Daily Trade Journal - 15.03.2013
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7/29/2019 Daily Trade Journal - 15.03.2013
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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
335.5
3.6
355.6
20.1
Friday, March 15, 2013
865.0
% ChangePoint ChangeToday
20.2
729.9
0.27 %
0.66 %
2,192.5
ASPI
S&P SL 20 Index
+ 15.55
+ 21.41
5,704.53
3,262.44
ASPI 1.1%
5.7%
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 15.03.2013Indices uptrend; S&P SL20 outperforms ASPI: The
benchmark index after a stagnant first hour saw a
gradual uptrend to gain 15 points during the day
strongly supported large cap counters led by
Commercial Bank(+1.5%), John Keells Holdings (0.6%)
and Cargills (+3.3%) while the losses in Indo Malay (-
7.0%), Asian Hotels and Properties (-1.4%) and Trans
Asia (-2.3%) weighted heavily on the index. With the
large cap counters leading the turnover and the
gains helped the S&P SL20 to outperform the ASPI to
reach a gain of 22 points.JKH lead turnover and crossings board: John Keells
Holdings generated strong investor interest with the
counter continuing to renew its 52-week with the
price reaching a peak of LKR240.0 today. The counter
recorded 3 crossings during the accounting for 440k
shares at LKR239.6 and LKR240.0. Supporting its bullish
sentiment the counter closed day at its peak price ofLKR240.0 recording a gain of 0.6%.
Interest in Banks remain strong: Crossings were also
recorded in National Development Bank and
Sampath Bankas the former too registered a 52-week
high price of LKR160.5 while closing at LKR159.9
(+1.2%) while the latter generated some selling
pressure leading to a dip of 0.1% at LKR233.7. Further
interest in banks was witnessed in Commercial Bank
[Voting], [Non-Voting] and Hatton National Bank.
Heavy selling in retail favourite PCH: PC House
announced a rights issue late yesterday to fund its
working capital requirement. The announcement
resulted heavy selling in the counter amidst high level
of activity. The counter dipped to a 52-week low of
LKR2.9 before recovering to close at LKR3.1 recording
a dip of 22.5%.
Bluechipskeeps theindices in the green...
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7/29/2019 Daily Trade Journal - 15.03.2013
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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 p
Construction & Engineering q
Diversified p
Healthcare p
Hotels & Travels q
Land & Property q
Manufacturing q
Plantation q
Telecom p
-2.10%
2.1
543.0
206.1
12,946.5
% Change
0.27%2.1
28.47%
15.4
0.24%
1.17%
-1.48%
-1.16%
% WoW
ChangeLast Week
0.25%
-52.52%
-96.30%
62.83%
749.0
2,186.6
25.4
-39.87%
-39.87%
% WoW
ChangeLast Week
1,213.8
9.6
1.88%
-0.56%
0.27%
Today
335.5
2.1
20.1
15.4
5,704.5
0.66%
2,192.5
2.3
355.6
19.82%
19.82%-20.62%
2.67%
5.820.2
231
3,262.4
609.2
4.8
225
729.9
0.27%
-3.42%
-81.24%
Week ending
0.31%
-45.62%
-2.53%
0.25%
1.23%
0.23%
237
2,187.0
5,691.4
3,222.7
37.1
0.25%
0.00%
368.2
107.0
261.2
Change %
5,689.0
3,241.0
2.3
0.27% 15.4
Pre Day
12,788.5
16,083.6
1,866.1
3,326.8
464.5
-0.83%
2,715.6
1,848.3
0.64%
0.47%
-0.21%
0.21%
2,729.9
16,249.9
467.0
166.7 167.30.61%167.7
2.3
2,557.6
16,159.4
2,724.0
1,870.0
13,029.5
Pre Day
0.00%
3 months
6 months
12 months
YoY Change
Annual Avg
AWPLR
Excess Liquidity (LKR 'bn) as at 15.03.2013
Today
-46.88
602.6 601.9 0.11% 589.7 2.18%
775.1 775.9 -0.10% 784.4 -1.18%
2,612.4
3,348.6
-0.63%
3,299.1
461.6
-0.05%2,558.8
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
Softlogic Equity Research Page | 2.
