Monday, December 24, 2012

ASPI
MPI
S&P SL 20 Index

Level 23, East Tower, World Trade Centre,

Colombo 01
Tel: +94 11 727 7000,
Fax: +94 11 727 7099
Email: research@equity.softlogic.lk

Holiday sentiment weighs

on bourse as turnover dips
to the lowest since
17.04.2009

Today
5,524.89
5,039.82
3,038.78

Point Change
+ 8.40
- 4.76
+ 4.54

% Change
0.15 % p
-0.09 % q
0.15 % p

YTD Performance
ASPI
MPI
S&P SL 20 Index

-9.0%
-3.6%
-2.0%

Today's Turnover (LKR mn)

Annual Average Daily Turnover (LKR mn)

101.3
888.5

Volume (mn)
Annual Average Daily Volume (mn)

6.5
40.8

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]

CSE Diary for 24.12.2012

Colombo bourse closed in the green ahead of holidays despite the
lackluster momentum. Mid-day turnover read LKR63 mn which
gathered some force to cross the 100mn mark at the end of trading
depicting the lowest turnover since 17.04.2009. The benchmark index
swung between marginal gains and losses as it slipped marginally at its
intra-day low of 5,514.64 points and grasped pace during mid-day
trading to touch 5,536.64 points (+20 points) assisted by gains made in
Nestle Lanka(+3.4%), Bukit Darah (+2.9%) and Sri Lanka Telecom
(+2.6%). The index closed at 5,524.89 points with a gain of 8 points. The
S&P SL20 sketched a similar pattern to the ASPI, as it denoted a
marginal gain at its close of 3,038.78 points.
The days investor attention was centered upon Haycarb as a parcel of
50k shares which was transacted on-board at LKR175.0 led the counter
to spearhead the days turnover. Its price gained 4.2% as it touched
LKR177.9 on thin volumes before settling at LKR175.0 (+2.5%).

PC House highlighted the trading screen, being the key contributor to

the days volume. Two large blocks of c.1.5 mn shares and 750k shares
changed hands at its peak of LKR5.3 (+1.9%). Bukit Darah secured focus
as interest weighed higher on the buying side. A few trades at mid-day
led the share to touch LKR690.0 (+2.9%) at its intra-day high before it
closed at LKR689.7.
Softlogic Holdings edged up the top turnover slot at the last few
minutes of trading with an on-board block of c.95 k shares which

2,122.7
3.3
11.8
8.4
38.4

changed hands at LKR10.50. Its price gained 1.9% at its close of LKR10.5.
Banking cluster players National Development Bank and Sampath Bank
gathered some interest as each counter denoted gains of 1.4% and
1.5% at their respective intra-day high price levels of LKR139.0 and
LKR202.0 on thin volumes. Further, Lanka Milk Foods which encountered
significant foreign interest during the past week, continued to depict
buying interest while it closed at its peak of LKR100.0 (+2.9%).
Piramal Glass saw some renewed activity as two tranches amounting
to 206k shares were seen transacted at price levels of LKR5.80 and
LKR5.90.
Most Asian Stocks Rise as Gold Miners, China Banks Gain; European
Stocks Are Little Changed: Most Asian stocks gained, led by gold
producers and Chinese banks. The MSCI Asia Pacific Index which
includes Japanese shares dropped less than 0.1% to 128.25 today.
European stocks were little changed before the Christmas holiday. The
Stoxx Europe 600 Index fell less than 0.1% to 280.73 at 8:07 a.m. in
London.
Oil Trades near Lowest Level in a Week on US Budget Concern: Oil
traded near the lowest level in almost a week in New York on concern
US lawmakers may fail to avert spending cuts and tax increases that
threaten the economy of the worlds biggest crude consumer. Crude
for February delivery was at USD88.52 a barrel, down 14 cents, in
electronic trading on the New York Mercantile Exchange at 1:18 p.m.

Statistical Look Up
28.12.2012

3 months

10.00

6 months

11.32

12 months

11.69

AWPLR

14.30

Excess Liquidity (LKR 'bn)

Inflation (%)

Index

Week ending

Treasury Bill (%)

as at 24.12.2012

Nov-12

-9.48

YoY Change

9.5

Annual Avg

7.2

5800
5600
5400
5200
5000
4800
4600
4400

ASPI

Index

3000
2950
2900
2850

3,000

80.0

2,500

60.0

2,000
1,500

40.0

1,000

20.0

500
0

Volume ('mn)

Turnover LKR ('mn)

3050

MPI

0.0

S&P SL20

Turnover

Volume

5,503.5
5,011.9
3,009.4

% WoW
Change
0.39%
0.56%
0.97%

-89.44%
-89.44%
-86.23%
-3.98%
0.15%

532.9
4.2
27.0
213
2,114.4

-80.99%
-80.99%
-75.95%
1.88%
0.39%

380.1
69.5
310.5

-96.90%
-87.88%
-98.92%

397.5
295.0
102.5

-97.04%
-97.14%
-96.74%

15.2
2.0
2.4

15.2
2.0
2.4

0.15%
0.15%
0.00%

14.6
2.0
2.4

3.91%
1.63%
0.00%

SECTOR INDICES

Today

Pre Day

% Change

Last Week

Banks & Finance

Food & Beverage
Construction
Diversified
Hotels
Land Property
Manufacturing
Telecom

12,042.4
15,369.5
2,568.1
1,794.8
3,516.3
495.2
2,571.6
161.8

12,051.5
15,397.6
2,580.3
1,796.8
3,493.7
490.4
2,576.4
161.4

-0.08%
-0.18%
-0.47%
-0.11%
0.65%
0.98%
-0.19%
0.24%

Today

Pre Day

All Share Price Index

Milanka Price Index
S&P SL20 Index

5,524.9
5,039.8
3,038.8

5,516.5
5,044.6
3,034.2

Turnover (LKR mn)

Turnover (USD mn)
Volume (mn shares)
Traded Entities
Market Capitalization (LKR bn)

101.3
0.8
6.5
217
2,122.7

959.3
7.6
47.1
226
2,119.5

Foreign Purchases (LKR mn)

Foreign Sales (LKR mn)
Net Foreign Inflow (LKR mn)

11.8
8.4
3.3

Market PER (X)

Market PBV (X)
Market Dividend Yield

Softlogic Equity Research

Change %
0.15% p
-0.09% q
0.15% p

q
q
q
q
p
p
q
p

Last Week

11,984.1
15,399.4
2,512.5
1,780.1
3,552.1
489.8
2,556.6
159.1

% WoW
Change
0.49%
-0.19%
2.21%
0.83%
-1.01%
1.12%
0.59%
1.65%
Page | 2.

