FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» GLAS will be winner with Super Gain.
by Eranga87 Today at 12:30 pm

» Lanka Walltile PLC Investment Case
by judecroos Today at 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Today at 8:39 am

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by mahasona2 Today at 12:40 am

» Daily Foreign Transactions
by Pradeep90 Yesterday at 8:03 pm

» First capital holdings CFVF.N0000
by High-flyer Yesterday at 3:22 pm

» Big opportunity in Kegalle Plantations
by EquityChamp Yesterday at 2:58 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by stockchaser Yesterday at 2:42 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by nigma Yesterday at 11:59 am

» If you buy a stock that’s not going up in price, you won’t make any money. STOCK market for beginners
by dayandacool Yesterday at 11:31 am

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Yesterday at 11:17 am

» VPEL VPEL VPEL
by invest thinker Yesterday at 10:23 am

» Thoughts on SINS
by Swissinvest Yesterday at 10:04 am

» VFIN / VPEL / PABC - Share SPLIT or VTWO ?
by WealthKing Yesterday at 8:33 am

» DIPD/HAYC/HAYL
by Harry82 Yesterday at 5:46 am

» ROYAL CERAMICS PLC (RCL.N0000)
by shan31 Thu Apr 15, 2021 11:22 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Jana Thu Apr 15, 2021 11:15 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by learningthemarket Thu Apr 15, 2021 8:18 pm

» LOLC Share Price
by EGG Thu Apr 15, 2021 5:59 pm

» L B FINANCE PLC (LFIN.N0000)
by Venu123 Thu Apr 15, 2021 2:06 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » How on earth this happened?

How on earth this happened?

Go down  Message [Page 1 of 1]

1How on earth this happened? Empty How on earth this happened? Thu Mar 21, 2013 6:11 pm

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
NEST trades today.

1,695.00 1 (+58.80)
1,626.00 800 (-10.20)
1,622.50 5 (-13.70)

closing price is 1695( +58.Cool. How could this be value weighted averaging.Single share was traded at 1695 while 800 traded 1626.Last time this happened it was adjusted and it was discussed here.
http://forum.srilankaequity.com/t26705-how-the-market-went-up-to-49-points-up-all-of-a-sudden-at-the-last-minute

Now NEST can individually pull market down tomorrow.Something fishy here. Evil or Very Mad

2How on earth this happened? Empty Re: How on earth this happened? Thu Mar 21, 2013 6:38 pm

sriranga

sriranga
Co-Admin
NEST TRADING AS AT 21/03/2013
How on earth this happened? Nest10

Please see the instruction, how to calculate the closing price (from CSE website- http://www.cse.lk/pdf/ATS-RULES.pdf)

Now you can understand how they got the closing price.



8.1 Closing Price for Equity Securities

Closing price will be defined as the Volume Weighted Average Price (VWAP) of trades executed during the last one hour of trading of the specific security (please refer Example 1).

If the security does not trade for one hour the closing price will be the VWAP calculated for the period of time it has traded (please refer Example 2).

After close of trading, no activity can occur until the pre‐opening begins on the next business day.

The option of having a closing auction is available but will not be enabled.

VWAP = total value traded in period / total volume traded in period

How on earth this happened? Ex110

In the above example the first trade for security X for the day took place at 10.55 a.m.

The last trade for the day was executed at 12.01 p.m.

The VWAP for security X for day DD/MM/YYYY:

VWAP = TOTAL VALUE TRADED FROM 11.01 A.M.TO 12.01 P.M. = 1,222,200 / TOTAL VOLUME TRADED FROM 11.01 A.M. TO 12.01 P.M. 12,100

= RS.101.00

How on earth this happened? Ex210

In the above example, Security Y has traded for less than one hour.

The first trade for security Y for the day took place at 9.34 a.m.

The last trade in security Y took place at 10.15 a.m.

VWAP = TOTAL VALUE TRADED FROM 9.34 A.M. TO 10.15 A.M. = 53,000 / TOTAL VOLUME TRADED FROM 9.34 A.M. TO 10.15 A.M. 2,400

= Rs. 22.00

http://sharemarket-srilanka.blogspot.co.uk/

3How on earth this happened? Empty Re: How on earth this happened? Thu Mar 21, 2013 8:27 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Why the fuss with the index, I couldn't understand?

4How on earth this happened? Empty Re: How on earth this happened? Thu Mar 21, 2013 9:14 pm

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I just wonder where we would be by now if CTC & NEST had not moved considerably from 350s & 750s scratch

5How on earth this happened? Empty Re: How on earth this happened? Thu Mar 21, 2013 9:30 pm

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ sriranga - Thanks for the above clarrification with example.
further re-inforces my view that they should calculate VWAP as per your example number 2 and it should not be time sensitive and restricted to any particular hour of trading (especially if odd lots are to be traded on main board). Furthermore, VWAP should impact the indices in real time as it happens and not be adjusted after trading hours, as it happens now.

6How on earth this happened? Empty Re: How on earth this happened? Thu Mar 21, 2013 9:34 pm

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thanks.Understood.Im dissapoined of that 1 share trade because it could fall easily and with this UN thing great chance for the players to collect some more in Red.Anyway i would like it too if I'm on cash.All loaded.

7How on earth this happened? Empty Re: How on earth this happened? Fri Mar 22, 2013 2:50 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@The Alchemist wrote:@ sriranga - Thanks for the above clarrification with example.
further re-inforces my view that they should calculate VWAP as per your example number 2 and it should not be time sensitive and restricted to any particular hour of trading (especially if odd lots are to be traded on main board). Furthermore, VWAP should impact the indices in real time as it happens and not be adjusted after trading hours, as it happens now.

VWAP always related to time span.
CSE already stated in their website their calculation basis.
We need to adapt to the system and do the trading / investing no?
Any way from the start I'm not a fan on ASPI (up or down).
We need to track our counters with the respective sector is the bestway.
Plus ASPI cover all the shares in the CSE.
Other countries when they are talking about the index, only talk about the selected one. ( For example DOW30,CAC40,FTSE100, NIKKEI225 and so on)

8How on earth this happened? Empty Re: How on earth this happened? Fri Mar 22, 2013 4:44 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Redbulls wrote:
@The Alchemist wrote:@ sriranga - Thanks for the above clarrification with example.
further re-inforces my view that they should calculate VWAP as per your example number 2 and it should not be time sensitive and restricted to any particular hour of trading (especially if odd lots are to be traded on main board). Furthermore, VWAP should impact the indices in real time as it happens and not be adjusted after trading hours, as it happens now.

VWAP always related to time span.
CSE already stated in their website their calculation basis.
We need to adapt to the system and do the trading / investing no?
Any way from the start I'm not a fan on ASPI (up or down).
We need to track our counters with the respective sector is the bestway.
Plus ASPI cover all the shares in the CSE.
Other countries when they are talking about the index, only talk about the selected one. ( For example DOW30,CAC40,FTSE100, NIKKEI225 and so on)

I'll add something to the point above. The FTSE calculation is not simple. It is very complex with various factors changing in real time.

Instead of using market cap another figure called adjusted market cap is used (market cap of top shareholders and government shareholders is removed aka restricted market cap). The index is also adjusted to accommodate all possibilities like dividends/ex dividends, rights, share splits and scrip issue.

If a extraodinary corporate action occurs (special announcement) the end of day price is used. If ordinary corporate action occurs (dividends, rights) then a divisor factor is used based on a ratio Adjusted market cap after announcement/ Adjusted market cap before


Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum