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
» james packer says good bye to SRi Lanka
Today at 4:40 am by Teller

» Packer is going Home!
Today at 4:39 am by stockback

» CALM DOWN!
Today at 4:27 am by stockback

» Market should fall 648 Points as a result of Super Gain Tax
Today at 3:36 am by Teller

» super gain tax is not reasonable
Today at 3:27 am by Teller

» this is Saradiyel theory.
Today at 3:02 am by Teller

» New Investment stratergy in CSE from monday
Today at 2:12 am by anges

» Budget is killing the market
Today at 1:40 am by ccsentha

»  UNP Government Disaster for Economy
Today at 1:35 am by ccsentha

» with all these tax removals, wouldn't the trade gap widen even further? and in turn increase interest rate and.....
Today at 1:23 am by ccsentha

» WHAT ARE THE BEST TO BUY ....
Today at 1:10 am by ccsentha

» why you should visit cemetery....
Yesterday at 11:35 pm by tha

» Who said market will go up after elections? Can you please answer!
Yesterday at 11:34 pm by D.G.Dayaratne

» SIRA.N0000 report out (Massive profit )
Yesterday at 11:07 pm by buddhika.naween

» ASI 190 points down! Still no signs of the bottom?
Yesterday at 11:00 pm by VALUEPICK

» Professional Investments
Yesterday at 10:56 pm by VALUEPICK

» Vehicle prices after today budget....
Yesterday at 10:21 pm by Thushara Ayya

» Super gain tax 25% is good for small or medium capital investors
Yesterday at 10:20 pm by stockback

» Hurray..................!!!!!!
Yesterday at 10:07 pm by shane001

» banks and leasing companies benefits with leasing more <1000Cc
Yesterday at 10:00 pm by tha

» Super gain tax would not affect That much. Monday market could go up..
Yesterday at 9:21 pm by Vptilak

» How many of you investors buy stock to see its rise up the very next day or week?
Yesterday at 7:41 pm by Sunnyside

» Is Reef W reaching 10 cents???
Yesterday at 6:06 pm by sisira.wijeweera

» JKH shining.
Yesterday at 5:37 pm by VALUEPICK

» Quick Screening of the overall impact of the interim budget 2015
Yesterday at 5:20 pm by EquityChamp

» Why PLC this much of trading???
Yesterday at 4:54 pm by EquityChamp

» Sri Lanka shares fall after government's retrospective tax plan
Yesterday at 4:10 pm by Gainer

» ශිරාණි ඉවත් කළ හැටි වැරදී බව අගමැති කියයි - පාර්ලිමේන්තුව උණුසුම් - විනාඩි 20ට කල්දමයි
Yesterday at 3:39 pm by Quibit

» Asia Securities stopped giving credit???
Yesterday at 2:59 pm by shane001

» 24 listed Companies to pay Rs.27 billion Super Gain Tax in Sri Lanka
Yesterday at 2:37 pm by mendis86

» Guys dont panic tomorrow
Yesterday at 2:34 pm by OneYear

» FACETS OF NEW TAX LAIBILITY
Yesterday at 2:23 pm by worthiness

» Interest rate for Loans taken by Credit cards will be maximum up to 8%
Yesterday at 2:10 pm by Vptilak

» SIMPLE ECONOMICS TROUBLE AHEAD
Yesterday at 1:54 pm by Spoon

» Did Rotonvander Robin Hood turned Fin Min is stealing from All Sri Lankans from this Budget?
Yesterday at 1:53 pm by bandulawee

» MY3'Ranil Budget says Sri Lankan Debt is 88.9% of US $ 60 billion Economy that has a over 7% economic growth
Yesterday at 1:35 pm by bandulawee

» Yahapalanaya..please save us!
Yesterday at 1:33 pm by sharemarket

» Liquor and Beer companies to pay Rs.200 million per month- MY3'Ranil Budget Syndrome
Yesterday at 12:51 pm by StockGuru

» Market should Drop....
Yesterday at 12:45 pm by SL.Market

» PARQ Strong Sure
Yesterday at 12:34 pm by fireshelter

» Change MS Killing Market
Yesterday at 12:21 pm by sureshot

» Kattiya MY3 ta deela koragaththa tika athida ?????
Yesterday at 12:02 pm by cruiserdude

» VPEL............
Yesterday at 11:40 am by kash1989

» ASI Down INSTANTLY
Yesterday at 11:36 am by mendis86

» SEC NEW CHAIRMAN"S WITCH HUNT BEGINS AT HOME
Yesterday at 11:27 am by Quibit

» MGT VS TJL
Yesterday at 11:25 am by dextor

» pap.........
Yesterday at 11:13 am by Lstyle

» SFIN Buy Buy.......
Yesterday at 11:08 am by Ernie Tissera

» Sri Lanka to impose 'super gains' tax on company profits: Interim Budget 2015
Yesterday at 11:05 am by nalban

» what is happening to EXPO ......
Yesterday at 10:38 am by Thinker

» Who will affect by super gain tax?
Yesterday at 10:31 am by VALUEPICK

» market will stop trading for few mints
Yesterday at 10:25 am by NZ BOY

» Its a blood bath - Market is crashing!!
Yesterday at 10:20 am by VALUEPICK

» keep an eye on LCEM
Yesterday at 10:10 am by sureshot

» Experts point of view Interim Budget 2015 ???
Yesterday at 9:59 am by aiyosalli

