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
Today at 2:25 pm by Jana

» Rs. 6 Billion for TFC from Central Bank of Si Lanka
Today at 2:16 pm by Jana

» SHARK aka TAH.....
Today at 2:08 pm by RPPA

» RHL Mega Potential
Today at 2:06 pm by Jana

» TFC- ARR finish their sold
Today at 2:03 pm by Jana

» ASCO ඉස්කෝප්ප අසියා!!!!
Today at 1:57 pm by sach9993

» ASCO promotion going on
Today at 1:41 pm by chutiputha

» Ready to go up... Started
Today at 1:41 pm by RPPA

Today at 1:30 pm by kassachandi

» 84.8% shares are over value in cse with current earnings
Today at 1:08 pm by Gainer

» PABC - 28M Shares sold Today
Today at 12:59 pm by Ernie Tissera

» sach9993 next bet ASCO
Today at 12:35 pm by sach9993

» DirectFN - Accounts Summary..?
Today at 12:29 pm by Dhehan

»  ASCO තමා යොදයා.,
Today at 12:29 pm by sach9993

» ASCO the hidden gem in the market
Today at 12:28 pm by sach9993

Today at 12:27 pm by sach9993

» ASCO ASCO..mage ilang stock eka
Today at 12:25 pm by sach9993

Today at 12:08 pm by sach9993

» ASCO is the best?
Today at 12:07 pm by sach9993

» ASCO gamet bahinai hadane
Today at 12:06 pm by sach9993

» ASCO the power
Today at 12:06 pm by sach9993

Today at 12:00 pm by dakshinadk

» PAP train is ready to go......
Today at 11:47 am by kuma524

» KAPI Community
Today at 11:38 am by Sarabulathwita

» who will win-an analysis
Today at 11:38 am by Dhehan

» Rs 1,200/-million for 1 km. big commission
Today at 11:13 am by worthiness

» will govt' reduce Fuel price in next week??????
Today at 11:08 am by Dhehan

» LDEV............LDEV.............
Today at 11:00 am by aiyosalli

» JKH. good time to enter
Today at 10:48 am by Octopus

Today at 10:35 am by dakshinadk

» GLASS??????
Today at 10:06 am by NadeeR

Today at 9:37 am by Ernie Tissera

» RPPA , SACH9993! how is BLUE N , X ?
Today at 9:29 am by anjelo

» Sri Lankan stocks fall for fifth day; hit near 3-wk low
Today at 8:47 am by Sarabulathwita

» How about GREG.W0006 ?
Today at 8:44 am by Sarabulathwita

» why GREG.W6 traded volume is 2.1mill today?
Today at 8:42 am by Sarabulathwita

» Technical Analytics & Charts
Today at 8:20 am by piras

» People’s Leasing & Finance appointed to manage CIFL
Yesterday at 11:46 pm by sach9993

»  BLUE-(Blue Diamonds Jewellery Worldwide PLC)
Yesterday at 11:05 pm by hlsindrajith

» sdb good to buy in market! pass 120/= soon
Yesterday at 10:57 pm by hlsindrajith

»  Hot Hot News from SARA
Yesterday at 9:23 pm by Sarabulathwita

» Latest News - From UNP Official facebook fan page
Yesterday at 9:12 pm by Sarabulathwita

» HVA Ready for Run
Yesterday at 8:30 pm by ColomboInvestor

» KAPI is collecting at 70-71
Yesterday at 4:30 pm by shane001

» Breaking news...........
Yesterday at 3:46 pm by Sarabulathwita

» KAPI - hidden gem
Yesterday at 3:44 pm by Sarabulathwita

» CFL - MANDATORY Offer Close on 18 Dec
Yesterday at 3:24 pm by slmarket2

» How do I get new divident cheque?
Yesterday at 2:30 pm by rmark

» Top 10 stocks to invest in...........
Yesterday at 1:16 pm by piras

» atl go up further on next week?
Yesterday at 12:59 pm by fff4sl

» BLUE EGM news post...
Yesterday at 12:21 pm by sudheeee

» Tomorrow is the Day
Yesterday at 12:01 pm by hlsindrajith

» Next:CSF has to beg a loan from CB
Yesterday at 11:43 am by Teller

» colombo fort city will be wick
Yesterday at 11:23 am by Dhehan

» Compromised Judiciary
Yesterday at 11:10 am by stocker

» ජනපති සටනට පැරීසියත් පෙරමුණ ගනී
Yesterday at 11:10 am by Sarabulathwita

» RHL X & N sell or hold?
Yesterday at 10:26 am by piras

» KAPI.N Issaraht drop wenwooo
Yesterday at 9:46 am by Sarabulathwita

» DFN Average Cost After RHL rights
Yesterday at 9:42 am by aiyosalli

» CIFL and TFC
Yesterday at 9:21 am by Kinm hunter

» ESL OR CFVF ....
Yesterday at 9:16 am by kassachandi

» NDB-DFCC ඒකාබද්ධ කිරීම ගැන NDB සභාපතිවරයාගේ නවතම හෙළිදරව්ව – (Video Interview)
Yesterday at 7:30 am by ShiraBoy

