Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.

Thank You
Sri Lanka Equity Forum
Latest topics
» Technical Analytics & Charts
Today at 9:05 pm by SHARK

» COCR target price???
Today at 9:02 pm by Top Trader

» Monday YORK will touch 18
Today at 8:57 pm by Top Trader

» Can WATA.N0000 reach 20+
Today at 8:56 pm by chathu55

» CLPL financial report profits up
Today at 8:32 pm by Top Trader

Today at 8:29 pm by Lalindra

» CLPL 00W13?
Today at 8:29 pm by Top Trader

» Another run from big banks.
Today at 8:21 pm by Market R

» CIFL deal is confirmed
Today at 7:25 pm by Lalindra

» SFL to takeover at 175
Today at 6:44 pm by mark

» Danno dinanno...........
Today at 6:38 pm by keeper

» Commercia credit
Today at 6:16 pm by Runnerx

» PABC profit 175m 6 month
Today at 5:20 pm by dilruk raja

» Snap Shot of My Share Portfolio
Today at 5:07 pm by stevenapple

» any comment ... BIL Right Issue
Today at 4:13 pm by skyfall

Today at 3:38 pm by kethees

Today at 3:12 pm by newguy

» keep an Eye on COCO.
Today at 2:32 pm by sumudu.kumarasinghe

» Possitive news for Bogala Graphite
Today at 2:26 pm by lux2014

» Today belongs to CIFL
Today at 2:20 pm by troy

» The following may publish healthy June quarter result
Today at 2:16 pm by Harry82

» SHL (Softlogic Holdings): Hidden Value
Today at 1:53 pm by A2Z

» Keep eye on CHOT
Today at 1:45 pm by skyfall

» What's happening with PALM?
Today at 1:37 pm by skyfall

» CLPL.W only 5 million shares in the market nearly 80% some one bought
Today at 1:10 pm by Niroshana1982

» What are the good banking stocks
Today at 12:34 pm by VALUEPICK

» BFL not moving ??????
Today at 12:32 pm by VALUEPICK

» TFIL Rumours or fact ?
Today at 12:28 pm by Aubrey Perera

» singalanka
Today at 12:15 pm by soileconomy

» Plantation stocks to watch out for
Today at 12:14 pm by VALUEPICK

» Best single share to buy for mid - long term (6 month - 1 yrs)
Today at 12:05 pm by Invest_Wisely

» Court orders Touchwood to submit documents by August 7 .
Today at 11:47 am by SHARK

» Sri Lanka to host Global Rubber Conference 2014
Today at 11:40 am by Market R

» TJL what is happening???
Today at 11:38 am by lux2014

» High Risk Shares
Today at 10:32 am by Invest_Wisely

» What will happen to CLPL N
Today at 10:29 am by Niroshana1982

» Oscillators
Today at 10:07 am by Pethi

» I want to know about UBC
Today at 9:45 am by Bud Fox

» Colombo Fort Land & Building (CFLB)
Today at 9:28 am by Invest_Wisely

» Hikkaduwa Beach Resort (CITH) & Commercial Development (COMD)
Today at 9:21 am by Invest_Wisely

» Help with CLPL W13
Today at 9:20 am by NZ BOY

Today at 9:19 am by piyalpy

» Ceylon Investment (CINV)
Today at 9:15 am by Invest_Wisely

» Good news for LIOC
Today at 9:13 am by dineshfernando

» PABC and SEYLAN 30.06.2014
Today at 8:44 am by WildBear

» NDB-DFCC merger should not leave stakeholders feeling stressed
Today at 6:45 am by Harry82

» Stock market stays firm with 15% YTD return, Rs. 11 b net inflows
Today at 6:41 am by dhanurrox

» Cheers everyone!
Today at 4:16 am by Gintonic

» Getting Started In Stocks
Today at 3:38 am by SHARK

» What happent to UBC!
Today at 2:26 am by Eng Krishantha

» PCHH...........
Today at 1:44 am by Eng Krishantha

» Sri Lanka's Union Assurance to sell general insurance to Canada firm
Today at 1:30 am by Market R

Yesterday at 11:09 pm by ddrperera

» Tomorrow is a LUCKY Day..........?
Yesterday at 10:43 pm by cse1981

» free lanka capital
Yesterday at 10:18 pm by lakmal87

» What do uu think about KHC...?
Yesterday at 9:58 pm by m.merlock

» About..SFL preference share.
Yesterday at 8:50 pm by keeper

» watch out SFS
Yesterday at 8:43 pm by hasarel

» CSD Future
Yesterday at 8:29 pm by indi009

» Good to collect Adam?
Yesterday at 8:27 pm by Runnerx

Yesterday at 6:48 pm by cse1981

» Announcement - Best Contributor of The Month
Yesterday at 5:27 pm by yellow knife

