Friday, January 10, 2014

Today 6,083.14 3,384.51 Point Change + 13.80 + 22.12 % Change 0.23 % p 0.66 % p

ASPI S&P SL 20 Index YTD Performance ASPI S&P SL 20 Index

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2.9% 3.7% 1,384.1 825.5 59.3 37.8 2,530.8 -72.0 579.2 651.2 0.1

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]

ASPI extends rally backed by BFI sector interest

CSE Diary for 10.01.2014

ASPI extends its rally backboned by BFI Sector: The bourse further extended its gains today and ended on a positive note. ASPI closed at 6,083.14 with a gain of 14 points and S&PSL20 too ended on a similar note gaining 22 points at 3,384.51. Gains denoted in DFCC Bank (+6.1%), Asian Hotels and Properties (+4.5%) and Commercial Leasing and Finance (+5.0%) weighted positively on ASPI. Market Turnover surpassed LKR1bn mark during trading hours. Crossings in diverse sectors: Chevron Lubricants Lanka spearheaded the daily turnover supported mainly by three crossings accumulating to 1.8mn shares at LKR273.8. John Keells Holdings too depicted two crossings totaling c.436k shares at LKR232.0. The counter witnessed noteworthy on-board activity too backed by a single transaction of 48k shares which was picked at LKR232.0. JKH ended at LKR231.8 with a dip of 0.3%. Three more single off-board transactions were recorded in Richard Pieris, Laugfs Gas and DFCC Bank. BFI sector leads the on-board rally: National

Development Bank led the on-board interest with heavy activity and further rallied to a peak of LKR182.0 and closed the day at LKR180.5 with a gain of 4.3%. Commercial Bank too attracted on-board interest with several large on-board blocks, largest being the 103k shares transaction at LKR126.0. COMB ended at a 52week high price of LKR126.3 with a gain of 1.0%. Union Bank and Nations Trust bank also gained notable investor interest and ended with gains of 3.9% and 1.9% respectively. Retailers extend interest on TFC: Retail participation was notable in The Finance [Voting] and [Non- Voting]. The Finance [Non-Voting] was among the top on-board turnover list for the day and ended with a gain of 13.3% at LKR6.8.

Statistical Look Up
Treasury Bill (%) 3 months 6 months 12 months AWPLR Excess Liquidity (LKR 'bn) as at 09.01.2014 Inflation (%) Dec-13 YoY Change Annual Avg Week ending 10.01.2014 7.00 7.20 7.42 10.13 -62.21 4.7 6.9

6200 6100 6000 5900

Index

5800
5700 5600

ASPI
3450 3400 3350 3300 3250 3200 3150 3100 3050

Turnover LKR ('mn)

2,000 1,500 1,000 500

70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0

Volume ('mn)

Index

S&P SL20

Turnover

Volume

Today All Share Price Index S&P SL20 Index 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 Beverage, Food & Tobacco Construction & Engineering Diversified Healthcare Hotels & Travels Land & Property Manufacturing Plantation Telecom 6,083.1 3,384.5 1,384.1 10.6 59.3 247 2,530.8 579.2 651.2 -72.0 16.4 2.0 2.9 Today 13,596.3 20,623.1 2,782.5 1,809.2 707.0 3,220.4 583.5 2,962.9 756.0 159.6

Pre Day 6,069.3 3,362.4 1,572.9 12.0 58.3 237 2,525.0 882.9 773.9 109.0 16.3 2.0 2.9 Pre Day 13,328.7 20,944.4 2,767.1 1,815.6 712.3 3,199.3 587.7 2,953.2 751.5 158.7

Change % 0.23% p 0.66% p -12.00% -12.00% 1.83% 4.22% 0.23% -34.40% -15.85% -166.08% 0.23% 0.22% 0.00% % Change 2.01% -1.53% 0.56% -0.35% -0.75% 0.66% -0.71% 0.33% 0.60% 0.57% p q p q q p q p p p

Last Week 5,973.8 3,294.8 349.6 2.7 47.5 241 2,485.3 49.7 41.9 7.8 16.1 2.0 2.9 Last Week 13,114.7 20,572.5 2,781.1 1,784.7 681.8 3,194.3 583.8 2,889.5 734.5 156.6

% WoW Change 1.83% 2.72% 295.89% 295.89% 24.89% 2.49% 1.83% 1064.99% 1455.04% -1019.18% 1.83% 1.83% 0.00% % WoW Change 3.67% 0.25% 0.05% 1.37% 3.70% 0.82% -0.04% 2.54% 2.92% 1.87%

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High Index Calibre USD350 Mn

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

% of Mkt Cap 9.1% 8.8% 2.8% 4.5% 2.6% 4.0% 2.5% 3.0% 2.0% 1.7% 2.4% 1.3% 1.3% 1.6% 1.2% 1.2%

Volume 525,480 30 50 2,497 10,777 266,528 109 378,938 63,553 9,024 7,237 1,441 100 359,533 48,019 300

Turnover LKR ('000) 121,894.32 35.70 17.75 5,310.77 400.34 33,581.52 67.58 3,524.03 9,816.72 957.64 1,447.40 102.65 14.80 53,674.81 8,401.64 20.37

Turnover USD ('000) 932.40 0.27 0.14 40.62 3.06 256.87 0.52 26.96 75.09 7.33 11.07 0.79 0.11 410.57 64.27 0.16

Intraday High (LKR) 232.00 1,190.00 355.00 2,150.00 37.50 126.50 620.00 9.40 157.00 106.50 200.00 72.00 148.00 151.00 177.00 67.90

Intraday Low (LKR) 230.10 1,190.00 355.00 2,126.50 37.00 125.00 620.00 9.20 152.50 106.00 200.00 71.00 148.00 143.00 172.00 67.90

Close 231.80 1,190.00 355.00 2,126.80 37.10 126.30 620.00 9.30 155.00 106.20 200.00 71.50 148.00 150.60 175.30 67.90

Price Gainers
Company
S M B LEASING [X] THE FINANCE CO. [X] ASIAN ALLIANCE PEOPLE'S MERCH CEYLON LEATHER [W0013]

Price Losers
Today 0.50 6.80 98.70 12.90 1.20 Change + 0.10 + 0.80 + 8.70 + 1.10 + 0.10 % Change Company 25.00% 13.33% 9.67% 9.32% 9.09%
CEYLON LEATHER [W0014] CIFL PCH HOLDINGS SAMSON INTERNAT. PC PHARMA

Today 1.70 0.90 1.10 90.00 1.30

Change - 0.20 - 0.10 - 0.10 - 8.00 - 0.10

% Change -10.53% -10.00% -8.33% -8.16% -7.14%

Top 05 Performers for the Day

Company
CHEVRON JKH NAT. DEV. BANK RICHARD PIERIS THE FINANCE CO.[NON VOTING]

Today 274.50 231.80 180.50 6.80 6.80

Pre Day 273.50 232.50 173.00 6.70 6.00

% Change 0.37% -0.30% 4.34% 1.49% 13.33%

Volume (mn) 1.81 0.53 0.33 8.39 8.26

Contribution to Total T/O 19.6% 4.8% 2.3% 2.2% 2.2%

Turnover (LKR) 494,889,096 121,894,324 59,034,297 54,770,000 54,525,246

Most Active
Company
RICHARD PIERIS THE FINANCE CO.[NON VOTING] PC HOUSE THE FINANCE CO. TOUCHWOOD

Today 6.80 6.80 0.60 12.70 2.70

Pre Day 6.70 6.00 0.60 12.30 2.70

% Change 1.49% 13.33% 0.00% 3.25% 0.00%

Volume (mn) 8.39 8.26 7.53 2.51 2.31

Contribution to Total T/O 2.2% 2.2% 0.2% 1.2% 0.3%

Turnover (LKR) 54,770,000 54,525,246 4,500,584 31,632,014 6,435,250

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Currency Board
Local - Indicative Rate against LKR
Currency Australia China EU India Japan UK USA Dollar Yuan Euro Rupee Yen Pound Dollar Indicative Rate 10.01.2014 116.33 21.60 177.85 2.11 1.25 215.39 130.73

CSE Announcements
Dividends
Company Senkadagala Finance 0 0 0 0
Company Description

DPS (LKR) 0.59 0.00 0.00 0.00 0.00

Proportion 0 0

XD Date 22-01-2014 0 0 00-Jan-00 00-Jan-00

XR Date

Payment Date 31-01-2014 1/0/1900 1/0/1900 00-Jan-00 00-Jan-00

Renunciation

Rights Issues / Scrip Dividend / Sub division / Capitalization

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

Source: www.cbsl.gov.lk

New Listing
Company No New Listings 0 Type of Security Code 1/0/1900 1/0/1900 Board 1/0/1900 1/0/1900 Offer Price 0.00% 0.00%

