Daily Trade Journal - 18.06.2013
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7/28/2019 Daily Trade Journal - 18.06.2013
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q
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
40.8
32.7
16.0
92.1
59.4
Tuesday, June 18, 2013
922.6
% ChangePoint ChangeToday
23.8
291.7
-0.42 %
0.01 %
2,378.4
ASPI
S&P SL 20 Index
- 26.11
+ 0.33
6,193.00
3,497.12
ASPI 9.7%
13.3%
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 18.06.2013Indices closed broadly flat: The bourse extended its
consolidation phase while activity remained dormant.
The benchmark index mirrored marginal fluctuations
and remained broadly flat during mid-day before
dipping 26 points at close primarily denoting losses in;
NDB Capital Holdings (-9.1%), Ceylon Beverage
Holdings (-8.2%) and Sri Lanka Telecom (-1.2%). The
S&P SL20 index closed on a marginally positive note
reflecting the gain in Ceylon Tobacco Company
(+1.2%).
CTC gathered interest spearheading the turnover:
Ceylon Tobacco Company continued to gather
investor focus as it attracted on-board interest
gaining 2.0% at its new 52-week high of LKR1010.0
while it recorded the sole crossing for the day; 25k
shares at a 52-week high (off-board) price of
LKR1000,0. The counter closed with a gain of 1.2% at
LKR1,002.2.
BFI sector added 28% to turnover backed by larger
banks: Hatton National Bank edged up to the top
turnover slot denoting activity weighing largely on the
selling side. Turnover in the counter heightened with a
block of c.64k shares which was transacted on-board
at LKR163.0 before it closed with a marginal gain at
LKR164.0 (+0.3%). Commercial Bank gathered some
interest trading between LKR116.3 and LKR116.9. Both
counters denote impressive valuations at current
levels with PER standing at 5.9x and 6.8x for 2014Erespectively. Diversifieds; Expolanka (+1.5%) and John
Keells Holdings (-0.1%) also witnessed some activity
while the former saw several mid-sized on-board
blocks. Renewed interest stemmed in PC House as a
block of 1.3 mn shares were transacted on-board at
LKR2.0.
Retailers on a watchful mode: Retail activity remained
low and surrounded a few counters. PC House, Expo
Lanka, Blue Diamond [Non-Voting] and Nation Lanka
Finance depicted some interest.
Ind ices broadly f lat am idst
sluggish activity
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Statistical Look Up
Treasury Bill (%) 12.06.2013
8.67
9.80
10.85
12.69
Inflation (%) May-13 7.3
8.8
All Share Price Index q
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 q
Beverage, Food & Tobacco q
Construction & Engineering q
Diversified q
Healthcare q
Hotels & Travels p
Land & Property q
Manufacturing q
Plantation q
Telecom q
-2.66%
2.3
145.5
213.1
13,560.7
% Change
-0.42%2.3
-63.85%
16.9
-2.25%
-2.22%
-1.33%
-2.59%
% WoW
ChangeLast Week
-1.75%
-74.32%
-59.17%
-84.66%
358.6
2,388.4
8.7
-61.13%
-61.13%
% WoW
ChangeLast Week
750.6
5.8
-2.23%
0.12%
-0.42%
Today
32.7
2.3
59.4
16.8
6,193.0
0.01%
2,378.4
2.2
92.1
-5.93%
-5.93%172.51%
6.93%
2.323.8
247
3,497.1
310.1
2.4
231
291.7
-0.42%
-37.00%
6.57%
Week ending
-0.68%
-25.05%
5.11%
-1.75%
-1.78%
-1.76%
235
2,420.7
6,303.8
3,560.5
31.7
-1.75%
4.76%
146.2
55.7
90.4
Change %
6,219.1
3,496.8
2.1
-0.42% 17.1
Pre Day
13,789.2
19,156.8
2,030.7
3,487.7
611.7
0.00%
2,904.0
2,073.4
-0.58%
-0.08%
-0.49%
-0.17%
2,898.7
19,117.6
624.3
164.7 166.5-1.17%162.8
2.2
3,054.4
19,141.0
2,884.4
2,027.3
13,482.1
Pre Day
0.00%
3 months
6 months
12 months
YoY Change
Annual Avg
AWPLR
Excess Liquidity (LKR 'bn) as at 18.06.2013
Today
-20.67
673.4 674.0 -0.09% 688.2 -2.15%
793.4 804.1 -1.33% 809.3 -1.96%
3,137.9
3,534.7
-0.59%
3,487.7
608.1
-0.81%3,079.4
6000
6100
6200
6300
6400
6500
6600
Index
ASPI
3400
3450
3500
3550
3600
3650
3700
Index
S&P SL20
0.0
10.0
20.0
30.0
40.0
50.0
60.0
0
500
1,000
1,500
2,000
2,500
3,000
Volume('mn)
TurnoverLKR('mn)
Turnover Volume
Softlogic Equity Research Page | 2.
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High Index Calibre USD350 Mn
Price Gainers Price Losers
Top 05 Performers for the Day
CEYLON TOBACCO
HNB
PC HOUSE
EXPOLANKA
JKH
Most Active
Close
264.00
1,002.20
263.50
1,010.00
164.00
135.70
700.00
8.70
Volume (mn)
0.6%
Turnover
(LKR)
0.6%
64,952,013
10,569,459
9,962,476
21,468,997
14,788,685
1.13
0.13
0.04
0.1% 2,943,873
14,788,685
0.9%
2.00
7.00
264.00
BLUE DIAMONDS[NON VOTING] 1.40
EXPOLANKA 7.00
% Change
FREE LANKA
NATION LANKA 9.70
1.22
7.24
1.51
10.10
0.31%163.50
7.24
1.511.45%
0.92
-23.08%
1.45%
0.00%
0.4%
0.4%
0.4%
Contribution to
Total T/O
9,082,264
-0.08%
2.70
10,569,459
1,712,961
20.35
HOTEL SIGIRIYA
PC PHARMA
Pre Day
1.23%990.00 2.7%0.06
Volume (mn)% Change
6.13%
+ 9.60 7.55%
1002.20
CompanyContribution to
Total T/O
140.70
0.1%
0.4%
Turnover
(LKR)
171.90
0.16
0.01
116.30
0.00
171.30
41.00
1,887.05
73.10
211.40
162.50
41.40
700.00
70.80
3.10
228.20
TodayCompany
172.00
PCH HOLDINGS
4.30
14.67
0.0810.69
166.95
105.32
20.13
0.00
Today
5.93%
Turnover
USD ('000)
26.109.60%
Intraday
Low (LKR)
Turnover
LKR ('000)
9,405.54
0.00
73.14
0.82
990.00
9,962.48
Intraday
High (LKR)
264.90
0.30
140.00
211.10
134.10
191.50
42.00
8.70
% Change
JOHN KEELLS HOLDINGS 37,751
SAMPATH BANK
ASIAN HOTELS & PROPERTIES 151
1.6%
7,21145
202
9.5%
7.9%CEYLON TOBACCO
CARSON CUMBERBATCHNESTLE LANKA
SRI LANKA TELECOM
COMMERCIAL BANK [V]
3.7%
3.0%BUKIT DARAH
DIALOG AXIATA
HNB [V]
DFCC BANK
CARGILLS
505.10
1,920.00
116.90
38.95
0.07
LOLC
AITKEN SPENCE 138.00
2.4% 6.56
8.38
164.90
3,202.3686.63
24.900.67
444.00
708.90
8.80
1,930.80
116.50
445.001,939.70
21,469.00
843.31
3.9%
2.3%
1.2%
150
2,289
131,782
288
4.4%
193.00
0.00
3.0%
192.00
60.10
444.00
3.1%
164.00
-23.08%
1.5%
2.2%
Change
- 3.70
- 0.60
- 0.40
- 25.70
% Change
213.60
6.90
264.20
2.60
INDUSTRIAL ASPH.
+ 4.90
PRINTCARE PLC
73.10
140.00
Volume
77.47
-3.70%
-3.96%
80,678
2,617.42
1.89
64,958 64,952.01
1.4%
Change
54.80
Company% of
Mkt Cap
2.60
Today Pre Day
2.60
6.90
1.40
+ 4.80
DISTILLERIES
18,692
8,909
PC HOUSE 2.00
Company
4,385
0
11
CIT
ON'ALLY
Company Today
1.6%
CEYLINCO INS.
