Sri Lanka *market update* ASPI close up 0.7-pct, T/over crosses Rs.1bn

December 05, 2016 The market closed today posting a turnover of LKR 1,023,118,342(USD 6.9mn) with the indexes moving up. ASPI closed at 6368.12 up 42.55 points (+0.67%) while the more liquid SP SL20 index closed at 3555.85 up 34.09 points (+0.97%). Crossings accounted for 21% of the turnover with three crossings in DFCC.N (LKR 168mn; USD 1,130k), one crossing in JKH.N (LKR 45mn; USD 305k).Diversified sector was the highest contributor towards the turnover at LKR 546mn followed by Bank Finance and Insurance and Manufacturing Sector generating LKR 316mn and LKR 99mn. Foreign investors were net buyers of LKR 13.5mn worth of shares, while their participation in terms of revenue decreased to 56.2% (previous day 63.7%). Estimated net foreign buying topped in JKH.N LKR 138.1mn (USD 930k). Estimated net foreign selling topped in DFCC.N LKR 176.8mn (USD 1,190k). Retail activity was witnessed in counters such as COCR.N, JKH.N and GRAN.N December 01, 2016 The market closed today posting a turnover of LKR 1,181,583,417(USD 7.9mn) with the indexes moving up. ASPI closed at 6309.04 up 67.94 points (+1.09%) while the more liquid SP SL20 index closed at 3508.44 up 41.34 points (+1.19%). Crossings accounted for 32.6% of the turnover with three crossings in HNB.N (LKR 76mn; USD 514k), eight crossing in JKH.N (LKR 308mn; USD 2,073k).Diversified sector was the highest contributor towards the turnover at LKR 705mn followed by Bank Finance and Insurance sector and Manufacturing Sector generating LKR 367mn and LKR 35mn. Foreign investors were net buyers of LKR 45.4mn worth of shares, while their participation in terms of revenue increased to 70.1% (previous day 45.3%). Estimated net foreign buying topped in JKH.N LKR 45.0mn (USD 302k). Estimated net foreign selling topped in HNB.N LKR 25.5mn (USD 171k). Retail activity was witnessed in counters such as COCR.N, JKH.N and CFVF.N November 29, 2016 The market closed today posting a turnover of LKR 1,008,911,360 (USD 6.8mn) with the indexes moving down. ASPI closed at 6231.87 down 7.00 points (-0.11%) while the more liquid SP SL20 index closed at 3456.90 down 2.96 points (-0.09%). Crossings accounted for 50% of the turnover with two crossings in TJL.N (LKR 148mn; USD 997k), one crossing in JKH.N (LKR 52mn; USD 348k), one crossing in HNB.N (LKR 43mn; USD 292k) and five crossings in SPEN.N (LKR 264mn; USD 1,775k). Diversified sector was the highest contributor towards the turnover at LKR 459mn followed by Manufacturing sector and Banks Finance and Insurance Sector generating LKR 239mn and LKR 144mn. Foreign investors were net sellers of LKR 295.7mn worth of shares, while theirparticipation in terms of revenue increased to 57.5% (previous day 30.3%). Estimated net foreign buying topped in COMB.N LKR 46.1mn (USD 309k). Estimated net foreign selling topped in SPEN.N LKR 272.8mn (USD 1,829k). Retail activity was witnessed in counters such as JKH.N, TJL.N and TKYO.X November 28, 2016 The market closed today posting a turnover of LKR 386,347,532 (USD 2.6mn) with the indexes moving down. ASPI closed at 6238.87 down 13.25 points (-0.21%) while the more liquid SP SL20 index closed at 3459.86 down 16.88 points (-0.48%). Crossings accounted for 47% of the turnover with two crossings in DFCC.N (LKR 159mn; USD 1,068k), one crossing in CFIN.N (LKR 22mn; USD 144k). Bank Finance and Insurance Sector was the highest contributor towards the turnover at LKR 266mn followed Diversified Sector and Manufacturing sector generating LKR 56mn and LKR 21mn. Foreign investors were net sellers of LKR 137.2mn worth of shares, while their participation in terms of revenue increased to 30.3% (previous day 17.3%). Estimated net foreign buying topped in HHL.N LKR 31.7mn (USD 213k). Estimated net foreign selling topped in DFCC.N LKR 175.5mn (USD 1,180k). Retail activity was witnessed in counters such as DFCC.N, JKH.N and AEL.N November 23, 2016 The market closed today posting a turnover of LKR 284,860,000 (USD 1.9mn) with the indexes moving down. ASPI closed at 6242.68 down 13.30 points (-0.21%) while the more liquid SP SL20 index closed at 3468.05 down 5.60 points (-0.16%). Crossings accounted for 31% of the turnover with one crossing in JKH.N (LKR 87mn; USD 585k). Diversified Sector was the highest contributor towards the turnover at LKR 116mn followed Manufacturing Sector and Construction sector generating LKR 42mn and LKR 36mn.Foreign investors were net sellers of LKR 100.6mn worth of shares, while their participation in terms of revenue decreased to 29.5% (previous day 46.2%). Estimated net foreign buying topped in ACL.N LKR 17.8mn (USD 120k). Estimated net foreign selling topped in JKH.N LKR 88.3mn (USD 595k). Retail activity was witnessed in counters such as AEL.N, TJL.N and GRAN.N November 22, 2016 The market closed today posting a turnover of LKR 648,995,529 (USD 4.4mn) with the indexes moving down. ASPI closed at 6255.98 down 19.28 points (-0.31%) while the more liquid SP SL20 index closed at 3473.65 down 12.65 points (-0.36%). Crossings accounted for 8% of the turnover with one crossing each in JKH.N (LKR 22mn; USD 150k) and CARG.N (LKR 34mn; USD 234k).Beverage Food and Tobacco Sector was the highest contributor towards the turnover at LKR 196mn followed Diversified Sector and Banking, Finance and Insurance sector generating LKR 169mn and LKR 115mn. Foreign investors were net sellers of LKR 8.7mn worth of shares, while their participation in terms of revenue increased to 46.2% (previous day 36.1%). Estimated net foreign buying topped in NEST.N LKR 46.5mn (USD 313k). Estimated net foreign selling topped in JKH.N LKR 63.3mn (USD 426k). Retail activity was witnessed in counters such as TJL.N, AEL.N and LLUB.N November 21, 2016 The market closed today posting a turnover of LKR 395,425,562 (USD 2.7mn) with the indexes moving down. ASPI closed at 6275.26 down 50.85 points (-0.80%) while the more liquid SP SL20 index closed at 3486.30 down 28.68 points (-0.82%). There were no Crossings recorded for the day. Banking, Finance and Insurance Sector was the highest contributor towards the turnover at LKR 143mn followed by Diversified Sector and Manufacturing sector generating LKR 102mn and LKR 85mn. Foreign investors were net sellers of LKR 47.9mn worth of shares, while their participation in terms of revenue increased to 36.1% (previous day 28.8%). Estimatednet foreign buying topped in HNB.N LKR 9.6mn (USD 64k). Estimated net foreign selling topped in JKH.N LKR 53.7mn (USD 362k). Retail activity was witnessed in counters such as TJL.N, LLUB.N and JKH.N November 17, 2016 The market closed today posting a turnover of LKR 248,471,103 (USD 1.7mn) with the indexes moving down. ASPI closed at 6344.28 down 4.75 points (-0.07%) while the more liquid SP SL20 index closed at 3527.10 down 4.82 points (-0.14%). There were no crossings recorded for the day. Diversified Sector was the highest contributor towards the turnover at LKR 51mn followed by Healthcare Sector and Beverage Food and Tobacco sector generating LKR 47mn and LKR 36mn. Foreign investors were net buyers of LKR 12.1mn worth of shares, while their participation in terms of revenue was almost flat at 32.4% (previous day 32.4%). Estimated net foreign buying topped in CTC.N LKR 5.4mn (USD 36k). Estimated net foreign selling topped in JKH.N LKR 0.2mn (USD 1k).Retail activity was witnessed in counters such as JKH.N, AEL.N and CFVF.N November 16, 2016 The market closed today posting a turnover of LKR 514,076,181 (USD 3.5mn) with the indexes moving down. ASPI closed at 6349.03 down 57.13 points (-0.89%) while the more liquid SP SL20 index closed at 3531.92 down 51.87 points (-1.45%). There were no crossings recorded for the day. Diversified Sector was the highest contributor towards the turnover at LKR 263mn followed by Manufacturing sector and Banks Finance and Insurance sector generating LKR 73mn and LKR 56mn. Foreign investors were net sellers of LKR 79.6mn worth of shares, while their participation in terms of revenue decreased to 32.4% (previous day 61.1%). Estimated net foreign buying topped in NTB.N LKR 5.2mn (USD 35k). Estimated net foreign selling topped in JKH.N LKR 83.1mn (USD 561k). Retail activity was witnessed in counters such as JKH.N, TJL.N and AEL.N November 15, 2016 The market closed today posting a turnover of LKR 470,275,282 (USD 3.2mn) with the indexes moving down. ASPI closed at 6406.16 down 9.43 points (-0.15%) while the more liquid SP SL20 index closed at 3583.79 down 6.18 points (-0.17%). Crossings accounted for 