The Bourse Weekly Performance (Week-ended13thof
June 2014)
Week-ended 13thJune 2014
|
Week-ended 06th June 2014
|
|
All Share Price Index
|
6,337.22
|
6,279.14
|
S&P SL20 Index
|
3,505.03
|
3,479.17
|
Total Turnover for the week (LKR)
|
4,499,715,788
|
3,936,356,668
|
Total Net Foreign Inflow/ (Outflow) (LKR)
|
1,368,880,305
|
1,685,810,809
|
Market Capitalization
|
2,655,597,461,706
|
2,629,905,274,339
|
Market PER
|
17.77
|
17.60
|
Market PBV
|
2.07
|
2.05
|
The
Colombo Bourse was dynamic over the shortened trading week in comparison to its
previous week. The All Share Price Index gained by 58.08 points (0.92%) over
the week to close at 6,337.22 while the secondary S&P SL 20 index gained by
25.86 points (0.74%) to close the week at 3,505.03. Once again, heavy
trades were witnessed on stocks in the Non-Banking Financial sector (NBFIs) on
the backdrop of expectations of the consolidation process.Foreign investors’
sentiment continued to be bearish during this week as well, with total buying
of LKR 2,523.8Mn, outpacing the total foreign selling of LKR 1,154.9Mn.Hence the week observed a net foreign inflow
of LKR 1, 368.8 Mn. With this the YTD net foreign inflow to the market topped
to LKR 5.86Bn.The total market capitalization appreciated by LKR 25.7Bn(Approximately
1.00 %) over the week to close at LKR 2.65 Tn.
A
total of 174.2Mn shares were changed hands to record a total weekly turnover of
LKR 4.5Bn which is anincrease of 14.31%over its previous week’s figure. The
average weekly turnover of the shortened week mounted at LKR 1,124.9 Mn against
its previous week’s figure of LKR 787.3Mn. The off market deals took place on
the stocks of CTHR, JKH, SPEN, DIST, HNB, PARQ, COMB, and DFCC for the total
value of LKR 2,023.8 Mn,which is an exact contribution of 45% to the weekly
turnovers.
The
list of price gainers were led by S M B LEASING [X] (+25.00%), OFFICE EQUIPMENT
(+24.86%), LANKEM DEV. (+22.00%), RAMBODA FALLS (+21.61%) and CAL FINANCE (+17.45%)
while the list of price losers were led by CEYLON LEATHER [W](-25.00%), BROWNS
INVSTMNTS (-22.73%), PC PHARMA(-13.33%), SINHAPUTHRA FIN (-9.64%) and E B
CREASY(-9.06%).The week’s ASPI movement was heavily influenced by the stocks of
LOLC, NEST and SLTL. The market PER increased to 17.77x by end of this week
whereas the most stagnated PBV hurdled to2.07x.
