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



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™ » DAILY CHRONICLE™ » Fall of stock market, Rupee persists

Fall of stock market, Rupee persists

Go down  Message [Page 1 of 1]

1Fall of stock market, Rupee persists Empty LSL Market Review – 26 Aug 2013 Mon Aug 26, 2013 9:41 pm

sriranga

sriranga
Co-Admin
Colombo shares further declined today for the fifth consecutive day where All Share Index dropped by 56.18 points (- 0.94%) to 5,895.65 and S&P SL 20 index lost 15.33 points (- 0.46%) to 3,327.63. Price depreciation in primary blue chip Nestle by LKR 190.20 (closed at LKR 2,015.00) impacted negatively to the market index. Losers outweighed gainers by 150 to 60 and 65 stocks reached 52 week low during today’s session.

Daily market turnover was LKR 366mn. John Keells Holdings with LKR 95mn, Commercial Bank with LKR 69mn and Tokyo Cement non-voting with LKR 20mn were the top contributors to the market turnover. Several negotiated deals were recorded in Commercial Bank (0.5mn shares at LKR 116.10 per share), John Keells Holdings (approx. 0.1mn shares at LKR 240.00 per share). The total value of the crossings accounted for 22% of the market turnover.

Further, with the interim dividend announcement of LKR 2.00 per share First Capital Holdings became the mostly traded stock for the day followed by John Keells Holdings. First Capital Holdings closed at LKR 18.60, up by +5.1%. Kingsbury Hotel –rights commenced trading today and the rights closed at LKR 0.10.

Foreign participation for the day was 40% whereas foreign investors were net sellers with a net outflow of LKR 99mn. Foreign net outflows were seen in counters such as John Keells Holdings (LKR 101mn), Ceylinco Insurance non-voting (LKR 5.6mn) and Tokyo Cement non-voting (LKR 4.6mn) while foreign net inflows were seen in Commercial Bank (LKR 24.2mn).

Cash map closed at 32%.

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

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
WRITTEN BY THARANGA SENARATNE

Aug 26, 2013 (LBT) - ASPI dropped sharply again with slips in selected counters: The Colombo bourse further tumbled today due to high capped counters. ASPI closed at 5,895.65 with a 56 points dip. Significant price dips in Nestle Lanka (-7.7%) followed by Dialog Axiata (-2.4%) and Commercial Leasing and Finance (-5.1%) contributed to the overall negative performance of the index. However, S&P SL20 dipped marginally by 4 points to end at 3,339.24.

COMB and JKH supported daily turnover: Commercial Bank topped the off-board transaction list with a single 500k block which changed hands at LKR116.1. The counter denoted on-board interest too backed by a 200k share trade at LKR117.0. COMB closed flat at LKR117.0. John Keells Holdings denoted some off-board interest with a 90k transaction which was dealt at LKR240.0. JKH spearheaded the daily turnover heavily backed by notable on-board interest, largest transaction being the 33k shares which traded at LKR240.1. The counter closed at 240.1 with a dip of 0.08%.

Diverse investor interest On-Board: On-Board activities were prominent in Tokyo Non-Voting with two on-board blocks of totaling to 600k shares which traded at LKR20.1. The counter ended flat at LKR20.1. Overseas Reality too denoted some on-board interest, largely backed by a single 394k share transaction at LKR17.0. The counter settled at LKR17.0 with a dip of 3.4%.

Retailers concentrated on CFVF: Retail activity was concentrated on First Capital Holding with the recent LKR2.0 dividend announcement. The counter displayed some momentum during the day and closed at LKR18.7 with a gain of 5.7%.
http://lbt.lk/stock-market

3Fall of stock market, Rupee persists Empty Fall of stock market, Rupee persists Tue Aug 27, 2013 12:23 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Reuters: Stocks closed at their lowest level in more than four months on Monday with trading volume slumping to near three-week lows as foreign outflows continued for the third day, while retail investors stayed on the sidelines amid a falling rupee, brokers said.

The main share index ended down 0.94%, or 56.18 points, at 5,895.65, its lowest close since 22 April.

Analysts said investors were cautious over the fall in the rupee and earnings outlook. The local currency hit a near one-year low on Monday due to renewed selling of Government bonds by foreign investors.

Shares in Nestle Lanka Plc ended 7.72% lower at Rs. 2,035 while Dialog August fell 2.35% to Rs. 8.30.

Foreign investors were net sellers for a third straight session, selling Rs. 99 million ($ 748,000) worth of shares, extending net outflows to Rs. 264 million in the last three sessions. However, they have been net buyers of Rs. 18.25 billion worth of shares so far this year.

Turnover was Rs. 365.9 million, its lowest since 8 August, and well below this year’s daily average of about Rs. 916.6 million.

The Sri Lankan Rupee on the other hand fell to a near one-year low against the dollar on Monday due to importer demand for the greenback amid renewed selling of government bonds by foreign investors.

The market expects the rupee to depreciate further with exporters holding onto dollars and foreign investors gradually exiting treasury bonds.

Dealers said banks switched to one-day currency forwards in an inactive spot market.

The spot rupee fell to 132.80 per dollar, its lowest since Sept. 14, Thomson Reuters data showed. It had closed at 132.50 on Friday.

The spot next or one-day forward closed at 132.80/90 per dollar, compared with Friday’s close of 132.75/85.

“Demand (for dollars) continued. The spot next is weaker on importer dollar demand but the demand from foreign bond holders is also there,” a dealer said.

The rupee fell around 4% between June 7 and July 18, after foreign investors started pulling out of Sri Lanka’s treasury bonds due to a rise in U.S. treasury yields. The benchmark 10-year note yield is hovering around a two-year high at 2.8275%.
http://www.ft.lk/2013/08/27/fall-of-stock-market-rupee-persists/

Sponsored content


Back to top  Message [Page 1 of 1]

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