Friday, August 1, 2014

The Bourse Weekly Performance (Week- ended 01stof August 2014)



The Bourse Weekly Performance (Week- ended 01stof August 2014)



Week-ended 01stAugust 2014
Week-ended 25thJuly 2014
All Share Price Index
6,810.13
6,783.64
S&P SL20 Index
3,759.42
3,764.90
Total Turnover for the week (LKR)
3,288,088,579
5,537,452,651
Total Net Foreign Inflow/ (Outflow) (LKR)
304,373,531
576,319,440
Market Capitalization
2,855,284,141,649
2,842,893,517,300
Market PER
18.38
18.30
Market PBV
2.14
2.13

The Colombo Bourse was dynamic over the shortened trading week which consisted only four days. The main All Share Price Index surpassed the levels of 6,800 points where the secondary S&P SL 20 index exceeded the levels 3,700 points by end of the week. The All Share Price Index gained by 26.49 points (0.39%) over the week to close at 6,810.13 while the secondary S&P SL 20 index dipped marginally by 5.48 points (0.15%) to close the week at 3,759.42.  Foreign investors’ sentiment continued to be bullish during this week as well, with the total buying of LKR 699.16Mn, outpacing the total foreign selling of LKR 394.79Mn. Hence the week observed a net foreign inflow of LKR 304.37Mn. With this the YTD net foreign inflow to the market surpassed LKR 11 Bn and stands at LKR 11.15 Bn. The total market capitalization appreciated by LKR 12.39Bn over the week to close at LKR 2.85Tn.
A total of 234.9 Mn shares were changed hands to record a total weekly turnover of LKR 3.28Bn which is a dip of 40.63%over its previous week’s figure. The average weekly turnover of the shortened week mounted at LKR 822Mn against its previous week’s figure of LKR 1,107.63Mn. The off market deals took place on the stocks of AMANA, PABC, RCL, AEL, CINS, COMB, HNB, JKH and LGL for the total value of LKR 823.7Mn,which is an exact contribution of 25% to the weekly turnovers.
The list of price gainers were led by SINHAPUTHRA FIN [P] (+37.05%), GOOD HOPE (+24.67%), SINHAPUTHRA FIN (+21.87%), CIFL (+21.43%) and COM.CREDIT (+16.82%) while the list of price losers were led by CEYLON LEATHER [W13](-80.00%), CEYLON LEATHER [W14] (-25.81%), PC HOUSE (-25.00%), LANKA CENTURY [W] (-12.50%) and PC PHARMA(-6.67%).The week’s ASPI movement was heavily influenced by the stocks of SLTL, GOOD and UAL. The market PER increased to 18.38x by end of this week whereas the most stagnated PBV hurdled to 2.14x.