Sch890111149

Index 22nd Aug 21st Aug Change % Change

ASPI 6,085.88 6,116.67 (30.79) -0.50%

S&P SL20 3,422.27 3,434.37 (12.10) -0.35%

22nd Aug 21st Aug

652,987,189 955,741,357

249,189,023 321,255,320

156,745,804 659,801,951

403,798,166 634,486,037

496,241,385 295,939,406

19,760,062 26,755,528

17.24 17.32

2.32 2.33

PER

PBV

Market Statistics

Domestic Purchases

Domestic Sales

Foreign Purchases

Foreign Sales

Volume of Turnover (No.)

Value of Turnover(Rs.)

6,220.10 6,233.21 6,224.34 6,116.676,085.88

3,495.69 3,491.55 3,494.183,434.373,422.27

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6,000

7,000

15th Aug 16th Aug 19th Aug 21st Aug 22nd Aug

ASPI S&P SL20

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15th Aug 16th Aug 19th Aug 21st Aug 22nd Aug

Turnover Foreign Purchases Volume

Rs.Mn Volume Mn

The bourse weakens further…

Witnessing yet another day of losses, the Colombo bourse

stretched further into the red terrain mainly due to the

lowly buying sentiment and the slothful participation of

the investors. Further this resulted in the ASPI to fall

below 6,100 mark for the 1st time in three weeks, and to

close at 6,085.88 (down by 30.79 points). The S&P SL 20

closed at 3,422.27 losing 12.10 points or 0.35%. A series of

off-market deals totaling up to LKR 450.73Mn limited the

on-board activity to LKR 202.26Mn, whilst accounting a

share of nearly 70% of the daily aggregated turnover which

amounted to LKR 652.99Mn; the turnover noted a drop of

31.68% against the previous trading day.

John Keells Holdings PLC (JKH) climbed up to the top

position under the turnover list providing LKR 203.13Mn,

while accounting to 31.11% of the turnover; the counter

was predominantly supported by 4 negotiated deals

worth LKR 178.6Mn, where a total of 720K shares were

blocked at prices LKR 247.90/- and LKR 248/-. JKH settled

the day at LKR 248/-, down by LKR 1.40/- or 0.56%. Hemas

Holdings PLC (HHL) added LKR 176.93Mn to the daily

turnover, where most of it flowed in by way of 2 off-

market transactions resulted by a substantial quantity of

5.15Mn shares being crossed at LKR 34.20/- and LKR 34.30/-

.HHL closed the day at LKR 33.20/-, dipping by LKR 0.20/-

or 0.60%. Commercial Bank of Ceylon PLC (COMB), made a

subscription of LKR 81.69Mn to the daily turnover. COMB

too witnessed off-board interest where, an aggregate

quantity of 600K shares were dealt at LKR 118.20/-. The top

three contributors for the day JKH, HHL & COMB made

account to nearly 71% of the daily aggregated turnover.

Lion Brewery Ceylon PLC also witnessed a crossing worth

LKR 24.90Mn within the trading day.

Company Name Price Issued Qty Mkt Capitalization As a % (Total)

CEYLON TOBACCO COMPANY PLC 1,268.50 187,323,751 237,620,178,144 10.05

JOHN KEELLS HOLDINGS PLC 248.00 857,857,188 212,748,582,624 9.00

NESTLE LANKA PLC 2,326.50 53,725,463 124,992,289,670 5.29

COMMERCIAL BANK OF CEYLON PLC 118.60 794,112,495 94,181,741,907 3.98

CARSON CUMBERBATCH PLC 390.00 196,386,914 76,590,896,460 3.24

SRI LANKA TELECOM PLC 40.00 1,804,860,000 72,194,400,000 3.05

THE BUKIT DARAH PLC 680.00 102,000,000 69,360,000,000 2.93

DIALOG AXIATA PLC 8.50 8,143,778,405 69,222,116,442 2.93

DISTILLERIES COMPANY OF SRI LANKA PLC 193.00 300,000,000 57,900,000,000 2.45

AITKEN SPENCE PLC 121.00 405,996,045 49,125,521,445 2.08

Market Capitalisation

Highest Volume Highest Turnover

Company Name Share Turnover (Rs) Company Name Trade Share Turnover (Rs)

Vol. Vol. Vol.

HEMAS HOLDINGS PLC 5,166,001 176,925,973.00 JOHN KEELLS HOLDINGS PLC 108 819,152 203,131,077.50

PANASIAN POWER PLC 1,297,837 3,240,467.50 HEMAS HOLDINGS PLC 17 5,166,001 176,925,973.00

AMANA TAKAFUL PLC 891,215 1,247,722.50 COMMERCIAL BANK OF CEYLON PLC 56 690,847 81,686,403.40

CENTRAL INVESTMENTS & FINANCE PLC 860,187 698,900.50 THE LION BREWERY CEYLON PLC 2 67,296 24,899,510.10

JOHN KEELLS HOLDINGS PLC 819,152 203,131,077.50 HATTON NATIONAL BANK PLC 17 117,621 18,051,966.00

SMB LEASING PLC (X) 803,806 241,282.30 NATIONS TRUST BANK PLC 39 221,205 13,817,632.60

PC HOUSE PLC 748,885 524,547.90 CHEVRON LUBRICANTS LANKA PLC 14 38,691 11,800,658.40

COMMERCIAL BANK OF CEYLON PLC 690,847 81,686,403.40 SAMPATH BANK PLC 46 55,160 10,491,543.40

EXPOLANKA HOLDINGS PLC 546,107 3,986,100.70 SANASA DEVELOPMENT BANK PLC 109 103,270 8,277,896.80

UNION BANK OF COLOMBO PLC 420,978 7,158,923.90 UNION BANK OF COLOMBO PLC 93 420,978 7,158,923.90

Under the sectorial summary, Diversified Holdings (DIV) sector provided LKR 393.37Mn, dominating the list while

accounting to 60.24% of the total turnover. Bank Finance & Insurance (BFI) sector added LKR 171.21Mn to the daily

turnover. The daily volume amounted to 19.76Mn shares, indicating a drop of 26.14% against the previous trading

day. The main contributors to the volume were Hemas Holdings PLC, Panasian Power PLC & Amana Takaful PLC

with 5.17Mn, 1.30Mn & 891K shares respectively being traded.

Price losers surpassed the price gainers by 117:48, where Environmental Resources Investments PLC [W3] (33.33%)

headed the gainers, on the contrary Serendib Engineering Group PLC (-22.86%) led the price losers. As at the daily

closure the total market capitalization reduced to LKR 2.51Tn, while minimizing the year to date gain to 15.64%.

Foreign participants appeared to be bearish for the first time during the week, resulting in a net foreign outflow of

LKR 92.44Mn; this reduced the year to date net foreign inflow to LKR 18.43Bn. The local FOREX market for the day

closed with, the USD selling at LKR 133.54/- and buying at LKR 130.34/-.

