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

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by Bakkabwoi Today at 11:25 pm

» NATIONS TRUST BANK PLC (NTB.N0000)
by ColomboCSE Today at 9:17 pm

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by xhunter Today at 8:45 pm

» DFCC will be receiving Rs.594,538,285.50
by Wonderer Today at 7:49 pm

» Daily Foreign Transactions
by Pradeep90 Today at 6:42 pm

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by Vishwanarth Today at 6:27 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by samaritan Today at 9:45 am

» GLAS will be winner with Super Gain.
by Eranga87 Today at 2:00 am

» If you are one of those people who can sleep at night while someone else is in control of your destiny, then my advice would be to only invest in stocks
by Asoka Samarakone Yesterday at 9:58 pm

» Price prediction on GRAN and TAFL
by Bakkabwoi Yesterday at 6:22 pm

» SEMB SEMB
by stockchaser Yesterday at 2:57 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Vishwanarth Yesterday at 2:54 pm

» Bullish sentiment returns with market regulator's assurance
by Vishwanarth Yesterday at 2:52 pm

» DIPD/HAYC/HAYL
by Wickyz Yesterday at 1:19 pm

» Chart 25.02.2021
by stockback Yesterday at 12:41 pm

» is it a good time to sell expo shares
by Kipling Yesterday at 8:39 am

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by agentnrox Yesterday at 8:13 am

» Leading brokers causing market downturn
by Mithooshan Yesterday at 7:40 am

» Must watch this video - unnecessary panic
by Jana Yesterday at 1:03 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by learningthemarket Yesterday at 12:03 am

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™ » CSE Ends July On A Positive Note – Lanka Securities Research

CSE Ends July On A Positive Note – Lanka Securities Research

Go down  Message [Page 1 of 1]

Melissa Pereira


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Colombo stocks declined during the start of the week, retreating from a 9-week high, as investors took some profit after three straight sessions of advances. Main index advanced to 7,280 mark in the opening hours but failed to maintain the momentum and declined by 21.82 index points (-0.30%) to close at 7,247.23. 20-scrip S&P SL index edged slightly lower by 3.98 index points or 0.01% to end at 4,067.67. Daily market turnover was LKR 1.1bn. Aitken Spence emerged as the top contributor to the turnover with LKR 153mn followed by John Keells Holdings and Distilleries with LKR 135mn and LKR 62mn respectively. HVA Foods was the most active counter for the session. Foreign investors were net buyers for the third consecutive session with a net inflow of LKR 65mn. Foreign participation was 27%.

Colombo equities brushed off losses made on previous session as blue chips helped lead the market higher on Tuesday. After the hesitant start, the ASI recouped and touched a high of 7,275.45 before settling at 7,261.07 with a gain of 13.84 index points or 0.19%. S&P SL 20 index edged high by 10.22 index points or 0.25% to close at 4,077.89. The market turnover was LKR 1.1bn. Premier blue-chip, John Keells Holdings, led the turnover list with LKR 255mn. Further, Overseas Realty (LKR 75mn), Laugfs Gas-nonvoting (LKR 52mn), John Keells Holdings – warrant 22 (LKR 37mn) and Chevron Lubricants (LKR 28mn) made notable contributions to the turnover. John Keells Holdings warrants led the trades while HVA foods, Grain Elevators and Overseas Realty were also heavily traded in the session.Foreign investors were net sellers of LKR 213mn worth of equities and foreign activity represented 23% of the market turnover.
Colombo bourse closed above 7,300 mark for the first time in five months in Wednesday as investor sentiment build up in anticipation of political stability after the parliamentary polls scheduled to be held in two weeks’ time. Benchmark index bagged 52.90 index points or 0.73% to close at 7,313.97 while 20-scrip S&P SL index retook the 4,100 index mark to end at 4,105.08, incline of 27.19 index points or 0.67%. Accordingly year-to-date main index return and S&P SL20 index return flipped back to greener territory, recording an increase of 0.2% & 0.4% respectively. Daily market turnover surged to 11 week high of LKR 3.6bn, lifted by single crossing of 1.2mn shares in Ceylinco Insurance. John Keells Holdings (LKR 278mn), Bimputh Finance (LKR 156mn), Textured Jersey (LKR 118mn) and Access Engineering (LKR 103mn) were next best contributors to the turnover. High investor interest continued roll in to John Keells Holdings where all three counters witnessed increases. Meanwhile, Access Engineering, HVA Foods, MTD Walkers and Textured Jersey attracted heavy investor preference during the session. Foreign investors erased year-to-date net foreign outflow with a net inflow of LKR 2bn while foreign participation was marked at 35%.

Colombo stock market indices stretched the gains on Friday, as investors’ sentiment remained bullish. The Benchmark All Share Price index gained 18.08 points or 0.25% to end at 7,332.05 while S&P SL 20 index gained 13.99 points (+0.34%) to end at 4,119.07.

The market ended the month of July with positive returns where the main index advanced by 311.25 points or 4.4% while S&P SL 20 index gained 199.94 points or 5.1% during the month.

Ceylon Cold Stores (CCS) was the main contributor to the index performance in today’s session, subsequent to the  84%YoY growth in earnings in the June quarter. The counter advanced to a fresh 52wk high price of LKR 425.00, +19.4% while recording a turnover of LKR 47mn and it positioned among the top 5 contributors to the market turnover. Further Ceylon Tobacco (closed at LKR 955.00, +1.4%), Hemas Holdings (closed at LKR 88.10, +1.3%) and Carson Cumberbatch (closed at LKR 405.00, +2.4%) also affected favorably to the market performance.

High net worth and institutional investors were active today and bulk deals were seen Commercial Bank (1.7mn shares at a price range of LKR 170.00-171.00), John Keells Holdings (1.4mn shares at a price range of LKR 196.50-197.00 per share), Dialog Axiata (15.3mn shares at LKR 11.00 per share) and Lanka Orix Finance (33mn shares at LKR 4.20 per share). Total crossings represented 48% of the market turnover.

Further, John Keells Holdings emerged as the top contributor to the market turnover with LKR 360mn followed by Commercial Bank (LKR 330mn), Dialog Axiata (LKR 197mn) and Lanka Orix Finance (LKR 140mn). In addition, the market liquidity improved to record a nearly one month high of 84mn shares.

Market breadth was relatively neutral with 105 stocks rising, 100 stocks declining while 56 counters remained unchanged. Cash map marginally declined to 53% from 55%. 17 counters advanced to 52wk high prices while only Ceylon Leather Products Warrant 14 declined to a 52wk low price of LKR 0.10.

Nations Trust Bank released their interim financial report for the June quarter today with a notable profit growth of 26%YoY. Despite the earnings growth, the counter declined to LKR 105.50, -1% during the session.

Poultry sector counters extended the gains where Bairaha Farms (LKR 141.50), Ceylon Grain Elevator (LKR 65.90) and Three Acre Farms (LKR 83.00) moved to  fresh 52wk high prices.

Dankotuwa porcelain was heavily traded subsequent to the announcement of a right issue. The proportion of the right issue is five for four at LKR 8.00 per share. The counter declined to LKR 11.80 today, but recovered to close at LKR 12.00, -17%. Meanwhile John Keells Holdings warrant 0022 & 0023, Ceylon Grain Elevators and Access Engineering were among mostly traded counters.

Meanwhile several counters declared dividends during the trading session. Arpico Finance and Samson International declared first and final dividends of LKR 3.75 and LKR 2.00 per share respectively while Vidullanka declared an interim dividend of LKR 0.125 per share.
Courtesy: The Sunday Leader 2 August 2015

Back to top  Message [Page 1 of 1]

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