CEYLON LEATHER 79.10 + 7.00 9.71% PC HOUSE 2.00 - 0.60 -23.08%
-10.12%
-11.43%
-12.42%
-12.24%
1,016.90
84.90
136.80
+ 56.90
Softlogic Equity Research Page | 3.
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Currency Board Announcements
Local - Indicative Rate against LKR Dividends
Dollar Sthosa Motors PLC
Yuan AMW Capital Leasing & Financ
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
q
p
* Time is as at ET Source: www.bloomberg.com
Commodit Markets
Crude Oil (Brent) q
Crude Oil (WTI) q
ICE Cotton #2 q
CBOT Wheat p
COMEX Gold q
COMEX Silver q
COMEX Copper q
* Time is as at ET Source: www.bloomberg.com
00-Jan-00
28-06-2013
03-07-2013
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.
87.80
Price
105.28
97.55
USD/bbl.
102.11
AGRICULTURE
Hong Kong Hang Seng Index
Nikkei 225
ASIA
FTSE 100 Index
EU
202.00
5.00
0.55 26-06-2013
24-06-2013
128.59
0.0034.29
Malaysia
4.05
122.25
20.98
2.22
1.36
40.80
India
Currency
171.77
Indicative Rate
18.06.2013
China
0
Payment DateDPS (LKR) XD Date
6,381.9
Singapore
Switzerland
Thailand
UK
-0.19
0.0
0
2,703.5
139.34
1/0/1900
1/0/1900
4.18
USA
02:28
51.4
1/0/1900
Change
0.03%
-25.8
04:01
0
00-Jan-00
1/0/1900
1/0/1900
06:30
06:31
0.81%
06:31
Company
06:48
06:31
06:31
0-Jan
0-Jan
06:40
06:40
Time*
06:31
-0.66%
Change %
0.99%
-0.24%
-0.18%
-0.23%
-0.20%
0.00%
-0.42%
12.3
Change
-1.34%-1.19
0
-0.22
Change %
317.65
USD/t oz.
USD/t oz. -0.05
687.25
-2.10
21.71
Index
Dow Jones Industrial Average
S&P 500 Index
EUROPE
EURO STOXX 50 Price EUR
13,007.3
Value
15,179.9
1,639.0
USD/bbl.
USd/lb.
USd/lb.
AMERICA
6.75
METALS
ENERGY
Commodity
21,225.9
Units
0
0.8
Proportion
00-Jan-00
00-Jan-00
0.00
0.00
0.73%
0.76%
109.7
Russia
Saudi Arabia
Japan
1,377.30 -5.80
Australia
Softlogic Equity Research Page | 4.
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Softlogic Equity Research Page | 5
CSE Announcements
Central Finance Company [CFIN: LKR185.0] -Debenture Issue:
Local News
Sri Lanka economy grows 6.0% in 2013 first quarter: Sri Lanka's gross domestic product grew 6.0% in thefirst quarter of 2013 from a year earlier, slowing from 8.0% last year and 6.3% in the fourth quarter of 2012,
the state statistics office said. Agriculture grew 2.0% (slowing from 12.0% last year), industry grew 10.7%
(from 10.8% last year) and services grew 4.3% down from 5.8% last year. The first quarter of 2012 was when
the breaks were put on a credit bubble that pushed Sri Lanka into a balance of payments crisis. The statistics
office said the implicit GDP deflator was 8.5% for the quarter, close to inflation measured by the Colomboconsumer price index of 9.0%.
[Source: www.lbo.lk]
NDB secures USD24 mn IFC loan: IFC, the private sector investment arm of the World Bank Group hasextended a USD 24 million tenor loan to National Development Bank (NDB), the bank said in a statement.
IFCs funding will enable the bank to extend financing options across all business segments, generating
employment opportunities and providing access to long term funding to small businesses, the bank said.
IFCs investment brings the required long-term financing which will help NDB to promote the much needed
investments within the country while bringing global best practices and sector knowledge to further
strengthen our internal capacity NDB Chief Executive Russell De Mel said.