» CSE SMS Media Release
Yesterday at 4:17 pm by SHARK

» VIFIN going to touch 50
Yesterday at 4:03 pm by Harry82

Yesterday at 3:55 pm by kethees

Yesterday at 3:29 pm by SHARK

» ELPL moving slowly
Yesterday at 3:26 pm by Market R

» Rumors going on following stocks
Yesterday at 3:25 pm by gamaya

» Any Dividend Announcements?
Yesterday at 3:25 pm by Market R

» CFLB,KAPI and YORK rally will start soon
Yesterday at 3:15 pm by MoneyTree

» New Breed of Members are Online!!
Yesterday at 3:15 pm by SHARK

» Well Come Romen Regins WWE Champ :D
Yesterday at 2:41 pm by NZ BOY

» Ready to sux SFL
Yesterday at 2:35 pm by UAEBOY

» Last Day - help me
Yesterday at 2:33 pm by shadow walker

» Lucky Lanka Milk Processing Company Limited
Yesterday at 1:42 pm by Market R

Yesterday at 1:28 pm by keeper

Yesterday at 12:58 pm by Sanji11

» IMF warns sri lanka
Yesterday at 11:40 am by stevenapple

» HOPL run is close.
Yesterday at 11:31 am by cse1981

» VONE the ONE
Yesterday at 11:22 am by Pethi

» DPL may rock
Yesterday at 11:08 am by CARACALLA

» What do you think about TFIL
Yesterday at 10:44 am by Aubrey Perera

» Massive Growth on Watawala Plantations - WATA
Yesterday at 10:29 am by Market R

» Orient Finance PLC - Profit up 102 %
Yesterday at 9:49 am by Harry82

» TKYO, HHL, TJL, LIOC soon - quarterly reports out soon!
Yesterday at 9:23 am by hettdas

» The Best 5 Shares to Buy
Yesterday at 9:11 am by shadow walker

Yesterday at 8:56 am by VISA

» 51% shares of Free Lanka Capital Holdings PLC offered to Dhammika Perera
Yesterday at 6:43 am by shadow walker

» Asia Capital to lose Park Street Hotel property management from December 2014
Yesterday at 3:18 am by StockGuru

» I'm new here
Yesterday at 12:35 am by Eng Krishantha

» CHOT at Rs14.10
Yesterday at 12:15 am by Eng Krishantha

» Orient Finance PLC has achieved another milestone by surpassing the Rs. 2 billion
Yesterday at 12:13 am by Eng Krishantha

Yesterday at 12:10 am by Eng Krishantha

» Probable Share Holding Structure of PCHH
Wed Jul 30, 2014 11:57 pm by Eng Krishantha

» how is mbsl ?
Wed Jul 30, 2014 11:39 pm by Eng Krishantha

» Lucky lanka non voting may hit @ 5 level
Wed Jul 30, 2014 8:54 pm by stevenapple

» What do you think about UML............?
Wed Jul 30, 2014 8:23 pm by

» Another Bond Deal in the Offing - COMB Chairman Dharma Dheerasinghe, CALF, TFIL and PABC and TAP Update
Wed Jul 30, 2014 8:05 pm by Business Basil

» SFIN MACD chart
Wed Jul 30, 2014 7:57 pm by NZ BOY

Virtual Stock Market Game
Virtual Stock Market Game - Vstox
Sri Lanka Equity - Entertainment
Forum Rules & Guidelines
Sri Lanka Equity Analytic

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Sri Lankan shares slip from 1-week high; foreigners buy

View previous topic View next topic Go down

Sri Lankan shares slip from 1-week high; foreigners buy

Post by sriranga on Mon Jun 03, 2013 10:33 pm

COLOMBO, June 3 (Reuters) - Sri Lankan shares slipped on Monday from their one-week high hit on Friday in thin trading, as retail investors booked profits in banking and hotel shares, but foreign buying in blue-chip companies helped an overbought market resist further fall.

The main stock index edged down 0.18 percent, or 11.38 points, to 6,451.68. It had closed at 6,463.06 on Friday, the highest since May 23, Reuters data showed.

Foreign investors accounted for around 54 percent of the day's turnover of 750.45 million rupees ($5.93 million), which was below this year's daily average of 1.05 billion rupees.

The bourse saw a net foreign inflow of 342.3 million rupees, extending year-to-date inflows to 14 billion rupees.

"The market is running on foreign buying. We will see continuous foreign buying with a bit of corrections," said a stockbroker asking not to be named.

The market's 14-day Relative Strength Index (RSI) was still in overbought territory, at 75.673 on Monday and has been above the upper neutral level of 70 since April 16, Thomson Reuters data showed.

Retail profit-taking pulled the banking index by 0.18 percent down, led by Commercial Bank of Ceylon which fell 1.05 percent.

Analysts, however, said falling interest rates helped investors to be still optimistic about the market.

The island nation's central bank unexpectedly cut its key monetary policy rates by 50 basis points on May 10 to boost economic growth in the face of subdued demand and the market interest rates have been falling since then.