Market Highlights - Sector WiseSector Price Index Turnover Sector

Today Privious Value (Rs) Volume Trades P/E PBV

BANK FINANCE AND INSURANCE 12,902.93 12,941.60 171,206,194 6,020,778 1,206 9.70 1.70

BEVERAGE FOOD AND TOBACCO 21,554.15 21,749.50 32,918,641 315,404 206 24.10 7.00

CONSTRUCTION AND ENGINEERING 2,794.24 2,858.16 1,912,521 115,216 74 13.60 1.60

CHEMICALS AND PHARMACEUTICALS 6,718.86 6,712.70 1,853,194 115,557 73 7.70 1.40

DIVERSIFIED HOLDINGS 1,867.51 1,876.68 393,370,806 7,506,494 441 23.20 2.30

FOOTWEAR AND TEXTILE 789.42 786.28 329,870 101,536 52 0.00 1.00

HOTELS AND TRAVELS 3,183.50 3,188.13 4,091,405 348,523 287 66.30 3.90

HEALTH CARE 652.87 651.47 3,541,358 169,590 52 25.40 2.50

INVESTMENT TRUSTS 17,801.25 17,793.10 3,391,935 306,415 111 29.00 1.30

INFORMATION TECHNOLOGY 47.73 46.06 2,154,884 994,679 126 8.00 0.70

LAND AND PROPERTY 555.79 563.12 2,504,330 134,593 95 9.50 0.90

MANUFACTURING 3,000.85 3,008.57 20,731,606 1,072,479 404 12.80 1.90

MOTORS 15,206.94 15,571.18 405,930 2,310 32 3.80 1.30

OIL PALMS 96,854.29 97,837.86 30,320 44 4 83.60 6.90

POWER & ENERGY 117.87 118.62 9,212,768 1,700,494 247 15.50 1.50

PLANTATIONS 706.03 711.03 1,432,480 59,459 121 9.20 0.80

STORES SUPPLIES 22,542.16 22,564.09 592,446 1,705 16 31.00 2.00

SERVICES 23,232.16 23,384.08 1,910,684 572,033 104 9.10 1.80

TELECOMMUNICATIONS 158.14 158.14 766,367 89,546 25 14.80 1.50

TRADING 14,854.56 14,795.42 407,722 129,888 35 11.80 1.40

Top GainersCompany Name VWA Prev VWA Days Change Change High Low No. of Turnover

Close Close (Rs.) % (Rs.) (Rs.) Shares (Rs.)

ENVI. RESOURCES [W3] 0.30 0.40 0.10 33.33 0.40 0.30 227,963 68,389.20

SINHAPUTHRA FIN 82.30 94.00 11.70 14.22 95.00 82.90 12,528 1,112,822.90

DUNAMIS CAPITAL 10.90 12.00 1.10 10.09 12.10 11.40 158,838 1,905,964.90

PC PHARMA 1.10 1.20 0.10 9.09 1.20 1.10 84,201 100,921.20

MULLERS 1.20 1.30 0.10 8.33 1.30 1.20 322 418.40

Top LosersCompany Name VWA Prev VWA Days Change Change High Low No. of Turnover

Close Close (Rs.) % (Rs.) (Rs.) Shares (Rs.)

SERENDIB ENG.GRP 175.00 135.00 (40.00) (22.86) 135.00 135.00 5 675.00

CEYLON LEATHER [W13] 1.50 1.30 (0.20) (13.33) 1.40 1.20 70,609 94,222.50

KALAMAZOO 1,184.50 1,066.00 (118.50) (10.00) 1,198.00 1,050.00 14 15,124.30

SATHOSA MOTORS 250.00 225.00 (25.00) (10.00) 225.30 225.00 217 48,831.20

MET. RES. HOL. 23.20 21.20 (2.00) (8.62) 22.60 21.00 134 2,847.40

22nd August 21st August

Buying Selling Buying Selling Ind: Value Ind: Value

Dollar (USA) 130.34 133.54 130.29 133.49 Yuan (China) 21.51 21.50

Pound (UK) 202.87 208.95 203.50 209.47 Rupee (India) 2.05 2.08

Euro (EU) 173.54 178.72 174.00 179.82 Won (Korean) 0.12 0.12

Franc (Sw itzerland) 139.95 145.42 141.09 146.56 Dinar (Kuw ait) 463.30 462.79

Dollar (Canada) 123.43 127.92 124.38 128.91 Ringgit (Malay) 39.73 39.95

Dollar (Australia) 116.14 120.68 116.80 121.36 Rial (Oman) 342.20 341.82

Dollar (Singapore) 101.12 104.54 101.46 105.00 Riyal (Qatar) 36.18 36.14

Yen (Japan) 1.32 1.37 1.33 1.38 Riyal (KSA) 35.13 35.09

Dirham (UAE) 35.87 35.83

This week Last week This Week Last week This Month Last Month

91 Days - 8.61 Weekly 11.89 11.88 Monthly 10.43 10.56

182 Days 9.65 9.66 Monthly 11.84 12.47 6 Months 10.61 10.61

364 Days 10.55 10.56 6 Months 13.21 13.59 1 Year 13.36 13.61

May June July May June July

7.30 6.80 6.10 7.00 9.30 9.80

8.80 8.60 8.30 5.60 5.80 6.00

Over Night 7 Days 1 M 3 M 6 M 12 M

8.74 9.16 9.98 10.95 11.84 12.57

0.47813  0.48438  0.49188  0.51209  0.59300  0.87938 

0.11530  0.14883  0.18336  0.26210  0.39450  0.66610 

(CBSL.lk, Global-rates.com, CBSL )

