STOCK MARKET WEEKLY

SRI LANKA
Week Ending, Thursday, December 31, 2015

Index Movement & Market Review

Bi Weekly Index Movement

7,200

4,250

Turnover & Foreign Participation

Rs. Mn
2,000

%
80

4,150
7,000

4,050

70
60

1,500

3,950
6,800

3,850

50
40

1,000

3,750
6,600

3,650

30
20

500

3,550

ASPI

FOREIGN_PURCHASES

SPSL20

FOREIGN_SALES

TURNOVER

31-Dec-15

30-Dec-15

29-Dec-15

28-Dec-15

23-Dec-15

21-Dec-15

22-Dec-15

31\-Dec\-15

30\-Dec\-15

29\-Dec\-15

28\-Dec\-15

23\-Dec\-15

22\-Dec\-15

3,450
21\-Dec\-15

6,400

10

FOREIGN_PERCENTAGE

Market Review
The ASPI ended 0.52% higher for the week amid weak turnover levels. Activity centered around the banking, finance, and insurance sectors accounted for a majority of market turnover.
Active foreign participation resulted in a net outflow of Rs. 155mn.

Sector Summary for the Week

Week Close
(Rs.)

Sector

Market Statistics

WoW
Change (%)

YTD Change (%)

Index

WoW
Change

YTD Change (%)

BANKS FINANCE & INSURANCE

17,142.7

0.4

(5.3)

BEVERAGES FOOD & TOBACCO

22,384.6

0.5

4.3

CHEMICALS & PHARMACEUTICALS

7,499.8

0.4

2.6

CONSTRUCTION & ENGINEERING

2,896.8

(0.2)

(24.3)

Average Daily Turnover - Week (Rs. Mn)

192.3

0.1

(13.3)

Average Daily Turnover - YTD (Rs. Mn)

1,059.63

MANUFACTURING

4,402.9

0.1

6.2

Net foreign Inflow / (Outflow) - Week (Rs. Mn)

(154.50)

DIVERSIFIED HOLDING CO.

1,849.4

0.9

(12.2)

Net foreign Inflow / (Outflow) - YTD (Rs. Mn)

734.0

2.9

(10.9)

Market PER FY14 (JKSB Universe)

14.73

3,277.4

0.3

(5.1)

Market PER FY15 (JKSB Universe)

13.29

935.1

0.1

5.7

Market PER FY16E (JKSB Universe)

11.88

18,058.5

3.2

7.6

Market PBV (JKSB Universe)

TELECOMMUNICATION

PLANTATIONS
HOTELS & TRAVELS
HEALTH CARE
TRADING

ASPI

6,894.50

35.9

0.52

(5.54)

S&P-SL20

3,625.69

21.8

0.60

(11.33)

Top 5 Gainers of the Week

Company

314.64

(4,425.92)

1.70

Top 5 Losers of the Week

Week Close (Rs.)

WoW Change (%)

Week Close (Rs.)

WoW Change (%)

0.30

50.00

COLOMBO TRUST (Rights)

0.30

(82.35)

CEYLON PRINTERS PLC

1,965.70

41.42

PC PHARMA

0.50

(28.57)

PARAGON CEYLON PLC

975.10

22.58

ASCOT HOLDINGS (W24)

8.00

(19.19)

UDAPUSSELLAWA PLC

27.90

19.74

ORIENT GARMENTS PLC

7.30

(14.12)

TANGERINE BEACH HOTELS PLC

78.30

18.46

CENTRAL INVESTMENTS PLC

0.70

(12.50)

PC HOUSE PLC

Sector Wise Turnover for the Week

Company

Largest Transactions for the Week

Price (Rs.)

WoW Change
(%)

Volume (Mn
Shares)

COMMERCIAL BANK OF CEYLON PLC

140.20

(0.92)

2.11

22.13

HATTON NATIONAL BANK PLC

210.60

1.25

1.04

67.71

5.52

JOHN KEELLS HOLDINGS PLC

178.10

1.25

1.06

BEVERAGES FOOD & TOBACCO

54.47

4.44

SOFTLOGIC HOLDINGS PLC

15.50

0.00

2.78

CONSTRUCTION & ENGINEERING

41.16

3.36

ACCESS ENGINEERING PLC

23.10

(0.86)

1.65

Turnover (Rs. Mn)

% of Turnover

BANKS FINANCE & INSURANCE

693.58

56.57

DIVERSIFIED HOLDING CO.

271.35

MANUFACTURING

Sector

Company

Source : Colombo Stock Exchange Data Feed, JKSB Estimates

JOHN KEELLS STOCK BROKERS (PVT) LIMITED

Fax : +94 11 234 2068

E-Mail : jkstock@keells.com
Website : www.jksb.com
JKSB Mobile : www.jksbmobile.keells.lk

Company No. PV 89

Market
Closing
Cap (USD
Price (Rs.)
Mn)

PER 15A
(x)

PER 16E (x)

10.94
10.22
8.70
7.76
7.85
8.12
10.31
7.30
8.42

9.95
9.37
7.87
10.38
6.76
6.63
8.83
6.67
7.57

1.72
0.96
1.21
1.10
1.30
1.11
1.25
1.01
1.47

9.11

8.20

1.28

15.40
9.10

11.67
16.58

1.84
1.80

Sector

11.41

10.57

2.12

BEVERAGE, FOOD & TOBACCO

CTC
992.50
1,291
CCS
421.60
278
DIST
246.00
512
NEST
2,049.50
764

21.57
26.27
10.01
29.08

19.07
21.64
8.70
26.22

25.08
3.43
1.18
24.28

Sector

20.83

17.89

4.30

CHEMICALS & PHARMACEUTICALS

HAYC
164.90
34
CIC
100.30
51

7.05
12.48

7.33
11.98

0.84
1.25

Sector

9.89

9.86

1.07

CONSTRUCTION & ENGINEERING

DOCK
150.10
75
AEL
23.10
160

37.21
9.85

14.88
9.60

0.96
1.33

Sector

12.86

10.82

1.19

TELECOMMUNICATIONS
DIAL
10.70
605
SLTL
47.00
589

14.29
14.14

13.79
13.93

1.80
1.28

Sector

14.21

13.85

1.50

15.03
8.31
5.92
7.00
5.77
9.19
13.19
17.58

13.71
8.66
5.38
5.60
5.09
6.52
10.54
14.22

6.60
0.93
0.84
1.35
0.96
1.55
1.57
2.73

10.97

9.30

1.90

10.97
8.93
27.60
16.12
17.88
19.01

9.30
7.77
23.59
15.26
15.60
14.63

1.11
0.77
2.61
1.47
1.42
1.64

15.60

14.11

1.43

N/A
13.37
6.65
119.00

0.35
1.30
0.65
0.94

21.67

0.73

9.30
15.93
30.55
16.82
61.60
10.11

1.32
1.12
3.42
1.03
0.43
1.07

13.63

1.33

Stock

BANKS & FINANCE

COMB
140.20
DFCC
168.10
HNB
210.60
NDB
194.10
NTB
86.30
SAMP
248.00
SEYB
95.00
CFIN
253.00
PLC
22.00

799
309
474
223
138
297
116
184
241

Sector

INSURANCE
CINS
1,485.60
HASU
74.60

MANUFACTURING
LLUB
344.00
ACL
120.90
DIPD
110.00
TILE
110.90
RCL
111.20
TKYO
49.00
GLAS
6.10
TJL
35.50

206
26

287
50
46
41
86
76
40
163

Sector

DIVERSIFIED HOLDINGS
SPEN
96.70
HAYL
307.40
HHL
92.90
JKH
178.10
EXPO
8.10
SHL
15.50

273
160
369
1,470
110
84

Sector

PLANTATIONS
KOTA
17.80
WATA
24.30
KGAL
66.50
KVAL
70.00

5
40
12
17

Sector

HOTELS & TRAVELS

AHUN
68.00
AHPL
59.10
TRAN
94.40
CONN
66.70
EDEN
17.50
KHL
15.40
Sector

NA
14.11
7.31
133.91
119.71

159
182
131
23
6
156

10.23
14.90
32.30
18.60
N/A
12.10
15.94

PBV (x)

WoW
YTD
Change % Change %

(0.92)
3.38
1.25
2.70
(0.58)
0.32
0.00
1.20
(3.51)

(18.01)
(23.24)
8.06
(22.36)
(11.03)
4.95
0.00
1.20
(10.20)

Relative Change Against (x)

ASPI
Sector Index
WoW
YTD
WoW
YTD

(2.76)
5.47
1.39
4.16
(2.10)
(0.38)
(1.00)
1.30
(7.71)

(2.25)
(3.19)
2.45
(3.04)
(0.99)
1.89
1.00
1.22
(0.84)

(3.62)
8.65
2.57
6.70
(2.64)
(0.08)
(1.00)
2.42
(11.01)

(2.40)
(3.39)
2.52
(3.22)
(1.08)
1.94
1.00
0.00
0.00

ROE %
FY15A

Dividend
Yield % *

17.63
9.11
15.82
15.71
19.81
15.83
13.50
16.04
19.74

2.15
5.94
1.93
3.07
2.32
2.89
0.77
0.80
0.00

15.78

(0.96)
(0.53)

7.75
(10.66)

(2.84)
(2.02)

2.40
(0.92)

(3.74)
(2.52)

2.46
(1.01)

13.36
19.22

0.37
1.81

15.34

1.79
0.38
(1.20)
(0.62)

(6.38)
59.09
17.14
(2.64)

2.43
(0.27)
(3.30)
(2.18)

(0.15)
11.66
4.09
0.52

2.58
(0.24)
(3.40)
(2.23)

(2.49)
12.82
3.01
(1.62)

161.87
14.77
12.74
95.50

2.74
0.95
1.22
1.68

23.38

4.37
(1.67)

(4.68)
18.00

7.35
(4.19)

0.16
4.25

11.19
(5.65)

(2.78)
5.85

12.19
10.70

3.03
2.74

11.36

2.11
(0.86)

(22.23)
(28.04)

3.03
(2.64)

(3.01)
(4.06)

9.49
(2.46)

0.08
(0.15)

2.67
15.20

0.00
0.00

10.06

0.94
(0.84)

(19.55)
(5.81)

0.80
(2.61)

(2.53)
(0.05)

15.48
(15.74)

(0.47)
0.56

14.10
9.88

1.84
1.28

10.97

(1.69)
1.26
1.85
0.82
2.30
1.45
0.00
(0.28)

(13.91)
58.25
(23.08)
0.82
(4.88)
(24.50)
24.49
72.33

(4.23)
1.40
2.54
0.56
3.40
1.77
(1.00)
(1.54)

(1.51)
11.51
(3.16)
1.15
0.12
(3.42)
5.42
14.05

(17.23)
11.09
16.82
6.87
21.14
12.95
(1.00)
(3.70)

(3.25)
8.41
(4.73)
(0.87)
(1.79)
(4.96)
2.95
10.68

50.95
11.67
13.83
20.46
17.98
17.31
12.12
19.66

3.56
0.00
2.73
3.16
2.25
1.86
4.92
0.00

18.75

3.87
0.13
0.76
1.25
0.00
0.00

(6.57)
(9.56)
25.03
(18.58)
(5.81)
(6.06)

6.40
(0.75)
0.45
1.39
(1.00)
(1.00)

(0.19)
(0.73)
5.52
(2.35)
(0.05)
(0.09)

3.35
(0.85)
(0.15)
0.41
(1.00)
(1.00)

0.46
0.21
3.06
(0.53)
0.52
0.50

10.22
9.77
12.86
10.08
8.66
8.78

1.03
1.30
0.72
0.88
0.00
0.00

11.00

(1.11)
6.58
(3.62)
0.00

(43.67)
29.26
(29.26)
(5.41)

(3.13)
11.58
(7.93)
(1.00)

(6.9)
6.28
(4.28)
0.02

(1.39)
1.29
(2.26)
(1.00)

(3.00)
3.68
(1.68)
0.51

N/A
9.52
6.31
0.65

44.94
3.50
4.51
5.71

0.54

1.49
0.17
6.67
(1.91)
1.74
0.00

(13.38)
(12.83)
2.50
(21.53)
(31.91)
(9.41)

1.85
(0.68)
11.75
(4.66)
2.34
(1.00)

(1.41)
(1.32)
1.45
(2.89)
(4.76)
(0.70)

4.24
(0.41)
22.40
(7.71)
5.12
(1.00)

(1.62)
(1.51)
1.49
(3.21)
(5.24)
(0.84)

12.97
7.31
9.76
5.65
N/A
9.65

0.74
0.85
0.53
8.57
0.00
0.00

8.37

15A : Year ending Dec. '14/ Mar '15, 16E : Year ending Dec. '16/ Mar '16

PERs exclude exceptional items

* Dividend Yield is calculated based on dividends announced for FY15A

N/A = Not Applicable due to negative EPS

1 USD = Rs. 144.06

Source : Colombo Stock Exchange Data Feed, JKSB Estimates

This document is published by John Keells Stock Brokers (Pvt) Ltd for the exclusive use of their clients. All information has been compiled from available documentation and JKSBs own
research material. Whilst all reasonable care has been taken to ensure the accuracy of the contents of this document, neither JKSB nor its employees can accept responsibility for any decisions
made by investors based on information herein.