Archive for December, 2009

In year 2009 CSE has reached its highest level. Indices gained more than 120% for the 2009. Today the final trading day of the year All share Index closed at 3385.55, up 28.96 points while more liquid MPI closed 28.81 points higher at 3849.38. Turnover for the day was 765.4 million rupees.
The Colombo Dockyard Plc was up by Rs 17.00 to close at Rs 244.75. Dockyard gained more than 250% since May 2009. Tokyo Cements (Lanka) Plc closed at Rs 322.25, up 11.25. Mobile Telecom giant Dialog Telekom Plc closed unchanged at Rs 7.25. Hatton National Bank was up by 2.25 to close at Rs 170.25 while Sampath Bank gained 3.25 to end the day at Ra 204.25.
Asiri Central Hospitals Plc was down by 8.25 to close at Rs 106.75. The Chevron Lubricant Lanka Plc lost 5.75 to close at Rs 141.75. Distilleries Company of Sri Lanka Plc (DIST) closed 25 cents lower at Rs 105.25. DIST is one of good stock you should buy as it has potential to go up 40 to 50 rupees within next year. They have invested in fully owned insurance subsidiary & amount due from government is more than Rs 6 billion (US$ 52 million+).
Hope 2010 will be most challenging year for Colombo Stock Market. We need more foreign funds to invest here. War is not a subject to talk about any more. We have peace now this is the best time to build our economy.
We (Stock Market Today) wish our readers Happy Peaceful & Profitable New Year!

Another positive day for Colombo Share Market.

ASI managed to close 11.70 points higher at 3356.59 while MPI closed at 3820.57, up 11.55 points. Turnover recorded for the day was Rs 620.9 million. There were retail investor interest seen on shares under rupees 10.00.
Dialog Telekom (1,843,400 shares) closed the day unchanged at Rs 7.25 while over one million Piramal Glass Ceylon Plc shares traded at Rs 2.10 per share. Large quantities (1,022,900 shares) traded in Blue Diamond Jewelry Worldwide Plc & closed 10 cents lower at Rs 2.00.
The Bukit Darah Plc added Rs 87.50 to its value and closed at Rs 2850.00. J.L Morison Sons & Jones (Ceylon) Plc was up by Rs 49.50 to close at Rs 799.50 on 200 shares.    Carson Cumberbatch Plc closed at Rs 455.50, up 17.25.
Aitken Spence Plc lost 25 rupees to close at Rs 1325.00. Nestle Lanka Plc dipped by Rs 9.50 to end the day at Rs 415.00.
There is good news for investors who subscribed for Renka Agri Foods initial Public offering (IPO). Colombo Stock Exchange has announced that the Renka Agri Foods shares will be start trading on 4th January 2010. The assigned security code is RAL-N-0000. It was classified under Beverage, Food & Tobacco sector.
There is only one more trading day for the year 2009; the 31st December 2009 is a public holiday in Sri Lanka.
The Presidential Election campaigns are heating up; both top two candidates are working hard to win the most powerful post in the country.
 There are so many online polls are currently active on various websites with deferent results.  Some visitors may try to manipulate the poll results by voting more than once. This is not a campaign for any particular Presidential Candidate. So please give only one vote for your preferred person.
Remember these online opinion polls don’t give 100% clear picture. Most of (90%) internet users in Sri Lanka are from Colombo District or Western Province.
You can find the poll widget on top left hand corner of this blog.
                                                                                                                           

Sri Lanka shares closes higher on Monday.

Market started fresh week with the optimism. ASI closed at 3344.89, up 52.13 points while MPI closed 31.78 points higher at 3809.02. Turnover was 563.2 million rupees.
Aitken Spence Plc was the today’s biggest gainer with Rs 151.25 gain to close at Rs 1350.00. The Bukit Darah Plc was up by 35.25 to close at Rs 2762.50. Nestle Lanka Plc closed at Rs 424.50, up 14.50.
In Banks Finance & Insurance sector, Central Finance was up by four rupees to close at Rs 310.00. National Development Bank closed at Rs 205.00, up 3.50 while Development Finance Cooperation of Ceylon (DFCC) closed one rupee higher at Rs 165.75. Commercial Bank of Ceylon Plc closed at Rs 189.00, up two rupees.
The two index heavy telecom giants, Sri Lanka Telecom & Dialog Telekom closed 75 cents & 25 cents higher to close at Rs 46.50 & Rs 7.25 respectively.
Watawala Plantations Plc lost 2.50 to end the day at Rs 86.75. Diversified Blue Chip Hayleys Plc lost one rupee to close at Rs 174.00. Alcohol producer Distilleries Company of Sri Lanka Plc closed 1.50 lower at Rs 105.50.
Announcements at Colombo Stock Exchange.
28-Dec-2009 SUB DIVISION OF SHARES DATES   

TOKYO CEMENT COMPANY (LANKA) PLC (Voting Ordinary Shares)
Date of Announcement: – 28. December 2009
Company ID: TKYO
Date of EGM – 20 January 2010
Sub Division based on the shareholding as at end of trading on – 20 January 2010
Period of Dealing Suspension (Both days inclusive): 21 January 2010 to 27 January 2010
Date of commencement of trading: 28 January 2010

CSE recovered from yesterday’s losses.

