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
» When can we learn a lesson as a Nation?
Today at 12:19 am by D-Rexton

» Who says local stock market investors are foolish!
Yesterday at 11:54 pm by Sstar

» Who Will Win Next presidential Election
Yesterday at 11:52 pm by D.G.Dayaratne

» How to unsubscribe
Yesterday at 11:46 pm by Sstar

» watch out key political events
Yesterday at 11:43 pm by dineshfernando

» Foreign Inflow/ (Outflow) 24/11/2014
Yesterday at 11:42 pm by suku502

» common candidate, CTC & market perspective
Yesterday at 11:36 pm by RPPA

» Taking calculated gambles with minimal risk is essential.
Yesterday at 11:27 pm by RPPA

» don't sell AEL, foreign Buying Continuously .it should be gone up sooner.................
Yesterday at 11:25 pm by suku502

» Private messages help
Yesterday at 11:21 pm by Siva08

» Look foreign inflow today why we are selling
Yesterday at 11:18 pm by suku502

» Welcome new Experts
Yesterday at 11:16 pm by Siva08

» LCEM LCEM LCEM .. ...
Yesterday at 11:09 pm by sampath.anuradha

» PARQ Holders winners
Yesterday at 11:02 pm by CARACALLA

» Try these tomorrow..
Yesterday at 10:50 pm by CARACALLA

» Nov 27 ඩයලොග් ප්‍රධාන විධායක නිලධාරී හාන්ස් විජේසූරිය මහතා තනතුරෙන් පහ කිරීමට පාර්ලිමේන්තු මන්ත්‍රී හර්ෂ ද සිල්වා මහතා කුමන්ත්‍රණය කරයි!!!!!
Yesterday at 10:40 pm by stockboy

» BLUE.X0000 Help me....
Yesterday at 10:14 pm by hasarel

» COLO Lovers_ This is OLD COLO
Yesterday at 9:20 pm by CSE1

» Its always good for the market to come down ( A timely Advice )
Yesterday at 9:14 pm by sirimevan

» Tomorrow end of month and end of sale, Next month target ASPI 7600
Yesterday at 8:51 pm by Gainer

» What about LHCL RHL MRH HAPU VONE YORK @ Current price?
Yesterday at 8:50 pm by piras

» tomorrow market?
Yesterday at 8:43 pm by sharemarket

» Play on REEF W- by player
Yesterday at 8:41 pm by IO3+O

» COLO - An Attractive Gem for High Net Investors / Fund Managers
Yesterday at 8:32 pm by kassachandi

» Dont get panic Some members creating Panic situatuon Here
Yesterday at 8:27 pm by Jana

» quarterly results highlight on Textured Jersey Lanka PLC for 2QFY15
Yesterday at 8:00 pm by Market R

» MY3 Markect eka kewa!
Yesterday at 7:44 pm by nalban

» sach9993 and LCEM [Pls Help the friend]
Yesterday at 7:40 pm by Thushara Ayya

» annualized eps calculation
Yesterday at 7:36 pm by zoozzoo

» Technical Journal Book of NC
Yesterday at 7:07 pm by NC

» Lesson 1 Value at Risk Vs Basel III
Yesterday at 6:25 pm by lux2014

» LCEM pahla awa wagem thama udat yankotath
Yesterday at 6:13 pm by sach9993

» Bought and wait buy more
Yesterday at 5:42 pm by man123

» LCEM udat yann welaw avith....dan blamu
Yesterday at 5:41 pm by sach9993

» LCEM LCEM LCEM.....
Yesterday at 5:40 pm by sach9993

» ASI change for the month of DEC after WAR
Yesterday at 5:38 pm by Jana

» STOCK HUNTS IN CURRENT BEAR MARKET (RPPA)
Yesterday at 5:16 pm by warshan

» LCEM promot karanw man bokkenmm
Yesterday at 5:10 pm by Ok One

» good run in next week.....
Yesterday at 5:03 pm by Ok One

» RPPA- Advise me to buy @ right time
Yesterday at 4:55 pm by aran

» don't buy LCEM................
Yesterday at 4:50 pm by sach9993

» What will happan tomorrow...?
Yesterday at 4:40 pm by aran

» Phillip Hughes Australian Cricketer
Yesterday at 4:38 pm by RPPA

» REEF.W0000 approaching 0.10
Yesterday at 4:37 pm by Jana

»  cse politic
Yesterday at 4:23 pm by karuna

» What to do next week?
Yesterday at 4:23 pm by NadeeR

» Let's go VPEL! Stay Strong!
Yesterday at 4:19 pm by GroundedKestrel

» Technical Analytics & Charts
Yesterday at 4:17 pm by kabba

» Will ASI go below 7000 before the Presidential Elections?
Yesterday at 4:12 pm by stockmania

» CTBL @ 4.50
Yesterday at 3:56 pm by SHARK aka TAH

» I Like very much this post
Yesterday at 3:48 pm by Jana

» ASIY @ 3.30
Yesterday at 3:31 pm by SHARK aka TAH

»  මීට වඩා හොඳ ‍පොදු අපේක්ෂකයෙක් ගැන සිතිය නොහැක - Dayan Jayathilake
Yesterday at 3:16 pm by SHARK aka TAH

