Friday, July 19, 2013

The Bourse Weekly Performance (Week-ended 19th July 2013)



The Bourse Weekly Performance (Week-ended 19th July 2013)

Week-ended 12th July 2013
Week-ended 19th July 2013
All Share Price Index
6,028.74
6,041.06
S&P SL20 Index
3,385.43
3,409.16
Total Turnover for the week (Rs.)
1,466,585,143/-
2,754,756,167/-
Total Net Foreign Inflow/ (Outflow) (Rs.)
126,286,045/-
860,216,272/-
Market Capitalisation (Rs.)
2,315,425,677,312/-
2,324,809,138,238/-
Market PER
16.1
16.08
The bearish sentiments at the Colombo bourse reversed towards the latter part of the week when renewed foreign interest in JKH took the ASI from its one-week low to close 55 points up on Friday 19th July. The index gained a total of 12 points for the week, while the S&P gained 23 points for the week. The growth in market capitalisation this week was Rs. 9.38Bn equivalent to a rise of 0.41%.
The turnover for the week grew considerably with an average daily turnover of Rs. 550.9Mn. Though this is only 57% of the average daily turnover recorded for this year (Rs. 960.2Mn), the value is 88% higher than the previous week.  Among the largest contributors were blue-chip counters such as John Keells Holdings, Sampath Bank, Dialog Telecom, National Development Bank, etc. The highest weekly turnover was generated by the Diversified Holdings sector contributing Rs. 1.18Bn for the weekly turnover. The Banking Finance and Insurance sector too contributed Rs. 890.3Mn for the turnover. These two sectors together contributed for 75% of the weekly turnover. In other statistics, the highest gain for the week was reported in the Stores & Supplies sector of 4.53% while the highest loss was reported in the Oil Palms sector for -3.03%. The net foreign inflow for the week topped Rs. 860Mn a significant rise from the net sales and low inflows reported in the recent past.
The Colombo bourse currently records year-to-date values as follows;
Gain in ASI                                            7.05%
Gain in S&P                                          10.50%
Gain in Market Capitalisation                  7.25%
Total Market Capitalisation                     Rs. 157.2Bn
Net Foreign Inflow                                 Rs.   16.6Bn