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High Index Calibre USD350 Mn
Price Gainers Price Losers
Top 05 Performers for the Day
JKH
BUKIT DARAH
NAT. DEV. BANK
ODEL PLC
SAMPATH
Most Active
Close
240.00
810.00
238.50
814.00
157.00
117.60
715.00
9.00
Volume (mn)
0.5%
Turnover
(LKR)
4.0%
269,292,218
41,449,213
25,913,690
97,484,439
87,008,987
1.45
0.14
0.11
0.4% 8,729,889
10,305,401
4.4%
159.90
22.60
233.70
TESS AGRO 2.10
ODEL PLC 22.60
% Change
PIRAMAL GLASS
JKH 240.00
1.55
3.26
1.80
238.60
0.93%708.40
0.54
1.80-1.74%
1.12
-22.50%
-1.74%
0.00%
1.9%
1.2%
1.9%
Contribution to
Total T/O
269,292,218
-0.13%
6.00
41,449,213
3,262,565
11.02
PRINTCARE PLC
KURUWITA TEXTILE
Pre Day
0.59%238.60 12.3%1.12
Volume (mn)% Change
8.70%
+ 2.30 10.75%
240.00
CompanyContribution to
Total T/O
122.90
0.1%
12.3%
Turnover
(LKR)
155.00
26.07
139.52
110.90
56.20
149.10
42.50
25,913.69
69.00
233.70
155.00
42.50
705.50
69.00
62.20
12.70
TodayCompany
155.00
SIGIRIYA VILLAGE
20.50
205.09
0.1620.49
148.74
97,484.44
3,294.63
55.82
Today
8.16%
Turnover
USD ('000)
26.4011.34%
Intraday
Low (LKR)
Turnover
LKR ('000)
20,079.15
7,053.67
158.91
771.52
801.10
269,292.22
Intraday
High (LKR)
240.00
0.03
119.00
233.00
117.50
170.00
42.50
9.00
% Change
JOHN KEELLS HOLDINGS 1,122,460
SAMPATH BANK
ASIAN HOTELS & PROPERTIES 297
1.5%
3,070218
3,999
9.4%
6.9%CEYLON TOBACCO
CARSON CUMBERBATCHNESTLE LANKA
SRI LANKA TELECOM
COMMERCIAL BANK [V]
3.9%
3.3%BUKIT DARAH
DIALOG AXIATA
HNB [V]
DFCC BANK
CARGILLS
23.41
1,620.00
112.50
3.88
1.35
LOLC
AITKEN SPENCE 118.00
2.3% 4.97
169.96
157.00
1,350.80354.34
10.692.80
440.00
720.00
9.10
1,620.30
112.00
440.001,630.00
18,793.40
627.65
4.0%
2.2%
1.3%
135,402
366,063
119,859
33
4.0%
170.10
58.50
3.3%
170.00
58.00
440.00
3.5%
715.00
1.20%
1.7%
2.3%
Change
- 3.80
- 2.30
- 6.70
- 1.20
% Change
235.00
23.00
234.00
158.00
KELSEY
+ 2.40
ABANS FINANCIAL
69.00
122.90
Volume
2,131.26
0.00%
0.59%
179,721
1,391.96
17,629.39
3,648 2,958.06
1.4%
Change
65.80
Company% of
Mkt Cap
6.00
Today Pre Day
4.00
23.00
2.10
+ 6.70
DISTILLERIES
11,601
110,298
PC HOUSE 3.10
Company
3,692
121,610
113,765
RENUKA HOLDINGS [X]
COMMERCIAL DEV.
Company Today
1.6%
CEYLON TEA BRKRS
HUEJAY 61.70 + 7.60 14.05% PC HOUSE 3.10 - 0.90 -22.50%
-8.63%
-9.72%
-12.58%
-10.09%
5.30
30.00
23.70
+ 0.40
Softlogic Equity Research Page | 3.
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Currency Board Announcements
Local - Indicative Rate against LKR Dividends
Dollar No Announcements
Yuan 0
Euro 0
Rupee 0
Yen 0
Ringgit 0
Rouble 0
Riyal 0
Dollar Rights Issues / Scrip Dividend / Sub division / Capitalization
Franc Company
Baht PC House PLC
Pound 0
Dollar 0Source: www.cbsl.gov.lk
Global Markets
p
p
q
q
p
q
* Time is as at ET Source: www.bloomberg.com
Commodit Markets
Crude Oil (Brent) p
Crude Oil (WTI) p
ICE Cotton #2 p
CBOT Wheat q
COMEX Gold p
COMEX Silver p
COMEX Copper p
* Time is as at ET Source: www.bloomberg.com
00-Jan-00
00-Jan-00
1/0/1900
1/0/1900
00-Jan-00
Description
0.00
0.00
0 To be notified
0
XR Date
00-Jan-00
00-Jan-00
00-Jan-0000-Jan-00
Renunciation
00-Jan-00
0.00
Time*
USd/bu.