35% of the turnover with two crossings in COMB.N (LKR 163mn; USD 1,100k). Banks Finance and Insurance Sector was the highest contributor towards the turnover at LKR 217mn followed by Diversified sector and Manufacturing sector generating LKR 186mn and LKR 30mn. Foreign investors were net sellers of LKR 125.4mn worth of shares, while their participation in terms of revenue increased to 61.1% (previous day 4.0%). Estimated net foreign buying topped in HNB.N LKR 16.8mn (USD 113k). Estimated net foreign selling topped in JKH.N LKR 179.7mn (USD 1,215k). Retail activity was witnessed in counters such as JKH.N, LIOC.N and LLUB.N November 10, 2016 The market closed today posting a turnover of LKR 294,312,539 (USD 1.9mn) with the indexes moving up. ASPI closed at 6420.78 up 3.23 points (+0.05%) while the more liquid SP SL20 index closed at 3593.65 up 5.20 points (+0.14%). Crossings accounted for 25% of the turnover with one crossing each in JKH.N (LKR 51mn; USD 345k) and COMB.N (LKR 24mn; USD 166k). Banking, Finance and Insurance Sector was the highest contributor towards the turnover at LKR 65mn followed by Diversified sector and Plantations sector generating LKR 63mn and LKR 47mn. Foreign investors were net buyers of LKR 14mn worth of shares, while their participation in terms of revenue increased to 19.6% (previous day 16.1%). Estimated net foreign buying topped in SINS.N LKR 12.6mn (USD 85k). Estimated net foreign selling topped in TJL.N LKR 5.4mn (USD 37k). Retail activity was witnessed in counters such as AEL.N, TJL.N and TAJ.N November 09, 2016 The market closed today posting a turnover of LKR 437,225,674 (USD 2.9mn) with the indexes moving down. ASPI closed at 6417.55 down 21.51 points (-0.33%) while the more liquid SP SL20 index closed at 3588.45 down 26.13 points (-0.72%). Crossings accounted for 43% of the turnover with one crossing each in TKYO.X (LKR 25mn; USD 174k), CTC.N (LKR 38mn; USD 261k), HNB.N (LKR 34mn; USD 236k) and CSF.N (LKR 91mn; USD 616k). Banking, Finance and Insurance Sector was the highest contributor towards the turnover at LKR 166mn followed by Manufacturing and Diversified sector generating LKR 56mn and LKR 53mn. Foreign investors were net buyers of LKR 106mn worth of shares, while their participation in terms of revenue increased to 16.1% (previous day 11.4%). Estimated net foreign buying topped in CTC.N LKR 38.7mn (USD 262k). Estimated net foreign selling topped in TKYO.NLKR 3.7mn (USD 25k). Retail activity was witnessed in counters such as AEL.N, TJL.N and GRAN.N November 08, 2016 The market closed today posting a turnover of LKR 161,753,984 (USD 1.1mn) with the indexes moving down. ASPI closed at 6439.06 down 5.91 points (-0.09%) while the more liquid SP SL20 index closed at 3614.58 down 5.32 points (-0.15%). Crossings accounted for 29% of the turnover with one crossing each in AEL.N (LKR 26mn; USD 176k) and CFIN.N (LKR 22mn; USD 146k). Banking, Finance and Insurance Sector was the highest contributor towards the turnover at LKR 56mn followed by Construction Sector and Beverage Food and Tobacco sector generating LKR 44mn and LKR 17mn. Foreign investors were net buyers of LKR 12mn worth of shares, while their participation in terms of revenue decreased to 11.4% (previous day 39.3%). Estimated net foreign buying topped in CTC.N LKR 7.7mn (USD 52k). Estimated net foreign selling topped in NDB.N LKR 1.3mn (USD 9k). Retail activity was witnessed in counters such as AEL.N, GRAN.N and ALLI.N November 07, 2016 The market closed today posting a turnover of LKR 406,081,864 (USD 2.7mn) with the indexes moving up. ASPI closed at 6,444.97 up 9.80 points (+0.15%) while the more liquid SP SL20 index closed at 3,619.90 up 11.35 points (+0.31%). Crossings accounted for 31% of the turnover with two crossings in JKH.N (LKR 123mn; USD 836k). Diversified sector was the highest contributor towards the turnover at LKR 270mn followed by Banking, Finance and Insurance Sector and Manufacturing sector generating LKR 58mn and LKR 18mn. Foreign investors were net buyers of LKR 188mn worth of shares, while their participation in terms of revenue decreased to 39.3% (previous day 44.0%). Estimated net foreign buying topped in JKH.N LKR 178.2mn (USD 1,203k). Estimated net foreign selling topped in CCS.N LKR 2.5mn (USD 17k). Retail activity was witnessed in counters such as JKH.N, COCR.N and CCS.N November 03, 2016 The market closed today posting a turnover of LKR 217,659,633 (USD 1.5mn) with the indexes moving up. ASPI closed at 6,442.09 up 13.05 points (+0.20%) while the more liquid SP SL20 index closed at 3,610.40 up 11.67 points (+0.32%). Crossings accounted for 15% of the turnover with one crossing in HNB.N (LKR 34mn; USD 233k). Banking, Finance and Insurance sector was the highest contributor towards the turnover at LKR 63mn followed by Power and Energy Sector and Manufacturing sector generating LKR 42mn and LKR 31mn. Foreign investors were net buyers of LKR 61mn worth of shares, while their participation in terms of revenue decreased to 21.0% (previous day 47.8%). Estimated net foreign buying topped in HNB.N LKR 35.1mn (USD 237k). Estimated net foreign selling topped in NEST.N LKR 2.1mn (USD 14k). Retail activity was witnessed in counters such as SIRA.N, AEL.N and MGT.N November 02, 2016 The market closed today posting a turnover of LKR 605,875,678 (USD 4.1mn) with the indexes moving up. ASPI closed at 6429.04 up 28.87 points (+0.45%) while the more liquid SP SL20 index closed at 3598.73 up 27.86 points (+0.78%). Crossings accounted for 29% of the turnover with one crossing each in PLC.N (LKR 20mn; USD 136k) and SAMP.N (LKR 153mn; USD 1,030k). Banking, Finance and Insurance sector was the highest contributor towards the turnover at LKR 362mn followed by Diversified sector and Manufacturing sector generating LKR 98mn and LKR 85mn. Foreign investors were net buyers of LKR 393mn worth of shares, while their participation in terms of revenue increased to 47.8% (previous day 10.7%). Estimated net foreign buying topped in SAMP.N LKR 162.8mn (USD 1,099k). Estimated net foreign selling topped in TKYO.X LKR 1.1mn (USD 8k). Retail activity was witnessed in counters such as COMB.N, JKH.N and COCR.N November 02, 2016 COLOMBO, Nov 1 (Reuters) - The Sri Lankan central bank governor said on Tuesday he expected the rupee to stabilise when the $1 billion sale of a stake in the southern port of Hambantota to a Chinese investor was completed in four to five months. Central Bank Governor Indrajit Coomaraswamy said that proceeds of the sale would be converted into rupees, which would help ease downward pressure on the currency since mid-September due to seasonal importer demand for U.S. dollars. "The sale of the Hambantota port where the country will get a billion dollar is particularly helpful. This should help to stabilise both the currency and the domestic interest rates," Coomaraswamy told reporters. The sale of an 80-percent stake in the port to a Chinese company was announced last week by Finance Minister Ravi Karunanayake. One-week forwards of the rupee ended weaker at 148.60/70 on Tuesday. The rupee has also been under pressure from bond outflows. Foreign investors have sold a net 16 billion rupees ($108 million) worth of government securities in the two weeks to Oct. 26, data from the central bank showed.Coomaraswamy said foreign investors were staying away from emerging markets because of the possibility of a U.S. Federal Reserves rate hike in December.In Sri Lanka, markets are poised for directions from the national budget, which is due on Nov. 10, dealers said. October 31, 2016 The market closed today posting a turnover of LKR 142,436,020 (USD 0.96mn) with the indexes moving down. ASPI closed at 6,409.23 down 15.62 points (-0.24%) while the more liquid SP SL20 index closed at 3,559.92 down 12.44 points (-0.35%). Crossings accounted for 21% of the turnover with one crossing in PAP.N (LKR 30mn; USD 203k). Banking, Finance and Insurance sector was the highest contributor towards the turnover at LKR 41mn followed by Power and Energy sector and Manufacturing sector generating LKR 34mn and LKR 22mn. Foreign investors were net buyers of LKR 6mn worth of shares, while their participation in terms of revenue decreased to 6.3% (previous day 21.1%). Estimated net foreign buying topped in ASIR.N LKR 4.2 (USD 29k). Estimated net foreign selling topped in DIAL.N LKR 4.5mn (USD 30k). Retail activity was witnessed in counters such as ALUM.N, PLC.N and LLUB.N October 27, 2016 Indices closed on a mixed note; turnover dampened by lack of investor participation The market closed today posting a turnover of LKR 204,663,196 (USD 1.3mn) with the indexes moving in the opposite directions to each other. ASPI closed at 6438.50 up 3.61 points (+0.06%) while the more liquid SP SL20 index closed at 3584.06 down 1.76 points (-0.05%). There were no crossings recorded during the day. Banking and Finance sector was the highest contributor towards the turnover at LKR 58mn followed by Manufacturing sector and Telecommunications sector generating LKR 34mn and LKR 23mn. Foreign investors were net sellers of LKR 18mn worth of shares, while their participation in terms of revenue decreased to 21.3% (previous day 28.6%). Estimated net foreign buying topped in CTC.N LKR 4.2 (USD 28k). Estimated net foreign selling topped in COMB.X LKR 5.7mn (USD 39k). Retail activity was witnessed in counters such as TJL.N, CSEC.N and CFVF.NOctober 25, 2016 The market closed today posting a turnover of LKR 135,907,669 (USD 0.9mn) with the indexes moving up. ASPI closed at 6436.97 up 18.63 points (+0.29%) while the more liquid SP SL20 index closed at 3587.47 up 0.51 points (+0.01%). Crossings accounted for 23% of the turnover with one crossing in RAL (LKR 31mn; USD 212k). Beverage Food and Tobacco sector was the highest contributor towards the turnover at LKR 52mn followed by Banking and Finance sector and Manufacturing sector generating LKR 46mn and LKR 15mn. Foreign investors were net buyers of LKR 17mn worth of shares, while their participation in terms of revenue decreased to 13.0% (previous day 22.2%). Estimated net foreign buying topped in LION.N LKR 15.8 (USD 107k). Estimated net foreign selling topped in HNB.N LKR 4.3mn (USD 29k). Retail activity was witnessed in counters such as WATA.N, CFVF.N and COCR.N October 24, 2016 The market closed today posting a turnover of LKR 301,293,313 (USD 2.0mn) with the indexes moving down. ASPI closed at 6418.34 down 29.2 points (-0.45%) while the more liquid SP SL20 index closed at 3586.96 down -7.63 points (-0.21%). There were no crossings recorded during the day. Banking and Finance sector was the highest contributor towards the turnover at LKR 120mn followed by Manufacturing and Diversified sector generating LKR 65mn and LKR 36mn. Foreign investors were net buyers of LKR 62mn worth of shares, while their participation in terms of revenue decreased to 22.2% (previous day 49.0%). Estimated net foreign buying topped in COMB.N LKR 34.6 (USD 235k). Estimated net foreign selling topped in HNB.N LKR 5.2mn (USD 35k). Retail activity was witnessed in counters such as LIOC.N, CFVF.N and JKH.N October 21, 2016 The market closed today posting a turnover of LKR 1,151,322,721 (USD 7.8mn) with the indexes moving in the same direction. ASPI closed at 6447.53 up 5.17 points (+0.08%) while the more liquid SP SL20 index closed at 3594.59 up 1.42 points (+0.04%). Crossings accounted for 60% of the turnover with four crossings in HHL (LKR 206mn; USD 1,399k), two in DIAL (LKR 241 mn; USD 1,641k), one in PAP (LKR 225mn; USD 1,530k) and one in WATA (LKR 20mn; USD 136k). Diversified sector was the highest contributor towards the turnover at LKR 343mn followed by Telecom and Power & Energy sector generating LKR 269mn and LKR 227mn. Foreign investors were net buyers of LKR 233.8mn worth of shares, while their participation in terms of revenue increased to 49.0% (previous day 31.8%). Estimated net foreign buying topped in HHL.N LKR 206.4 (USD 1403k). Estimated net foreign selling topped in DIAL.N LKR 50.5mn (USD 343k). Retail activity was witnessed in counters such as TKYO.X, AEL.N and JKH.N October 20, 2016 Activities in the Colombo bourse continued to remain dismal recording thin volumes and turnover levels. The benchmark fell 2.03 points (0.03%), while S&P SL20 index also closely followed suit depreciating 3.88 points (0.11%) respectively. The benchmark index has declined 92.41 points or 1.41% since the beginning of the month while eroding LKR 39bn from the market. The cable manufacturer ACL came under limelight today, making entrance to the top turnover and volume lists. The stock closed flat at LKR 64.00 during today’s trading session. NDB and CTC managed to secure next slots in the turnover list aided by negotiated deals. Negotiated deals accounted for ~15% of today’s turnover. Low valued stocks in the likes of BLUE.X, HPFL emerged among highest gainers for the day, while ATL recorded largest daily losses. Foreign investors aligned on to the buying side today, generating a net foreign inflow of LKR 39mn. ACL reported the highest net inflow, while LION recorded the highest net outflow. October 19, 2016 The ASPI gained marginally mainly due to price increases in stocks such as, John Keells Holdings and Commercial Leasing and Finance. The day’s total turnover was recorded below the twelve-month average daily turnover to which John Keells Holdings (Voting) contributed the majority (29% of total turnover). There were no crossings recorded for the day. The Bourse saw net foreign buying during the day. The All Share Price Index gained 1.5 points to close at 6,444.4 (0.0%), while the S&P SL20 Index gained 5.3 points to close at 3,597.1 (+0.2%). Total turnover for the day stood at LKR 483.4mn (USD 3,287.5k) vs. 12-months average daily turnover of LKR 896.7mn (USD 6,097.8k), whilst the volume traded for the day was 16,003k against the 12-month average daily volume of 35,604k. Top contributory counters towards the day’s turnover were John Keells Holdings (Voting) LKR 140.5mn (USD 955.3k, +0.7%), Hatton National Bank (Non-voting) LKR 37.4mn (USD 254.1k, 0.0%), Central Finance Company LKR 29.3mn (USD 199.0k, 0.0%), ACL Cables LKR 26.2mn (USD 177.8k, 0.0%), Bairaha Farms LKR 22.9mn (USD 155.7k, +1.2%). Foreign purchases amounted to LKR 248.0mn (USD 1,686.3k), whilst foreign sales amounted to LKR 101.0mn (USD 686.6k). This resulted in a net foreign inflow of LKR 147.0mn being recorded at the end of the day’s trading. October 18, 2016 The ASPI declined for the eighth straight session mainly due to price declines in stocks such as, John Keells Holdings, Sri Lanka Telecom, Ceylon Beverage Holdings, Hemas Holdings and Commercial Leasing and Finance.The day’s total turnover was recorded below the twelve month average daily turnover to which John Keells Holdings contributed the majority with the assistance of a crossing. Crossings were also recorded in Hatton National Bank (Voting) and Dialog Axiata. The Bourse saw net foreign buying during the day. The All Share Price Index lost 9.8 points to close at 6,447.9 (-0.2%), while the S&P SL20 Index lost 6.7 points to close at 3,591.7 (-0.2%). Total turnover for the day stood at LKR 389.6mn (USD 2,653.8k) vs. 12-months average daily turnover of LKR 897.7mn (USD 6,114.2k), whilst the volume traded for the day was 11,485k against the 12-month average daily volume of 35,710k. Top contributory counters towards the day’s turnover were John Keells Holdings LKR 70.1mn (USD 477.7k, -0.7%), Central Finance LKR 60.3mn (USD 410.7k, +0.0%), Hatton National Bank (Voting) LKR 50.4mn (USD 343.0k, -0.1%), Dialog Axiata LKR 36.1mn (USD 245.6k, 0.0%), Ceylon Tobacco Company LKR 17.2mn (USD 117.0k, -0.3%). Foreign purchases amounted to LKR 195.6mn (USD 1,332.6k), whilst foreign sales amounted to LKR 97.5mn (USD 664.0k). This resulted in a net foreign inflow of LKR 98.3mn being recorded at the end of the day’s trading October 17, 2016 The ASPI declined sharply mainly due to price declines in the market heavy weights such as Commercial Bank of Ceylon and John Keells Holdings. The day’s total turnover was recorded sharply below the average twelve-month daily turnover amidst lack lustre investor participation to which Expo Lanka Holdings contributed the majority with the assistance of two crossings. Foreign Investors were net buyers during the day. The All Share Price Index lost 29.9 points to close at 6,452.7 (-0.5%), while the S&P SL20 Index lost 16.7 points to close at 3,598.4 (-0.5%). Total turnover for the day stood at LKR 291.3mn (USD 1,984.4k) vs. 12-months average daily turnover of LKR 899.9mn (USD 6,131.4k), whilst the volume traded for the day was 23,690k against the 12-month average daily volume of 35,710k.Top contributory counters towards the day’s turnover were Expo Lanka Holdings LKR 82.1mn (USD 559.2k, -1.5%), John Keells Holdings LKR 36.4mn (USD 247.9k, -0.7%), Ceylon Grain Elevators LKR 12.3mn (USD 83.6k, -2.1%), ACL Plastics LKR 11.9mn (USD 80.8k, -0.1%), Hemas Holdings LKR 11.8mn (USD 80.4k, -0.1%).Foreign purchases amounted to LKR 37.2mn (USD 253.6k), whilst foreign sales amounted to LKR 36.6mn (USD 249.2k). This resulted in a net foreign inflow of LKR 0.6mn being recorded at the end of the day’s trading. October 11, 2016 (Reuters) - Sri Lankan shares ended weaker for a second straight session on Tuesday, led by top conglomerate John Keells Holdings, though foreign investors' buying and gains in financials helped to cap the fall.Trading volume was low as cautious investors awaited direction from the budget and September-quarter corporate results.The benchmark index of the Colombo Stock Exchange finished 0.37 percent weaker at 6,538.28, its lowest close since Sept. 30."There was a bit of interest in the banking sector. But the overall market is still struggling with not many people ready to invest as tight liquidity has driven up market interest rates," said Dimantha Mathew, head of research, First Capital Equities (Pvt) Ltd."Outlook is mixed with expectations of better earnings for the last quarter and rising fixed-income returns ahead of the budget. Not many people are in for medium- to long-term investments at the moment. The market will move sideways until the budget."Turnover was 603.7 million rupees ($4.12 million), less than this year's daily average of around 750 million rupees.Stockbrokers said the market might see lower trading volumes as many investors await direction from the budget, scheduled on Nov. 10, and the government's long-term economic policy announcement.A number of companies are expected to report their September-quarter results later this month, stockbrokers said.Foreign investors, who have sold a net 2.73 billion rupees worth of shares so far this year, bought a net 246.3 million rupees worth of shares on Tuesday.Shares of John Keells Holdings fell 1.3 percent.Banking shares gained with top lender Commercial Bank of Ceylon rising 0.47 percent and Hatton National Bank climbing 0.87 percent. October 10, 2016 The ASPI declined sharply due to price declines in the market heavy weight Nestle Lanka. The day’s total turnover was recorded sharply below the average twelve-month daily turnover to which John Keells Holdings contributed the majority. There were no crossings recorded. The Bourse saw net foreign selling during the day. The All Share Price Index lost 19.8 points to close at 6,562.5 (-0.3%), while the S&P SL20 Index lost 3.3 points to close at 3,661.2 (-0.1%). Total turnover for the day stood at LKR 336.3mn (USD 2,292.9k) vs. 12-months average daily turnover of LKR 909.7mn (USD 6,201.7k), whilst the volume traded for the day was 21,634k against the 12-month average daily volume of 36,093k. Top contributory counters towards the day’s turnover were John Keells Holdings LKR 47.9mn (USD 326.5k, 0.0%), Ceylon Tobacco Company LKR 46.1mn (USD 314.6k, -0.6%), Lankem Developments LKR 28.3mn (USD 193.2k, +11.6%), Tokyo Cement Company (Voting) LKR 27.7mn (USD 188.6k, - 1.3%), Tokyo Cement Company (Non-Voting) LKR 17.2mn (USD 117.5k, -0.8%).Foreign purchases amounted to LKR 92.0mn (USD 627.4k), whilst foreign sales amounted to LKR 99.7mn (USD 679.9k). This resulted in a net foreign outflow of LKR 7.7mn being recorded at the end of the day’s trading. Market capitalization stood at LKR 2,797.5bn. YTD performance of the ASPI is -4.8%. September 21, 2016 The ASPI gained sharply due to price increases in John Keells Holdings, Sri Lanka Telecom, Ceylinco Insurance, Teejay Lanka and Dialog Axiata. The day’s total turnover crossed the LKR 1.4bn mark to which National Development Bank contributed the majority with the assistance of three crossings. Crossings were also recorded in John Keells Holdings (Voting) and Hatton National Bank (Voting). The Bourse saw net foreign buying during the day. The All Share Price Index gained 21.7 points to close at 6,451.6 (+0.3%), while the S&P SL20 Index gained 13.8 points to close at 3,565.9 (+0.4%). Total turnover for the day stood at LKR 1,432.9mn (USD 9,824.1k) vs. 12-months average daily turnover of LKR 910.7mn (USD 6,243.7k), whilst the volume traded for the day was 34,172k against the 12-month average daily volume of 35,985k. Top contributory counters towards the day’s turnover were National Development Bank LKR 502.8mn (USD 3,446.8k, 0.0%), John Keells Holdings (Voting) LKR 376.5mn (USD 2,581.0k, +1.1%), Hatton National Bank (Voting) LKR 78.7mn (USD 539.5k, -0.4%), Commercial Bank of Ceylon (Voting) LKR 78.2mn (USD 536.2k, +0.1%), Sampath Bank LKR 40.3mn (USD 276.0k, +0.4%). Foreign purchases amounted to LKR 667.7mn (USD 4,577.4k), whilst foreign sales amounted to LKR 638.8mn (USD 4,379.3k). This resulted in a net foreign inflow of LKR 28.9mn being recorded at the end of the day’s trading September 20, 2016 The ASPI declined sharply to close below its seven week low mainly due to price dips in Ceylon Tobacco Company, Commercial Bank, Distilleries Company of Sri Lanka, Sri Lanka Telecom and Asian Hotels and Properties. The day’s total turnover was recorded at moderate levels to which Distilleries Company of Sri Lanka contributing the majority to the day’s total turnover. There were no crossings during the day.The Bourse saw net foreign buying during the day. The All Share Price Index lost 20.5 points to close at 6,429.9 (-0.3%), while the S&P SL20 Index lost 11.0 points to close at 3,552.0 (-0.3%). Total turnover for the day stood at LKR 458.6mn (USD 3,147.7k) vs. 12-months average daily turnover of LKR 909.4mn (USD 6,241.6k), whilst the volume traded for the day was 34,200k against the 12-month average daily volume of 35,990k. Top contributory counters towards the day’s turnover were Distilleries Company of Sri Lanka LKR 90.9mn (USD 623.7k, -1.7%), Hatton National Bank (Voting) LKR 55.7mn (USD 382.2k, 0.0%), Textured Jersey LKR 44.7mn (USD 307.0k, +0.7%), Sampath Bank LKR 37.8mn (USD 259.2k, - 0.7%), John Keells Holdings (Warrant 23) LKR 15.7mn (USD 107.7k, -0.1%). Foreign purchases amounted to LKR 240.6mn (USD 1,651.6k), whilst foreign sales amounted to LKR 95.3mn (USD 653.9k). This resulted in a net foreign inflow of LKR 145.4mn being recorded at the end of the day’s trading September 14, 2016 The ASPI declined sharply mainly due to price dips in Distilleries Company of Sri Lanka, Ceylon Tobacco Company, C T Holdings, Asiri Hospital Holdings and Cargills Ceylon. The day’s total turnover was recorded at moderate levels with Commercial Bank of Ceylon (Voting) contributing the majority to the day’s total turnover with the assistance of three crossings. Foreign investors were net buyers during the day. The All Share Price Index lost 15.4 points to close at 6,492.7 (-0.2%), while the S&P SL20 Index lost 7.5 points to close at 3,582.8 (-0.2%). Total turnover for the day stood at LKR 749.9mn (USD 5,163.9k) vs. 12-months average daily turnover of LKR 914.7mn (USD 6,298.9k), whilst the volume traded for the day was 29,493k against the 12-month average daily volume of 36,017k. Top contributory counters towards the day’s turnover were Commercial Bank of Ceylon (Voting) LKR 308.5mn (USD 2,124.1k, +1.4%), Chevron Lubricants Lanka LKR 87.0mn (USD 599.2k, -0.4%), John Keells Holdings (Warrant 23) LKR 48.3mn (USD 332.7k, -11.4%), Sampath Bank LKR 30.2mn (USD 207.7k, +0.4%), John Keells Holdings (Voting) LKR 29.9mn (USD 206.2k, +0.1%). Foreign purchases amounted to LKR 449.1mn (USD 3,092.5k), whilst foreign sales amounted to LKR 41.8mn (USD 287.8k). This resulted in a net foreign inflow of LKR 407.3mn being recorded at the end of the day’s trading. September 13, 2016 The ASPI gained sharply mainly due to price gains in Lanka Orix Leasing Company, Ceylon Tobacco Company, Asian Hotels and Properties, Commercial Bank and Sri Lanka Telecom.The day’s total turnover was recorded at low levels amidst lack lustre investor participation. John Keells Holdings (Voting) contributed the majority to the day’s total turnover. There were no crossings recorded for the day. Foreign investors were net buyers during the day.The All Share Price Index gained 13.2 points to close at 6,508.1 (+0.2%), while the S&P SL20 Index gained 8.9 points to close at 3,590.2 (+0.2%). Total turnover for the day stood at LKR 323.8mn (USD 2,232.3k) vs. 12-months average daily turnover of LKR 915.1mn (USD 6,310.0k), whilst the volume traded for the day was 20,331k against the 12-month average daily volume of 36,034k. Top contributory counters towards the day’s turnover were John Keells Holdings (Voting) LKR 73.3mn (USD 505.6k, +0.3%), Chevron Lubricants Lanka LKR 52.5mn (USD 361.9k, +1.0%), Hatton National Bank (Voting) LKR 42.2mn (USD 290.8k, +0.0%), John Keells Holdings (Warrant 23) LKR 35.4mn (USD 244.0k, +51.7%), First Capital Holdings LKR 6.8mn (USD 46.9k, -3.2%)Foreign purchases amounted to LKR 141.1mn (USD 973.0k), whilst foreign sales amounted to LKR 44.3mn (USD 305.5k). This resulted in a net foreign inflow of LKR 96.8mn being recorded at the end of the day’s trading. September 09, 2016 The ASPI declined for the third consecutive day mainly due to the price dip in Nestle Lanka. The day’s total turnover was recorded sharply below the average twelve-month daily turnover to which John Keells Holdings (Voting) contributed the majority. There were no crossings recorded for the day. The bourse saw net foreign selling during the day.The All Share Price Index lost 7.0 points to close at 6,494.9 (-0.1%), while the S&P SL20 Index gained 2.1 points to close at 3,581.4 (+0.1%). Total turnover for the day stood at LKR 303.2mn (USD 2,091.8k) vs. 12-months average daily turnover of LKR 920.8mn (USD 6,352.2k), whilst the volume traded for the day was 20,081k against the 12-month average daily volume of 36,058k. Top contributory counters towards the day’s turnover were John Keells Holdings (Voting) LKR 44.4mn(USD 306.0k, 0.0%), Dialog Axiata LKR 27.4mn (USD 189.3k, 0.0%), ACL Cables LKR 26.1mn (USD 180.1k, -1.0%), John Keells Holdings (Warrant 23) LKR 17.7mn (USD 121.8k, +52.6%), National Development Bank LKR 14.5mn (USD 100.4k, +0.1%).Foreign purchases amounted to LKR 40.8mn (USD 281.5k), whilst foreign sales amounted to LKR 69.1mn (USD 476.5k). This resulted in a net foreign outflow of LKR 28.3mn being recorded at the end of the day’s trading. September 08, 2016 USD/LKR closed at 145.00/15 compared with Wednesday's close of 145.40/45. One-week forwards were quoting at 145.15/30, compared with previous day's close of 145.65/70, but were not traded as the spot was actively traded. The rupee ended firmer on Thursday as late inward remittances ahead of the annual haj pilgrimage surpassed the mild dollar demand from importers, dealers said. The ASPI declined for the second straight session due to price dips in stocks such as John Keells Holdings, Ceylon Cold Stores, Ceylon Tobacco Company, Good Hope and Textured Jersey. The day’s total turnover was recorded at moderate levels to which Distilleries Company of Sri Lanka contributed the majority assisted by two crossings. A crossing each was recorded in Ceylinco Insurance (Non-voting) and Ceylon Cold Stores. The bourse saw net foreign selling during the day.The All Share Price Index lost 6.9 points to close at 6,501.9 (-0.1%), while the S&P SL20 Index lost 3.2 points to close at 3,579.3 (-0.1%).Total turnover for the day stood at LKR 758.4mn (USD 5,221.3k) vs. 12-months average daily turnover ofLKR 922.3mn (USD 6,349.3k), whilst the volume traded for the day was 20,763k against the 12-month average daily volume of 36,098k.Top contributory counters towards the day’s turnover were Distilleries Company of Sri Lanka LKR233.2mn (USD 1,605.5k, +0.3%), First Capital Holdings LKR 82.8mn (USD 570.0k, +8.0%), Ceylon Cold Stores LKR 51.2mn (USD 352.4k, -1.5%), Ceylinco Insurance (Non-voting) LKR 32.6mn (USD 224.4k, -1.6%), Access Engineering LKR 30.0mn (USD 206.6k, -1.5%).Foreign purchases amounted to LKR 273.1mn (USD 1,880.1k), whilst foreign sales amounted to LKR295.8mn (USD 2,036.7k). This resulted in a net foreign outflow of LKR 22.7mn being recorded at the end of the day’s trading. September 01, 2016 Deputy Chairman Eshana de Silva took over as the Chairman of Pan Asia Banking Corporation (PABC), yesterday following the resignation of Nimal Perera after completing nine years on the Board as per Central Bank directions on good corporate governance. Eshan joined the Board of Pan Asia Bank in July, 2008 and was appointed as Deputy Chairman in April, 2012. He is the Chairman of Esna Holdings Ltd., Shermans Logistics Ltd, Shermans Transport Ltd, Hanjin Shipping Lanka Ltd and he is the Deputy Chairman of Esna Ltd and Director at Esna Power Ltd, Esna Exports Ltd., Sherman De Silva & Co. Ltd, Sherman Sons td, Mc Marine Ltd, Esna Allied Enterprises Ltd, Mountbatten Lands Ltd, Plumbago Lanka Ltd, Esna International Ltd, Esna Lubricants Ltd, Integrated Shipping Agencies Ltd., Interocean Energy Ltd., and is the Honorary Consul General for Kazakhstan. Aug 31, 2016 The yield on 03-month T-Bills fell one basis point to 9.03 percent, while that on 12-month bills rose 02 bps to 10.73 percent. The 06-month bill yield was flat at 9.94 percent. The debt office got bids worth Rs73.6 billion and sold 26.9 billion rupees of bills, mostly of one year tenor. Aug 30, 2016 The ASPI gained marginally due to price gains in stocks such as Lanka Orix Leasing, Overseas Reality, The Lanka Hospital Corporation, Lanka IOC, and Access Engineering.The day’s turnover was recorded at moderate levels to which Ceylon Grain Elevators made the highest contribution assisted by three crossings.Two crossings were also recorded in John Keells Holdings (Voting). Foreign investors were net sellers during the day.The All Share Price Index gained 1.6 points to close at 6,541.8 (+0.0%), while the S&P SL20 Index lost 6.1 points to close at 3,579.6 (-0.2%).Total turnover for the day stood at LKR 727.3mn (USD 4,998.3k) vs. 12-months average daily turnover of LKR 937.7mn (USD 6,444.0k), whilst the volume traded for the day was 21,596k against the 12-month average daily volume of 36,938k.Top contributory counters towards the day’s turnover were Ceylon Grain Elevators LKR 275.3mn (USD 1,891.7k, +4.8%), John Keells Holdings (Voting) LKR 136.2mn (USD 936.0k, -0.3%), The KingsburyLKR 39.8mn (USD 273.8k, +5.0%), Lanka IOCLKR 21.7mn (USD 149.5k, +2.7%), Access Engineering LKR17.9mn (USD 122.8k, +1.6%). NForeign purchases amounted to LKR 119.2mn (USD 818.9k), whilst foreign sales amounted to LKR 344.9mn (USD 2,370.5k). This resulted in a net foreign outflow of LKR 225.8mn being recorded at the end of the day’s trading. The spot rupee ended at 145.60/65 per dollar, compared with Friday's close of 145.75/85, while one-week rupee forwards closed at 145.75/85, compared with the previous close of 145.95/146.00. The Sri Lankan rupee ended firmer on Monday as exporter dollar sales surpassed importer demand for the greenback, dealers said. Aug 29, 2016 LB Finance PLC declared a first and final dividend of Rs. 7.50 per share (par value of Rs 5.00) to the shareholders for the financial year 2015/16. This is an increase of 50% from the previous year, with a total dividend declaration exceeding Rs. 1 Billion. This is the highest dividend paid in the company’s history and stands as a testament to the company’s attitude towards providing the highest possible return to the shareholder. (PRESS RELEASE) - The National Savings Bank’s (NSB) Profit After Tax (PAT) for the first half stood at Rs. 4.78 billion up from Rs. 3.86 billion during the same period last year. This 24% increase is most noteworthy considering several challenges the Bank had to face during this period under review. These challenges included a weak Equities market environment and mark to market losses on account of increases in interest rates on investments in Government securities. Total assets of the Bank reached Rs. 875 Billion fueled by a satisfactory growth in both retail and corporate lending. The total lending portfolio growth of 10.6% for the first half of 2016 was comparable with the previous year. In another positive development the Bank improved its asset quality considerably with a decrease in NPL ratio to 2% by June 2016 from 3.5% reported end last year. Lower impairment provisioning assisted in enhancing profitability during this first half of the year.Net interest margins declined marginally on account of changes to deposit mix, resulting in a higher cost of funds.The Bank’s Tier 1 capital adequacy ratio stood at 15.94% while the total capital adequacy for the reviewed quarter was 14.97%. These ratios however, remain well above the regulatory standards for well capitalized banks. Liquidity ratio of the Bank stood at 75.19% by the end of June 2016, which is well above the regulatory requirement of 20%. By the end of June 2016, the branch network of the Bank reached to 250 branches and the Bank has added 5 new branches during the period under review. AAA Rating of the Bank was reaffirmed for the 14th consecutive year by the Fitch Ratings Lanka. NSB is the only local bank to receive AAA rating from Fitch Ratings and maintain the same for 14 years. Aug 24, 2016 The ASPI declined sharply mainly due to price dips in stocks such as John Keells Holdings, Ceylon Cold Stores and Asiri Hospital Holdings.The day’s turnover crossed LKR 1.3bn mark to which National Development Bank made the highest contribution (c.16% to total turnover). Crossings were recorded in Ceylon Tobacco Company and TokyoCement Company Lanka (Voting).The bourse saw net foreign selling during the day.The All Share Price Index lost 15.5 points to close at 6,588.3 (-0.2%), while the S&P SL20 Index lost 14.2 points to close at 3,613.8 (-0.4%). Total turnover for the day stood at LKR 1,317.0mn (USD 9,064.8k) vs. 12-months average daily turnover of LKR 936.8mn (USD 6,448.1k), whilst the volume traded for the day was 31,009k against the 12-month average daily volume of 37,066k.Top contributory counters towards the day’s turnover were National Development Bank LKR 213.0mn(USD 1,465.9k, -0.1%), Ceylon Tobacco Company LKR 208.0mn (USD 1,431.8k, +0.0%), Tokyo Cement Company Lanka (Voting) LKR 140.4mn (USD 966.4k, -1.8%), Ceylon Grain Elevators LKR 89.1mn (USD 613.3k, -0.9%), Royal Ceramics Lanka LKR 78.2mn (USD 538.2k, +0.6%).Foreign purchases amounted to LKR 336.5mn (USD 2,316.4k), whilst foreign sales amounted to LKR 572.9mn (USD 3,942.9k). This resulted in a net foreign outflow of LKR 236.3mn being recorded at the end of the day’s trading. Aug 23, 2016 The ASPI gained sharply to close above its 13-week high mainly due to the number of advances (88) outpacing the number of declines (59). Index gains were supported by price gains in stocks such as Asiri Hospital Holdings, Softlogic Holdings, Sampath Bank, Tokyo Cement and Overseas Reality.The day’s turnover crossed LKR 1.8bn mark to which Ceylon Grain Elevators made the highest contribution. Crossings were recorded in Chevron Lubricants Lanka, Commercial Bank (Voting),John Keells Holdings (Voting) and Sampath Bank.The bourse saw net foreign selling during the day. The All Share Price Index gained 9.2 points to close at 6,603.8 (+0.1%), while the S&P SL20 Index lost - 9.2 points to close at 3,628.0 (-0.3%).Total turnover for the day stood at LKR 1,805.8mn (USD 12,428.6k) vs. 12-months average daily turnoverof LKR 935.9mn (USD 6,441.5k), whilst the volume traded for the day was 52,209k against the 12-month average daily volume of 37,081k. Top contributory counters towards the day’s turnover were Ceylon Grain Elevators LKR 319.7mn (USD 2,200.6k, +11.9%), National Development Bank LKR 294.9mn (USD 2,029.8k, -3.4%), Commercial Bank (Voting) LKR 212.6mn (USD 1,463.1k, +0.2%), Sampath Bank LKR 174.8mn (USD 1,202.9k, +1.6%), Chevron Lubricants Lanka LKR 91.7mn (USD 631.3k, -0.6%) Foreign purchases amounted to LKR 507.1mn (USD 3,490.2k), whilst foreign sales amounted to LKR 909.5mn (USD 6259.8k). This resulted in a net foreign outflow of LKR 402.4mn being recorded at the end of the day’s trading. Aug 22, 2016 The ASPI declined marginally mainly due to price dips in the market heavy-weight Ceylon Tobacco Company. The day’s turnover was recorded at moderate levels to which Expolanka Holdings made the highest contribution. A crossing each was recorded in Chevron Lubricants Lanka and Ceylon Tobacco Company. The bourse saw net foreign buying during the day.The All Share Price Index lost 7.7 points to close at 6,594.6 (-0.1%), while the S&P SL20 Index gained 4.3 points to close at 3,637.1 (+0.1%).Total turnover for the day stood at LKR 643.9mn (USD 4,432.0k) vs. 12-months average daily turnover of LKR 932.4mn (USD 6,418.1k), whilst the volume traded for the day was 34,073k against the 12-month average daily volume of 36,991k.Top contributory counters towards the day’s turnover were Expolanka Holdings LKR71.3mn (US 490.9k, -1.4%), Access Engineering LKR 52.0mn (USD 358.2k, +2.3%), Distilleries Company of Sri Lanka LKR 46.3mn (USD 319.0k, -1.1%), Ceylon Tobacco Company LKR 37.8mn (USD 259.8k, - 2.0%), Chevron Lubricants Lanka LKR 30.3mn (USD 208.6k, -0.4%)Foreign purchases amounted to LKR 169.5mn (USD 1,166.6k), whilst foreign sales amounted to LKR 120.9mn (USD 832.2k). This resulted in a net foreign inflow of LKR 48.6mn being recorded at the end of the day’s trading. Aug 18, 2016 The ASPI gained sharply due to price increases in the market heavy-weight John Keells Holdings, Ceylon Tobacco Company, Commercial Bank, Sri Lanka Telecom and Asiri Hospital Holdings. The day’s turnover crossed LKR 1.7bn mark to which National Development Bank made the highest contribution with the assistance of a crossing. A Crossing each was also recorded in John Keells Holdings (Voting) and Commercial Bank (Voting). Foreign investors were net buyers during the day. The All Share Price Index gained 15.3 points to close at 6,593.3 (+0.2%), while the S&P SL20 Index gained 15.7 points to close at 3,622.2 (+0.4%).Total turnover for the day stood at LKR 1,784.4mn (USD 12,281.8k) vs. 12-months average daily turnover of LKR 939.2mn (USD 6,464.4k), whilst the volume traded for the day was 46,991k against the 12-month average daily volume of 36,959k. Top contributory counters towards the day’s turnover were National Development Bank LKR 852.9mn (USD 5,870.6k, -0.1%), John Keells Holdings (Voting) LKR 345.4mn (USD 2,377.6k, +1.0%), Commercial Bank (Voting) LKR 91.1mn (USD 627.2k, +1.5%), Distilleries Company LKR 78.8mn (USD 542.3k, -0.1%), Lanka IOC LKR 44.3mn (USD 304.8k, +1.5%). Foreign purchases amounted to LKR 1,299.8mn (USD 8,946.1k), whilst foreign sales amounted to LKR 956.6mn (USD 6,583.9k). This resulted in a net foreign inflow of LKR 343.2mn being recorded at the end of the day’s trading Aug 16, 2016 The ASPI declined marginally mainly due to the number of declines (90) outpacing the number of advances (67). Price gains in stocks such as John Keells Holdings, Dialog Axiata, Commercial Leasing and Finance and CT Holdings helped in reducing index losses. The day’s turnover was recorded at moderate levels to which National Development Bank made the highest contribution, assisted by a crossing and some block trades on the normal board. The bourse saw net foreign selling during the day. The All Share Price Index lost 4.7 points to close at 6,578.0 (-0.1%), while the S&P SL20 Index gained m4.9 points to close at 3,606.5 (+0.1%). Total turnover for the day stood at LKR 851.7mn (USD 5,862.2k) vs. 12-months average daily turnover of LKR 943.3mn (USD 6,492.3k), whilst the volume traded for the day was 34,405k against the 12-month average daily volume of 36,922k. Top contributory counters towards the day’s turnover were National Development Bank LKR 170.9mn (USD 1,176.5k, +0.6%),John Keells Holdings (Voting) LKR 112.6mn (USD 775.1k, +0.9%), Lanka IOC LKR 80.4mn (USD 553.4k, +1.0%), Tokyo Cement Company (Non-voting) LKR 74.9mn (USD 515.4k, +2.7%), Lanka Orix Leasing LKR 35.8mn (USD 246.1k, -0.1%). Foreign purchases amounted to LKR 104.2mn (USD 717.4k), whilst foreign sales amounted to LKR 194.1mn (USD 1,335.9k). This resulted in a net foreign outflow of LKR 89.9mn being recorded at the end of the day’s trading Aug 15, 2016 The ASPI gained sharply mainly due to price gains in the market heavy-weight Nestle Lanka. The day’s turnover was recorded at moderate levels to which Lanka IOC made the highest contribution. A crossingwas recorded in Chevron Lubricants Lanka. Foreign investors were net buyers during the day. The All Share Price Index gained60.5 points to close at 6,582.60 (+0.9%), while the S&P SL20 Index gained 34.8 points to close at 3,601.7 (+1.0%).Total turnover for the day stood at LKR 675.1mn (USD 4,647.2k) vs. 12-months average daily turnover ofLKR 943.3mn (USD 6,483.0k), whilst the volume traded for the day was 32,643k against the 12-month average daily volume of 36,938k.Top contributory counters towards the day’s turnover were Lanka IOCLKR 105.9mn (USD 728.7k, +6.4%),Agstar (Voting) LKR 55.7mn (USD 383.3k, -3.4%), Distilleries Company LKR 53.7mn (USD 369.9k, +1.7%), Chevron LubricantsLKR 53.0mn (USD 364.8k, +1.4%), Lanka Orix Leasing LKR 36.5mn (USD 251.4k, 0.0%).Foreign purchases amounted to LKR 169.7mn (USD 1,167.8k), whilst foreign sales amounted to LKR 107.1mn (USD 737.0k). This resulted in a net foreign inflow of LKR 62.6mn being recorded at the end of the day’s tradingAug 15, 2016 China's blue-chip CSI300 Index rose 1.3 percent to a seven-month high and Shanghai added 0.9 percent amid talk more stimulus would be forthcoming from Beijing. MSCI's broadest index of Asia-Pacific shares outside Japan recouped early losses to stand steady. In Oil - oil prices edged higher after boasting gains of 6 percent last week as Saudi Arabia's oil minister held out the chance of action to help stabilize the market. Brent crude futures were up 31 cents on Monday at $47.28 a barrel, while U.S. crude added 35 cents to $44.84.