[Source: www.dailymirror.lk]
Sri Lanka tourist arrivals up 21% in May: Sri Lanka's tourist arrivals rose 21% to 70,026 in May 2013 from ayear earlier, with a recovery in the Indian market and Western Europe growing strongly, official data shows.
In the first five months of the year, visitors were up 13.2% to 438,653. Arrivals from Western Europe rose
28% to 19,966 with the biggest market UK up 27.5% to 6,299 and Germany up 45% to 4,263. France rose
8.2% to 3,490 and the Netherlands rose 44.7% to 1,376. Eastern Europe was up 48% 3,502, with Russia up
78% to 1,579 and Ukraine up 22% 1,008. Middle East fell 1.6% to 2,632.
[Source: www.lbo.lk]
Sri Lanka promises fast-track investment approvals from July 01st: Sri Lanka's investment promotionministry said a new fast-track unit will be opened from July 01, to give approvals for projects within three
months.The Board of Investment of Sri Lanka will staff the office with six officers who have multi-lingual
capabilities, the ministry said in a statement. All applications that are submitted will be copied to the
investment promotions minister and the ministry secretary who will solve any outstanding problems. Issues
that cannot be solved at a ministry level will be forwarded to a progress monitoring committee chaired by
the President. Investment promotions minister Lakshman Yapa Abeywardene expects the procedure to
provide all necessarily approvals, within three months, the statement said.
[Source: www.lbo.lk]
Rupee steady on CB intervention amid downward pressure: The rupee ended steady on Monday as theCentral Bank intervened in the currency market for a second day to help ease depreciation pressure amid
importer demand for dollars, dealers said. There was intervention as we were giving away some dollars we
have bought early June, Central Bank Governor Ajith Nivard Cabraal told Reuters. The rupee closed flat at
LKR128.50/60 per dollar. Currency dealers said the lowest trade was done at LKR128.80 before one of the
State-run banks, through which the Central Bank usually directs the market, sold dollars at LKR128.70. The
bank sold at that price selectively and that helped the currency to recover, a dealer said. The rupee lost
Category Type Basis of Allotment
TYPE A Up to 4000 debentures - 100% and 10.45% for the balance
TYPE B Up to 4000 debentures - 100% and 52.93% for the balance
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Softlogic Equity Research Page | 6
1.6% last week. It had fallen to LKR129.00/129.10 per dollar in early trades on Friday, its lowest in six
months, as foreign investors sold bonds as part of a broader sell-off in emerging markets on fears that loose
global monetary conditions were about to end. Investment promotions minister Lakshman Yapa
Abeywardene expects the procedure to provide all necessarily approvals, within three months, the
statement said.
[Source: www.ft.lk]
Global News
U.S. and Europe kick off free trade talks: The U.S. and Europe announced the start of negotiations on atransatlantic trade and investment pact, which has the potential to add about USD420 billion a year to the
global economy. Under pressure to find new ways of stimulating demand to end recession in Europe,
accelerate sluggish growth in the U.S. and bring down unemployment, President Obama and EU leaders said
much was achieved in starting formal talks but plenty of hard work lay ahead. "It's a testament to the
leadership and political will of everyone here that we've reached this point," said U.K. Prime Minister David
Cameron. "We must maintain that political will in the months ahead -- this is a once in a generation prize and
we're determined to seize it."
[Source: www.money.cnn.com]
Americans Exporting More Oil First Time Since 70s: The U.S. oil boom is moving Congress closer than it hasbeen in more than three decades to easing the ban on exporting crude imposed after the Arab embargo.
Advances such as hydraulic fracturing are leading to record production that may outstrip refinery capacity
within 18 months to three years, said Benjamin Salisbury, a senior energy policy analyst at FBR Capital
Markets Corp. in Arlington, Virginia. Net petroleum imports now account for about 40% of demand, down
from 60% in 2005, according to the U.S. Energy Information Administration, the Energy Department research
unit. Americans are unbelievably politically sensitive to oil and more specifically to gasoline prices,
Salisbury said in an interview.
[Source: www.bloomberg.com]
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Softlogic Equity Research Page | 7
Softlogic Equity ResearchDimantha Mathew
+94 11 7277030
Kavindu [email protected]
+94 11 7277031
Imalka Hettiarachchi
+94 11 7277032
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