» where ever mr.asanga senavirathna is on.right issues are on.
Tue Dec 16, 2014 9:56 pm by hlsindrajith

» LONG TERMS INVESTMENT වලට හොද SHARES ගන්න හොද Company මොනවද කියලා කියන්න පුලුවන්ද
Tue Dec 16, 2014 8:34 pm by bandulawee

Tue Dec 16, 2014 8:22 pm by kassachandi

» Time is free, but it's priceless. You can't own it, but you can use it. You can't keep it, but you can spend it.
Tue Dec 16, 2014 7:56 pm by Asoka Samarakone

» S&P SL 20 දර්ශකයෙන් සමාගම් තුනක් හැළේ
Tue Dec 16, 2014 7:46 pm by Nuwan Prasad

Tue Dec 16, 2014 6:54 pm by TuskerLK

» Advice on HVA
Tue Dec 16, 2014 5:38 pm by ColomboInvestor

» CLC collect karann patan aran thiyene
Tue Dec 16, 2014 5:12 pm by sach9993

» Sarage Prediction
Tue Dec 16, 2014 4:06 pm by Sarabulathwita

» Next price cut of fuel and Gas in Sri lanka
Tue Dec 16, 2014 3:42 pm by Teller

» where ever mr.asanga senavirathna is on.right issues are on.
Tue Dec 16, 2014 3:31 pm by Teller

» 84.8% shares are over value in cse with current earnings
Tue Dec 16, 2014 3:31 pm by Sarabulathwita

» Political Nepotism and future of Sri Lanka.
Tue Dec 16, 2014 2:42 pm by Dhehan

Tue Dec 16, 2014 2:15 pm by Sarabulathwita

Tue Dec 16, 2014 1:09 pm by dsam

» "File thiyan inne mokada mawil enakam" - says a Politician
Tue Dec 16, 2014 12:36 pm by Sarabulathwita

» Market crash on or after 8th of Jan 2015 ??
Tue Dec 16, 2014 12:15 pm by Dhehan

» Real Truth: Maithripala Sirisena's own Words on January 2014 with Sri Lanka's Prestigious Business Magazine - Business Today
Tue Dec 16, 2014 11:59 am by IO3+O

» oil prices are expecting to drop aruound 45 us dollars.
Tue Dec 16, 2014 11:16 am by piras

» TFIL bought witout consent
Tue Dec 16, 2014 10:41 am by Sarabulathwita

» Copper USD 550 kin bahala , Crude Oil USD 33 kin bhala SIRA gannada ? LIOC gannada ? ane manda
Tue Dec 16, 2014 10:37 am by kassachandi

» LIOC - Oil price drops futher
Tue Dec 16, 2014 10:22 am by shadow walker

» Any news on TFC
Tue Dec 16, 2014 10:03 am by stocker

» What to do with TESS.N - RPPA, Shark your advice much appreciated
Tue Dec 16, 2014 9:51 am by Dhehan

» Momentum: Asia’s largest synchronised professional forum in Colombo tomorrow
Tue Dec 16, 2014 9:49 am by Sarabulathwita

» Resignation update
Tue Dec 16, 2014 9:38 am by Sarabulathwita

» BLUE Meeting
Tue Dec 16, 2014 9:34 am by Sarabulathwita

» Collection month of the year....!
Tue Dec 16, 2014 8:31 am by s.lalith

» CFVF and CSEC Foreign Selling continue........
Tue Dec 16, 2014 7:42 am by OzTRADER

» CFVF and ESL- Best time to collect
Tue Dec 16, 2014 12:04 am by kassachandi

» Any body can suggest short term trading
Mon Dec 15, 2014 11:12 pm by Gainer

» PLC Dividends?
Mon Dec 15, 2014 10:48 pm by ddrperera

» Any News Heladiv (HVA)
Mon Dec 15, 2014 10:17 pm by sach9993

» Sierra Cables Hit the previous High 6/=
Mon Dec 15, 2014 10:02 pm by sach9993

Mon Dec 15, 2014 9:24 pm by fireshelter

Mon Dec 15, 2014 9:06 pm by Teller

» Monday 15 EGM 29 & What will happen to KAPI.N0000 ? - sach9993 / Jana / RPPA please advice.
Mon Dec 15, 2014 8:02 pm by kassachandi

Ask ORACLE Before you Buy or Sell Shares!
Virtual Stock Market Game
Virtual Stock Market Game - Vstox
Sri Lanka Equity - Entertainment



View results

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: 19612
Reputation: 2855
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: 3769
Reputation: 132
Join date: 2012-02-26
Age: 41
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: 19612
Reputation: 2855
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: 12679
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