Week

629.7

4.8

-0.35%

1.27%

-0.43%

2.7

23.5

913.0

2,349.9

2.2

16.3

27.9

218

-671.7

2.2

695.2

16.2

2.7

12,420.2

% Change

-0.44%

871.82%

-92.81%

75.76%

326.4

2,664.4

1,672.1

-0.23%

-0.84%

33.58%

33.58%15.72%

-6.44%

0.59%

2.2

373.8

-286.8

632.1

-0.75%

Week ending

-0.05%

395.5

-69.1

Change %

5,730.1

3,180.2

-0.43%

Pre Day

-0.58%

683.5

5.2

233

0.00%

6.9

-0.43%

5,705.3

3,161.9

-0.66%

0.09%

-4.39%

0.67%

0.36%

0.67%

228

2,334.2

5,667.3

3,150.7

27.9

0.67%

-3.57%2.8

16.1

2,648.1

19,062.6

509.7

150.6 154.60.60%

19,468.3

1,717.3

3,124.2

151.5

2,759.7

19,305.3

2,646.8

1,704.4

12,391.0

Pre Day

654.8 657.3

Today

-0.37%

12,434.6

3 months

6 months

12 months

YoY Change

Annual Avg

AWPLR

Excess Liquidity (LKR 'bn) as at 16.09.2013

Today

-15.69

3.59%

676.7 676.0 0.10% 671.2 0.82%

2,743.5

3,110.7

0.10%

3,115.8

514.7

-0.64%2,777.3

514.2

-0.27%

5200

5400

5600

5800

6000

6200

6400

Index

ASPI

2900

3000

3100

3200

3300

3400

3500

3600

Index

S&P SL20

0.0

20.0

40.0

60.0

80.0

100.0

0

200

400

600

800

1,000

1,200

1,400

Volume('mn)

TurnoverLKR('mn)

Turnover Volume

Softlogic Equity Research Page | 2.


3/6

High Index Calibre USD350 Mn

Price Gainers Price Losers

Top 05 Performers for the Day

JKH

ORIENT GARMENTS

ALLIANCE

DIMO

RICHARD PIERIS

Most Active

1,085.00

150.00

113.50

661.50

8.10

1.2%

150.00

38.50

68.90

145.50

661.50

65.00

163.00

35.34

0.73

226.09

Close

211.80

1,079.20

210.20

15,456,771

53,732,701

27,123,216

1.86

9.58

1.86

0.5% 11,092,232

53,732,701

2.3%

1.88

9.58

3.27

0.7%

0.5%

29.3%

Contribution to

Total T/O

689,430,697

3,258,8730.1%

Volume (mn)

2.3%

Turnover

(LKR)

3,253,163

11,092,232

210.90

1.70

% Change

1.30PANASIAN POWER 0.1%

JKH

6.10

880.00

-3.28%

ORIENT GARMENTS

TOUCHWOOD

0.11%

-6.25%

0.43%

0.00%

-3.28%

6.10

Pre Day

6.40

2.50 0.00%

RICHARD PIERIS

Company

2.03%

2.50

Turnover

USD ('000)

Intraday

Low

(LKR)

Turnover

LKR ('000)

2,476.66 18.73

1,058.00

689,430.70

Intraday

High (LKR)

212.00

370.00 379.00

3.0%

HNB [V]

2,000.10

112.90112.00

Company

% of

Mkt

Cap

1,125.57

40.00

131

8,199

JOHN KEELLS HOLDINGS 3,274,997

666.00

8.10DIALOG AXIATA

8.51

3.2%2,015.00

2.9%

8.00

38.50

7.7%

LOLC

AITKEN SPENCE 113.50

2.3% 13.77

319.99

150.00

83.35262.28

0.631.98

3.8%

2.0%

1.0%

1,701

16,221

1,063 1.20159.112.0%

0.99

330

181.00

51.00

0.42

2,000.00

113.00

37.29

2.42

9

5,804

0.46

0.28

118.204,673.10

95.99

150.306.98

51.00

1.71

180.00

51.00

180.001,821.07

118.00174.00 175.00

118.00

Today % Change

175.50

126.70

Company

-11.11%

65.50

0.43%210.90 29.3%3.27

Volume (mn)% Change

7.69%

Change % Change Change

689,430,697

Turnover

(LKR)

