Sch890111149

Index 21st May 20th May Change % Change

ASPI 6,441.64 6,466.67 (25.03) -0.39%

S&P SL20 3,660.94 3,649.35 11.59 0.32%

21st May 20th May

2,195,040,369 1,282,715,461

672,974,534 931,822,040

1,761,917,803 1,220,178,834

1,522,065,835 350,893,421

433,122,566 62,536,626

39,457,856 44,033,723

17.49 17.56

2.38 2.39

PER

PBV

Market Statistics

Domestic Purchases

Domestic Sales

Foreign Purchases

Foreign Sales

Volume of Turnover (No.)

Value of Turnover(Rs.)

6,221.12 6,287.00 6,380.70 6,466.67 6,441.64

3,498.34 3,531.37 3,589.26 3,649.35 3,660.94

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

15th May 16th May 17th May 20th May 21st May

ASPI S&P SL20

0

10

20

30

40

50

60

70

0

500

1,000

1,500

2,000

2,500

15th May 16th May 17th May 20th May 21st May

Turnover Foreign Purchases Volume

Rs.M Volume Mn

The Colombo Bourse ended on a mixed sentiment…

The Colombo bourse exhibited a slight slowdown during the day

which resulted in the indices concluding on a mixed note; this

was having recorded its 19 month peak during the previous

trading day. The benchmark ASPI Index closed negative at

6,441.64 losing 25.03 points or 0.39%; this was having recorded

positive closures for the past four trading days while collecting

260.08 points or 4.13%. However, the S&P SL20 Index closed on

the positive side for the 4th successive trading day at 3,660.94

gaining 11.59 points or 0.32%. The market capitalization as at the

day’s closure stood at LKR 2.47Tn resulting in a year to date gain

of 14.12%. The market PER and PBV stood at 17.49 and 2.38

respectively.

The turnover for the day accumulated to record LKR 2.20Bn

indicating a gain of 71.12% against the previous trading day.

Commercial Bank Of Ceylon PLC (COMB) made a contribution of

LKR 705.74Mn supported by 8 negotiated deals worth LKR

525.28Mn crossed at price LKR 125/-.In percentage terms COMB

accounted to 32.15% of the daily aggregate turnover value while

topping the list, and closed the trading day at LKR 125/- up by

LKR 2.90/- or 2.38% having enjoyed a highest traded price of LKR

126/- while reaching a low of LKR 122.50/- within trading hours.

Furthermore, John Keells Holdings PLC (JKH) provided LKR

443.30Mn supported by a 3 block trades worth LKR 264.07Mn

crossed at prices LKR 297.80/- and LKR 298/-. Distilleries

Company PLC (DIST) too made a notable subscription of LKR

168.68Mn supported by a block-trade worth LKR 114Mn crossed

at LKR 190/-. As at the day’s closure, JKH and DIST closed at LKR

297/- down by LKR 0.10/- or 0.03% and LKR 190/- up by LKR 0.50/-

or 0.26% respectively. Moreover, the turnover values recorded

by the top three contributors COMB, JKH and DIST accounted to

60% of the day’s aggregate turnover value.

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

JOHN KEELLS HOLDINGS PLC 297.00 857,420,704 254,653,949,088 10.19

CEYLON TOBACCO COMPANY PLC 899.80 187,323,751 168,553,911,150 6.75

NESTLE LANKA PLC 2,010.00 53,725,463 107,988,180,630 4.32

COMMERCIAL BANK OF CEYLON PLC 125.00 794,058,497 99,257,312,125 3.97

CARSONS CUMBERBATCH PLC 449.90 196,386,914 88,354,472,609 3.54

DIALOG AXIATA PLC 9.70 8,143,778,405 78,994,650,528 3.16

SRI LANKA TELECOM PLC 43.20 1,804,860,000 77,969,952,000 3.12

THE BUKIT DARAH PLC 715.00 102,000,000 72,930,000,000 2.92

DISTILLERIES COMPANY OF SRI LANKA PLC 190.00 300,000,000 57,000,000,000 2.28

HATTON NATIONAL BANK PLC 173.00 318,164,511 55,042,460,403 2.20

Market Capitalisation

Highest Volume Highest Turnover

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

Vol. Vol. Vol.