» WASKADUWA BEACH RESORT PLC(CITW.N0000)
Yesterday at 2:25 pm by prebudda

» wow What a Market Mahinda Chinthana
Yesterday at 2:08 pm by nalban

» Turf War at CSE Between the bulls and the bears- seems like bulls are cowering.
Yesterday at 1:30 pm by SporeInvestor

» Imported Rice Prices reduced to control Maithri Rice Mafia
Yesterday at 1:28 pm by Ernie Tissera

» RE : Outrageous comments in my humble opinion
Yesterday at 1:17 pm by goldenboy

» MBSL Margin Traging Facility
Yesterday at 1:09 pm by Dishan

» හෙළ උරුමේ තුන් දෙනා ගියොත් ප්‍රශ්නයක්
Yesterday at 1:07 pm by stockback

» Credit Clear over Market will recover soon
Yesterday at 11:58 am by aran

» Patience Patience
Yesterday at 11:55 am by goldenboy

» Is it time to act due to attractive valuations in some sectors and stocks now?
Yesterday at 11:22 am by VALUEPICK

» Is the PM system works
Yesterday at 11:21 am by RPPA

» Be Alert on current situation
Yesterday at 11:15 am by Universalgoal

» IS THIS JATHYANTHRA KUMANTHANAYAKADA
Yesterday at 11:03 am by fireshelter

» Why long term investors win, short term traders lose
Yesterday at 10:58 am by VALUEPICK

» PAP i love you...
Yesterday at 10:54 am by buddikasmart

» ASPI targeting 7000 level
Yesterday at 10:48 am by shadow walker

» Mokadda me wenne ????
Yesterday at 10:37 am by Nuwan Samarawickrama

» Unrealized G/L ...........
Yesterday at 10:36 am by kuma524

» LCME.N0000 no bid
Yesterday at 10:32 am by shadow walker

» Why SCAP goes down?
Yesterday at 10:10 am by piras

» What's going on with VONE?
Yesterday at 10:02 am by piras

» Any news about TESS
Yesterday at 10:00 am by piras

» Site redirects to some other site.
Yesterday at 9:55 am by Sstar

» Indian / Sri Lankan election and stock market
Yesterday at 9:37 am by RPPA

» JINS Chart 25/11/2014
Yesterday at 9:23 am by Gainer

» sureshot heavily promote LCEM in chat forum....poor newcomers caught
Yesterday at 9:11 am by gamaya

» LLMP.N & X | What Do You Think Of The Very 1st Q Report ?
Yesterday at 9:01 am by Chanuque

» Company wise topics/ discussions...
Yesterday at 8:47 am by eroshans

» Ex-minister to pose 'serious challenge' to SL President
Yesterday at 7:59 am by Sstar

» PAP Dividend not announced yet.... why....
Yesterday at 7:54 am by buddikasmart

» CFVF Chart 25/11/2014
Yesterday at 7:48 am by OzTRADER

» CANDLE STICK GRAPH
Yesterday at 7:35 am by aran

» ASI Vs 200 day moving average
Yesterday at 6:40 am by Sstar

» AGST N.0000
Yesterday at 2:06 am by stockback

» Vanity Fair Article: Crouching Tiger, Hidden Raj! Will Raj Rajaratnam's funds will funnel back to SL in case a new government of MY3 and CBK?
Yesterday at 1:20 am by bakapandithaya

» Stock Analysis - 52 Week High Vs Current Price
Yesterday at 12:08 am by goldenboy

» OCTA's strategy...!
Wed Nov 26, 2014 11:33 pm by Dr Stock

» JINS , TJL , PLC huge buying presure
Wed Nov 26, 2014 10:00 pm by shan

» LCEM.N0000 ????
Wed Nov 26, 2014 9:49 pm by Gainer

» Impotance of Good Corporate Governance
Wed Nov 26, 2014 9:12 pm by SM2014

» LGL.X Chart 25/11/2014
Wed Nov 26, 2014 9:09 pm by aran

» LANKA CERAMIC - DIVIDEND ANNOUNCEMENT
Wed Nov 26, 2014 9:06 pm by kabba

»  PARQ......PARQ.......PARQ.......PARQ.......PARQ........PARQ.............
Wed Nov 26, 2014 8:55 pm by m.merlock

» Guys...!!! what is going on this market ????
Wed Nov 26, 2014 8:11 pm by Antonym

» Tap...........
Wed Nov 26, 2014 8:10 pm by Lstyle

» AEL over 10% stake eyed by China Merchants Holdings
Wed Nov 26, 2014 7:11 pm by D.G.Dayaratne

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

WHO IS THE NEXT PRESIDENT OF SRI LANKA?

 
 
 

View results

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: 19590
Reputation: 2854
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: 3748
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: 19590
Reputation: 2854
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: 12658
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