Key Corporate Diclosures

DFCC and NDB has announced that they, in pursuance of the policies announced by the government encouraging the consolidation of certain banking businesses, are about to commence preliminary discussions with a view to achieving such consolidation

Material Dealings by Related Parties of Listed Companies

Company NO MATERIAL DEALINGS Name 0 0 Relationship 0 0 Transaction 0 0 Quantity 0 0 Price (LKR) 0.00 0.00 Date 0 0

Global Markets
Index AMERICA Dow Jones Industrial Average EUROPE EURO STOXX 50 Price EUR FTSE 100 Index ASIA Nikkei 225
* Time is as at ET

Value 16,444.8 3,105.6 6,738.4 15,912.1

Change -18.0 15.3 47.1 31.7

Change % -0.11% q 0.50% p 0.70% p 0.20% p

Time* 16:28 05:39 05:40 01:28

Source: www.bloomberg.com

Commodity Markets
Commodity ENERGY Crude Oil (WTI) AGRICULTURE ICE Cotton #2 CBOT Wheat METALS COMEX Gold COMEX Copper
* Time is as at ET

Units USD/bbl. USd/lb. USd/bu. USD/t oz. USd/lb.

Price 92.54 83.63 582.75 1,231.90 331.30

Change 0.88 0.82 -1.50 2.50 1.40

Change % 0.96% p 0.99% p -0.26% q 0.20% p 0.42% p

Time* 05:26 05:26 05:23 05:25 05:25

Source: www.bloomberg.com

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TOP STORIES
Local
Sri Lanka targets US$2.5bn in FDI in 2014 Sri Lanka is targeting 2.5 billion US dollars in foreign direct investors in 2014 with 2013 estimated to have drawn about 1.3 billion US dollars, a minister said. Investment promotions minister Lakshman Abeywardene said FDI inflows had reached 870 million US dollars by September and full year data was still being finalized, but it was estimated to be around 1.3 billion US dollars. [Source: www.lbo.lk] Sharp contraction in trade deficit in November The Central Bank said yesterday that favourable developments in the external sector continued in November 2013, with a sharp contraction of the trade deficit, leading to an improvement of the overall balance. It said earnings from exports increased substantially, reflecting gradual recovery in export destination countries, while expenditure on imports declined. Accordingly, the current account deficit narrowed, and was strengthened further as a result of the increase in inflows from workers remittances and tourism. [Source: www.ft.lk] Sri Lanka received a record 1,274,593 tourist arrivals for 2013 Sri Lanka received a record 1,274,593 tourist arrivals for 2013. This reflects a 26% increase and this figure is expected to increase further this year as well. While providing employment for millions, the industry is a tower of strength to the SME and cottage industry.

[Source: www.dailynews.lk] Rupee at 2-1/2-month high on exporter dollar sales, bond inflow The Sri Lankan rupee ended firmer on Thursday at its 2-1/2-month closing high on exporter dollar sales and foreign buying in rupee bonds while dealers expect the local currency to gain unless the central bank intervenes to keep it at a particular level. The spot rupee closed at Rs. 130.68/75 per dollar, its highest close since 25 October and firmer from Wednesdays close of Rs. 130.80/90. [Source: www.ft.lk]

Global
December Job Gain in U.S. Probably Capped Best Year Since 2005 Employers probably expanded payrolls in December, capping the strongest year for U.S. employment since 2005, a report today may show. The addition of 197,000 jobs followed a 203,000 advance the prior month, according to the median forecast of 90 economists in a Bloomberg survey. The projected gain would bring the annual increase to 2.27 million, which was last exceeded eight years ago. The unemployment rate may have held at a five-year low of 7 percent in December [Source: www.bloomberg.com] Germanys AAA Rating Confirmed by S&P on Steady Growth Germanys AAA credit grade was affirmed by Standard & Poors as ratings companies in Europe began a new regime thats designed to limit swings in their assessments. S&P maintained its outlook on Germany at stable, citing the nations highly diversified and competitive economy as well as the governments track record for prudent fiscal policies. The company expects an orderly resolution of the simmering debt crisis in parts of the euro area, it said today in a statement. [Source: www.bloomberg.com]

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