The Bourse Weekly Performance (Week-ended27thof
June 2014)
Week-ended 27thJune 2014
|
Week-ended 20thJune 2014
|
|
All Share Price Index
|
6,363.49
|
6,302.45
|
S&P SL20 Index
|
3,521.30
|
3,478.86
|
Total Turnover for the week (LKR)
|
4,111,328,178
|
4,706,404,911
|
Total Net Foreign Inflow/ (Outflow) (LKR)
|
383,947,353
|
71,971,455
|
Market Capitalization
|
2,666,683,309,228
|
2,641,063,965,533
|
Market PER
|
17.15
|
16.96
|
Market PBV
|
2.03
|
2.01
|
The
Colombo Bourse continued to witness positive momentum on the backdrop of
declining fixed income rates. The broader index surpassed 6,350 levels whilst recording
better levels of daily turnovers. The All Share Price Index gained 61.04 points
(0.97%) over the week to close at 6,363.49 while the secondary S&P SL 20
index gained 42.44 points (1.22%) to close at 3,521.30 points. The total market
capitalization appreciated by LKR 25.6Bn to close the week at LKR 2.66Tn,
resulting a year to date appreciationof 8.41%. The off shore investors
sentiment continued to be healthy during this week as well, with total foreign
buying of LKR 1,363.65 Mn, outpacing total selling of LKR 979.7 Mn. Hence the
week observed a net foreign inflow of LKR 383.9Mn. With this the YTD net
foreign inflow to the market outdoneLKR 6.31 Bn.
A
total of 357.05 Mn shares were changed hands to record a total weekly turnover
of LKR 4.11Bnindicating a drop of 12.64% from its previous week’s figure. The
off market deals took place on the stocks of COMB, CSEC, DIST, ACME, HHL, HNB, JKH,
EXPO, LIOC, ABL and AEL for the total value of LKR 1,260.01Mn,which is an exact
contribution of 30.60% to the weekly turnovers. John Keells Holdings PLC (JKH)
stood out as the top subscriber for the week providing LKR 1,158.33 Mn worth of
turnover, accounting a significant share of 28.17% of the weekly turnover.Commercial
Bank and Access Engineering Limited obtained the next two positions of the list,
with the turnovers of LKR 300.31 Mn and LKR 217.6 Mnrespectively.
The
list of price gainers were led by PC PHARMA (+66.67%), CIFL (+57.14%), PCH
HOLDINGS (+44.44%), PC HOUSE (+33.33%) and CLPL [W14] (+33.33%) while the list
of price losers were led by CEYLON LEATHER [W13] -36.36%), OFFICE EQUIPMENT (-11.96%),
HAPUGASTENNE (-8.66%), TESS AGRO [X] (-8.3%3) and LAXAPANA (-8.16%).The week’s
ASPI movement was heavily influenced by the stocks of CTC, COMB and SLTL. The
market PER increased to 17.15x by end of this week whereas the most stagnated PBV
stood at2.03x.