8.00%

16.67% PC HOUSE 0.80

Contribution to

Total T/OToday

7.56% LANKEM CEYLON

+ 0.10

GESTETNER14.80

- 0.10

- 13.30

136.00

18.50ASIA CAPITAL

0.80CENTRAL INVESTMENTS & FI

- 17.00

- 0.10

- 2.20

Pre Day

-6.25%6.40

0.03

0.03463.00

923.21

51 55.18

Volume

5,214.20

22,011

130.84

0.00

390.00221

10,117

113.00

8.6%CEYLON TOBACCO

CARSON CUMBERBATCHNESTLE LANKA

SRI LANKA TELECOM

COMMERCIAL BANK [V]

BUKIT DARAH

DISTILLERIES

4.6%

2.8%

FINLAYS COLOMBO

FORTRESS RESORTS

Company Today

1.4%

CONVENIENCE FOOD

S M B LEASING 0.70

AMANA TAKAFUL

+ 20.00270.00

+ 13.70

+ 0.10

+ 1.20

SAMPATH BANK

ASIAN HOTELS & PROPERTIES

1.3%

1.2%

1.2%

1,462

1,91626,712

DFCC BANK

CARGILLS

Company

8.82%

Today

-9.50%

-10.63%

-11.11%

-11.11%

194.90

1.40

211.80

6.00

897.90

463.50

5.90

6.00

211.80

1.70

5.90



4/6

Currency Board CSE Announcements

Local - Indicative Rate against LKR Dividends

Company

No Announcements

Dollar 0

Yuan 0

Euro 0

Rupee 0

Yen Rights Issues / Scrip Dividend / Sub division / Capitalization

Pound Company

Dollar Abans Electricals PLC

Source: www.cbsl.gov.lk 00

New Listing

Company

Key Corporate Diclosures

Material Dealings by Related Parties of Listed Companies

Company

Global Markets

p

q

q

q

* Time is as at ET Source: www.bloomberg.com

Commodity Markets

Crude Oil (WTI) q

ICE Cotton #2 p

CBOT Wheat p

COMEX Gold q

COMEX Copper q

* Time is as at ET Source: www.bloomberg.com

Time*

6,602.8

USd/bu.

84.35

Price

106.04

2,886.0

02:28

-20.0

Change

-0.08%

Change %

0.70%

-0.52%

-0.65%

00-Jan-00

00-Jan-00

Renunciation

00-Jan-00

0.00 1/0/1900

25-09-2013

1/0/1900

Capitalization132.22 24-09-201301 for 05

1/0/1900

0 -

-No new listing 1/0/1900

1/0/1900 1/0/1900 1/0/1900

0

Type of Security Code

1/0/1900 1/0/1900

Board Offer Price

UK

1/0/1900

Description

0.00

210.21

EU

0.00 0123.01

0

XR Date

XD Date

00.00 1/0/1900

Japan

Australia

China

-0.06%

05:59

06:00

0.42%

06:20

05:59

-0.55

-0.25

USD/bbl.

Change

0.77%

Change %

No Announcements

06:01

16:34

06:15

06:16

Time*

-0.30%

-0.30%

-93.0

0

0 0 0 0 0.00

Name Date

NO MATERIAL DEALINGS

Relationship

Index

Dow Jones Industrial Average

EUROPE

EURO STOXX 50 Price EUR

Value

15,494.8

0

Transaction Quantity

0

Price (LKR)

0 0 0 0.00

USd/lb.

USd/lb.

AMERICA

4.50

METALS1,317.00 -0.80

-8.6

0.35

321.95

USD/t oz.

645.75

ENERGY

Commodity Units

118.7

AGRICULTURE

Nikkei 225

ASIA

FTSE 100 Index

14,311.7

0

1/0/1900

21.60

2.10

1.33

India

Currency

176.30

Indicative Rate

17.09.2013

00

Proportion

00-Jan-000.00

USA

0.00%

DPS (LKR) Payment Date



5/6

TOP STORIES

Local

Global

Libyan output to rise to 400,000-450,000 bpd - deputy oilmin

Libyan oil output is expected to rise to 400,000-450,000 barrels per day as one of the biggest western oilfields El Sharara

ramps up production after workers resumed pumping on Monday, deputy oil minister Omar Shakmak said on

Tuesday."Before Sharara (resumed production) it was around 230,000 bpd, now we're expecting 400,000-450,000 bpd,"

Shakmak said on the sidelines of an investment conference in London.On Monday, a senior Libyan oil official said Shararawould reach full output by Friday.

[Source: www.lbo.lk]

[Source: www.ft.lk]

[Source: www.dailymirror.lk]

[Source: www.lbo.lk]

[Source: www.bloomberg.com]

[Source: www.reuters.com]

Sri Lanka holds policy rates, says lending rates easing

Sri Lanka's central bank kept its policy rate band at 7.0 and 9.0 percent saying lower pressure from the state budget deficit

is expected to bring down lending rates further."Continued fiscal consolidation efforts by the government and greater

financial discipline of public corporations are expected to reduce the public sector's reliance on banks, thereby passing the

benefit of monetary easing to the private sector," the Central Bank said in its September monetary policy statement.

