Tel: 0112131000 Website: www.ndbs.

lk

Date: 20 October 2011

Tu rn ov er ASPI MPI

75,000 7,500 60,000

Correction of the speculative run continues

Turnover Rs Mn.

Indices

6,000

45,000

4,500

30,000

3,000

15,000

1,500 6-Jan-09 11-Jun-095-Nov-098-Apr-10 8-Sep-10 9-Feb-11 15-Jul-11

It was yet another disappointing day for the investors as the ASPI lost 65 points breaking a support level at 6300. While low liquidity levels suggest the investors are uncertain whether to buy or sell, more margin calls triggered forced selling. More margin calls are likely to be witnessed tomorrow due to the steep drop which continued from yesterday. Bank, Finance and Insurance sector was the main contributor to the market turnover (due to Commercial Bank) and the sector index declined by 1.93%. The share price of COMB decreased by Rs 1.70 (1.56%) to close at Rs 170. A crossing of 371,100 shares was recorded at a price of Rs 108. Diversified Holdings sector also contributed significantly to the market turnover (due to John Keells Holdings) and the sector index decreased by 0.95%. The share price of John Keells Holdings decreased by Rs 1.80 (0.91%) to close at Rs 196.10. Among the other heavy contributors were Regnis Lanka and Chevron Lubricants. Regnis Lanka share price increased by Rs 5.50 (1.22%) to close at Rs 460.20 while Chevron Lubricants price remained unchanged at Rs 158.
COMPANY BRIEFING THE BUSINESS Manufacturing of cable grade PVC compound. ACL Plastics (APLA)

Daily Market Update

ASPI MPI Volume (Shares) Turnover (Rs) Foreign Purchases (Rs) Foreign Sales (Rs) PER PBV Positive Contributors Srilanka Telecom The Bukit Darah Shalimar Malay Negative Contributors Hatton National Bank CT Holdings John Keells Holdings Top Turnover Contributors Commercial Bank Regnis Lanka John Keells Holdings Chevron Lubricants Colonial Motors Colombo Land and Development Company Commercial Bank

Today 6,282.00 5,628.93 84,655,225 689,637,634 110,896,950 81,619,792 16.15 2.04 Closed (Rs) 48.60 1,040.10 940.00 Closed (Rs) 180.00 180.50 196.10 Volume 432,600 93,700 137,100 136,100 43,500 402,700 No. of Crossings 2

Previous Day 6,347.72 5,704.83 70,048,290 689,101,530 24,907,120 161,607,074 16.32 2.06 Change (Rs) 1.90 12.10 140.00 Change (Rs) (5.40) (8.50) (1.80) Turnover 46,708,960 42,418,890 27,115,170 21,503,750 20,877,140 20,825,560 Shares 371,100

Change (%) -1.04% -1.33% 20.85% 0.08% 345.24% -49.49% -1.04% -0.97% Change (%) 3.88 1.17 17.50 Change (%) (2.84) (4.50) (0.91) % 6.77% 6.15% 3.93% 3.12% 3.03% 3.02% Price (Rs) 108.00

MANAGING DIRECTOR Mr. Suren Madanayake- He qualified as a mechanical engineer from the University of Texas at Austin, USA. He serves as the managing director of ACL cables, Kelani cables, Ceylon Bulbs and Electricals Ltd and also as a director of ACL Metals & Alloys (Pvt) Ltd and several other leading companies. THE RESULTS Company saw its profits declining by 23.7% for the quarter ended 30 June 2011. Though revenue was up by 6.5%, significant increase in costs resulted in the decrease of profits. Company recently acquired new machinery and upgraded the existing machinery to meet the enhanced demand. Group also adopted new manufacturing methodologies to improve operational efficiencies. Demand for cables resulting from the growth of the constuction sector is expected to benefit ACL Plastics this year.

Source: Colombo Stock Exchange Money Market T-Bond % Maturity 15-04-2012 01-02-2013 01-04-2014 15-03-2015 01-08-2016 Excess Liquidity Exchange Rate Rs 30.929 Bn Rs 110.19-110.20 per US $ Source: MVS Money Brokers

Bid (Closing) 7.40 7.65 8.25 8.85 8.95

Ask (Closing) 7.50 8.70 8.35 8.90 9.00

THE FUTURE