91.68
Price
109.66
93.38
USD/bbl.
101.18
AGRICULTURE
Hong Kong Hang Seng Index
Nikkei 225
ASIA
FTSE 100 Index
EU
190.75
0.00
0.00 0
0
126.35
0.0033.69
Malaysia
4.11
131.02
20.33
2.33
1.32
40.58
India
Currency
164.46
Indicative Rate
15.03.2013
China
0
Payment DateDPS (LKR) XD Date
6,507.9
Singapore
Switzerland
Thailand
UK
0.75
-86.1
01 for 02
2,736.5
133.54
1/0/1900
1/0/1900
4.27
USA
02:28
-20.1
1/0/1900
Change
-0.31%
179.8
04:01
0
00-Jan-00
1/0/1900
To be notified
06:40
06:42
-0.33%
06:42
Company
06:39
06:41
06:42
0-Jan
0-Jan
06:32
06:32
Time*
06:42
0.27%
Change %
-0.38%
0.32%
0.64%
0.38%
1.45%
-0.38%
0.07%
8.7
Change
0.90%0.77
0
0.36
Change %
354.60
USD/t oz.
USD/t oz. 0.10
722.00
0.95
28.90
Index
Dow Jones Industrial Average
S&P 500 Index
EUROPE
EURO STOXX 50 Price EUR
12,561.0
Value
14,539.1
1,563.2
USD/bbl.
USd/lb.
USd/lb.
AMERICA
-2.75
METALS
ENERGY
Commodity
22,533.1
Units
0
-8.1
Proportion
00-Jan-00
00-Jan-00
0.00
0.00
0.58%
0.56%
83.9
Russia
Saudi Arabia
Japan
1,591.80 1.10
Australia
Softlogic Equity Research Page | 4.
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7/29/2019 Daily Trade Journal - 15.03.2013
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Softlogic Equity Research Page | 5
CSE Announcements
Dealing By Directors:
Local News
Sri Lanka's HNB in mobile banking drive: Sri Lanka's Hatton National Bank [HNB:LKR157.0], which hasmore than two million customers, has launched a mobile banking platform to which it is planning to draw
300,000 users in the next three years, officials said. Chief executive Rajendra Theagarajah said HNB had first
launched a basic text message based mobile banking service as far back as 2005 but it had only 13,000 users,
but mobile phones now spanned the entire country. He said the bank planned to covert 300,000 of its 2.5
mn accounts holders to use mobile banking services within the next two to three years. The service comes in
three versions targeted at high end users with i-phones and smart phones to which an app can be
downloaded, mid-range phones and less sophisticated basic phones. Customers could check balances,transfer funds within accounts and to other account holders, pay utility bills, and also make payments to a
growing list of vendors that HNB was signing up, schools, insurers and retailers.
[Source: www.lbo.lk]
SL gets LKR59 bn from Japan: Japan has agreed to provide Japanese Yen 41 bn (approximately LKR59 bn) forfour major development projects following a request from the Government. The four projects in priority
sectors include power and energy, roads and bridges, disaster management and water supply with the
objective of enhancing economic growth further by improving economic infrastructure. The signing of the
loan agreements pertaining to the above loans took place yesterday at the Ministry of Finance and Planning.
Dr. P.B. Jayasundera, Secretary, Ministry of Finance and Planning on behalf of the Government of Sri Lanka
and Harumi Ao, Chief Representative of Japan International Cooperation Agency (JICA) Sri Lanka Office on
behalf JICA signed the four loan agreements. It is expected to utilise LKR23 bn to construct modern and safe
transmission and distribution network in the Greater Colombo Area to meet growing electricity demand
especially due to the present development and investment promotion activities in that area and to reduce
electricity loss in transmission and distribution. With the construction of reliable transmission and
distribution network in the Greater Colombo Area utilising this loan funds, transmission and distribution
losses will be at minimum level and the total electricity losses will be reduced to 12.0% by 2020. Further,
project will be contributed in preventing climate changes by carbon dioxide mitigation.
