-

Sch890111149

Index 17th Mar 14th Mar Change % Change

ASPI 5,914.11 5,896.23 17.88 0.30%

S&P SL20 3,213.42 3,207.11 6.31 0.20%

17th Mar 14th Mar

91,187,777 251,769,366

84,771,226 151,596,868

79,884,608 131,313,627

6,416,551 100,172,498

11,303,169 120,455,739

4,610,817 15,411,976

15.75 15.70

1.93 1.93

PER

PBV

Market Statistics

Domestic Purchases

Domestic Sales

Foreign Purchases

Foreign Sales

Volume of Turnover (No.)

Value of Turnover(Rs.)

5,944.57 5,933.52 5,913.94 5,896.23 5,914.11

3,240.12 3,236.29 3,222.13 3,207.11 3,213.42

0

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3,000

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6,000

7,000

11th Mar 12th Mar 13th Mar 14th Mar 17th Mar

ASPI S&P SL20

0

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10

15

20

25

30

0

100

200

300

400

500

600

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11th Mar 12th Mar 13th Mar 14th Mar 17th Mar

Turnover Foreign Purchases Volume

Rs.Mn Volume Mn

Investors hit a ‘pause’ ahead of the uncertainty within

the local and global environments, whilst resulting in

weak turnovers and volumes…

The bourse managed to close the first trading day of the

week with a modest gain, despite the poor turnovers and

volumes been logged within the day mainly due to the

‘wait and see’ approach by the investors, ahead of a

likely resolution against Sri Lanka coupled with the global

market volatilities caused due to the tensions over the

western nations & Russia (over the Ukraine crisis) and a

further possible reduction in its monthly bond purchases

at the 2 day policy meeting of the US Federal reserve,

ending Wednesday. The turnover for the day amounted

to record LKR 91.19Mn, the lowest recorded so far for

the year 2014 and the daily traded quantity was below

5.0Mn shares. The benchmark ASPI close at 5,914.11

gaining 17.88 points and the S&P SL 20 too closed within

the green space at 3,213.42 charting a gain of 6.31 points

or 0.20%. As at the day’ end, the total market

capitalization amounted to LKR 2.47Tn, with a year to

date gain to 0.44%. The market PER and PBV were 15.75x

and 1.93x respectively.

Colombo Land & Development Company PLC (CLND)

climbed up to the top position under the turnover list

providing LKR 8.90Mn, while accounting to almost 10% of

the daily aggregated turnover. Having traded between a

highest traded price of LKR 35.0/- and a low of LKR

34.10/-, CLND settled the day at its highest price reached,

with no change to its share price. Bairaha Farms PLC

(BFL) provided LKR 6.50Mn to the daily turnover while

securing the second place, having witnessed substantial

retailer interest within the day’s trading, where 68 trades

resulted in a quantity of 46K shares been dealt at prices

ranging from LKR 139.20/- and LKR 143.80/-. BFL closed

the day at LKR 142.0/- (up by LKR 0.40/- or 0.28%).

Company Name Price Issued Qty Mkt Capitalization As a % (Total)

JOHN KEELLS HOLDINGS PLC 218.10 990,240,618 215,971,478,786 9.27

CEYLON TOBACCO COMPANY PLC 1,120.00 187,323,751 209,802,601,120 9.00

NESTLE LANKA PLC 1,990.50 53,725,463 106,940,534,102 4.59

COMMERCIAL BANK OF CEYLON PLC 114.50 794,872,291 91,012,877,320 3.91

SRI LANKA TELECOM PLC 44.00 1,804,860,000 79,413,840,000 3.41

DIALOG AXIATA PLC 9.00 8,143,778,405 73,294,005,645 3.15

CARSON CUMBERBATCH PLC 350.00 196,386,914 68,735,419,900 2.95

DISTILLERIES COMPANY OF SRI LANKA PLC 199.50 300,000,000 59,850,000,000 2.57

THE BUKIT DARAH PLC 551.10 102,000,000 56,212,200,000 2.41

HATTON NATIONAL BANK PLC 152.50 319,681,167 48,751,377,968 2.09

Market Capitalisation

Highest Volume Highest Turnover

Company Name Share Turnover (Rs) Company Name Trade Share Turnover (Rs)

Vol. Vol. Vol.

COLOMBO LAND & DEVELOPMENT COMPANY PLC 261,001 8,901,989.50 COLOMBO LAND & DEVELOPMENT COMPANY PLC 29 261,001 8,901,989.50

SWARNAMAHAL FINANCIAL SERVICES PLC 232,598 488,455.80 BAIRAHA FARMS PLC 68 45,764 6,496,512.90

ASIRI HOSPITAL HOLDINGS PLC 232,297 4,413,663.00 ACCESS ENGINEERING PLC 11 211,105 4,644,310.00

AMANA TAKAFUL PLC 222,173 308,934.90 ASIRI HOSPITAL HOLDINGS PLC 44 232,297 4,413,663.00

ACCESS ENGINEERING PLC 211,105 4,644,310.00 NATIONAL DEVELOPMENT BANK PLC 28 17,567 3,162,059.20

VALLIBEL POWER ERATHNA PLC 200,097 1,100,583.50 LANKA IOC PLC 31 62,325 2,375,228.40

TAPROBANE HOLDINGS PLC 175,341 441,421.80 THE BUKIT DARAH PLC 8 4,009 2,204,996.90

MULLER AND PHIPPS (CEYLON) PLC 139,903 167,883.90 CEYLON GRAIN ELEVATORS PLC 80 55,732 2,073,374.10

SMB LEASING PLC (X) 138,609 55,464.00 CEYLINCO INSURANCE PLC (X) 8 4,059 1,797,609.00

ASIRI SURGICAL HOSPITAL PLC 123,800 1,715,559.20 COMMERCIAL BANK OF CEYLON PLC 19 15,616 1,786,711.90

Access Engineering PLC added LKR 4.6Mn to the daily turnover and closed the day at LKR 22/- dropping by LKR 0.10/- or

0.45%. Further on, the top three contributors for the day CLND, BFL & AEL contributed close to 25.0% of the daily

aggregated turnover. Under the sectorial summary, Bank Finance & Insurance (BFI) sector provided LKR 24.15Mn

dominating the list while accounting to 26.48% of the total turnover and Beverage Food & Tobacco added LKR 11.56Mn

to this. The daily traded volume amounted to 4.61Mn shares, indicating a drop of 70.08% against the previous trading

day. The main contributors to the volume were Colombo Land & Development Company PLC, Swarnamahal Financial

Services PLC & Asiri Hospital Holdings PLC with 261K, 233K & 232K shares respectively being traded.

With regard to share price movement, 76 companies lost while 60 companies gained; George Steuart Finance PLC

(12.27%) headed the gainers, on the contrary, Ceylon Leather Products PLC W13 (-20.00%) led the price losers. Foreign

participants appeared to be bearish for the 2nd consecutive trading day resulting in a net foreign outflow of LKR 4.9Mn;

foreign sales for the day were 11.30Mn and purchases amounted to LKR 6.42Mn. Currently the YTD ne foreign outflow

stands at LKR 3.82Bn. The local FOREX market for the day closed with, the USD selling at LKR 132.04/- and buying at

LKR 129.16/-.

Market Highlights - Sector WiseSector

Today Privious Value (Rs) Volume Trades P/E PBV

BANK FINANCE AND INSURANCE 13,209.43 13,084.26 24,149,058 1,208,925 604 9.00 1.40

BEVERAGE FOOD AND TOBACCO 19,731.46 19,550.69 11,563,609 205,520 238 22.50 5.00

CONSTRUCTION AND ENGINEERING 2,692.86 2,695.47 4,689,618 219,760 25 10.40 1.40

CHEMICALS AND PHARMACEUTICALS 5,966.84 6,034.01 780,124 152,721 57 9.00 1.20

DIVERSIFIED HOLDINGS 1,735.08 1,736.76 8,430,419 635,995 280 21.00 1.90

FOOTWEAR AND TEXTILE 726.39 734.68 43,270 38,969 15 0.00 0.90

HOTELS AND TRAVELS 3,150.96 3,157.58 2,408,977 242,527 108 46.40 2.80

HEALTH CARE 783.23 781.03 7,269,356 399,181 123 15.30 2.60

INVESTMENT TRUSTS 17,277.47 17,388.26 1,354,982 61,424 72 23.80 1.10

INFORMATION TECHNOLOGY 87.04 87.60 63,982 52,256 18 0.00 1.70

LAND AND PROPERTY 572.50 567.28 10,354,069 371,527 109 10.70 0.90

MANUFACTURING 2,847.72 2,852.76 9,423,865 412,583 336 13.10 1.80

MOTORS 15,443.18 15,445.10 563,325 3,344 14 7.70 1.20

OIL PALMS 86,513.12 85,880.13 2,204,997 4,009 8 79.00 4.00

POWER & ENERGY 137.25 138.90 5,382,984 467,245 114 8.40 1.50

PLANTATIONS 705.29 709.00 678,212 43,757 98 5.10 0.70

STORES SUPPLIES 18,243.00 18,168.88 96,350 200 3 16.90 1.60

SERVICES 21,360.19 21,276.12 76,200 20,298 7 7.50 1.50

TELECOMMUNICATIONS 170.77 171.78 1,375,791 42,548 37 16.00 1.50

TRADING 13,097.08 13,081.97 30,554 24,482 28 27.30 1.00

Price Index Turnover Sector

Top GainersCompany Name VWA Prev VWA Days Change Change High Low No. of Turnover

Close Close (Rs.) % (Rs.) (Rs.) Shares (Rs.)