High Index Calibre USD350 Mn

Company
JOHN KEELLS HOLDINGS
CARSON CUMBERBATCH
BUKIT DARAH
SRI LANKA TELECOM
COMMERCIAL BANK [V]
DIALOG AXIATA
CEYLON TOBACCO
HNB [V]
AITKEN SPENCE
DISTILLERIES
LOLC
CARGILLS
DFCC BANK
SAMPATH BANK
ASIAN HOTELS & PROPERTIES
NESTLE LANKA

% of
Mkt Cap

Volume

8.7%
4.0%
3.3%
3.7%
3.8%
3.1%
6.9%
2.1%
2.2%
2.3%
1.2%
1.6%
1.4%
1.5%
1.6%
3.8%

11,737
5,082
20,013
152
17,210
53,470
45
1,679
482
6,707
3,173
0
3,608
14,276
509
405

Turnover
LKR ('000)
2,546.98
2,186.73
13,803.75
6.63
1,773.10
438.29
35.43
237.72
56.63
1,093.24
166.68
0.00
396.70
2,847.15
38.68
599.50

Price Gainers
Company

Turnover
USD ('000)
20.16
17.30
109.23
0.05
14.03
3.47
0.28
1.88
0.45
8.65
1.32
0.00
3.14
22.53
0.31
4.74

Intraday
Intraday
High (LKR) Low (LKR)
217.50
440.00
690.00
43.70
103.50
8.30
796.00
143.00
117.50
163.00
52.60
0.00
111.90
202.00
76.00
1,500.00

Close

217.00
430.00
670.00
43.40
102.00
8.10
773.10
141.00
117.40
163.00
52.50
0.00
109.20
199.00
75.90
1,460.00

217.00
430.20
689.70
43.60
103.40
8.10
777.30
142.50
117.50
163.00
52.60
153.00
109.30
199.50
76.00
1,500.00

Today

Change

% Change

729.00
73.50
35.60
436.60
1,350.10

- 99.00
- 8.70
- 3.00
- 33.40
- 99.90

-11.96%
-10.58%
-7.77%
-7.11%
-6.89%

Price Losers
Today

Change

S M B LEASING [X] - Non Voting

0.50
MIRAMAR
96.90
GESTETNER
200.00
TEA SMALLHOLDER
48.00
SERENDIB LAND
1,799.00

+ 0.10
+ 16.40
+ 25.00
+ 5.50
+ 198.90

% Change Company
25.00%
20.37%
14.29%
12.94%
12.43%

AUTODROME
NAMUNUKULA
ABANS FINANCIAL
N D B CAPITAL
NUWARA ELIYA

Top 05 Performers for the Day

Company

Today

Pre Day

175.00
689.70
5.30
10.50
138.50

170.70
670.00
5.20
10.30
137.10

Company

Today

Pre Day

PC HOUSE
SOFTLOGIC
PIRAMAL GLASS
PANASIAN POWER
FREE LANKA

5.30
10.50
5.90
2.40
2.30

5.20
10.30
5.90
2.40
2.30

HAYCARB
BUKIT DARAH
PC HOUSE
SOFTLOGIC
NAT. DEV. BANK

% Change

Volume (mn)

2.52%
2.94%
1.92%
1.94%
1.02%

0.10
0.02
2.30
0.40
0.03

% Change

Volume (mn)

1.92%
1.94%
0.00%
0.00%
0.00%

2.30
0.40
0.28
0.27
0.25

Contribution to
Total T/O
0.8%
0.7%
0.6%
0.2%
0.2%

Turnover
(LKR)
17,500,348
13,803,750
12,175,498
4,190,013
4,150,381

Contribution to
Total T/O
0.6%
0.2%
0.1%
0.0%
0.0%

Turnover
(LKR)
12,175,498
4,190,013
1,644,534
639,678
563,962

Most Active

Softlogic Equity Research

Page | 3.

Currency Board

Announcements

Local - Indicative Rate against LKR

Dividends

Indicative Rate
24.12.2012

Currency
Australia
China
EU
India
Japan
Malaysia
Russia
Saudi Arabia
Singapore
Switzerland
Thailand
UK
USA

Dollar
Yuan
Euro
Rupee
Yen
Ringgit
Rouble
Riyal
Dollar
Franc
Baht
Pound
Dollar

131.40
20.28
166.57
2.30
1.50
41.20
4.10
33.70
103.42
137.89
4.13
204.23
126.37

Company

DPS (LKR)

XD Date

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

No Announcements
0
0
0
0
0
0
0

0
0
0
00-Jan-00
00-Jan-00
00-Jan-00
00-Jan-00
00-Jan-00

Payment Date
00-Jan-00
1/0/1900
1/0/1900
00-Jan-00
00-Jan-00
00-Jan-00
00-Jan-00
00-Jan-00

Rights Issues / Scrip Dividend / Sub division / Capitalization

Description

Company

No Announcements
0
0

0
0
0

Proportion

XR Date

Renunciation

1/0/1900
1/0/1900
1/0/1900

1/0/1900
1/0/1900
1/0/1900

Source: www.cbsl.gov.lk

Global Markets
Index

Value

AMERICA
Dow Jones Industrial Average
S&P 500 Index
EUROPE
EURO STOXX 50 Price EUR
FTSE 100 Index
ASIA
Nikkei 225
Hong Kong Hang Seng Index

Change

Change %

Time*

13,190.8
1,430.2

-120.9
-13.5

-0.91% q
-0.94% q

0-Jan
0-Jan

2,649.6
5,954.2

-1.5
14.1

-0.06% q
0.24% p

05:18
05:18

9,940.1
22,541.2

-99.3
34.9

-0.99% q
0.16% p

01:28
23:05

* Time is as at ET

Source: www.bloomberg.com

Commodity Markets
Commodity
ENERGY
Crude Oil (Brent)
Crude Oil (WTI)
AGRICULTURE
ICE Cotton #2
CBOT Wheat
METALS
COMEX Gold
COMEX Silver
COMEX Copper

Units

Price

Change

Change %

Time*

USD/bbl.
USD/bbl.

108.67
88.65

-0.30
-0.01

-0.28% q
-0.01% q

05:26
05:26

USd/lb.
USd/bu.

76.22
793.75

0.04
1.75

0.05% p
0.22% p

05:20
05:25

USD/t oz.
USD/t oz.
USd/lb.

1,664.60
30.32
355.75

4.50
0.11
-0.95

0.27% p
0.37% p
-0.27% q

05:26
05:26
05:27

* Time is as at ET

Source: www.bloomberg.com

Softlogic Equity Research

Page | 4.