Foreign holding of Govt. securities hit 5-month low

Foreign holdings in Government securities hit a more than five-month low after falling in the three straight weeks ended 11

September, according to Reuters.It said the holding edged down 0.6% to Rs. 479.59 billion ($ 3.63 billion), the lowest since 3

April, according to the latest Central Bank data.However, Central Bank Governor Ajith Nivard Cabraal early this month said

foreign holdings in Government securities are still well above the threshold of 12.5% of the total outstanding T-bills and T-

bonds

CIFL depositors reject restructuring

None of the depositors of the beleaguered finance company, Central Investment and Finance Company PLC (CIFL), who met

at New Town Hall yesterday, endorsed the Central Bank (CB)-approved restructuring plan, according to the Depositors

Association. Nobody agreed to convert 60 percent of their deposits to shares because we feel it was way too high, he said

on condition of anonymity.According to him, the depositors have been presented with a document which has no details

about the price at which the shares will be converted.

Sri Lanka's BOI launches online investment portal

Sri Lanka has launched Board of Investment launched an online portal for investors to submit applications making it even

easier, investment promotions minister Lakshman Abeywardene said."This makes it very easy for investors to submit

applications," he told reporters. "They can also pay the relevant fees." An investor can create a login for himself choose a

sector and fill out the application at http://www.investsrilanka.com/application/user/login.

U.K. Inflation Slows to 2.7% on Transport, Clothing Prices

U.K. inflation slowed in August as transport costs and prices for new autumn clothing ranges rose less than a year earlier.Consumer prices increased 2.7 percent from a year earlier, the least in three months, compared with 2.8 percent in July, the

Office for National Statistics said in London today. Core inflation, which excludes volatile food and energy costs, remained

at 2 percent. The largest downward contribution to the annual inflation rate in August came from motor fuels and air

transport, as well as clothing.



6/6

Softlogic Equity Research

Dimantha Mathew

[email protected]

+94 11 7277030

Kavindu Ranasinghe

[email protected]

+94 11 7277031

Imalka Hettiarachchi

[email protected]

+94 11 7277032

Branches

Softlogic Equity Sales HoranaMadushanka Rathnayaka

Dihan Dedigama No. 212, 1st

Floor, Panadura Road, Horana

[email protected] [email protected]

+94 11 7277010, +94 77 7689933 +94 34 7451000, +94 77 3566465

Eardley Kern Negombo

[email protected] Williams

+94 11 7277053, +94 77 7348018 No. 121, St. Joseph Street Negombo

[email protected]

Chandima Kariyawasam +94 31 2224714-5, +94 77 3569827

[email protected]

+94 11 7277058, +94 77 7885778 Kurunegala

Bandula Lansakara

Sonali Abayasekera No.13, Rajapihilla Mawatha, Kurunegala

[email protected] [email protected]

+94 11 7277051, +94 77 7736059 +94 37 2232875, +94 77 3615790

Thanuja De Silva [email protected] No.8A, 2

ndFloor, FN Building, Station Road, Matara

+94 11 7277059, +94 77 3120018 +94 41 7451000

The report has been prepared by Softlogic Stockbrokers (Pvt) Ltd. The information and opinions contained herein has been compiled or arrived at based upon information obtained from sources

believed to be reliable and in good faith. Such information has not been independently verified and no guaranty, representation or warranty, express or implied is made as to its accuracy,

completeness or correctness. All such information and opinions are subject to change without notice. This document is for information purposes only, descriptions of any company or companies or

their securities mentioned herein are not intended to be complete and this document is not, and should not be construed as, an offer, or solicitation of an offer, to buy or sell any securities or other

financial instruments.

Softlogic Stockbrokers (Pvt) Ltd may, to the extent permissible by applicable law or regulation, use the above material, conclusions, research or analysis in which they are based before the

materialized disseminated to their customeLKRNot all customers will receive the material at the same time. Softlogic Stockbrokers, their respective directors, officers, representatives, employees,

related persons and/or Softlogic Stockbrokers, may have a long or short position in any of the securities or other financial instruments mentioned or issuers described herein at any time and may

make a purchase and/or sale, or offer to make a purchase and/or sale of any such securities or other financial instruments from time to time in the open market or otherwise, in each case either as

principal or agent. Softlogic Stockbrokers may make markets in securities or other financial instruments described in this publication, in securities of issuers described here in or in securities

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daily trade journal - 17.09.2013

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