G S FINANCE 136.90 153.70 16.80 12.27 160.00 149.90 467 72,706.90

DURDANS [X] 77.00 86.00 9.00 11.69 86.00 70.50 14,037 990,367.00

N D B CAPITAL 490.00 539.00 49.00 10.00 539.00 539.00 1 539.00

TESS AGRO 1.10 1.20 0.10 9.09 1.20 1.10 5,217 6,260.30

NUWARA ELIYA 1,182.80 1,280.00 97.20 8.22 1,280.00 1,280.00 10 12,800.00

Top LosersCompany Name VWA Prev VWA Days Change Change High Low No. of Turnover

Close Close (Rs.) % (Rs.) (Rs.) Shares (Rs.)

CEYLON LEATHER [W13] 0.50 0.40 (0.10) (20.00) 0.40 0.40 37,710 15,084.00

TAPROBANE 2.80 2.50 (0.30) (10.71) 2.70 2.50 175,341 441,421.80

PC PHARMA 1.00 0.90 (0.10) (10.00) 1.00 0.90 9,100 8,700.00

CFI 94.50 86.60 (7.90) (8.36) 86.60 86.60 56 4,849.60

S M B LEASING 1.20 1.10 (0.10) (8.33) 1.20 1.10 42,040 46,365.00

17th Mar 14th Mar

Buying Selling Buying Selling Ind: Value Ind: Value

Dollar (USA) 129.16 132.04 129.20 132.10 Yuan (China) 21.21 21.27

Pound (UK) 214.17 220.30 214.01 220.16 Rupee (India) 2.13 2.14

Euro (EU) 178.61 184.45 178.12 183.98 Won (Korean) 0.12 0.12

Franc (Sw itzerland) 146.94 152.35 146.58 152.00 Dinar (Kuw ait) 464.86 463.91

Dollar (Canada) 115.74 119.66 115.93 119.87 Ringgit (Malay) 39.81 39.85

Dollar (Australia) 115.72 120.09 115.79 120.19 Rial (Oman) 339.23 339.31

Dollar (Singapore) 101.55 104.89 101.51 104.84 Riyal (Qatar) 35.87 35.87

Yen (Japan) 1.27 1.31 1.26 1.30 Riyal (KSA) 34.83 34.83

Dirham (UAE) 35.56 35.57

This week Last week This Week Last week This Month Last Month

91 Days 6.69 6.71 Weekly 8.74 9.37 Monthly 8.83 9.14

182 Days 6.85 6.88 Monthly 9.40 9.65 6 Months 9.43 9.64

364 Days 7.06 7.07 6 Months 10.54 10.95 1 Year 10.99 11.46

2013 2012

December January February December January February

4.70 4.40 4.20 9.20 9.80 9.80

6.90 6.50 6.00 7.60 8.10 8.60

Over Night 7 Days 1 M 3 M 6 M 12 M

6.99 7.52 7.95 8.41 8.84 9.37

0.46250 0.46500 0.48438 0.52063 0.61375 0.89000

0.08780 0.12125 0.15645 0.23485 0.33280 0.55700

(CBSL.lk, Global-rates.com)

Rate ( Per Annum)Description

Year on Year Change

LIBOR - GBP (14th March) (%)

LIBOR - USD (14th March) (%)

Description

Annual Average Change

SLIBOR (17th March) (%)

SLIBOR & LIBOR

Statutory Reserve Ratio (SRR)

Colombo Consumers’ Price Index (CCPI)

15.00

Currency Currency

Indicative Rates

14th March17th March

Exchange Rates

Central Bank's Policy Rates

Description

AWPLR AWDR

6.50

8.00Standing Lending Facility (SLF)

Treasury Bills

Bank Rate

6.00

Standing Deposit Facility (SDF)

