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Index 12th Dec 11th Dec Change % Change ASPI 5,793.19 5,787.81 5.38 0.09% S&P SL20 3,189.44 3,182.27 7.17 0.23% 12th Dec 11th Dec 247,709,418 180,072,696 182,669,420 125,447,345 195,527,131 148,929,412 65,039,998 54,625,351 52,182,287 31,143,283 15,593,358 9,930,109 14.82 14.81 1.95 1.95 PER PBV Market Statistics Domestic Purchases Domestic Sales Foreign Purchases Foreign Sales Volume of Turnover (No.) Value of Turnover(Rs.) 5,810.24 5,821.30 5,778.52 5,787.81 5,793.19 3,183.09 3,194.30 3,176.62 3,182.27 3,189.44 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 6th Dec 9th Dec 10th Dec 11th Dec 12th Dec ASPI S&P SL20 0 10 20 30 40 50 60 70 80 0 100 200 300 400 500 600 700 800 900 6th Dec 9th Dec 10th Dec 11th Dec 12th Dec Turnover Foreign Purchases Volume Rs.Mn Volume Mn The Market ends with a minute gain… The Colombo bourse managed to close with a modest gain, resulting in the indices to close within the green terrain. The ASPI settled the day at 5,793.19 with a tiny gain of 5.38 points or 0.09% and the S&P SL20 gained 7.17 points or 0.23% to settle at 3,189.44. With regard to movements in share price, a total of 77 companies gained during the day whereas 70 companies posted drops in share prices; SMB Leasing PLC Non-Voting (33.33%) led the price gainers, on the other hand NDB Capital Holdings PLC (-11.11%) led the price losers. As at the daily closure the total market capitalization stood at LKR 2.41Tn extending the year to date gain to 11.19%. The market PER and PBV were 14.82x & 1.95x respectively. The turnover for the day amounted to record LKR 247.71Mn, indicating a gain of 37.56% from its previously recorded. Asiri Hospital Holdings PLC (ASIR) stood out as the top subscriber for the day providing LKR 65.93Mn while accounting a share of 26.62% of the day’s accumulated turnover. The counter reached its 52 week apex (at LKR 16.40/-) within the day, however closed the day at LKR 16.00/- gaining LKR 0.10/- or 0.63%. Chevron Lubricants Lanka PLC (LLUB) secured the second place, making a contribution of LKR 34.50Mn and closed the day at LKR 263.20/- down by LKR 0.60/- or 0.23%. The total subscription provided by Kahawatte Plantations PLC (KAHA) worth LKR 14.05Mn, was a result of 351K shares being dealt from prices LKR 36.30/- to LKR 43.00/-; KAHA settled the day at LKR 40.00/- up by LKR 0.20/- or 0.50%. Moreover, the three prime contributors for the turnover ASIR, LLUB & KAHA accounted to nearly half of the daily aggregate turnover.
Transcript
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Sch890111149

Index 12th Dec 11th Dec Change % Change

ASPI 5,793.19 5,787.81 5.38 0.09%

S&P SL20 3,189.44 3,182.27 7.17 0.23%

12th Dec 11th Dec

247,709,418 180,072,696

182,669,420 125,447,345

195,527,131 148,929,412

65,039,998 54,625,351

52,182,287 31,143,283

15,593,358 9,930,109

14.82 14.81

1.95 1.95

PER

PBV

Market Statistics

Domestic Purchases

Domestic Sales

Foreign Purchases

Foreign Sales

Volume of Turnover (No.)

Value of Turnover(Rs.)

5,810.24 5,821.30 5,778.52 5,787.81 5,793.19

3,183.09 3,194.30 3,176.62 3,182.27 3,189.44

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

6th Dec 9th Dec 10th Dec 11th Dec 12th Dec

ASPI S&P SL20

0

10

20

30

40

50

60

70

80

0

100

200

300

400

500

600

700

800

900

6th Dec 9th Dec 10th Dec 11th Dec 12th Dec

Turnover Foreign Purchases Volume

Rs.Mn Volume Mn

The Market ends with a minute gain…

The Colombo bourse managed to close with a modest

gain, resulting in the indices to close within the green

terrain. The ASPI settled the day at 5,793.19 with a tiny

gain of 5.38 points or 0.09% and the S&P SL20 gained

7.17 points or 0.23% to settle at 3,189.44. With regard to

movements in share price, a total of 77 companies

gained during the day whereas 70 companies posted

drops in share prices; SMB Leasing PLC Non-Voting

(33.33%) led the price gainers, on the other hand NDB

Capital Holdings PLC (-11.11%) led the price losers. As at

the daily closure the total market capitalization stood

at LKR 2.41Tn extending the year to date gain to 11.19%.

The market PER and PBV were 14.82x & 1.95x

respectively.

The turnover for the day amounted to record LKR

247.71Mn, indicating a gain of 37.56% from its

previously recorded. Asiri Hospital Holdings PLC (ASIR)

stood out as the top subscriber for the day providing

LKR 65.93Mn while accounting a share of 26.62% of the

day’s accumulated turnover. The counter reached its

52 week apex (at LKR 16.40/-) within the day, however

closed the day at LKR 16.00/- gaining LKR 0.10/- or

0.63%. Chevron Lubricants Lanka PLC (LLUB) secured

the second place, making a contribution of LKR

34.50Mn and closed the day at LKR 263.20/- down by

LKR 0.60/- or 0.23%. The total subscription provided by

Kahawatte Plantations PLC (KAHA) worth LKR

14.05Mn, was a result of 351K shares being dealt from

prices LKR 36.30/- to LKR 43.00/-; KAHA settled the day

at LKR 40.00/- up by LKR 0.20/- or 0.50%. Moreover, the

three prime contributors for the turnover ASIR, LLUB

& KAHA accounted to nearly half of the daily

aggregate turnover.

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

CEYLON TOBACCO COMPANY PLC 1,149.00 187,323,751 215,234,989,899 9.47

JOHN KEELLS HOLDINGS PLC 214.90 989,995,661 212,750,067,549 9.36

NESTLE LANKA PLC 2,100.60 53,725,463 112,855,707,578 4.97

COMMERCIAL BANK OF CEYLON PLC 117.50 794,471,324 93,350,380,570 4.11

DIALOG AXIATA PLC 8.90 8,143,778,405 72,479,627,804 3.19

SRI LANKA TELECOM PLC 37.50 1,804,860,000 67,682,250,000 2.98

CARSON CUMBERBATCH PLC 342.20 196,386,914 67,203,601,971 2.96

THE BUKIT DARAH PLC 634.90 102,000,000 64,759,800,000 2.85

DISTILLERIES COMPANY OF SRI LANKA PLC 185.00 300,000,000 55,500,000,000 2.44

HATTON NATIONAL BANK PLC 142.00 319,353,829 45,348,243,718 2.00

Market Capitalisation

Highest Volume Highest Turnover

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

Vol. Vol. Vol.

ASIRI HOSPITAL HOLDINGS PLC 4,120,552 65,928,252.00 ASIRI HOSPITAL HOLDINGS PLC 50 4,120,552 65,928,252.00

TESS AGRO PLC (X) 1,502,341 1,502,425.00 CHEVRON LUBRICANTS LANKA PLC 6 131,111 34,495,284.00

SMB LEASING PLC 1,086,000 868,700.00 KAHAWATTE PLANTATIONS PLC 28 351,428 14,049,131.00

RICHARD PIERIS AND COMPANY PLC 1,034,350 6,415,675.00 COMMERCIAL BANK OF CEYLON PLC 40 107,837 12,713,771.00

THE FINANCE COMPANY PLC (X) 917,021 3,161,201.00 SEYLAN BANK PLC (X) 19 236,011 7,084,535.00

THE FINANCE COMPANY PLC 672,595 6,858,652.00 HAYCARB PLC 4 38,430 6,994,169.00

TOUCHWOOD INVESTMENTS PLC 399,223 1,138,693.00 THE FINANCE COMPANY PLC 232 672,595 6,858,652.00

KAHAWATTE PLANTATIONS PLC 351,428 14,049,131.00 RICHARD PIERIS AND COMPANY PLC 41 1,034,350 6,415,675.00

SWARNAMAHAL FINANCIAL SERVICES PLC 279,949 605,519.00 JOHN KEELLS HOLDINGS PLC (W23) 65 75,159 5,628,592.00

SEYLAN BANK PLC (X) 236,011 7,084,535.00 HEMAS HOLDINGS PLC 14 150,450 4,964,940.00

Under the sectorial round-up, Health Care (HLT) sector topped the list providing LKR 67.17Mn and Bank Finance &

Insurance (BFI) sector stood next in line providing LKR 62.31Mn to the daily aggregate turnover. A total of 15.59Mn

shares changed hands during the day resulting in a gain of 57.03% compared to the previous trading day. Asiri

Hospital Holdings PLC (4.12Mn shares), Tess Agro PLC [X] (1.50Mn shares) & SMB Leasing PLC (1.09Mn shares)

were amidst the top subscribes to the daily volumes. Foreign participants appeared to be bullish for the 3rd

consecutive day resulting in a net foreign inflow of LKR 12.86Mn, resulted by foreign buying of LKR 65.04Mn and

selling of LKR 52.18Mn. This assisted the year to date net foreign inflow to reach LKR 23.19Bn. Looking at the local

FOREX markets, the USD is selling at 132.40/-.