CSE Announcements
Singer Sri Lanka [SINS: LKR98.0]: The debentures of the company will be
listed on the Debt Securities Main Board of the CSE.
Debenture Type
Fixed Rate Debentures (17%) payable quarterly

Security Code
SINS.D0176

Softlogic Holdings [SHL: LKR10.5]: The Board of SHL wishes to announce that it is a party to a Loan
agreement entered into by Uni Walkers (Private) Limited ("UWL") and Uni Walker Distributors (Private)
Limited which are subsidiaries of SHL with International Finance Corporation ("IFC") to raise USD15 mn for
Uni Walkers (Private) Limited. Out of which USD10 mn will be granted as a quasi-equity and USD5 mn win be
granted as a Loan. The tenure of the loan is 10 years with a grace of 3 - 5 years. The entire loan wilt be drawn
down in USD. The Company also announces that the necessary approvals from the Centrat Bank of Sri Lanka
have been obtained for the above. The signing of this agreement with IFC is for the purposes of expansion of
the retail operations of UWL by increasing the number of retaii stores to 280, provision of working capital for
the expansion of UWL retail operations and for a consumer finance product resulting in greater penetration
of the retail operations of UWL in new markets.
Disclosure on Related party dealings:
Company
People's Finance [SMLL : LKR34.6]

Name

Relationship

People's Leasing & Finance [PLC : LKR13.0]

Parent Company

Transaction Quantity
Purchase

1,277

Price
(LKR)

Date

34.5

21.12.2012

Local News
Sri Lanka Treasuries yields fall further: Sri Lanka Treasuries yields fell further at Monday's auction held
two days earlier due to Christmas holidays, with the 12-month yield falling as much as 49 basis points to
11.69%.The 3-month yield fell 23 basis points to 10% and the 6-month yield fell 21 basis points to 11.32
basis points. The state debt office, which is a unit of the Central Bank said LKR15 bn of maturing bills
were offered to the market and LKR16.9 bn of offers accepted.
[Source: www.lbo.lk]
Sri Lanka to list state firms: Sri Lanka will list more state firms in the Colombo Stock Exchange as well as
encouraging more privately owned companies list, international monetary co-operation and deputy
finance minister said. Listing more companies "both private and public" are among a series of initiatives
that the state will pursue in the next two to three years, minister Amunugama said in a speech at a
award ceremony held by Sri Lanka's Securities and Exchange Commission. "The primary reason for small
capitalization at the CSE is the fact that there are only 288 listed companies though there are more than
10,000 registered and operationally active companies in the country, We need to identify the reasons for
why companies are reluctant to get listed and encourage them by creating more awareness of the
benefits involved. We must show companies that CSE in an ideal forum to raise capital and make the
listing process less cumbersome. We are hoping to increase to double the number of companies listed on
CSE by 2016. The market liquidity can be increased by increasing the number of listed companies." Others
however have said that a key reason for the smaller capitalization is large sections of the economy such
as energy and banking, which makes up a significant portion of stock markets in countries with more
economic freedom are owned by the state in Sri Lanka. Amunugama said unit trusts (mutual funds)
could help mobilize savings.
Softlogic Equity Research

Page | 5
5

[Source: www.lbo.lk]
Every Lankan shoulders LKR300,000 debt: CBSL data: The average national debt shouldered by each Sri
Lankan has risen by 25% to reach LKR308,171 (USD2,371), from end of last years LKR245, 980 (USD1,892),
the monthly economic statistics released by the Central Bank of Sri Lanka showed. Referred to as Debt Per
Capita, in economic terms is calculated as total outstanding government debt divided by the mid-year
population of an economy. According to the latest figures by the Department of Census and Statistics, the
population in 2012 is 20,277,597.The total outstanding government debt which stood at LKR5,133 bn last
December increased by LKR1,115.6 bn to reach LKR6,248.9 bn during the first eight months of this year. The
total domestic debt increased by LKR449 bn, up 16% to reach 3,253 bn and foreign debt by LKR666.5 bn, up
by 28.6% to record LKR2,995.8 bn during the period. According to economists, high debt cost amid slow
growth in export earnings (8.3% YoY) against growth in imports (11.2% YoY) in the first nine months could
lead the country in to a foreign debt trap situation, as the country might opt for foreign borrowings to
service earlier debt, and as a result the foreign debt servicing cost (capital + interest) is also expected to
surge substantially.
[Source: www.dailymirror.lk]

Dialog Television launches Pay-Per-Day Prepaid TV: Dialog Television, Sri Lankas leading Direct-to-Home
Digital Satellite TV announced the launch of Sri Lankas first ever Prepaid Television Service. The
revolutionary Pay-As-You-Watch TV service from Dialog Axiata [DIAL: LKR8.1] enables subscribers to select
Channels genres or individual channels and pay for them on a Per-Day basis. With Channel Genres starting
low daily rates the prepaid service from Dialog is expected to bring best in class Pay Television content
within reach of a wide spectrum of Sri Lankan households. Dialog TV provides Sri Lankan homes from across
the country with a selection of over 70 channels spanning best in class local and international content.
Subscribers have the option of adding channels to their basic package. Alternatively subscribers could
benefit from a range of value package offers from daily rentals to watch all rentals. Topping up (Reloading) a
Dialog TV connection has been made simple and convenient with subscribers being able to reload at over
60,000 service points across Sri Lanka or by using a Dialog Recharge Card via any mobile phone using SMS or
IVR.
[Source: www.dailynews.lk]
Mobitel and Janashakthi partner to provide novel insurance cover for Mobitel customers: Positioned as the
National Mobile Service Provider that Cares Always, Mobitel once again expresses the brands commitment
to support and empower its customers and the nation by providing insurance covers to their customers. Sri
Lanka Telecom Mobitel strategically partnered with Janashakthi Insurance [JINS: LKR10.4] recently to
provide an SMS-based Insurance cover to both Mobitel Pre-paid and Post-paid customers. This enables them
to subscribe to an insurance policy on a LKR50 (inclusive of all taxes) per month installment scheme.
Installments need to be paid on a regular basis for the full insurance coverage to be applicable. mInsurance
offers all Mobitel customers a coverage of LKR100,000 in cases of natural death, and a LKR500,000 coverage
in cases of accidental death and/or permanent disability.
[Source: www.ft.lk]
Rising per capita GDP, key to Northern prosperity: The countrys war ravaged Northern Province has
recorded the highest growth rate in 2011, improving its rank to sixth position from ninth in a prosperity
index calculated by the Central Bank. The Northern Province recorded the highest growth rate and improved
its rank to sixth position in 2011 from ninth position in the previous year mainly on account of an increase in
per capita GDP, bank density, road density and schools with English medium classes and computer facilities,
the Central Bank said in a statement. However, the bank noted that compared to other provinces, North
recorded a lower performance in G.C.E. (O/L) pass rate and an increase in reported crimes. The Sri Lanka
Prosperity Index was introduced by the Central Bank in 2008 and consists of three sub-indices, namely the
Economy and Business Climate subindex, Well-being of the People sub-index and the Socio-Economic
Infrastructure sub-index. The Prosperity Index of all provinces increased during 2009-2011 with an
improvement in all three sub-indices. During the period, the top five ranks in the SLPI were maintained by
the Western, Southern, Central, North Western and Sabaragamuwa provinces respectively while Uva
Softlogic Equity Research
Page | 6
6