2014 2013

Country Foreign Markets- Index 14-Mar-14 % Change 13-Mar-14 % Change 12-Mar-14

USA Dow Jones Indus. AVG 16,065.67 -0.27% 16,108.89 -1.41% 16,340.08

USA NASDAQ Composite Index 4,245.40 -0.35% 4,260.42 -1.46% 4,323.33

Europe Euro Stoxx 50 Pr 3,004.64 -0.49% 3,019.54 -1.50% 3,065.46

UK FTSE 100 6,527.89 -0.40% 6,553.78 -1.01% 6,620.90

Japan Nikkei 225 14,327.66 -3.30% 14,815.98 -0.10% 14,830.39

Hong Kong Hang Seng Index 21,539.49 -1.00% 21,756.08 -0.67% 21,901.95

China CSI 300 Index 2,122.84 -0.82% 2,140.33 1.24% 2,114.13

Pakistan Karachi 100 Index 27,124.47 0.15% 27,083.12 -0.12% 27,115.20

India BSE Sensex Index 21,809.80 0.16% 21,774.61 -0.37% 21,856.22

Singapore Straits Times Index 3,073.72 -0.25% 3,081.39 -0.52% 3,097.43

Malaysia FTSE Bursa Malaysia EMAS 12,511.99 -0.75% 12,605.93 -0.05% 12,612.65

Mongolia MSE Top 20 Index 16,727.73 0.41% 16,659.48 0.35% 16,601.81

Bloomberg

Grade Commodity 17-Mar-14 14-Mar-14 13-Mar-14

LC No.1X Brent Crude Oil 108.57 107.39 108.02

LC No.1 WTI Crude Oil 98.89 98.20 97.99

LC No.2 Gold 1,379.00 1,372.20 1,370.30

LC No.3 Silver 21.38 21.17 21.33

LC No.4 Copper 3.01 2.99 3.03

SC (Br) No.1

SC (Br) No.2

SC (Br) No.3

SC (Br) No.4

Skim Crepe Month 2012 2013 2014

RS Sheet No.1 January 85,874 110,543 146,575

RS Sheet No.2 February 83,549 113,968 141,878

RS Sheet No.3 March 91,102 113,208

April 69,591 80,737

May 57,506 74,838

June 65,245 90,279

July 90,338 107,016

Elevation Sale No : 9 Sale No : 8 August 79,456 123,269

Uva High 411.76 397.34 September 71,111 90,339

Western High 447.25 448.46 October 80,379 107,058

Uva Medium 425.54 419.60 November 109,202 109,420

Western Medium 416.66 409.53 December 122,252 153,918

Low Grow n 484.80 504.44 Total 1,005,605 1,274,593 288,453

220.00 - 225.00

214.00 - nom

Tea Prices

209.50 - 211.00

190.00 - 205.00

295.00 - 295.00

Rubber Prices - 13 March 2014 World Commodity Prices

255.00 - 260.00

Price Range (Rs)

295.00 - 300.00

260.00 - 265.00

305.00 - 305.00

240.00 - 250.00

230.00 - 240.00

285.00 - 290.00

Tourist Arrivals to Sri Lanka

280.00 - 284.00

Sri Lanka rupee up on dollar sales

The Sri Lankan rupee edged up on Monday as a private bank sold dollars obtained from selling gold. Contrary to

market expectations, the local currency has been gaining ahead of the traditional New Year in April. Usually, the

rupee falls in March and early April due to higher import demand ahead of the Sinhala-Tamil New Year. However,

dealers said they are yet to see higher import demand. The spot rupee strengthened to 130.57/62 per dollar at 0612

GMT, firmer from Friday's close of 130.62/65. On Thursday it hit its weakest close since Feb. 28 of 130.68/75.

(brecorder.com)

All eyes on Ukraine and the Fed

Investors will be keeping a close tab on Ukraine and China this week before turning their attention to the Federal

Reserve. Turmoil in Ukraine over the Crimean referendum could lead to more volatility in the markets. Preliminary

results showed the region voted overwhelmingly on Sunday to join Russia. The situation is causing growing

tensions between the West and Moscow. The threat of sanctions and other action from the West against Russia

means the crisis could further rattle investors as they worry about potential trade and energy disruptions. Russia

has paid a heavy price for the standoff so far. Its stock market and currency both tumbled since the unrest began.

But it's not clear if Russia will back down. (money.cnn)

EU meets to punish Russia over Crimea

European Union foreign ministers gathered in Brussels to discuss sanctions on Russia that could be revealed as

early as Monday. Western nations are looking to strike back against Russia for meddling in Ukraine and its

southern region of Crimea. Final results from a referendum in Crimea Sunday showed nearly 97% of those who

voted backed plans to join Russia. The result was expected -- and the West maintained the referendum was illegal.

Moscow strongly backed the vote. President Obama called Russian President Vladimir Putin Sunday and said the

vote "would never be recognized by the United States and the international community," according to the White

House. (money.cnn)

Vice President – Business Development Manager - Research

Thakshila Hulangamuwa Pasindu Perera

thakshi@ashaphillip.net pasindu@ashaphillip.net

0094 113070494 0094 112429109

Research Team

Lasantha Senanayake lasantha@ashaphillip.net 0094 112429129

Nishantha Warnakulasuriya nishantha@ashaphillip.net 0094 112429137

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