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Colombo Stock Exchange Trade Summary 14-Oct-2016
Colombo bourse wrapped the weekly activities in a negative note on Friday despite the higher foreign investor participation. All Share index hovering around 6,494 levels and closed the session at 6,482.54, with a drop of 0.36 index points or 0.01% while 20 scrip S&P SL index edged lower by 0.36 index points or 0.01% to end at 3,615.12.
Price decline in Lion Brewery (closed at LKR 400.20, -3.3%), John Keells Holdings (closed at LKR 152.00, -0.5%) and Aitken Spence (closed at LKR 70.50, -1.8%) weighed down the index. However, gains in Dialog Axiata (closed at LKR 11.50, +0.9%) and Asiri Hospital Holdings (closed at LKR 29.80, +2.4%) eased the pressure on the index.
Daily market turnover was LKR 569mn. Ceylon Tobacco emerged as the top contributor to the turnover with LKR 184mn supported by a single crossing of 0.2mn shares at LKR 850.00. Lion Brewery was the next best contributor with LKR 181mn underpinned by two crossings of 0.4mn shares at LKR 400.00. Aggregate value crossings represented 59% of the turnover.
Commercial Bank voting (LKR 32), Commercial Bank non-voting (LKR 17mn) and Chevron Lubricants (LKR 11mn) were among contributors to the turnover.
Losers outweighed the gainers 80 to 41, while 160 scripts remained unchanged. High investor activity was witnessed in Sinhaputhra Finance preference share, Asia Capital and Galadari Hotel. Stock of Chevron Lubricants advanced to LKR 171.00 but closed at LKR 170.20 (+1.3%) subsequent to the dividend announcement.
Foreign investors were net buyers with a net foreign inflow of LKR 26mn. Foreign participation was 68%. Net foreign inflows were seen in Commercial Bank (LKR 32mn), Bairaha Farms (LKR 1mn) and Alumex (LKR 0.4mn). Net foreign outflow was mainly seen in Sunshine Holdings (LKR 3mn).
Losers outweighed the gainers 80 to 41, while 160 scripts remained unchanged. High investor activity was witnessed in Sinhaputhra Finance preference share, Asia Capital and Galadari Hotel. Stock of Chevron Lubricants advanced to LKR 171.00 but closed at LKR 170.20 (+1.3%) subsequent to the dividend announcement.
Foreign investors were net buyers with a net foreign inflow of LKR 26mn. Foreign participation was 68%. Net foreign inflows were seen in Commercial Bank (LKR 32mn), Bairaha Farms (LKR 1mn) and Alumex (LKR 0.4mn). Net foreign outflow was mainly seen in Sunshine Holdings (LKR 3mn).
Source: LSL
