The Bourse Weekly Performance (Week-ended 19th
April 2013)
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12th April 2013
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19th April 2013
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All Share Price Index
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5,839.88
|
5,882.25
|
|
S&P SL20 Index
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3,333.54
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3,336.12
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Total Turnover for the week
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2,335,474,761/-
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4,024,527,379/-
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Total Net Foreign Inflow/ (Outflow)
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654,520,027/-
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1,332,418,273/-
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Market Capitalisation
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2,237,280,440,814/-
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2,253,222,477,149/-
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Market PER
|
15.78
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The New Year saw the bourse
reaching 6-month high levels as foreigners were keen buyers in the Banking,
Finance & Insurance (BFI) and Diversified Holdings sectors. Following the
CBSL announcement to keep the monetary policy rates steady for the fourth
month, and with expected implications of the monetary policy easing out, the
bourse picked up in turnover and volume.
The total turnover for the
week was 72% greater than the turnover reported the previous week, even though
trading this week was limited to four market days due to the New Year holidays.
The average daily turnover, this week was over Rs. 1Bn, way above the average daily
turnover reported so far for this year of Rs. 966Mn. The week reported a net
foreign inflow of Rs. 1.33Bn, bringing the total net foreign inflow for the
year to Rs.7.80Bn.
Key counters that
contributed for the weekly turnover included blue-chips such as JKH, CTC, NTB,
NDB, HNB, Commercial Bank, etc. In sector statistics the highest contribution
for the weekly turnover was reported in the BFI sector which amounted to Rs.
2.7Bn. All sector indices closed for the week in the green except the Power &
Energy (-0.90%) and Telecommunications (-1.23%) sectors. The highest gain was
reported in the Land & Property sectors which amounted to 6.12%.
As the bourse continues to
rise amidst, increasing retail interest and foreign buying, the total gains
reported this week in the ASI and S&P were 42.37 and 2.58 points respectively
whilst the year to date gain was 4.24%.
