The Bourse Weekly Performance (Week-ended06thof
June 2014)
|
Week-ended 06thJune 2014
|
Week-ended 30th May 2014
|
All Share Price Index
|
6,279.14
|
6,263.46
|
S&P SL20 Index
|
3,479.17
|
3,454.61
|
Total Turnover for the week (LKR)
|
3,936,356,668
|
4,025,517,300
|
Total Net Foreign Inflow/ (Outflow) (LKR)
|
1,685,810,809
|
710,877,298
|
Market Capitalization
|
2,629,905,274,339
|
2,623,332,240,507
|
Market PER
|
17.60
|
16.72
|
Market PBV
|
2.05
|
2.05
|
Despite the stocks all across the board in Colombo
Bourse had witnessed little run last week as most of top corporates have posted
healthy financials giving indications for good dividend pays,
the main All Share Price Index was under pressure and was flat through the week
due few index heavy weighted blue chip stocks were tumbling on under
performance of expectations. However by end of the week, the Bench Mark All
share price index marginally appreciated by 15.68 points (0.25%) and closed at 6,279.14
points against its previous week’s close of 6,263.46 points. In the meantime the
S&P SL 20 index gained24.56 points (0.71%) to close the week at 3,479.17 against
its previous week closures of 3,454.61 points. Foreign investors continued to
bebullish for the fourth consecutive week whichpiled the YTD net foreign inflow
to LKR 4.49Bn by end of the week. The week recorded total foreign purchases of
LKR 2,086.09Mn and total foreign sales of diminutive LKR 400Mnresulting a net
foreign inflow of LKR 1,685.8Mn. The total market capitalization slightly
climbed up by LKR 6.57 Bn over the week to close at LKR 2.62Tn.
A
total of 181.8 Mn shares changed hands to record a total weekly turnover of LKR
3.94Bn which is a marginal drop of 2.21% over its previous week’s figure. The
average weekly turnover was at LKR 787.3Mn as well in comparison to its
previous week’s level of LKR 805.10Mn. Off market deals took place on stocks of
ECL, JKH, SHOT, JINS, PARQ and RCL. Approximately 45% of the total weekly
turnover was subsidised through such deals. JKH, E- CHANNELLING and ROYAL
CERAMIClead the weekly turnover list as it contributed LKR 1,206.6 Mn, LKR 301.7
Mn and LKR 234.4 Mn respectively, in orderly ROYAL CERAMIC, JANASHAKTHI INS and
JKHgrabbing the top three places for volumes traded with 204.3Mn, 28.9Mn and 28.5Mn
shares respectively.
The
week’s ASPI movement was heavily influenced by the stocks of CARS, NEST and CTHR.
The market PER jumped to 17.60x by end of this week whereas the PBV remained
same at2.05x.