The rupee ended weaker at 126.20/55 per dollar from Friday's close of 126.45/50 on importer and bank demand for the greenback, dealers said.
($1 = 126.5250 Sri Lanka rupees)

(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Subhranshu Sahu)


Posts: 6829
Points: 19471
Reputation: 2853
Join date: 2011-02-01
Location: London

Back to top Go down

Re: Sri Lankan shares slip from 1-week high; foreigners buy

Post by traderathome on Mon Jun 03, 2013 11:40 pm

dont worry it will be a super tuesday Very Happy or is it Suspect

Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Posts: 2491
Points: 3630
Reputation: 132
Join date: 2012-02-26
Age: 40
Location: Abu Dhabi

Back to top Go down

Bourse, rupee down, T-bond yields flat after inflation report

Post by sriranga on Mon Jun 03, 2013 11:51 pm

The Colombo bourse closed 0.18 percent lower yesterday with turnover topping Rs. 750 million dominated by trades in United Motors and Ceylon Tobacco.

The ASPI closed 11.38 points lower, down 0.18 percent, at 6,451.68 while the S&P SL20 closed 0.29 percent lower at 3,635.59, down 10.73 points.

Foreign purchases amounted to Rs. 403.21 million, leading to a net inflow of Rs. 342.28 million.

"The market opened the week to a lackadaisical start declining by a notch to end the session at 6,452. Turnover recorded Rs.750 million with trading in United Motors and Ceylon Tobacco accounting for 49 percent of the day’s total. Gainers matched losers with Swadeshi Industrial, Miramar Beach and Maskeliya rising by 50.0 percent, 17.4 percent and 17.4 percent and offsetting losses in Ceylon Printers, Nuwara Eliya Hotel and Multi Finance which fell by 16.6 percent, 11.1 percent and 9.6 percent respectively,"DNH Financial said.

In money markets, the rupee closed slightly weaker against the US dollar at Rs. 126.52/55 against the greenback from an opening position of Rs. 126.48/52.

"There was some thin importer demand," a currency dealer said.

The secondary Treasury bond market came to a standstill yesterday, dealers said with yields unchanged across most maturities with the exception of the year yield which closed down at 11.50/54 percent from 11.55/60 percent last Friday.

"After the inflation numbers came out last week, bond holders seem to be adopting a wait and see attitude," a dealer said.

Inflation accelerated to 7.3 percent in May from 6.4 percent in April largely due to the electricity price hike.

"The good news is that rupee liquidity was positive in the banking system with an excess position of Rs. 18 billion," a dealer said.


Posts: 6829
Points: 19471
Reputation: 2853
Join date: 2011-02-01
Location: London

Back to top Go down

Sri Lanka stocks close down 0.2-pct

Post by Redbulls on Tue Jun 04, 2013 12:00 am

June 03, 2013 (LBO) - Sri Lanka's stocks closed down 0.18 percent Monday, with profit taking by investors and losses in the index heavy JKH, DIST and COMB, brokers said.

The benchmark Colombo All Share Index closed 11.38 points lower at 6,451.68 and the S&P SL 20 Index closed 10.73 points lower at 3,635.59 down 0.29 percent.

Turnover was 752 million rupees up from 731 million day earlier.

Foreigners brought 403 million rupees worth shares while selling 60 million rupees of shares, in a day that 91 stocks advanced and 112 stocks declined.

Ceylon Tobacco contributed most closing at 1,000.00 rupees up 14.60 rupees helped by a crossing of 50,000 shares at a price of 1000 rupees per share.

Chevron Lubricants Lanka closed at 345.20 rupees up 16.90 rupees. Since end of April LLUB has gained 95 rupees. LLUB is expected to rise to 350.00 rupees per share by the end of the year while the stock is overvalued brokers said.

United Motors recorded a crossing 2.4 million share at a price 120 per share to close at 121.00 down 40 cents.

John Keells Holdings lost 1.50 rupees to close at 283.50 rupees and Nestle Lanka closed at 1,997.60 rupees down 3.10 rupees.

Hatton National Bank closed at 167. 00 rupees down 2.90 rupees, DFCC Bank closed at 142.00 rupees down 02.90 rupee and National Development Bank closed at 174.10 rupees down 2.80 cents.

Pan Asia closed flat at 21.00 rupees. Union Bank of Colombo closed at 19.10 rupees up 30 cents and Sampath Bank lost 2.90 rupees to close at 220.10 rupees and Commercial Bank of Ceylon closed at 122.00 down 1.30 rupees.

LB Finance closed at 134.40 rupees up 4.50 rupees and Peoples Leasing and Finance closed at 14.80 rupees down 10 cents.

The Lion Brewery lost 10 cents to close at 410.00 rupees down 9.90 rupees and Distilleries Company lost 1.90 rupees to close at 201.50 rupees.

Aitken Spence closed at 135.00 up 1.00 rupee. Browns Investments closed flat at 3.50 rupees.

Softlogic Holding closed at 11.70 rupees down 10 cents and Vallibel One closed flat at 19.70 rupees down 10 cents.

Sri Lanka Telecom closed at 43.00 rupees up 50 cents and Dialog Axiata closed at 142.00 down 2.90 rupees.

Director - Equity Analytics
Director - Equity Analytics

Posts: 6088
Points: 12540
Reputation: 770
Join date: 2012-02-14

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum