NDB Stockbrokers (Pvt) Ltd

kumiya
Daily Market Update
19th August 2010 Tel: 011 2 314170

Prices gallop
Market rally intensified with optimism over the lifting of 10% band on daily price movements. Yesterday’s
drop in Treasury Bill yields and exceptional profit growth for FY10/11 Q1 are seen as other catalysts.

• Premier Conglomerate John Keells Holdings was Today Previous day

Change
(%)
the highest contributor to the market turnover
ASPI 5,568.50 5,421.75 2.71
with a crossing of 484,419 shares at Rs 259. The MPI 5,876.40 5,837.76 0.66
price increased Rs 1 (0.39%) and closed at Rs Turnover (Rs) 2,809,318,803 4,025,939,259 (30.22)
Volume (Shares) 70,837,657 67,723,282 4.60
258. Foreign Purchase (Rs) 556,220,859 538,728,201 3.25
Foreign Sales (Rs) 824,721,163 198,146,308 316.22
• The Lion Brewery also contributed significantly PER 23.4 22.8 2.63
PBV 2.6 2.5 4.00
to the market turnover with two crossings Closed Price Change Change
Positive contributors
amounting to 1,300,000 shares at Rs 155. The (Rs) (Rs) (%)
Carson Cumberbatch 861.00 78.30 10.00
price appreciated by Rs 2.50 (1.59%), while share Bukit Darah 8,171.30 742.80 10.00
price closed at Rs 160. Aitken Spence & Com 2,462.30 223.80 10.00
Negative contributors
• Three major crossings amounting to 500,000 Nestle Lanka Ltd 700.00 (40.00) (5.41)
Commercial Bank 190.20 (2.50) (1.29)
shares of DFCC Bank at Rs 285, 300,000 shares Ceylon Guardian 971.20 (3.00) (0.30)
of Environmental Resources at Rs 108 and Top Turnover Contributors Volume Turnover (Rs) %
John Keells Holdings 1,457,919 376,638,521 13.41
100,000 shares of Watawala Plantations at Rs 305 The Lion Brewery 1,572,600 245,056,370 8.72
also took place. Touchwood Investment 3,981,000 150,885,960 5.37
DFCC Bank 528,300 150,837,050 5.37
• Hotels & Travel and Diversified sectors Envir. Resources 1,216,900 132,308,920 4.71

contributed significantly to the market turnover, Source: Colombo Stock Exchange

while the sector indices sharply increased by
5.69% and 3.80% respectively.
• Royal Palms Beach Hotels declared a first and
finals dividend of Rs 0.40 per share and Lanka
Aluminium Industries declared a first & final
dividend of Rs 1.25 per share.
Global Market
• Japanese shares fronted a rally across Asia today
T -BOND %
as expectations of further monetary easing
Maturity Bid (Closing) Ask (Closing)
measures bolstered stocks. The Nikkei index 01-03-2011 8.00 8.10
increased by 1.3%. 15-04-2012 8.30 8.40
01-02-2013 8.45 8.55
• Weakness in the construction sector sent 01-04-2014 9.07 9.11
European stocks lower today ahead of the 15-03-2015 9.16 9.19
release of key U.S. jobs data. London's FTSE 100
Source: MVS Money Brokers
Index slipped 0.3%.
World Stock Markets
Date Nikkei 225 (Japan) Dow Jones (USA) FTSE 100 (UK)
Debt Market
12-Aug-10 9,212.59 10,319.95 5,266.10
• Secondary market Treasury bond yields were 13-Aug-10 9,253.46 10,303.15 5,275.40
mixed, while activity was high. The money 16-Aug-10 9,196.67 10,302.01 5,276.10
market continued to be in excess of liquidity 17-Aug-10 9,161.68 10,405.85 5,350.50
(approximately Rs 28Bn). 18-Aug-10 9,240.54 10,415.54 5,302.90
Source: Wall Street Journal & Yahoo Finance
• Rupee depreciated slightly as the exchange rate The information contained in this update has been compiled or arrived at based on information obtained
from sources believed to be reliable. However, we do not make any representation as to its accuracy.
was recorded at Rs 112.32 - 112.35 per US $.