The Bourse Weekly Performance (Week-ended 24thJanuary
2014)
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Week-ended 17th January 2014
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Week-ended 24th January 2014
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All Share Price Index
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6,131.05
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6,255.63
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S&P SL20 Index
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3,407.94
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3,478.09
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Total Turnover for the week (LKR)
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4,891,765,220
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5,812,624,350
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Total Net Foreign Inflow/ (Outflow) (LKR)
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56,567,898
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187,691,236
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Market Capitalization
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2,550,741,656,288
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2,602,580,611,621
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Market PER
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16.51
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16.84
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Market PBV
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2.03
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2.07
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The Sri Lanka investment road show held in Singapore
this week accompanied with the Central Bank of Sri Lanka’s resilient
recommendations to consolidate the Banking and Non- Banking Financial (NBF)
sector aimed at forming a robust financial system in the country, continued to
create bullish sentiment in the market this week. The prices of listed stocks
of Banking and NBF institutions appreciated during the week across the board
following this news resulting in the Bank/Finance and Insurance sector index
increasing by 371.42 (+2.71%) points to 14,074.72 against its last week’s
closing of 13,703.30 points.
The benchmark All Share Price Index (ASPI) gained 124.58 points
throughout the week to close at 6,255.63points, whereas the S&P SL 20 index
gained 70.15 points to close at 3,478.09 points. Notably both the indices
gained 2% throughout the week to halt in green territory. A total of 460.7 Mn
shares were changed hands to record a turnover of LKR 5.8Bn. Out of this,
28.40% had been generated through the off market deals which took place on
LIOC, COMB, SPEN, JKH, CTC, HNB, HAYL, LLUB,
TAP and LOFC.
The list of price gainers were led by SEMB.N (+66.67%), SEMB.X (+25%),
SLND (+23.90%), TFIL(+20.98%) and PMB(+20%) while the list of price losers were
led by GREG.W13 (-50.00%), SELI(-17.07%), PCH(-16.67%), HARI(-10.81%) and
SHAL(-10.60%).
Foreigners continued to pile into equitiesand ended
the week with the total purchasing of LKR 2.03Bn, out spacing the total foreign
selling of LKR 1.84Bn.Hence the week recorded a net foreign inflow of LKR 187.7Mn
resulting the YTD foreign inflow amounting at LKR 23.22Bn. The market PER and
PBV stood at 16.84x and 2.07x respectively by end of the week.
