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
» CLPL.W13 near to Edge.
Today at 2:45 am by Gainer

» CLPL. - Final Attack start
Today at 2:44 am by Gainer

» * No short supply of heroin in Sri Lanka despite regular seizures
Today at 2:36 am by Octopus

» Best Plantation Shares...
Today at 2:31 am by VALUEPICK

Today at 2:26 am by VALUEPICK

» what is the best stock for short term gain from financial sector?
Today at 12:43 am by Runnerx

» Thursday Markets- GREG වලින් සුද්දෝ යති!සෝෆ්ටිලෝජික්ට සුද්දෝ වහා වැටෙති.වෙළෙඳ පොළ බසි!බලන්න අද විදේශ් ගණු-දෙනු සාරාංශය
Today at 12:14 am by VALUEPICK

» SUN.N - Sunshine
Today at 12:06 am by Eng Krishantha

» GREG future.
Yesterday at 11:52 pm by mukunthan

» What will happen tomorrow
Yesterday at 11:31 pm by hasarel

» හෙටින් පටන් ගන්නා GREG rally ekata මාගේ උණුසුම් සුබ පැතුම්
Yesterday at 11:17 pm by SHARK

» DPL may rock
Yesterday at 11:15 pm by monash

Yesterday at 11:14 pm by SHARK

» Annual Get Together - SLEF
Yesterday at 10:50 pm by SHARK

» Watch GREG
Yesterday at 10:26 pm by NZ BOY

» CFLB එක තැන ලගිනවා
Yesterday at 10:11 pm by Cricket Boy

» PCHH break out
Yesterday at 10:03 pm by Cricket Boy

» මම අලුත් කෙනෙක් මේ forum එකට
Yesterday at 9:28 pm by SHARK

» any prediction about SDB , PCHH , CIFL ?
Yesterday at 9:24 pm by hasarel

» මම හිතන්නේ HDFC මේ යන යෑමට රු100 යයි
Yesterday at 9:23 pm by shadow walker

» GREG...foreign selling...
Yesterday at 9:13 pm by dhanurrox

» I have 5 Million Cash To Invest in CSE
Yesterday at 9:01 pm by Cricket Boy

» CSE Calendar - Ex Dates / AGM / EGM
Yesterday at 7:47 pm by SHARK

» Browns Beach Hotel -BBH.N0000
Yesterday at 7:00 pm by hasarel

» RHL and COCO trading below Net Asset Value
Yesterday at 6:53 pm by Eng Krishantha

» SDB run and time frame
Yesterday at 6:53 pm by hasarel

» Riverina Hotels Plc has amalgamated with Palm Garden Hotels Plc with effect from 5 December.
Yesterday at 6:52 pm by skyfall

» COCO dought
Yesterday at 6:46 pm by Eng Krishantha

» CHOT at Rs14.10
Yesterday at 6:37 pm by skyfall

» clpc.w / greg
Yesterday at 6:29 pm by karuna

» JKH - Annual Report 2013/2014
Yesterday at 6:12 pm by Market R

» Richard Pieris Exports
Yesterday at 5:15 pm by Eng Krishantha

» IO...LIOC !
Yesterday at 5:11 pm by Eng Krishantha

» Capital trust PCH,PCHH,PCP Recommendation
Yesterday at 4:52 pm by Eng Krishantha

» The next big announcement
Yesterday at 4:07 pm by CARACALLA

» COCO Why is not moving ?
Yesterday at 3:57 pm by Eng Krishantha

» Good news for LOFC share holders
Yesterday at 3:45 pm by Harry82

» Where is our shark kolla... ?
Yesterday at 3:45 pm by besthope

» Next year for Illiquid Stocks
Yesterday at 2:50 pm by VALUEPICK

» order book gilmarts
Yesterday at 2:09 pm by stevenapple

» CLPL Strikes......!!!
Yesterday at 1:40 pm by UAEBOY

Yesterday at 1:12 pm by Market R

» Stock-Picking Strategies: Qualitative Analysis
Yesterday at 12:53 pm by playsmart

» SFIN MACD chart
Yesterday at 12:39 pm by Aubrey Perera

» TJL Best Selling price
Yesterday at 11:52 am by manolanka

» Rs. 2 per share 'Kick Back' in Expolanka Deal when Japan’s SG Holdings bought 30%
Yesterday at 11:32 am by Invest-Wise

» BIL @ 1.80 Some one is collecting
Yesterday at 11:31 am by asanthab

» How about ALUM.N
Yesterday at 11:17 am by sisira.wijeweera

» TAFL think and win
Yesterday at 11:16 am by VALUEPICK

Yesterday at 10:55 am by yellow knife

Yesterday at 10:41 am by Jiggysaurus

» tomorow gran day
Yesterday at 10:36 am by fireshelter

» What are the good banking stocks
Yesterday at 10:11 am by Pethi

» CHOT - Short term price movement
Yesterday at 10:07 am by skyfall

» Switch to John Keells (JKH) Warrants
Yesterday at 9:48 am by DealKing

» Catching reversal with Bollinger Bands and MACD histogram
Yesterday at 9:48 am by Pethi

» Is it wise to buy 52 week high stocks?
Yesterday at 9:46 am by shadow walker

» Commodities markets
Yesterday at 9:45 am by VALUEPICK

Yesterday at 9:39 am by jonny

» Practical, Not Conventional, Wisdom Has Driven Sri Lanka's Rebuilding and Reconciliation
Yesterday at 9:19 am by Sstar

» ASPI calculation
Yesterday at 9:16 am by gamaya

» Treasury Bill Auction - 23 July 2014
Yesterday at 9:13 am by Sstar

» ටච්වුඩ් වලට මොකද වෙන්නෙ,,, දන්න කෙනෙක් ඉන්නවද? අයියො සල්ලී............
Yesterday at 9:00 am by Sstar

» Sri Lanka debt, interest costs, among highest in the world: Moody's
Yesterday at 8:47 am by Sstar

» Sri Lanka's Ceylon Cold Stores net up 87-pct in June quarter
Yesterday at 8:46 am by Sstar

» Keeping Eye on UML
Yesterday at 7:23 am by keeper

» How about HEYL.N
Yesterday at 6:59 am by Sstar

Yesterday at 6:53 am by shadow walker

» Sri Lanka Economy- Moody's Report
Yesterday at 6:01 am by stevenapple

» CLPL.N.. Why need to go up?
Yesterday at 3:50 am by sisira.wijeweera

» Lee Hedges Plc(SHAW.N0000)
Yesterday at 3:15 am by skyfall

» What's happening with PALM?
Yesterday at 3:13 am by skyfall

Wed Jul 23, 2014 11:55 pm by k9

» TAFL worth even at 70
Wed Jul 23, 2014 11:43 pm by ddrperera

» Dont miss YORK and COCO Bus
Wed Jul 23, 2014 9:56 pm by Eng Krishantha

» Are SAMP/GRAN buy now?
Wed Jul 23, 2014 9:50 pm by eKelum

» HDFC with potential
Wed Jul 23, 2014 9:49 pm by nkuda

» Short Quotes
Wed Jul 23, 2014 9:34 pm by Rocky

» Identifying the correct Horse?
Wed Jul 23, 2014 8:42 pm by Sstar

» LGL performance and value
Wed Jul 23, 2014 8:30 pm by Sstar

» Special Eye
Wed Jul 23, 2014 8:25 pm by bakapandithaya

» නිමල් පෙරේරා “බොක්කෙන්ම” කතා කරයි
Wed Jul 23, 2014 8:22 pm by bandulawee

» Hello all.I am new to this forum.
Wed Jul 23, 2014 8:20 pm by Sstar

» CLPL W13's success story
Wed Jul 23, 2014 7:57 pm by Market.Player

» CALF right issue at 13Rs
Wed Jul 23, 2014 7:33 pm by Aubrey Perera

» DPL......not moving why silent...
Wed Jul 23, 2014 7:16 pm by hasarel

» SDB.N0000 Getting Ready
Wed Jul 23, 2014 6:58 pm by hasarel

Wed Jul 23, 2014 6:54 pm by dsam

» ASCO why silent?
Wed Jul 23, 2014 6:22 pm by Market Sucker

» How about BLI ?
Wed Jul 23, 2014 5:46 pm by CARACALLA

» GRAN passed low rate but TAFL price is high.what is the downward price for GRAN?
Wed Jul 23, 2014 5:38 pm by CARACALLA

» Best single share to buy for mid - long term (6 month - 1 yrs)
Wed Jul 23, 2014 5:37 pm by slmarket2

Wed Jul 23, 2014 5:25 pm by kabba

» Tea oriented plantation stocks...
Wed Jul 23, 2014 5:07 pm by VALUEPICK

Wed Jul 23, 2014 3:32 pm by VALUEPICK

Wed Jul 23, 2014 3:24 pm by stockback

» The Best 5 Shares to Buy
Wed Jul 23, 2014 3:11 pm by FLOWER2

» Some Charts worth looking at them. Price Gainers and Price losers/ Direction of All share index.
Wed Jul 23, 2014 3:05 pm by FLOWER2

» where will TB rate end ? what are banks doing ?
Wed Jul 23, 2014 2:28 pm by VISA

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: 19464
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: 3623
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: 19464
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: 12533
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