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Market Highlights - Sector WiseSector Price Index Turnover Sector

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

BANK FINANCE AND INSURANCE 12,672.74 12,674.97 62,306,193 4,252,024 1,190 7.70 1.30

BEVERAGE FOOD AND TOBACCO 19,816.22 19,781.83 8,294,902 75,697 111 22.30 6.30

CONSTRUCTION AND ENGINEERING 2,680.19 2,681.20 505,608 17,908 30 12.80 1.50

CHEMICALS AND PHARMACEUTICALS 6,030.19 6,042.73 7,682,754 242,653 58 7.00 1.20

DIVERSIFIED HOLDINGS 1,703.04 1,708.66 28,417,606 1,996,639 373 20.40 1.90

FOOTWEAR AND TEXTILE 742.01 740.82 444,836 148,488 41 0.00 0.90

HOTELS AND TRAVELS 3,160.05 3,160.03 2,826,384 422,579 206 45.30 2.90

HEALTH CARE 706.58 698.88 67,169,723 4,172,167 90 28.40 2.60

INVESTMENT TRUSTS 17,219.61 17,205.59 573,800 205,133 58 25.90 1.10

INFORMATION TECHNOLOGY 73.46 72.90 1,926,904 198,658 73 8.00 1.00

LAND AND PROPERTY 540.62 537.86 4,403,703 543,457 181 9.70 0.90

MANUFACTURING 2,820.85 2,802.53 37,751,305 509,682 360 12.80 1.80

MOTORS 14,469.22 14,411.73 616,173 4,005 44 7.20 1.10

OIL PALMS 90,413.66 88,932.93 61,113 93 11 82.60 4.20

POWER & ENERGY 123.14 122.84 6,080,817 657,132 158 7.40 1.40

PLANTATIONS 700.98 702.83 14,970,662 402,717 128 6.30 0.70

STORES SUPPLIES 18,678.27 18,609.36 595,025 1,272 6 17.30 1.60

SERVICES 20,726.84 20,820.16 188,602 47,743 17 7.70 1.60

TELECOMMUNICATIONS 156.74 156.74 596,370 57,457 24 14.70 1.40

TRADING 12,724.88 12,743.39 2,296,941 1,637,854 135 10.30 1.20

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

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

S M B LEASING [X] 0.30 0.40 0.10 33.33 0.40 0.30 19,800 6,060.00

THE FINANCE CO. 8.50 10.50 2.00 23.53 11.20 8.80 672,595 6,858,651.50

THE FINANCE CO. [X] 3.00 3.60 0.60 20.00 3.70 3.10 917,021 3,161,200.40

S M B LEASING 0.70 0.80 0.10 14.29 0.80 0.70 1,086,000 868,700.00

CEYLON LEATHER [W14] 1.50 1.70 0.20 13.33 1.70 1.40 1,252 2,090.60

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

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

N D B CAPITAL 477.00 424.00 (53.00) (11.11) 424.00 424.00 1 424.00

HUNAS FALLS 51.00 45.80 (5.20) (10.20) 50.80 45.10 457 20,661.20

OFFICE EQUIPMENT 2,300.00 2,100.00 (200.00) (8.70) 2,100.00 2,100.00 10 21,000.00

SHALIMAR 949.00 880.00 (69.00) (7.27) 880.00 880.00 15 13,200.00

TESS AGRO 1.40 1.30 (0.10) (7.14) 1.40 1.30 20,080 26,944.10

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12th Dec 11th Dec

Buying Selling Buying Selling Ind: Value Ind: Value

Dollar (USA) 129.24 132.40 129.22 132.38 Yuan (China) 21.53 21.55

Pound (UK) 210.82 217.32 211.73 218.26 Rupee (India) 2.14 2.14

Euro (EU) 177.04 183.28 176.58 182.80 Won (Korean) 0.12 0.12

Franc (Sw itzerland) 144.77 150.41 144.48 150.10 Dinar (Kuw ait) 463.60 463.30

Dollar (Canada) 121.32 125.72 121.18 125.58 Ringgit (Malay) 40.60 40.78

Dollar (Australia) 115.72 120.35 117.14 121.83 Rial (Oman) 339.84 339.78

Dollar (Singapore) 102.63 106.22 102.92 106.53 Riyal (Qatar) 35.93 35.93

Yen (Japan) 1.25 1.30 1.25 1.29 Riyal (KSA) 34.88 34.88

Dirham (UAE) 35.62 35.62

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

91 Days 7.85 7.97 Weekly 10.31 10.54 Monthly 9.52 9.79

182 Days 8.48 8.65 Monthly 10.95 11.45 6 Months 10.06 10.26

364 Days 9.15 9.50 6 Months 11.74 12.10 1 Year 11.96 12.38

September October November September October November

6.20 6.70 5.60 9.10 8.90 9.50

7.80 7.60 7.30 6.50 6.80 7.20

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

7.80 8.46 9.11 9.76 10.44 11.39

0.46813 0.47469 0.48938 0.52406 0.60406 0.87219

0.10150 0.12895 0.16735 0.24385 0.34380 0.57430

Central Bank's Policy Rates

2013 2012Description

AWPLR AWDR

6.50

8.50Central Bank Reverse Repurchase (Reverse Repo) Rate

Treasury Bills

Bank Rate

6.00

Central Bank Repurchase (Repo) Rate

Currency Currency

Indicative Rates

11th December12th December

Exchange Rates

(CBSL.lk, Global-rates.com)

Rate ( Per Annum)Description

Year on Year Change

LIBOR - GBP (11th December) (%)

LIBOR - USD (11th December) (%)

Description

Annual Average Change

SLIBOR (12th December) (%)

SLIBOR & LIBOR

Statutory Reserve Ratio (SRR)

Colombo Consumers’ Price Index (CCPI)

15.00

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Country Foreign Markets- Index 11-Dec-13 % Change 10-Dec-13 % Change 9-Dec-13

USA Dow Jones Indus. AVG 15,843.53 -0.81% 15,973.13 -0.33% 16,025.53

USA NASDAQ Composite Index 4,003.81 -1.40% 4,060.49 -0.20% 4,068.75

Europe Euro Stoxx 50 Pr 2,947.31 -0.46% 2,960.86 -0.93% 2,988.67

UK FTSE 100 6,507.72 -0.24% 6,523.31 -0.55% 6,559.48

Japan Nikkei 225 15,515.06 -0.62% 15,611.31 -0.25% 15,650.21

Hong Kong Hang Seng Index 23,338.24 -1.71% 23,744.19 -0.28% 23,811.17

China CSI 300 Index 2,412.76 -1.65% 2,453.32 0.10% 2,450.87

Pakistan Karachi 100 Index 24,972.90 0.38% 24,878.68 -0.48% 24,998.89

India BSE Sensex Index 21,171.41 -0.39% 21,255.26 -0.33% 21,326.42

Singapore Straits Times Index 3,060.74 -0.68% 3,081.72 -1.03% 3,113.64

Malaysia FTSE Bursa Malaysia EMAS 12,730.21 -0.01% 12,731.72 0.07% 12,722.47

Mongolia MSE Top 20 Index 15,444.08 -0.96% 15,594.20 0.53% 15,511.56

Bloomberg

Grade Commodity 12-Dec-13 11-Dec-13 10-Dec-13

LC No.1X Brent Crude Oil 109.70 109.38 109.39

LC No.1 WTI Crude Oil 97.44 98.51 97.34

LC No.2 Gold 1,258.50 1,262.40 1,235.30

LC No.3 Silver 20.30 20.26 19.64

LC No.4 Copper 3.33 3.30 3.30

SC (Br) No.1

SC (Br) No.2

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

RS Sheet No.1 March 75,130 91,102 98,155

RS Sheet No.4 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 98,944

Elevation Sale No : 48 Sale No : 47 August 72,463 79,456 100,224

Uva High 428.73 413.29 September 60,219 71,111 89,761

Western High 454.97 453.28 October 69,563 80,379 102,805

Uva Medium 473.14 451.97 November 90,889 109,202

Western Medium 430.71 424.74 December 97,517 122,252

Low Grow n 515.95 528.74 Total 855,975 1,005,605 904,015

246.00 - 256.50

227.00 - 230.00

348.00 - 350.00

295.00 - 300.00

230.00 - 240.50

Tea Prices

180.00 - 205.00

World Commodity Prices

390.00 - 404.00

Rubber Prices - 03 December 2013

Price Range (Rs)

402.00 - 410.00

345.00 - 390.00

Tourist Arrivals to Sri Lanka

250.00 - 250.00

410.00 - 410.00

261.50 - 270.00

255.50 - 264.50

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Sri Lanka rupee at more than 1-wk low in dull trade

The Sri Lankan rupee traded at its lowest level in more than a week on Thursday on importer dollar demand, but the market was sluggish as most investors were in a holiday mood, dealers said. The spot rupee was at 130.90/95 per dollar at 0550 GMT, its lowest point since Dec. 3, and weaker from Wednesday's close of 130.80/90. (reuters.com)

Dow falls 130 points

Stocks tumbled Wednesday as investors bet that a new U.S. budget deal raises chances the Federal Reserve might

start to scale back its support for the economy soon. The Dow Jones industrial average fell nearly 130 points. The

S&P 500 and the Nasdaq both lost more than 1%. Congressional negotiators reached a bipartisan budget

compromise late Tuesday that would prevent another government shutdown, if approved by the House and

Senate. The deal would set spending levels, reduce the deficit and relieve some of the arbitrary, forced spending

cuts. Some analysts say the deal could make the Fed more likely to announce it will begin trimming its $85-billion-a-

month bond purchases as early as next week. Fed chairman Ben Bernanke has said repeatedly that uncertainty

about fiscal policy is a threat to the economy. (money.cnn)

UK economy will surpass pre-recession peak in 2014

The UK economy will finally surpass its pre-recession peak next year, says the British Chambers of Commerce (BCC).

The UK's economic output peaked in the first quarter of 2008. The BCC says it expects the economy to surpass that

level in the second half of 2014. It also says that the UK's GDP is now set to grow by 2.7% in 2014, an upgrade from a

previous prediction of 2.2%. (bbc.co.uk)

Asian shares lower as focus moves to Fed

Asian markets eased Thursday, following a lead from Wall Street, as investors turn their focus to next week's

Federal Reserve policy meeting, with speculation growing that the bank will announce a cut to its stimulus

programme. And while a bipartisan budget deal in Washington fuelled hopes that another government shutdown

will be avoided next month, it is believed that it will give the Fed more room to wind down the bond-buying

scheme. Tokyo fell 1.47 percent, Hong Kong slipped 0.31 percent, Sydney lost 0.64 percent, Shanghai dipped 0.22

percent and Seoul was 0.75 percent lower. With few other catalysts to drive business, dealers are playing a wait-

and-see game ahead of the Fed's policy announcement next week, with opinion split on whether it will begin

reeling the stimulus in this month or early next year. The Fed's $85 billion a month scheme has been credited with

fuelling a global equities rally this year as it has supplied vast sums of cheap money to investors.

(lankabusinessonline.com)

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Vice President – Business Development Manager - Research

Thakshila Hulangamuwa Pasindu Perera

[email protected] [email protected]

0094 113070494 0094 112429109

Research Team

Lasantha Senanayake [email protected] 0094 112429129

Nishantha Warnakulasuriya [email protected] 0094 112429137

Head Office: Southern Region (Matara) # 24-1/3, A, 2nd Floor, E.H. Cooray Tower, Anagarika Dharmapala Mw, Matara. Tel: 041 2235191-6

Branch Office: Matara # 38, Station Road, Matara. Tel. 041 2223940

Branch Office: Negombo # 142, Greens Road, Negombo. Tel. 031 2227474

Branch Office: Gampaha # 21, Courts Road, Gampaha. Tel. 033 2234888

Branch Office: Kiribathgoda Udeshi City Shopping Complex, 2nd Floor, 2-14, No. 94, Makola Road, Kiribathgoda. Tel. 011 2908511

Branch Office: Kurunegala No. 6, 1st Floor, Union Assurance Bldg, Rajapihilla Mawatha, Kurunegala. Tel. 037 2234777

Branch Office: Kandy Ceybank House, # 88, Dalada Vidiya, Kandy. Tel. 081 4474118

Branch Office: Galle # 16, Sri Dewamittha Mw, Galle. Tel. 091 2233558

This document has been prepared and issued by Asha Phillip Securities Ltd, on the basis of publicly available information, internally developed data and other sources, believed to be

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.

Asha Phillip Securities Ltd., Its Directors, Officers or Employees may also have a position or be otherwise interested in the investments referred to in this document. This is not an offer

to sell or buy the investments referred to in this document.

Branch Office: Batticaloa #22B Bar Road, Batticaloa, Tel: 065 2228029

Branch Office: Jaffna 1st Floor, # 398/1, Hospital Road, Jaffna. Tel: 021 2221614

Branch Office: Vavuniya 1st Floor, # 60, 1st Cross Street, Vavuniya. Tel: 024 2226031

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Branch Office: Anuradhapura # 9, Maithripala Senanayaka Mw, Bank Site, New Town, Anuradhapura. Tel. 025 2234705


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