COMMERCIAL BANK OF CEYLON PLC 5,648,995 705,744,092.00 COMMERCIAL BANK OF CEYLON PLC 478 5,648,995 705,744,092.00

AMANA TAKAFUL PLC 2,092,500 3,514,760.00 JOHN KEELLS HOLDINGS PLC 327 1,488,357 443,295,080.50

JOHN KEELLS HOLDINGS PLC 1,488,357 443,295,080.50 DISTILLERIES COMPANY PLC 103 886,996 168,678,321.00

OVERSEAS REALTY (CEYLON) PLC 1,429,203 26,940,563.00 CARGILLS (CEYLON) PLC 6 596,366 104,364,050.00

CENTRAL INVESTMENTS & FINANCE PLC 1,387,517 3,269,761.20 CHEVRON LUBRICANTS LANKA PLC 76 248,037 70,704,460.90

THE COLOMBO FORT LAND & BUILDING PLC 1,151,580 46,210,467.70 SAMPATH BANK PLC 100 257,023 57,819,603.30

EXPOLANKA HOLDINGS PLC 1,087,227 7,876,796.90 ROYAL CERAMICS LANKA PLC 65 447,229 48,165,979.50

ASIRI HOSPITAL HOLDINGS PLC 1,023,286 15,858,914.60 THE COLOMBO FORT LAND PLC 636 1,151,580 46,210,467.70

SEYLAN DEVELOPMENTS PLC 973,046 10,685,556.80 COLOMBO LAND & DEV: COM: PLC 167 753,789 38,843,177.80

F L C HOLDINGS PLC 892,881 2,507,051.10 NATIONS TRUST BANK PLC 233 563,901 38,461,456.00

Other crossing makers during the day were Cargills (Ceylon) PLC (LKR 87.50Mn), Chevron Lubricants Lanka PLC (LKR

27.83Mn) and Sampath Bank PLC (LKR 26.98Mn). Under the sectorial round-up, Bank Finance & Insurance (BFI) and

Diversified Holdings (DIV) sectors stood out to be the top contributors for the day with subscriptions worth LKR

930.79Mn and LKR 529.83Mn respectively. Further, the two sectors made a significant 67% contribution to the day’s

aggregate turnover value. During the day, a total of 39.46Mn shares changed hands resulting in a decrease of 10.39%

against the previous trading day and the top traded counters for the day were COMB (5.65Mn shares), ATL (Amana

Takaful PLC) (2.09Mn shares) and JKH (1.49Mn shares).

Price losers were ahead of the gainers while the loser to gainer ratio was at 131:72. Lanka Cement PLC (+11.83%) led the

gainers, on the contrary NDB Capital Holdings PLC (-14.21%) led the price losers. Foreign participants appeared to be

bullish during the day resulting in a momentous net foreign inflow of LKR 1.09Bn as a result of foreign purchases worth

LKR 1.52Bn and sales of LKR 433.12Mn; further this was the highest net foreign inflow figure noted in nearly 2 ½ months

(after 7th March 2013). In regard to the local FOREX market, the USD closed the day at LKR 127.81/- selling and LKR

124.76/- buying.

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

BANK FINANCE AND INSURANCE 14,186.48 14,300.50 930,791,629 13,408,103 2,733 10.90 1.90

BEVERAGE FOOD AND TOBACCO 18,559.71 18,589.20 295,123,842 2,035,788 494 22.10 6.70

CONSTRUCTION AND ENGINEERING 2,915.45 3,004.45 8,920,454 501,876 304 14.70 1.70

CHEMICALS AND PHARMACEUTICALS 7,909.35 7,969.78 7,719,474 190,860 230 8.40 1.30

DIVERSIFIED HOLDINGS 2,173.22 2,178.82 529,827,213 6,583,861 1,596 28.90 2.70

FOOTWEAR AND TEXTILE 988.33 983.56 4,947,334 195,973 260 0.00 2.00

HOTELS AND TRAVELS 3,602.77 3,627.71 33,701,984 1,728,997 695 38.30 2.20

HEALTH CARE 716.23 715.59 20,467,986 1,567,211 107 43.60 2.80

INVESTMENT TRUSTS 21,340.39 21,382.17 22,764,021 1,113,322 598 28.30 2.00

INFORMATION TECHNOLOGY 92.25 91.24 3,941,192 926,509 124 15.00 1.30

LAND AND PROPERTY 630.25 635.17 93,144,992 4,539,589 1,203 10.40 1.00

MANUFACTURING 3,132.68 3,142.46 158,844,861 3,725,627 1,290 12.40 2.10

MOTORS 17,075.83 16,910.87 31,301,411 250,192 316 5.30 1.70

OIL PALMS 99,846.12 99,546.18 5,984,829 8,311 39 88.20 7.10

POWER & ENERGY 120.91 121.90 31,134,933 1,770,977 580 15.50 1.50

PLANTATIONS 832.15 843.55 5,941,142 265,931 310 10.10 1.10

STORES SUPPLIES 28,096.98 28,031.07 474,096 1,230 35 8.40 0.80

SERVICES 25,927.60 26,565.31 3,471,204 213,659 78 9.00 2.40

TELECOMMUNICATIONS 175.53 178.66 1,695,420 108,587 78 16.30 1.70

TRADING 17,015.98 16,979.29 4,369,367 314,844 142 13.70 1.70

Market Highlights - Sector WisePrice Index Turnover

SectorSector

VWA Prev VWA Days Change Change High Low No. of Turnover

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

LANKA CEMENT 9.30 10.40 1.10 11.83 10.90 9.80 526,567 5,437,541.90

CARGO BOAT 101.00 109.00 8.00 7.92 112.00 108.80 9,686 1,064,901.00

CONVENIENCE FOOD 232.70 249.70 17.00 7.31 250.00 233.10 9,486 2,286,664.60

CITRUS HIKKADUWA 23.60 25.00 1.40 5.93 26.80 23.10 10,614 268,890.60

BERUWELA WALKINN 74.50 78.80 4.30 5.77 78.80 78.80 1 78.80

VWA Prev VWA Days Change Change High Low No. of Turnover

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

N D B CAPITAL 481.30 412.90 (68.40) (14.21) 494.00 401.00 208 86,568.20

HARISCHANDRA 2,228.30 2,007.10 (221.20) (9.93) 2,060.60 2,002.00 154 309,097.60

CIT 158.60 143.30 (15.30) (9.65) 150.00 137.60 42 6,005.20

GESTETNER 211.70 195.90 (15.80) (7.46) 196.50 190.00 725 141,409.00

MET. RES. HOL. 31.80 29.50 (2.30) (7.23) 29.60 29.30 2,020 59,492.00

Company Name

Company Name

Top Gainers

Top Losers

21st May 20th May

Buying Selling Buying Selling Ind: Value Ind: Value

Dollar (USA) 124.76 127.81 124.44 127.49 Yuan (China) 20.58 20.55

Pound (UK) 189.65 195.19 189.24 194.78 Rupee (India) 2.29 2.30

Euro (EU) 159.92 165.26 159.28 164.61 Won (Korean) 0.11 0.11

Franc (Sw itzerland) 127.97 132.88 127.86 132.77 Dinar (Kuw ait) 440.78 440.45

Dollar (Canada) 120.82 125.19 121.12 125.52 Ringgit (Malay) 41.90 41.78

Dollar (Australia) 121.28 125.96 120.68 125.34 Rial (Oman) 327.90 327.75

Dollar (Singapore) 98.83 102.26 98.76 102.38 Riyal (Qatar) 34.67 34.66

Yen (Japan) 1.21 1.25 1.21 1.25 Riyal (KSA) 33.66 33.65

Dirham (UAE) 34.37 34.35

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

91 Days 8.75 8.75 Weekly 13.12 13.48 Monthly 10.70 10.69

182 Days 9.90 9.91 Monthly 13.58 13.86 6 Months 10.37 10.17

364 Days 10.86 10.84 6 Months 14.08 14.15 1 Year 13.83 13.94

February March April February March April

9.80 7.50 6.40 2.70 5.50 6.10

8.60 8.80 8.80 6.10 5.90 5.70

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

9.02 9.84 11.07 12.11 12.56 13.00

0.48250  0.48750  0.49188  0.50563  0.58938  0.88375 

0.14640  0.16391  0.19618  0.27310  0.41840  0.68739 

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

Rate ( Per Annum)Description

Year on Year Change

LIBOR - GBP (20th May) (%)

LIBOR - USD (20th May) (%)

Description

Annual Average Change

SLIBOR (21st May ) (%)

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

8.00

Central Bank Repurchase (Repo) Rate

Central Bank Reverse Repurchase (Reverse Repo) Rate

Treasury Bills

Bank Rate

Currency Currency

Indicative Rates

20th May21st May

Exchange Rates

Country Foreign Markets- Index 20-May-13 % Change 17-May-13 % Change 16-May-13

USA Dow Jones Indus. AVG 15,335.28 -0.12% 15,354.40 0.80% 15,233.22

USA NASDAQ Composite Index 3,496.43 -0.07% 3,498.97 0.97% 3,465.24

Europe Euro Stoxx 50 Pr 2,824.50 0.23% 2,817.99 0.40% 2,806.70

UK FTSE 100 6,755.63 0.48% 6,723.06 0.53% 6,687.80

Japan Nikkei 225 15,360.81 1.47% 15,138.12 0.67% 15,037.24

Hong Kong Hang Seng Index 23,493.03 1.78% N/A N/A 23,082.68

China CSI 300 Index 2,609.61 0.68% 2,592.05 1.54% 2,552.71

Pakistan Karachi 100 Index 20,814.14 1.35% 20,537.03 0.59% 20,416.60

India BSE Sensex 30 Index 20,223.98 -0.31% 20,286.12 0.19% 20,247.33

Singapore Straits Times Index 3,454.23 0.14% 3,449.30 -0.09% 3,452.28

Malaysia FTSE Bursa Malaysia EMAS 12,376.51 0.85% 12,272.18 0.25% 12,241.54

Bangladesh DSE General Index DGEN 4,096.76 2.88% N/A N/A 3,982.07

Mongolia MSE Top 20 Index 13,464.79 -1.77% 13,707.11 1.20% 13,543.99

Bloomberg

Grade Commodity 21-May-13 20-May-13 17-May-13

LC No.1 Brent Crude Oil 104.80 104.64 103.80

LC No.2 WTI Crude Oil 96.71 96.02 95.19

LC No.3 Gold 1,391.94 1,343.71 1,385.10

LC No.4 Silver 22.85 21.17 22.65

SC (Br) No.1 Copper 3.36 3.32 3.29

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.2 April 63,835 69,591

RS Sheet No.3 May 48,943 57,506

June 53,636 65,245

July 83,786 90,338

Elevation Sale No : 18 Sale No : 17 August 72,463 79,456

Uva High 360.29 352.90 September 60,219 71,111

Western High 355.50 362.11 October 69,563 80,379

Uva Medium 395.85 401.69 November 90,889 109,202

Western Medium 373.03 364.20 December 97,517 122,252

Low Grow n 452.87 460.21 Total 855,975 1,005,605 288,798

World Commodity Prices

360.00 - 365.00

335.00 - 335.00

340.00 - 345.00

Rubber Prices - 21 May 2013

Price Range (Rs)

300.00 - 300.00

345.00 - 355.00

338.00 - 342.00

270.00 - 282.00

270.00 - 270.00

270.00 - 270.00

Tea Prices

380.00 - 385.25

Tourist Arrivals to Sri Lanka

399.00 - 400.00

395.00 - 396.00

285.00 - 289.50

Sri Lanka Treasuries yields steady

Sri Lanka's Treasuries yields were steady at Wednesday's auction with the three month yield flat at 8.75 percent.

The 6-month yield fell 01 basis point to 9.90 percent and the 12-month yield fell 02 basis points to 10.86 percent. The

debt office which is a unit of the Central Bank offered 15.0 billion rupees of maturing bills for rollover and accepted

16.2 billion rupees in bids. The debt office sold 2.2 billion rupees in 3-month bills, 3.0 billion rupees in 6-month bills

and 11.0 billion rupees in 12-month bills. Bill yields at auction fell steeply last week following a rate cut.

(lankabusinessonline.com)

UK housing market picking up

The UK housing market is seeing a slight pick-up in activity with mortgage lending and prices both rising. Gross

mortgage lending was up 4% in April, compared with March, to £12.1bn. This was 21% higher than April 2012, but this

data is skewed by the end of the stamp duty concession a year ago.UK house prices rose by 2.7% in the year to

March. However, this was driven by rises in England and Wales, with property price falls in Scotland and Northern

Ireland. (bbc.co.uk)

UK inflation rate falls to 2.4% in April

The UK's inflation rate fell to 2.4% in April down from 2.8% in March. Lower petrol prices and air fares helped the

consumer prices index (CPI) to fall for the first time since September 2012. But food prices continued to rise as cold

weather hit crop production. Inflation as measured by the retail prices index (RPI) fell to 2.9% in April, from 3.3% the

month before. Petrol and diesel prices fell by 2.1p and 3.9p a litre respectively between March and April, which will

be welcome news to hard-pressed motorists. The average price of petrol in the UK is currently £1.33 a litre or £1.38

for diesel. Food prices have risen 40% since 2007 and the recent extended period of cold weather has dented crop

yields, putting further pressure on fruit and vegetable prices. . (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

Ranuka De Silva ranuka@ashaphillip.net 0094 112429137

Lasantha Senanayake lasantha@ashaphillip.net 0094 112429129

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

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

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

Branch Office: Badulla # 33/3, 2nd Floor, Modern Complex, Badulla. Tel: 055 2222009

Branch Office: Wellawatte # 3-1/2, Collingwood Place, Colombo 06. Tel: 0112 362939

Branch Office: Panandura # 465, Galle Road, Panandura. Tel: 038 2234780

Branch Office: Ambalanthota # 153, Tissa Road, Ambalanthota. Tel: 047-2225170

Branch Office: Wattala # 118, Negombo Road, Wattala. Tel: 011-2930099

Branch Office: Embilipitiya # 61, Sampath Bank Bldg. Main Street, Embilipitiya. Tel. 047 2261950