Aug 12, 2016 The ASPI gained marginally due to price increases in the market heavy-weight, John Keells Holdings. The day’s turnover was recorded at moderate levels to which John Keells Holdings (Voting) made the highest contribution with the assistance of two crossings. Crossings were also recorded in Lion Brewery Ceylon and Chevron Lubricants Lanka. The bourse saw net foreign buying during the day. The All Share Price Index gained 7.4 points to close at 6,522.1 (+0.1%), while the S&P SL20 Index gained 12.2 points to close at 3,566.8 (+0.3%). Total turnover for the day stood at LKR 725.0mn (USD 4,990.7k) vs. 12-months average daily turnover of LKR 943.3mn (USD 6,493.2k), whilst the volume traded for the day was 27,424k against the 12-month average daily volume of 36,952k. Top contributory counters towards the day’s turnover were John Keells Holdings (Voting) LKR 195.5mn (USD 1,345.9k, +1.6%), Lion Brewery Ceylon LKR 114.0mn (USD 785.0k, +0.8%), Chevron Lubricants Lanka LKR 50.5mn (USD 347.9k, -0.3%), Hatton National Bank (Voting) LKR 43.4mn (USD 298.4k, +0.9%), Lanka Orix Leasing Company LKR 36.2mn (USD 248.9k, +0.1%). Foreign purchases amounted to LKR 355.5mn (USD 2,447.2k), whilst foreign sales amounted to LKR 200.8mn (USD 1,382.4k). This resulted in a net foreign inflow of LKR 154.7mn being recorded at the end of the day’s trading.  Market capitalization stood at LKR 2,779.4bn. YTD performance of the ASPI is -5.4%. Aug 11, 2016  ASPI closed at 6,514.77, down 28.98 points or 0.44 percent with losses in Nestle Lanka and Ceylon Cold Stores. The market started off for the day on a positive note although failing to keep up the momentum, to close in red. The ASPI and S&P SL20 index dipped 28.98 points and 10.99 points respectively. Interest today was on EXPO, with the stock securing the top slot turnover and volume wise, with a contribution of ~15.5% and ~38% respectively. EXPO closed LKR 0.10 higher at LKR 7. LLUB and DIST continued to be favourites falling in second and third place turnover wise, assisted by a single negotiated deal on each stock, collectively contributing LKR 93mn. Domestic participation was higher during the day while foreigners were on the selling side posting a net foreign outflow of LKR 13mn. DIST secured the highest net foreign inflow while EXPO saw the highest net foreign outflow of LKR 59.50mn. Price losers outnumbered price gainers 82 to 67. ASPI closed at 6,393.87, higher 1.72 points 0.03 percent gains in Sri Lanka Telecom and John Keels Holdings, brokers said. Turnover was 446 million rupees. July 28, 2016 The ASPI gained marginally due to price gains in stocks such as CT Holdings, Commercial Bank, Hemas Holdings, Distilleries Company and Lanka Orix Leasing Company. Index gains were restricted by price dips in Sri Lanka Telecom and John Keells Holdings.The day’s total turnover was recorded above the average twelve month daily turnover to which Dialog Axiata made the highest contribution. Dialog Axiata traded actively by way of four crossings and some block trades during the day. Foreign investors were net buyers during the day. The All Share Price Index gained 9.7 points to close at 6,392.2 (+0.2%), while the S&P SL20 Index gained 12.9 points to close at 3,414.7 (+0.4%). Total turnover for the day stood at LKR 991.5mn (USD 6,796.5k) vs. 12-months average daily turnover of LKR 945.9mn (USD 6,483.9k), whilst the volume traded for the day was 74,437k against the 12-month average daily volume of 37,088k. Top contributory counters towards the day’s turnover were Dialog Axiata LKR 470.8mn (USD 3,227.2k, 0.0%), Hemas Holdings LKR 179.6mn (USD 1,231.0k, +2.3%), John Keells Holdings LKR 33.8mn (USD 231.8k, -0.2%), LB Finance LKR 33.3mn (USD 228.4k, +1.2%), People’s Leasing & Finance LKR 31.4mn (USD 215.4k, -0.5%). Foreign purchases amounted to LKR 748.1mn (USD 5,128.3k), whilst foreign sales amounted to LKR 730.8mn (USD 5,009.3k). This resulted in a net foreign inflow of LKR 17.4mn being recorded at the end of the day’s trading. Over 23 million shares of Dialog Axaita was traded at 11.00 rupees, Thursday. The stock is now trading at 11.10 rupees, up 0.10 rupees July 27, 2016 The ASPI declined marginally mainly due to price dips in market heavy weights such as John Keells Holdings, Ceylon Tobacco Company, Sri Lanka Telecom, Bukit Darah and Aitken Spence. The day’s total turnover was recorded sharply below the average twelve month daily turnover to which Distilleries Company of Sri Lanka made the highest contribution. There were no crossings recorded for the day. The bourse saw net foreign buying for the day.The All Share Price Index lost 5.4 points to close at 6,382.4 (-0.1%), while the S&P SL20 Index lost 5.0 points to close at 3,401.8 (-0.2%).Total turnover for the day stood at LKR 364.0mn (USD 2,494.8k) vs. 12-months average daily turnover of LKR 945.4mn (USD 6,479.5k), whilst the volume traded for the day was 48,532k against the 12-month average daily volume of 36,954k.Top contributory counters towards the day’s turnover were Distilleries Company of Sri Lanka LKR36.0mn (USD 246.9k, +2.5%), People’s Leasing & Finance LKR 32.7mn (USD 224.0k, +0.6%), Nation Lanka Finance LKR 29.7mn (USD 203.8k, +5.6%), Hayleys Fabric LKR 23.4mn (USD 160.4k, +0.6%),Chevron Lubricants Lanka LKR 19.2mn (USD 131.7k, +0.4%). Foreign purchases amounted to LKR 90.6mn (USD 620.6k), whilst foreign sales amounted to LKR 75.7mn (USD 518.8k). This resulted in a net foreign inflow of LKR 14.9mn being recorded at the end of the day’s trading. Sri Lanka’s six-month Treasury Bills fell six basis points to 9.69% while that one one-year Bills fell one basis point to 10.48%. The central bank’s public debt department did not accept bids for three-month bills. Rs48.3 billion worth of bids and accepted bids worth Rs20 billion. July 26, 2016 The ASPI declined sharply mainly due to price dips in market heavy weights such as Carson Cumber batch, Hemas Holdings, John Keells Holdings, Sri Lanka Telecom and Ceylon Cold Stores. The day’s total turnover was recorded sharply below the average twelve month daily turnover to which Tokyo Cement Company (Non-voting) made the highest contribution. There were no crossings recorded for the day. The bourse saw net foreign selling for the day. The All Share Price Index lost 9.2 points to close at 6,387.9 (-0.1%), while the S&P SL20 Index lost 5.2 points to close at 3,406.8 (-0.2%). Total turnover for the day stood at LKR 265.1mn (USD 1,815.7k) vs. 12-months average daily turnover of LKR 946.8mn (USD 6,486.1k), whilst the volume traded for the day was 23,981k against the 12-month average daily volume of 36,924k. Top contributory counters towards the day’s turnover were Tokyo Cement Company (Non-voting) LKR 20.9mn (USD 143.3k, +2.7%), Tokyo Cement Company (Voting) LKR 18.7mn (USD 128.4k, +2.1%), Nation Lanka Finance LKR 17.9mn (USD 122.4k, +5.9%), Hayleys Fibre LKR 17.4mn (USD 119.3k, +2.0%), First Capital Holdings LKR 8.8mn (USD 60.4k, +12.2%).  Foreign purchases amounted to LKR 25.6mn (USD 175.3k), whilst foreign sales amounted to LKR 29.6mn (USD 202.9k). This resulted in a net foreign outflow of LKR 4.0mn being recorded at the end of the day’s trading July 14, 2016

July 13, 2016 Asian shares were trading higher on solid U.S. growth and accommodative economic policy in major markets, media reports said. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent to 427.83. Japan's Nikkei gained 1 percent. Australian stocks added 0.3 percent and South Korea's Kospi rose 0.6 percent. New Zealand shares were little changed with the Shanghai advancing 0.3 percent. MSCI's broadest gauge of the world's stock markets has recovered all the losses after Britain's referendum to hit its highest level in over a month, the report said. USD/LKR 1wk fwd closed at 146.30/40 weaker than Monday's close of 146.20/50. It traded at 146.67 per dollar intraday. Dealers said that the rupee ended weaker on Tuesday on a lack of exporter dollar conversions and as foreign investors cut down on rupee bond buying in favour of a new higher-yielding sovereign dollar bonds.

July 12, 2016

ASPI trading at 6,401.31, up 29.07 points or 0.46 percent with gains in Dialog Axaita and  Commercial Bank, brokers said. The day’s total turnover was recorded at moderate level to which Hayleys Fibre made the highest contribution. Crossings were recorded in Commercial Bank of Ceylon (Voting) and Lanka Orix Leasing Company. Total turnover for the day stood at LKR 562.6mn (USD 3,854.5k) vs. 12-months average daily turnover of LKR 957.2mn (USD 6,558.5k), whilst the volume traded for the day was 33,941k against the 12-month average daily volume of 36,628k. Top contributory counters towards the day’s turnover were Hayleys Fibre LKR 72.8mn (USD 499.1k, +37.2%), Seylan Bank (Voting) LKR 38.2mn (USD 261.4k, +0.8%), Chevron Lubricants Lanka LKR 31.9mn (USD 218.7k, +2.2%), Commercial Bank of Ceylon (Voting) LKR 31.9mn (USD 218.6k, +1.4%), Aitken Spence Hotel Holdings LKR 29.3mn (USD 200.9k, +1.3%). Foreign purchases amounted to LKR 62.7mn (USD 429.4k), whilst foreign sales amounted to LKR 60.4mn (USD 414.1k). This resulted in a net foreign inflow of LKR 2.2mn being recorded at the end of the day’s trading

July 11, 2016 The ASPI gained marginally due to price gains in Commercial Bank of Ceylon. The day’s total turnover was recorded at moderate level to which John Keells Holdings (Voting) made the highest contribution assisted by six crossings. Crossings were also recorded in Seylan Bank and Lanka Orix Leasing Company. Foreign investors were net buyers during the day. The All Share Price Index gained 5.9 points to close at 6,372.2 (+0.1%), while the S&P SL20 Index gained 11.0 points to close at 3,374.3 (+0.3%). Total turnover for the day stood at LKR 878.8mn (USD 6,028.0k) vs. 12-months average daily turnover of LKR 958.3mn (USD 6,028.0k), whilst the volume traded for the day was 44,805k against the 12-month average daily volume of 36,635k. Top contributory counters towards the day’s turnover were John Keells Holdings (Voting) LKR 432.8mn (USD 2,968.5k, +0.3%), Seylan Bank LKR 183.3mn (USD 1,257.3k, +3.9%), John Keells Holdings (W23) LKR 51.1mn (USD 350.7k, -5.4%), Lanka Orix Leasing Company LKR 24.4mn (USD 167.6k, - 0.1%), Blue Diamonds Jewellery (Voting) LKR 23.8mn (USD 163.2k, +30.8%).  Foreign purchases amounted to LKR 427.2mn (USD 2,930.7k), whilst foreign sales amounted to LKR 82.7mn (USD 567.5k). This resulted in a net foreign inflow of LKR 344.5mn being recorded at the end of the day’s trading.

Sri Lanka has launched sovereign bonds seeking 5 and 10 year funds with Citi, Deutsche Bank, HSBC and Standard Chartered as lead managers, a Bloomberg media report said. The indicative price are 6.125 percent and 7.125 percent range.

July 08, 2016

ASPI gained sharply mainly due to price increases in stocks such as Ceylon Cold Stores, John Keells Holdings, Commercial Bank of Ceylon, Lanka Orix Leasing Company and Sri Lanka Telecom. The day’s total turnover reached LKR 1bn mark with Chevron Lubricants Lanka making the highest contribution to the day’s total turnover. A crossing each was recorded in Lanka Orix Leasing Company, John Keells Holdings (Voting), Expolanka Holdings and National Development Bank. Foreign investors were net buyers during the day. The All Share Price Index gained 55.6 points to close at 6,366.3 (+0.9%), while the S&P SL20 Index gained 37.0 points to close at 3,363.3 (+1.1%). Total turnover for the day stood at LKR 1,015.1mn (USD 6,945.8k) vs. 12-months average daily turnover of LKR 958.6mn (USD 6,559.3k), whilst the volume traded for the day was 38,188k against the 12-month average daily volume of 36,625k. Top contributory counters towards the day’s turnover were Chevron Lubricants Lanka LKR 403.8mn (USD 2,763.3k, +1.6%), John Keells Holdings (Voting) LKR 172.4mn (USD 1,179.5k, +1.0%), Expolanka Holdings LKR 87.5mn (USD 598.9k, +3.0%), John Keells Holdings (W23) LKR 70.8mn (USD 484.4k, +42.3%), National Development Bank LKR 50.7mn (USD 347.1k, +1.8%). Foreign purchases amounted to LKR 657.4mn (USD 4,498.7k), whilst foreign sales amounted to LKR 477.7mn (USD 3,269.0k). This resulted in a net foreign inflow of LKR 179.7mn being recorded at the end of the day’s trading. Sri Lanka 38-Month T-Bond Yield 11.62 Pct At Auction - Central Bank, Sri Lanka 56-Month T-Bond Yield 11.89 Pct At Auction - Central Bank, Sri Lanka 75-Month T-Bond Yield 12.03 Pct At Auction - Central Bank, Sri Lanka 86-Month T-Bond Yield 12.18 Pct At Auction - Central Bank ASPI trading at 6,342.43, up 31.74 points or 0.50 percent with gains in John Keells Holdings Commercial Bank and Dialog Axaita, brokers said. Turnover is 558 million rupees.  USD/LKR one-week forwards quoted at 145.40/60, stronger than Thursday's close of 146.15/30. "Foreign banks are selling (dollars) as foreign investors are buying into bonds," said a currency dealer, asking not to be named. Both spot rupee and spot-next were not quoted, dealers said.

July 07, 2016

ASPI trading at 6,289.55, up 9.16 points or 0.15 percent with gains in Chevron Lubricants  and some banking and Finance stocks, brokers said.

USD/LKR one week fwd quoted at 146.90/147.10 stronger than Tuesday's close of 147.20/30, dealers said. markets were closed on Wednesday for a public holiday. "Importer demand was there in the morning, but later we saw some selling from both local and foreign banks," said a currency dealer, asking not to be named. The central bank did not intervene for the third straight session since the appointment of the new central bank governor. July 06, 2016

USD/LKR one week forward quoted at 147.00/20 after Monday's close of 147.10/20.  Both spot rupee and spot-next were not quoted, dealers said.The rupee edged up in one-week forwards on Tuesday, as dollar sales by a foreign bank outpaced mild importer demand for the greenback, they said. " The central bank did not intervene for the second straight session since the appointment of the new central bank governor, Indrajith Coomaraswamy." The Sri Lankan stock index was up 0.26 percent at 6,271.09 on a turnover of 148.4 million rupees ($1.01 million July 04, 2016 ASPI closed at 6,254.77, down 32.32 points or 0.51 percent with losses in Carson and Cumberbatch, Dialog Axiata and Hatton National Bank, brokers said. Turnover was 277 million rupees.  USD/LKR one-week forwards quoted at 147.00/30,  weaker than Friday's close of 146.40/60. "Everybody is awaiting the new governor's policy statement," dealers said. Dr. Indrajit Coomaraswamy has resigned from his post of board of director of John Keells Holdings to take up a new posting as Governor of the Central Bank of Sri Lanka.”We wish to inform you that he has no relevant interest in the shares of JKH as of 3 July 2016,” the company said in stock exchange filling. Sri Lanka’s President Maithripala Sirisena has appointed Dr. Indrajit Coomaraswamy as the new Governor of the Central Bank of Sri Lanka on Saturday, 02, July. He will assume duties as the Governor of Central Bank on Monday. July 01, 2016 Sri Lanka will have no central bank chief for a few days, the government said on Friday, an unprecedented leadership vacuum that fuels concern about daily operations after the previous governor declined to seek reappointment, the Reuters news agency reported. Mahendran's successor would be appointed "in the coming hours" President Maitripala Sirisena said this week, but on Friday the government said he would only decide after consulting the finance minister. The uncertainty looks set to persist, however, as Finance Minister Ravi Karunanayake only returns to work on July 4 following a visit to Japan, the report said. (7.00 p.m) The ASPI gained marginally mainly due to price gains in Dialog Axiata, Bukit Darah, Ceylon Tobacco Company, Hemas Holdings, Vallibel One and DFCC Bank. The day’s total turnover was recorded at moderate levels to which Chevron Lubricants Lanka made the highest contribution by actively trading by way of six crossings and block trades on the normal board. A crossing was recorded in John Keells Holdings (Voting). Foreign investors were net sellers during the day. The All Share Price Index gained 3.8 points to close at 6,287.1 (+0.1%), while the S&P SL20 Index gained 2.3 points to close at 3,302.5 (+0.1%). Total turnover for the day stood at LKR 707.2mn (USD 4,842.2k) vs. 12-months average daily turnover of LKR 965.2mn (USD 6,608.7k), whilst the volume traded for the day was 10,840k against the 12-month average daily volume of 36,928k. Top contributory counters towards the day’s turnover were Chevron Lubricants Lanka LKR 518.4mn (USD 3,549.2k, +0.7%), John Keells Holdings (Voting) LKR 51.6mn (USD 353.5k, 0.0%), Commercial Bank of Ceylon (Voting) LKR 44.2mn (USD 302.7k, -0.6%), Ceylon Tobacco Company LKR 11.8mn (USD 81.0k, 0.0%), Access Engineering LKR 9.8mn (USD 66.8k, 0.0%). Foreign purchases amounted to LKR 451.9mn (USD 3,094.5k), whilst foreign sales amounted to LKR 580.6mn (USD 3,975.5k). This resulted in a net foreign outflow of LKR 128.7mn being recorded at the end of the day’s trading. (3.30 p.m) ASPI trading at 6,292.51, up 9.24 points or 0.15 percent Friday with gains in Dialog Axaita and John Keells Holding, brokers said, Turnover is 481 million rupees. The index  ended lower for the ninth straight session on Thursday as comments from a minister earlier this week on the imposition of capital gains tax on equities continued to dampen sentiment. Sri Lanka's monetary board will be responsible for the central bank's daily operations effective immediately, Deputy Governor Nandalal Weerasinghe told Reuters on Friday, after the previous governor declined to seek reappointment amid a corruption probe. June 30, 2016