Rate ( Per Annum)Description

Year on Year Change

LIBOR - GBP (21st August) (%)

LIBOR - USD (21st August) (%)

Description

Annual Average Change

SLIBOR (22nd August) (%)

SLIBOR & LIBOR

Statutory Reserve Ratio (SRR)

Colombo Consumers’ Price Index (CCPI)

Central Bank's Policy Rates

2013 2012Description

AWPLR AWDR

7.00

9.00

15.00

6.00

Central Bank Repurchase (Repo) Rate

Central Bank Reverse Repurchase (Reverse Repo) Rate

Treasury Bills

Bank Rate

Currency Currency

Indicative Rates

21st August22nd August

Exchange Rates

Country Foreign Markets- Index 21-Aug-13 % Change 20-Aug-13 % Change 19-Aug-13

USA Dow Jones Indus. AVG 14,897.55 -0.70% 15,002.99 -0.05% 15,010.74

USA NASDAQ Composite Index 3,599.79 -0.38% 3,613.59 0.68% 3,589.08

Europe Euro Stoxx 50 Pr 2,774.58 -0.48% 2,787.98 -1.25% 2,823.35

UK FTSE 100 6,390.84 -0.97% 6,453.46 -0.19% 6,465.73

Japan Nikkei 225 13,424.33 0.21% 13,396.38 -2.63% 13,758.13

Hong Kong Hang Seng Index 21,817.73 -0.69% 21,970.29 -2.20% 22,463.70

China CSI 300 Index 2,308.59 -0.17% 2,312.47 -0.81% 2,331.43

Pakistan Karachi 100 Index 23,015.27 -2.01% 23,487.23 -0.48% 23,600.23

India BSE Sensex 30 Index 17,905.91 -1.86% 18,246.04 -0.34% 18,307.52

Singapore Straits Times Index 3,108.99 -0.63% 3,128.75 -1.40% 3,173.33

Malaysia FTSE Bursa Malaysia EMAS 12,157.80 -0.06% 12,165.08 -1.97% 12,410.17

Bangladesh DSE General Index DGEN N/A N/A N/A N/A N/A

Mongolia MSE Top 20 Index 13,676.54 -0.24% 13,708.82 1.06% 13,565.61

Bloomberg

Grade Commodity 22-Aug-13 21-Aug-13 19-Aug-13

LC No.1X Brent Crude Oil 109.81 110.15 111.17

LC No.1 WTI Crude Oil 103.85 104.96 107.46

LC No.2 Gold 1,370.60 1,373.10 1,371.70

LC No.3 Silver 22.96 23.07 23.32

LC No.4 Copper 3.31 3.34 3.36

SC (Br) No.1

SC (Br) No.3

SC (Br) No.4 Month 2011 2012 2013

Flat Bark January 74,197 85,874 97,411

Skim Crepe February 65,797 83,549 93,232

March 75,130 91,102 98,155

April 63,835 69,591 79,829

May 48,943 57,506 70,026

June 53,636 65,245 73,628

July 83,786 90,338

Elevation Sale No : 31 Sale No : 30 August 72,463 79,456

Uva High 384.06 364.42 September 60,219 71,111

Western High 400.14 392.54 October 69,563 80,379

Uva Medium 394.38 381.86 November 90,889 109,202

Western Medium 373.83 356.37 December 97,517 122,252

Low Grow n 446.96 454.11 Total 855,975 1,005,605 512,281

Rubber Prices - 13 August 2013

Price Range (Rs)

400.00 - 410.00

355.00 - 370.00

Tea Prices

250.00 - 260.00

310.00 - 320.00

241.00 - 241.00

248.00 - 255.00

380.00 - 395.00

World Commodity Prices

410.00 - 410.00

320.00 - 328.00

Tourist Arrivals to Sri Lanka258.00 - 278.00

Sri Lanka external trade expands in June

Sri Lanka's exports rose 6.8 percent to 807.4 million US dollars in June 2013 from a year earlier with apparel exports

up 14.9 percent to 356.8 million US dollars. Apparel exports to the US rose 24.8 percent while exports to the EU rose

6.7 percent in June. Exports of machinery and mechanical items had risen 25.5 percent and rubber products had

risen 7.7 percent to 69 million US dollars. Agricultural exports were up 8.1 percent to 192.6 million US dollars with tea

growing 14.5 percent to 116 million US dollars. Imports grew 15.3 percent with consumer goods up 18.7 percent

including motor cars. Intermediate goods were up 45.5 percent to 1,091 million US dollars with fuel imports up 45.5

percent to 582 million US dollars. Investment goods imports were flat at 269 million US dollars with machinery and

equipment up 8.5 percent to 138.6 percent but transport equipment down 29.1 percent to 37.7 million US dollars and

building materials up 2 percent to 92.9 million US dollars. The trade gap rose 25 percent to 829 million US dollars. In

the six months to June exports dropped 4.5 percent to 4.66 billion US dollars, imports dropped 5.8 percent to 9,217

million US dollars and the trade gap expanded 7.1 percent to 4,556 million US dollars. The trade gap was driven by

higher income from non-merchandise exports including worker remittances (exports of labour) which rose 9

percent to 3.2 billion US dollars in the first six months and tourism earnings which rose 22.9 percent to 565.3 million

US dollars. (lankabusinessonline.com)

China manufacturing activity sees sharp rebound

China's manufacturing activity rebounded in August, easing fears of a slowdown in its economy. The bank's

Purchasing Managers' Index (PMI), a key gauge of the sector's health, rose to 50.1 from 47.7 in July. China has taken

various steps in recent weeks to boost its economic growth - which has slowed for two quarters. The data comes

amid fears that China's growth rate - which has declined for two straight quarters - may slow further. The world's

second-biggest economy grew at an annualized rate of 7.5% in the April to June quarter, down from 7.7% in the

previous three months. One of the reasons that has played a key role in the slowdown has been the decline in

demand for Chinese exports from key markets such as the US and Europe as those economies grapple with their

own set of problems. Prompted by the slowdown in external demand - Beijing has been trying to boost domestic

consumption in an attempt to rebalance its economy and sustain high levels of growth. From the start of this month,

China has suspended the value-added tax and turnover tax for small businesses with monthly sales of less than

20,000 Yuan ($3,257; £2,125). (bbc.co.uk)

UK manufacturers enjoying strong rebound

Manufacturers in the UK are enjoying the strongest rebound in two years. Orders, especially for exports, have

recovered strongly, according to the business group's regular Industrial Trends survey of 400 firms, and the growth

rate is expected to accelerate. The buildings materials, electrical goods and metal manufacturing sectors are seeing

particularly robust growth. (bbc.co.uk)

Vice President – Business Development Manager - Research

Thakshila Hulangamuwa Pasindu Perera

thakshi@ashaphillip.net pasindu@ashaphillip.net

0094 113070494 0094 112429109

Research Team

Lasantha Senanayake lasantha@ashaphillip.net 0094 112429129

Anurudhdha Basnayake anurudhdha@ashaphillip.net 0094 112429137

Nishantha Warnakulasuriya nishantha@ashaphillip.net 0094 112429137

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reliable. Whilst all responsible care has been taken to ensure that the facts stated are accurate and the opinions given are fair and reasonable neither Asha Phillip Securities Ltd, nor

any Director Officer or employee, shall in any way be responsible for the contents. Asha Phillip Securities Ltd may act as a Broker in the investments which are the subject of this document or related investments and may have acted upon or used the information contained in this document, or the research or analysis on which it is based, before its publication.

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