» :) :) Collectors are on the move
Yesterday at 9:49 am by cpw

» WILL TILAK INVESTIGATE THIS ? HA HA HA
Yesterday at 7:48 am by hettihewa

» good time to enter into HVA again...
Yesterday at 4:13 am by Teller

» TJL.........
Yesterday at 3:43 am by dil7

» ESL last 12 Month EPS 19.01 ESL value Above 200
Yesterday at 12:04 am by NZ BOY

» Colombo Bourse's Billion Rupee club
Thu Jan 29, 2015 11:50 pm by NZ BOY

» Budget reading started??
Thu Jan 29, 2015 10:32 pm by EquityChamp

» Did u observed the artificial up trend today?
Thu Jan 29, 2015 9:58 pm by EquityChamp

» TJL Results
Thu Jan 29, 2015 8:33 pm by fireshelter

» TJL Results
Thu Jan 29, 2015 8:33 pm by fireshelter

» OSEA Results
Thu Jan 29, 2015 8:32 pm by fireshelter

» OSEA Good dividend
Thu Jan 29, 2015 7:39 pm by Aubrey Perera

» Interim Budget 2015 reading
Thu Jan 29, 2015 6:54 pm by nimantha80

» senior citizen interest rate @ 15%...
Thu Jan 29, 2015 6:39 pm by worthiness

» Thinking JKH entrance
Thu Jan 29, 2015 5:14 pm by EquityChamp

» Sri Lanka To Have Two CJs! Shirani is Reinstated While Peiris Sitting
Thu Jan 29, 2015 4:31 pm by Spoon

» Mansion tax ?
Thu Jan 29, 2015 4:05 pm by Mr.GP

» Why Dr Godahewa Left - The Background Story
Thu Jan 29, 2015 2:44 pm by hettihewa

» AEL is in deep trouble?
Thu Jan 29, 2015 1:51 pm by EquityChamp

» What will happen to the VPEL..!
Thu Jan 29, 2015 1:34 pm by EquityChamp

» Time is right for cautious buying!
Thu Jan 29, 2015 1:29 pm by EquityChamp

» මෙය යහපාලනය නොවේ...
Thu Jan 29, 2015 1:00 pm by dsam

» ASCO Is goint more than 64
Thu Jan 29, 2015 12:57 pm by EquityChamp

» KAPI.N Issaraht drop wenwooo
Thu Jan 29, 2015 12:54 pm by EquityChamp

» sira........
Thu Jan 29, 2015 12:47 pm by EquityChamp

» SIRA Eps 0.50 rupee per share for last 3 month
Thu Jan 29, 2015 12:32 pm by NZ BOY

» ASCO.R 50.00 ASCO.N 51.20 ?
Thu Jan 29, 2015 12:29 pm by EquityChamp

» මොකද හිතන්නේ CIFL??
Thu Jan 29, 2015 12:06 pm by dakshinadk

» IDL ...........
Thu Jan 29, 2015 12:01 pm by kash1989

» JKH Negative, then ASI...
Thu Jan 29, 2015 11:27 am by sharemarket

» Keep on eye GREG Family stocks
Thu Jan 29, 2015 11:22 am by EquityChamp

» SEYB ~N Is important
Thu Jan 29, 2015 11:19 am by kash1989

» Sri Lanka budget to focus on populist steps ahead of polls
Thu Jan 29, 2015 11:08 am by EquityChamp

» Equity Market Outlook - 2015
Thu Jan 29, 2015 11:03 am by piras

» Sri Lanka Treasury bill yields frozen
Thu Jan 29, 2015 11:03 am by EquityChamp

» ESL good news
Thu Jan 29, 2015 11:00 am by Aubrey Perera

» JKH interim dividend
Thu Jan 29, 2015 10:56 am by EquityChamp

» TOKYO target price
Thu Jan 29, 2015 10:53 am by piras

» how about WATAWALA?
Thu Jan 29, 2015 10:52 am by piras

» Today uptrend may be anticipating good budget
Thu Jan 29, 2015 10:48 am by EquityChamp

» POLL: What is your primary stock picking strategy?
Thu Jan 29, 2015 10:41 am by Spoon

» Ha haaa new tips
Thu Jan 29, 2015 10:35 am by EquityChamp

» ASCO N & R...........
Thu Jan 29, 2015 10:33 am by EquityChamp

» chat room
Thu Jan 29, 2015 10:17 am by sureshot

Virtual Stock Market Game
Virtual Stock Market Game
Ask ORACLE Before you Buy or Sell Shares!
Ask ORACLE
Entertainment
Sri Lanka Equity - Entertainment
Forum Rules & Guidelines
Sri Lanka Equity Analytic
Disclaimer

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.

www.srilankaequity.com 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, www.srilankaequity.com 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)
http://uk.reuters.com/article/2013/06/03/markets-srilanka-idUKL3N0EF2CF20130603

sriranga
Co-Admin

Posts: 6829
Points: 19655
Reputation: 2855
Join date: 2011-02-01
Location: London

http://www.srilankaequity.com

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

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

Posts: 2491
Points: 3812
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.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=80515

sriranga
Co-Admin

Posts: 6829
Points: 19655
Reputation: 2855
Join date: 2011-02-01
Location: London

http://www.srilankaequity.com

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.
http://www.lankabusinessonline.com/news/sri-lanka-stocks-close-down-0.2-pct/866299752

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Posts: 6088
Points: 12722
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