Province was ranked last in the SLPI. However, the other war-affected province in the country, the Eastern
Province recorded the lowest growth rate in terms of SLPI and its relative position declined to eight in 2011
from six in 2010. The key reasons for the rank fall was, lower performance in employment, poor household
percentage, secondary school attainment, G.C.E. O/L pass rate and telecommunication and computer
facilities compared to other provinces.
[Source: www.dailymirror.lk]

Increasing labour productivity could be construed as reducing real wages: Metropolitan Resource Holdings
PLC Main Board Director and Bogawantalawa Tea Estates [BOPL: LKR12.3] CEO Jayampathy Molligoda, said
that the recent wage increase not being tied to productivity, was a very sensitive area where efforts of the
company in increasing the labour productivity could be construed by the workers as a reduction of wages in
real terms. "This may be one of the reasons as to why the RPCs have not been able to link previous wage
increases to real productivity gains. All the stakeholders, namely the owners /Management of RPCs, the
government, its policy makers and the trade unions need to get together and discuss this issue in the best
interest of the future of our tea plantations," he said.
[Source: www.island.lk]

Global News
Singapores Inflation Rate Eased to Two-Year Low in November: Singapores inflation slowed to a two-year
low in November as gains in costs of housing and transportation eased. The consumer price index rose 3.6%
from a year earlier, after climbing 4% in October, the Department of Statistics said in a statement today. The
median estimate of 15 economists in a Bloomberg News survey was for a 3.8% increase. The November core
inflation rate was 2%. The Southeast Asian nation tightened monetary policy in 2012 while neighbors from
Thailand to the Philippines cut interest rates, spurring gains in the currency even as the government predicts
GDP will rise at the slowest pace in three years. The Monetary Authority of Singapore predicts inflation will
average more than 4.5% this year and will be in a 3.5%-to-4.5% range in 2013.
[Source: www.bloomberg.com]
IMF Urges France to Boost Competitiveness: The International Monetary Fund called for wage moderation
in France, an overhaul of the countrys labor market and more competition in its services sector as Europes
second-largest economy loses export market share and faces a fragile growth outlook. Economic growth
remains sluggish and the near-term outlook is subject to downside risks, IMF executive directors said in a
statement released yesterday, a day after meeting to discuss Frances economy. The main challenge going
forward would be to further strengthen the recovery, while addressing the competitiveness gap vis--vis
trading partners and safeguarding financial stability. French President is grappling with an economy that is
on the verge of recession and has said that 2013 would be a very tough year, with unemployment, already at
a 14- year high, still set to rise. Hes also cut payroll taxes and is trying to make the labor market more
flexible in an attempt to stem the countrys competitiveness loss.
[Source: www.bloomberg.com]
Australia Sees Surplus in 2014 as Forecast Slips on Revenue Drop: Australias budget should return to
surplus in 2014 even as a drop in tax revenue forced the government to give up a pledge to balance its books
in the current fiscal year, the countrys trade minister said. The original target of a surplus in the fiscal year
ending June 2013 could be achieved if positive signs around household spending continue through the rest
of the year, Craig Emerson said in an interview on Sky News television yesterday. The countrys Treasurer
Wayne Swan said Dec. 20 the government was unlikely to have a surplus because of a fall in tax revenues.
[Source: www.bloomberg.com]
Colombia Cuts Rate to 4.25% to Lift Slowest Andean Growth: Colombias central bank cut interest rates for
a second consecutive meeting today, as policy makers try to revive the slowest economic growth in the
Andean region. Banco de la Republica, led by bank Governor, cut its benchmark interest rate by a quarter
Softlogic Equity Research

Page | 7
7

point to 4.25%, as forecast by 11 of 32 analysts surveyed by Bloomberg. Twenty-one analysts forecast no

change in the rate. Uribe said the vote wasnt unanimous. The Colombian economy is growing below its
potential, and observed and projected inflation is falling below the 3% target with no looming upward
pressure on it in the future, policy makers said in their statement posted on the banks web site. Speaking
after the decision in Bogota, Finance Minister Mauricio Cardenas said the economys potential growth rate is
4.3% to 4.8%.
[Source: www.bloomberg.com]
IMF Says Turkeys Central Bank Should Focus on Inflation Control: The Turkish central bank should be more
focused on meeting its inflation target because its multiple monetary policy tools are blurring signals, the
International Monetary Fund staff said. While the monetary policy framework put into place by Central Bank
Governor aims to achieve both price and financial stability, inflation has remained well above target, IMF
economists said in an annual assessment of the countrys economic policy dated Oct. 31 and released
yesterday. It recommended a return to a more conventional framework. The new framework, relying on a
battery of novel instruments to gain degrees of freedom in segmenting domestic and international interest
rates, has not yet proved its superiority, the IMF wrote. Monetary policy in Turkey has been led in a way the
IMF said in the report is unconventional, relying on a variety of instruments instead of one interest rate in
an attempt to stem capital inflows. The bank forecast Oct. 24 that inflation will reach 7.4% by the end of the
year. Its target is 5%.
[Source: www.bloomberg.com]
Qatar 2012-2013 Forecasts Rise on Non-Energy Growth: Qatar, the worlds biggest liquefied natural gas
exporter, has raised its forecasts for economic growth this year and in 2013 as non-energy industries
expand. The nations real GDP will increase 6.3% in 2012, compared with a previous forecast of 6.2%, while
economic growth in 2013 may rise to 4.8% compared with an estimate of 4.5% in June, the General
Secretariat for Development Planning said in a statement today. Half of Qatars economy will be based on
petroleum production next year, the government said. The countrys economic growth was the fastest in the
world in 2011 and 2010, according to the International Monetary Fund. The expansion was driven by the
completion of 14 gas liquefaction plants, raising exports of the fuel. No further plants are planned amid a
moratorium on development of the North Field, the worlds largest gas reservoir. Construction will pick up as
infrastructure projects begin to take effect after delays and we are also expecting growth in high valueadded services such as financial services, transportation and communication, director of the department of
economic development at the planning body, told reporters today. All of the growth will come from non-oil
and gas until about 2015, when a natural gas project called Barzan begins operation, he said.
[Source: www.bloomberg.com]

Softlogic Equity Research

Page | 8
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Daily Stock Movements

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AAF -N-0000
AAIC-N-0000
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AEL -N-0000
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AGAL-N-0000
AGST-N-0000
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AHPL-N-0000
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AMF -N-0000
AMSL-N-0000
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ASHO-N-0000
ASIR-N-0000
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ATL -N-0000
AUTO-N-0000
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BBH -N-0000
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CHL -N-0000
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CHMX-N-0000
CHOT-N-0000
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CIC -N-0000
CIC -X-0000
CIFL-N-0000
CIND-N-0000
CINS-N-0000
CINS-X-0000
CINV-N-0000
CIT -N-0000

ASIA ASSET
ASIAN ALLIANCE
ABANS
ASIA CAPITAL
ACL
ACME
ACCESS ENG SL
ABANS FINANCIAL
AGALAWATTE
AGSTARFERTILIZER
AGSTARFERTILIZER[NON VOTING]
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ALLIANCE
ALUFAB
CAPITAL LEASING
AMF CO LTD
ASIRI SURG
ACL PLASTICS
ARPICO
ASCOT HOLDINGS
ASIRI CENTRAL
LANKA ASHOK
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BAIRAHA FARMS
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CFI
CENTRAL FINANCE
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FORT LAND
CFT
FIRST CAPITAL
DURDANS
DURDANS[NON VOTING]
CHEMANEX
HOTELS CORP.
CITY HOUSING
CIC
CIC[NON VOTING]
CIFL
CENTRAL IND.
CEYLINCO INS.
CEYLINCO INS.[NON VOTING]
CEYLON INV.
CIT

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Turnover

2.40
89.80
92.00
32.50
64.50
13.50
17.90
38.70
32.70
5.90
0.00
76.00
73.80
0.00
22.00
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9.50
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185.00
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5.10
212.00
1.60
830.00
38.70
17.80
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3.90
1.80
22.20
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690.00
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55.00
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68.00
805.00
0.00
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2.50
89.80
92.00
32.50
64.80
13.80
17.90
39.00
32.70
5.90
0.00
76.00
73.80
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22.00
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9.50
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185.00
225.00
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11.30
5.10
223.00
1.70
830.00
38.70
17.80
2.60
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19.90
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22.20
12.50
400.00
121.00
690.00
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440.00
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15.30
63.60
55.00
4.20
68.00
805.00
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2.40
88.90
92.00
32.50
64.50
13.50
17.50
35.00
32.50
5.70
0.00
75.90
72.00
0.00
22.00
0.00
0.00
9.20
0.00
0.00
184.90
225.00
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11.30
5.10
210.10
1.60
729.00
36.10
17.60
2.40
146.00
3.70
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17.00
3.90
1.80
20.40
12.30
400.00
121.00
670.00
0.00
20.50
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430.00
125.00
40.00
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435.00
63.50
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160.00
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32.10
5.90
11.70
93.00
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75.00
20.20
15.30
63.50
55.00
4.10
68.00
805.00
0.00
0.00
0.00

2.40
88.90
92.00
32.50
64.60
13.50
17.70
35.60
32.50
5.70
15.00
76.00
72.00
701.00
22.00
22.40
336.00
9.20
94.50
78.00
184.90
225.00
1659.10
11.30
5.10
214.90
1.60
729.00
36.10
17.70
2.50
146.20
3.80
72.50
19.10
4.00
1.80
20.90
12.30
400.00
121.00
689.70
78.20
20.50
29.20
153.00
430.20
125.00
40.00
30.00
436.60
63.50
115.90
160.00
14.00
32.50
5.90
11.80
93.00
67.00
75.00
20.30
15.30
63.50
55.00
4.10
68.00
805.00
335.90
79.90
119.00

10
4
2
1
3
5
23
11
4
3
0
3
6
0
3
0
0
2
0
0
2
4
0
2
4
11
19
3
8
6
9
9
8
0
11
17
14
17
2
4
2
16
0
1
0
0
5
2
3
1
3
1
0
1
0
11
3
2
1
0
2
19
1
4
2
9
1
3
0
0
0

12,005
340
1,000
10
1,200
12,153
44,901
5,050
43
76
0
509
409
0
15
0
0
5,001
0
0
2,001
145
0
41
153
508
189,535
19
609
301
7,302
242
6,102
0
3,420
81,189
105,228
2,281
2
15
27
20,013
0
1
0
0
5,082
5
322
50
32
1
0
700
0
5,700
2,001
595
10
0
33
100
70
87
199
14,315
300
1,034
0
0
0

28,813
30,272
92,000
325
77,514
164,066
790,878
180,792
1,400
443
0
38,683
29,554
0
330
0
0
46,010
0
0
369,985
32,625
0
463
780
109,020
303,659
14,154
22,257
5,338
18,055
35,459
22,988
0
61,869
323,844
189,410
47,323
25
6,000
3,267
13,803,750
0
21
0
0
2,186,730
625
12,896
1,500
13,971
64
0
112,000
0
187,514
11,806
7,012
930
0
2,475
2,028
1,071
5,527
10,945
58,742
20,400
832,370
0
0
0

Softlogic Equity Research

Page | 9
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Ticker

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CITH-N-0000
CITK-N-0000
CITW-N-0000
CLC -N-0000
CLND-N-0000
CLPL-N-0000
CLPL-W-0012
CLPL-W-0013
CLPL-W-0014
COCO-N-0000
COCO-X-0000
COCR-N-0000
COLO-N-0000
COLO-R-0000
COMB-N-0000
COMB-P-0005
COMB-X-0000
COMD-N-0000
CONN-N-0000
CPRT-N-0000
CRL -N-0000
CSD -N-0000
CSEC-N-0000
CSF -N-0000
CSF -W-0021
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CTC -N-0000
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CTEA-N-0000
CTHR-N-0000
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CWM -N-0000
DFCC-N-0000
DIAL-N-0000
DIMO-N-0000
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DIST-N-0000
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DPL -N-0000
EAST-N-0000
EBCR-N-0000
ECL -N-0000
EDEN-N-0000
ELPL-N-0000
EMER-N-0000
EQIT-N-0000
ESL -N-0000
ETWO-N-0000
EXPO-N-0000
FLCH-N-0000
GEST-N-0000
GHLL-N-0000
GLAS-N-0000
GOOD-N-0000
GRAN-N-0000
GREG-N-0000
GREG-P-0002
GREG-W-0002
GREG-W-0003
GREG-W-0006
GSF -N-0000
GUAR-N-0000
HAPU-N-0000
HARI-N-0000
HASU-N-0000
HAYC-N-0000
HAYL-N-0000
HDEV-N-0000
HDFC-N-0000
HEXP-N-0000
HHL -N-0000
HNB -N-0000
HNB -X-0000
HOPL-N-0000

CITRUS HIKKADUWA
CITRUS KALPITIYA
CITRUS WASKADUWA
COMM LEASE & FIN
COLOMBO LAND
CEYLON LEATHER
CEYLON LEATHER[WARRANTS]
CEYLON LEATHER[WARRANTS]
CEYLON LEATHER[WARRANTS]
RENUKA SHAW
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COLONIAL MTR
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COMMERCIAL BANK
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COMMERCIAL DEV.
AMAYA LEISURE
CEYLON PRINTERS
SOFTLOGIC FIN
SEYLAN DEVTS
DUNAMIS CAPITAL
NATION LANKA
NATION LANKA[WARRANTS]
CEYLON TEA BRKRS
CEYLON TOBACCO
AVIVA N D B
TEA SERVICES
C T HOLDINGS
C T LAND
C.W.MACKIE
DFCC BANK
DIALOG
DIMO
DIPPED PRODUCTS
DISTILLERIES
DOCKYARD
DANKOTUWA PORCEL
EAST WEST
E B CREASY
E - CHANNELLING
EDEN HOTEL LANKA
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EQUITY
ENTRUST SEC
EQUITY TWO PLC
EXPOLANKA
FREE LANKA
GESTETNER
GALADARI
PIRAMAL GLASS
GOOD HOPE
GRAIN ELEVATORS
ENVI. RESOURCES
ENVI. RESOURCES
ENVI. RESOURCES[WARRANTS]
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G S FINANCE
CEYLON GUARDIAN
HAPUGASTENNE
HARISCHANDRA
HNB ASSURANCE
HAYCARB
HAYLEYS
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HDFC
HAYLEYS FIBRE
HEMAS HOLDINGS
HNB
HNB[NON VOTING]
HORANA

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24.00
6.50
6.20
3.80
32.50
74.20
0.00
5.00
5.40
35.10
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16.20
145.10
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102.00
0.00
90.00
63.00
82.50
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24.00
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12.70
9.30
1.90
5.70
796.00
0.00
655.00
124.00
24.40
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111.90
8.30
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163.00
213.00
15.00
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5.70
34.40
18.40
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19.00
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7.00
2.40
250.00
13.70
5.90
0.00
55.00
14.80
0.00
0.00
3.80
3.90
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170.00
41.90
2599.50
48.00
175.00
0.00
0.00
52.00
26.00
26.70
141.00
110.50
25.40

24.00
6.50
6.40
3.80
33.20
74.20
0.00
5.00
5.40
35.90
0.00
16.30
145.10
0.00
103.50
0.00
90.50
63.00
85.00
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24.00
8.70
12.90
9.30
1.90
5.80
796.00
0.00
655.00
124.00
24.50
76.80
111.90
8.30
600.00
0.00
163.00
215.00
15.00
13.70
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5.70
34.40
18.40
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0.00
19.00
0.00
7.00
2.40
250.00
13.70
5.90
0.00
55.00
14.80
0.00
0.00
3.80
4.00
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170.00
41.90
2599.50
50.00
177.90
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0.00
52.00
26.00
26.70
143.00
110.80
25.40

23.90
6.40
6.20
3.80
32.10
74.10
0.00
4.90
5.00
35.10
0.00
16.20
145.00
0.00
102.00
0.00
90.00
63.00
82.00
0.00
24.00
8.50
12.50
9.10
1.90
5.70
773.10
0.00
655.00
123.00
24.40
76.00
109.20
8.10
600.00
0.00
163.00
213.00
14.70
13.50
0.00
5.60
34.40
17.20
0.00
0.00
19.00
0.00
6.90
2.30
200.00
13.30
5.80
0.00
54.40
14.70
0.00
0.00
3.60
3.90
0.00
170.00
38.60
2599.50
48.00
170.10
0.00
0.00
52.00
26.00
26.70
141.00
110.50
24.00

23.90
6.40
6.20
3.80
32.50
74.10
1.80
4.90
5.00
35.90
28.80
16.20
145.10
40.00
103.40
9.00
90.10
63.00
85.00
1827.00
24.00
8.70
12.90
9.20
1.90
5.80
777.30
319.10
655.00
124.00
24.50
76.00
109.30
8.10
600.00
110.00
163.00
213.00
14.70
13.60
1010.10
5.60
34.40
17.30
10.20
32.80
19.00
26.30
6.90
2.30
200.00
13.50
5.90
1299.00
54.40
14.70
0.00
2.90
3.60
3.90
552.50
170.00
38.60
2599.50
48.00
175.00
292.00
94.80
52.00
26.00
26.70
142.50
110.70
24.10

3
11
4
2
27
3
0
29
19
7
0
8
4
0
29
0
8
2
3
0
3
4
4
28
12
2
10
0
1
7
3
2
16
8
7
0
16
3
16
5
0
3
2
5
0
0
1
0
14
41
4
6
41
0
9
17
0
0
16
45
0
1
6
1
6
7
0
0
1
2
2
11
8
8

101
16,505
43
101
21,160
520
0
38,600
29,059
610
0
5,701
300
0
17,210
0
2,861
100
230
0
1,510
2,600
5,010
53,076
25,000
101
45
0
2
3,169
130
103
3,608
53,470
207
0
6,707
997
29,151
4,546
0
736
1,200
1,326
0
0
1
0
15,234
245,026
112
222
282,589
0
2,309
34,853
0
0
101,032
134,843
0
50
138
3
1,200
100,002
0
0
15
25
631
1,679
7,224
1,161

2,424
105,633
267
384
687,391
38,534
0
190,946
145,309
21,730
0
92,356
43,520
0
1,773,103
0
258,561
6,300
19,210
0
36,240
22,307
62,663
489,387
47,500
576
35,428
0
1,310
392,849
3,182
7,830
396,698
438,290
124,200
0
1,093,241
212,369
430,520
61,421
0
4,122
41,280
22,892
0
0
19
0
105,265
563,962
22,501
2,993
1,644,534
0
126,335
513,620
0
0
363,719
526,149
0
8,500
5,330
7,799
57,602
17,500,348
0
0
780
650
16,848
237,715
799,677
28,053

Softlogic Equity Research

Page | 10
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HPFL-N-0000
HPWR-N-0000
HSIG-N-0000
HUEJ-N-0000
HUNA-N-0000
HUNT-N-0000
HVA -N-0000
IDL -N-0000
INDO-N-0000
JFIN-N-0000
JINS-N-0000
JKH -N-0000
JKL -N-0000
KAHA-N-0000
KAPI-N-0000
KCAB-N-0000
KDL -N-0000
KFP -N-0000
KGAL-N-0000
KHC -N-0000
KHC -P-0002
KHL -N-0000
KOTA-N-0000
KURU-N-0000
KVAL-N-0000
KZOO-N-0000
LALU-N-0000
LAMB-N-0000
LCEM-N-0000
LCEY-N-0000
LDEV-N-0000
LFIN-N-0000
LGL -N-0000
LGL -X-0000
LHCL-N-0000
LHL -N-0000
LIOC-N-0000
LION-N-0000
LITE-N-0000
LLUB-N-0000
LMF -N-0000
LOFC-N-0000
LOLC-N-0000
LPRT-N-0000
LVEN-N-0000
LWL -N-0000
MADU-N-0000
MAL -N-0000
MAL -X-0000
MARA-N-0000
MASK-N-0000
MBSL-N-0000
MEL -N-0000
MERC-N-0000
MFL -N-0000
MGT -N-0000
MIRA-N-0000
MORI-N-0000
MORI-X-0000
MPRH-N-0000
MRH -N-0000
MSL -N-0000
MULL-N-0000
NAMU-N-0000
NAVF-U-0000
NDB -N-0000
NEH -N-0000
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HYDRO POWER
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HUEJAY
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HUNTERS
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INFRASTRUCTURE
INDO MALAY
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6.70
20.50
80.50
75.00
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318.00
12.40
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0.00
0.00
10.40
217.00
60.20
33.40
25.50
70.00
15.00
72.00
105.90
0.00
0.00
13.50
77.00
20.30
83.40
2200.00
32.00
37.50
0.00
150.00
7.20
0.00
23.90
17.10
37.70
44.90
20.00
0.00
6.70
204.40
100.00
3.70
52.50
0.00
0.00
57.60
16.70
4.80
0.00
7.00
12.40
19.50
0.00
0.00
0.00
11.00
96.90
0.00
121.00
20.00
20.40
0.00
1.60
82.20
0.00
137.10
1350.10
1460.00
3.10
6.80
54.40
19.70
3000.00
14.00

6.70
21.50
80.50
75.00
0.00
318.00
12.40
0.00
0.00
0.00
10.40
217.50
60.20
33.40
26.00
70.00
15.00
75.00
106.90
0.00
0.00
13.60
77.00
20.30
83.40
2200.00
33.50
37.50
0.00
150.00
7.20
0.00
24.00
17.10
38.30
45.00
20.00
0.00
6.70
204.40
100.00
3.80
52.60
0.00
0.00
57.60
16.70
4.80
0.00
7.10
12.40
19.80
0.00
0.00
0.00
11.00
96.90
0.00
121.00
20.30
20.50
0.00
1.60
82.20
0.00
139.00
1350.10
1500.00
3.10
6.80
54.50
19.70
3000.00
14.30

6.70
20.50
80.50
75.00
0.00
318.00
12.20
0.00
0.00
0.00
10.40
217.00
60.00
33.00
25.00
70.00
15.00
72.00
102.40
0.00
0.00
13.50
74.00
20.20
75.50
2200.00
32.00
36.50
0.00
150.00
7.20
0.00
23.90
17.10
37.50
44.90
19.40
0.00
6.60
203.50
100.00
3.60
52.50
0.00
0.00
57.60
15.40
4.60
0.00
7.00
12.00
19.50
0.00
0.00
0.00
11.00
96.80
0.00
121.00
19.00
20.00
0.00
1.60
73.20
0.00
137.00
1350.10
1460.00
3.00
6.70
54.00
19.70
3000.00
14.00

6.70
21.40
80.50
75.00
56.50
318.00
12.30
140.00
1550.00
250.00
10.40
217.00
60.00
33.40
26.00
70.00
15.00
75.00
102.40
9.40
0.00
13.50
74.00
20.20
75.50
2200.00
33.00
36.50
9.20
150.00
7.20
148.80
24.00
17.10
37.50
45.00
19.50
279.90
6.60
203.60
100.00
3.70
52.60
90.00
32.80
57.60
15.50
4.60
4.30
7.10
12.00
19.80
12.50
2200.00
27.50
11.00
96.90
182.00
121.00
19.00
20.00
149.60
1.60
73.50
65.00
138.50
1350.10
1500.00
3.00
6.70
54.50
19.70
3000.00
14.00

2
12
2
1
0
1
22
0
0
0
1
13
7
5
12
1
4
5
3
0
0
10
7
3
6
27
12
9
0
3
34
0
8
9
21
3
24
0
2
3
15
40
8
0
0
1
92
13
0
17
4
11
0
0
0
6
2
0
1
3
11
0
9
7
0
23
4
4
9
2
11
4
1
9

799
12,126
99
200
0
1
16,081
0
0
0
100
11,737
1,700
101
3,011
200
300
5,053
503
0
0
33,040
6,501
210
924
110
11,020
3,599
0
600
23,776
0
8,800
8,400
49,984
884
29,118
0
108
635
25,662
223,265
3,173
0
0
210
78,745
29,901
0
25,269
1,297
5,582
0
0
0
7,300
2
0
10
601
2,300
0
100,100
458
0
29,910
10
405
20,566
2,500
22,268
3,500
1
3,800

5,353
257,236
7,970
15,000
0
318
197,541
0
0
0
1,040
2,546,981
102,130
3,369
78,017
14,000
4,500
378,685
51,519
0
0
446,054
481,577
4,243
72,842
242,000
362,669
131,964
0
90,000
171,187
0
211,190
143,640
1,881,361
39,740
566,189
0
714
129,272
2,566,200
810,290
166,683
0
0
12,096
1,227,660
137,545
0
177,690
15,564
110,139
0
0
0
80,300
194
0
1,210
12,019
46,150
0
160,160
33,768
0
4,150,381
13,501
599,500
61,708
16,788
1,211,386
68,950
3,000
53,721

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56.00
0.00
14.50
19.00
135.00
2.50
0.00
0.00
5.30
7.40
10.20
0.00
0.00
489.90
13.00
14.70
4.60
0.00
24.80
0.00
0.00
3.90
0.00
228.00
33.00
17.50
0.00
36.10
0.00
16.00
7.80
44.00
2.50
200.00
7.00
76.20
0.00
0.90
0.00
0.00
0.50
17.00
57.90
35.00
0.00
13.20
0.00
3.10
0.00
275.00
10.40
23.60
0.00
0.00
0.00
0.00
0.00
98.00
2.30
1799.00
43.70
34.60
0.00
0.00
132.00
117.50
36.50
0.00
28.90
0.00
49.60
29.50
0.00
0.00

56.00
0.00
14.50
19.00
135.00
2.50
0.00
0.00
5.40
7.80
10.20
0.00
0.00
489.90
13.10
15.00
4.70
0.00
24.80
0.00
0.00
3.90
0.00
228.00
33.00
17.70
0.00
36.70
0.00
16.00
7.80
44.00
2.50
202.00
7.00
77.00
0.00
0.90
0.00
0.00
0.50
17.30
57.90
35.20
0.00
13.30
0.00
3.10
0.00
275.00
10.70
23.60
0.00
0.00
0.00
0.00
0.00
98.00
2.50
1799.00
43.70
34.60
0.00
0.00
132.00
117.50
36.50
0.00
28.90
0.00
49.60
29.50
0.00
0.00

56.00
0.00
14.30
18.90
135.00
2.40
0.00
0.00
5.20
7.40
9.50
0.00
0.00
489.90
13.00
14.70
4.60
0.00
24.00
0.00
0.00
3.80
0.00
228.00
33.00
15.50
0.00
36.00
0.00
15.40
7.70
44.00
2.40
199.00
6.80
75.20
0.00
0.90
0.00
0.00
0.40
17.00
55.10
35.00
0.00
13.00
0.00
3.00
0.00
275.00
10.30
23.60
0.00
0.00
0.00
0.00
0.00
98.00
2.30
1799.00
43.40
34.60
0.00
0.00
132.00
117.40
34.50
0.00
28.80
0.00
49.00
29.00
0.00
0.00