[Source: www.ft.lk]
Company Name Relationship Transaction Quantity Price (LKR) Date
Cutrus Leisure [REEF:LKR19.0]George Steuart &
CompanyCommon Directors Buy 1,305,000 19.2 14.03.13
Cutrus Leisure [REEF:LKR19.0]Divasa Equity (Pvt)
LtdCommon Directors Sell 1,305,000 19.2 14.03.13
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Softlogic Equity Research Page | 6
Palali airport to be upgraded to intl level: Sri Lanka is to develop the Palali airstrip in Jaffna as aninternational airport, mainly to cater to Indian traffic. An official from the Ministry of Civil Aviation said that
they would seek Indian assistance for this venture. The development of the North is also of high priority in
the governments agenda and an international airport in the peninsula would boost its regional economy in a
big way. When fully operational, the Palali airport would also cater to the growing Indian traffic. In addition,
the government has also decided to invest on a second runway at the Colombo airport, enabling even thelarge A380s to land in Colombo. Financial assistance for this purpose is expected from Japan.
[Source: www.dailynews.lk]
SL fast tracking China trade through Hong Kong: Sri Lanka is now trying to fast track its trade with Chinathrough the worlds most globalized economy Hong Kong. There is vast, unrealized trade potential
between Hong Kong and Sri Lanka, which we need to explore jointly. The Hong Kong Trade Development
Council with its vast network is an ideal partner for Sri Lankan companies to explore partnership
opportunities with the Chinese market, said Rishad Bathiudeen, Minister of Industry and Commerce of Sri
Lanka. The arrival of Hong Kong based Shangri-La hotels to Sri Lanka is now well known. Hong Kong is the
second most globalized economy according to Ernst & Young and is Sri Lankas 1 9th trading partner in terms
of exports, which stood at USD105 mn in 2012. The bilateral trade between both countries has beenfluctuating and in 2012, it reported USD689.33 mn. Apparel, gems and tea are our main exports. We also
believe that there is vast, unrealized trade potential, between the two countries, which we need to jointly
explore. Todays seminar is an important step in this direction and I am pleased to see strong participation
from Sri Lankas private sector as well, Bathiudeen said.
[Source: www.ft.lk]
Global News
Spains 2012 Public Debt Advances 20%, Below EU Forecast: Spains public sector debt surged 20 percentlast year as the government sought European aid for its banks and backstopped the nations municipalitiesas well as its tax-funded pensions and jobless-benefit systems. Borrowings rose to 884.4 bn euros (USD1.15
tn) at the end of December from 736.5 bn euros a year earlier, according to the Madrid-based central banks
estimate. That represents 84.1% of gross domestic product, up from 69.3% a year earlier and 77.3% in the
third quarter. It is less than the European Commissions forecast of 88.4%.
[Source: www.bloomberg.com]
Haruhiko Kuroda confirmed as BOJ governor: Japan's parliament has approved Haruhiko Kuroda asgovernor of the Bank of Japan, who is expected to push for monetary stimulus to boost growth in the world's
third-largest economy. The upper house cleared Mr Kuroda after he won approval from the lower house on
Thursday. Mr Kuroda has said he will do whatever it takes to bring inflation up to 2.0%.
[Source: www.bbc.co.uk]
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Softlogic Equity Research Page | 7
Softlogic Equity ResearchDimantha Mathew
+94 11 7277030
Kavindu Ranasinghe
+94 11 7277031
Imalka Hettiarachchi
+94 11 7277032
Softlogic Equity SalesBranches
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Madushanka Rathnayaka
No. 101, 1/1, Aguruwathota Road, Horana
+94 34 7451000, +94 77 3566465
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+94 31 2224714-5, +94 77 3569827
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No.13, Rajapihilla Mawatha, Kurunegala
+94 37 2232875, +94 77 3615790
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No.8A, 2nd Floor, FN Building, Station Road, [email protected]
+94 41 7451000, +94 77 3031159
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+94 11 7277010, +94 77 7689933
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+94 11 7277058, +94 77 7885778
Shafraz Basheer
+94 11 7277054, +94 77 2333233
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Thanuja De Silva
+94 11 7277053, +94 77 3120018
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 ar e subject to change without notice. This
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