56.00
15.40
14.40
18.90
135.00
2.40
1220.00
14.20
5.30
7.50
9.90
50.00
39.00
489.90
13.00
14.80
4.70
94.90
24.10
32.90
0.10
3.90
58.30
228.00
33.00
16.00
56.50
36.70
24.50
15.50
7.80
44.00
2.50
199.50
6.90
76.50
1120.00
0.90
0.70
0.10
0.50
17.10
55.10
35.20
50.00
13.00
82.00
3.00
900.00
275.00
10.50
23.60
17.30
65.00
86.00
88.10
134.50
98.00
2.40
1799.00
43.60
34.60
3.70
205.10
132.00
117.50
36.00
23.50
28.80
8200.00
49.50
29.30
80.00
4.70

1
0
3
2
1
34
0
0
33
3
4
0
0
5
26
6
3
0
6
0
0
8
0
1
2
4
0
3
0
7
20
2
9
30
4
42
0
3
0
0
9
4
12
19
0
32
0
8
0
1
51
1
0
0
0
0
0
2
23
1
6
1
0
0
1
5
3
0
3
0
13
21
0
0

25
0
1,700
225
25
266,303
0
0
2,297,378
10,000
28,020
0
0
23
127,900
2,750
701
0
10,100
0
0
19,702
0
1
1,400
2,519
0
2,657
0
3,300
103,089
250
24,710
14,276
6,382
3,595
0
40,000
0
0
54,289
2,550
6,675
14,800
0
83,169
0
18,304
0
900
399,111
3,825
0
0
0
0
0
27
77,501
3
152
100
0
0
100
482
536
0
55
0
4,351
1,910
0
0

1,400
0
24,510
4,255
3,375
639,678
0
0
12,175,498
74,945
278,204
0
0
11,268
1,662,780
40,470
3,255
0
243,030
0
0
76,468
0
228
46,200
44,355
0
95,702
0
51,680
796,514
11,000
61,435
2,847,153
44,286
272,893
0
36,000
0
0
21,776
43,655
369,255
520,240
0
1,085,674
0
54,932
0
247,500
4,190,013
90,270
0
0
0
0
0
2,646
185,003
5,397
6,626
3,460
0
0
13,200
56,630
18,584
0
1,586
0
214,160
55,925
0
0

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TFC -N-0000
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TESS AGRO
THE FINANCE CO.
THE FINANCE CO.[NON VOTING]
TRADE FINANCE
LANKA FLOORTILES
TEXTURED JERSEY
TOKYO CEMENT
TOKYO CEMENT[NON VOTING]
TALAWAKELLE
TRANS ASIA
TEA SMALLHOLDER
TOUCHWOOD
KELANI TYRES
UNION ASSURANCE
UNION BANK
UNION CHEMICALS
UDAPUSSELLAWA
UNITED MOTORS
VANIK INCORP LTD
VANIK INCORP LTD[NON VOTING]
VALLIBEL FINANCE
VIDULLANKA
VALLIBEL ONE
VALLIBEL
GUARDIAN CAPITAL
WATAWALA
YORK ARCADE

2.40
17.70
5.70
11.70
0.00
8.60
0.00
19.00
24.80
74.40
42.60
8.60
0.00
0.00
13.70
0.00
28.80
97.00
0.00
0.00
31.30
3.70
17.80
6.50
0.00
12.00
16.10

2.40
17.70
5.70
11.70
0.00
8.90
0.00
19.20
24.90
74.40
48.00
8.70
0.00
0.00
13.70
0.00
29.00
97.00
0.00
0.00
31.30
3.80
18.00
6.50
0.00
12.00
16.10

2.30
17.70
5.50
11.50
0.00
8.60
0.00
18.90
22.60
74.40
42.60
8.60
0.00
0.00
13.50
0.00
28.80
97.00
0.00
0.00
30.50
3.70
17.70
6.50
0.00
11.70
16.10

2.30
17.70
5.70
11.70
60.50
8.70
27.50
19.20
24.70
74.40
48.00
8.60
34.30
83.10
13.50
460.00
28.80
97.00
0.80
0.80
30.60
3.70
17.80
6.50
46.50
11.70
16.10

5
3
9
7
0
20
0
7
13
2
5
30
0
0
10
0
3
2
0
0
4
12
16
5
0
13
1

43,007
23
4,001
12,468
0
38,501
0
3,300
3,491
38
45,046
28,851
0
0
10,240
0
60
6
0
0
8,001
22,455
11,809
12,200
0
6,591
1

98,917
407
22,156
145,076
0
333,529
0
62,990
84,595
2,827
2,161,960
248,329
0
0
138,248
0
1,730
582
0
0
247,681
85,155
210,612
79,300
0
77,148
16

Softlogic Equity Research

Page | 13
13

Softlogic Equity Research

Dimantha Mathew
dimantha.mathew@equity.softlogic.lk
+94 11 7277030
Akeela Imthinam Rasheed
akeela.rasheed@equity.softlogic.lk
+94 11 7277032
Crishani Perera
crishani.perera@equity.softlogic.lk
+94 11 7277031
Imalka Hettiarachchi
imalka.hettiarachchi@equity.softlogic.lk
+94 11 7277004

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Softlogic Equity Sales

Horana
Madushanka Rathnayaka
No. 101, 1/1, Aguruwathota Road, Horana
madushanka.rathnayaka@equity.softlogic.lk
+94 34 7451000, +94 77 3566465

Dihan Dedigama
dihan.dedigama@equity.softlogic.lk
+94 11 7277010, +94 77 7689933
Chandima Kariyawasam
chandima.kariyawasam@equity.softlogic.lk
+94 11 7277058, +94 77 7885778
Shafraz Basheer
shafraz.basheer@equity.softlogic.lk
+94 11 7277054, +94 77 2333233
Sonali Abayasekera
sonali.abayasekera@equity.softlogic.lk
+94 11 7277059, +94 77 7736059
Thanuja De Silva
thanuja.desilva@equity.softlogic.lk
+94 11 7277053, +94 77 3120018

Negambo
Krishan Williams
No. 121, St. Joseph Street Negambo
krishan.williams@equity.softlogic.lk
+94 31 2224714-5, +94 77 3569827
Kurunegala
Bandula Lansakara
No.13, Rajapihilla Mawatha, Kurunegala
bandula.lansakara@equity.softlogic.lk
+94 37 2232875, +94 77 3615790
Matara
Lalith Rajapaksha
nd
No.8A, 2 Floor, FN Building, Station Road, Matara
lalith.rajapaksha@equity.softlogic.lk
+94 41 7451000, +94 77 3031159

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