The benchmark Colombo All Share Index (ASI) was up by 26.76 points to close at 3292.76 while more liquid Milanka Price Index (MPI) gained 32.91 points to close at 3777.24. Turnover was 868 million rupees.
Distilleries Company of Sri Lanka Plc was up by 3.75 to close at Rs 107.00 with the announcement of receiving approval for their newly formed insurance subsidiary. Aitken Spence Plc closed at Rs 1198.75, up 63.00 rupees. More than 1.3 million of Asian Hotels & Properties Plc shares traded within price range of Rs 90.00 to 92.00 & closed 50 cents higher at Rs 90.50.
Colombo Dockyard closed at Rs 220.25, up two rupees. Sri Lanka’s largest privately held commercial bank, Commercial Bank of Ceylon Plc gained 1.50 to end the day at Rs 187.00. National Development Bank was up by 1.25 to close at Rs 201.50 while DFCC closed at Rs 164.75, up one rupee.
Ceylinco Insurance Nonvoting lost seven rupees to close at Rs 125.00. Ceylon Tea Services closed at Rs 376.00, down by four rupees.
Hope market will retain its current bullish trend for the rest of few days in year 2009.
We wish our readers Merry Christmas!
santa CSE recovered from yesterday’s losses.

Image via Wikipedia

Investors take profit ahead of holiday season.

Colombo shares opened higher but closed marginally lower due to selling pressure which was started on middle of the day. Investors were taking advantage of huge gains made during the last few days. ASI lost 14.82 points to close at 3266.00 while MPI lost 12.69 points to end the day at 3744.33.
Turnover was 1.3 billion rupees. More than 3.2 million shares of Asian Hotel & Properties Plc traded today & closed two rupees higher at Rs 90.00. Eagle Insurance was up by Rs 5.75 to close at Rs 183.75. Asiri Central Hospitals Plc 110.00, up four rupees.
Aitken Spence Plc lost 14.25 to close at Rs 1135.75 on 98,100 shares. Carsons  Cumberbatch Plc closed at Rs419.50, down 13.50. Haycarb Plc was down by 4.00 to close at Rs 140.25. Distilleries Company of Sri Lanka Plc lost 2.25 to close at Rs 103.25 while Colombo Dockyard Plc declined by Rs 3.75 to end the day at Rs 218.25.
Foreigners sold Rs 541.7 million worth of stocks while purchased Rs 47.8 million worth of stocks.  

At the end of Tuesday’s trading ASI gained 46.54 points to close at 3280.82 while MPI closed at 3757.02, up 67.74 points. Heavy trading in HNB & JKH helped to generate Rs 1.44 billion turnover for the day.
The Bukit Darah Plc was up by Rs 320.75 to close at Rs 2499.75 while Aitken Spence Plc gained further fifty rupees to close at Rs 1150.00. Index heavy Blue Chip; John Keells Holdings closed Rs 9.75 higher at Rs 172.00 & over 1.6 million shares traded for the day. There were larger parcels (1,029,100 shares) of Hatton National Bank traded & ended the day 2.75 lower at Rs 166.50.
Retail investor interest has seen on ACL Plastics which was appreciated by Rs 6.25 to close at Rs 75.75. Dialog Telekom lost 25 cents to close at Rs 6.75 while Sri Lanka Telecom closed at Rs 45.00, up one rupee.
Foreigners were net sellers with Rs 673 millions of sales & Rs 185 million worth of purchases. It is looks like the upward trend is strong & will stay next couple of days.
     

Sri Lanka Stock Market hits another record high.

Colombo Stock Market continued its upward trend which was started last week. ASI closed at record high of 3234.28, up 45.46 points while MPI also closed at 3689.28, up 58.80 points. Turnover was 1.01 billion rupees.
Top five positive contributors for the day.
Aitken Spence Plc closed at Rs 1100.00, up 100 rupees.
Chevron lubricant Lanka Plc closed at Rs 146.00, up Rs 16.25.
Carsons closed at Rs 409.75, up Rs 19.75.
John Keells Holdings closed at Rs 162.25, up 1.75.
Distilleries Company of Sri Lanka Plc closed at Rs 105.25, up 3.25.
Top five negative contributors for the day.
 Tangerine Beach Hotels Plc lost 1.50 to close at Rs 66.50.
Asiri Hospitals Plc lost 25 cents to close at Rs 11.00.
Lion Brewery Ceylon Plc lost 1.50 to close at Rs 70.00.
Union Assurance lost 2.75 to close at Rs 92.00.
Central Finance lost 5.00 to close at Rs 305.00.
I still recommend Commercial Bank, DFCC & Distilleries as strong stocks to buy.

Who will be the next President of Sri Lanka?

We are (Stock Market Today) conducting an opinion poll on Sri Lanka

Presidential Election to be held in January 2010.

Our honest intention is to get a rough idea about the winner. Although there are other candidates are contesting, according to history of Sri Lankan Elections it is unrealistic to think person to win other than one of main two candidates. If you think none of the main two candidates will win the election you can vote on “I don’t know”
We are not giving special treatment to any candidate. Please vote only once. If you have any complain or suggestion, please contact us on info@stock-market-today.net.

Happy online voting!

Colombo Stock Market reaches All Time High.

Today, 18th December 2009 ASI closed at 3188.82 (+54.35 points) which is all time high surpassing previous record of 3139.7 on 13th October 2009. The Milanka (MPI) index closed 74.73 points higher at 3630.48. Turnover levels are still on high & today it was Rs 1.13 billion.
According to the Press Release issued by Colombo Stock Exchange the Colombo bourse has recorded 112% growth for the year 2009.
Today Carson Cumberbatch group of companies recorded significant gains. Parent company Carson Cumberbatch Plc was up by 21.25 to close at Rs 390.00 while Shalimar (Malay) Plc was up by Rs 210.25 to close at Rs 645.00. The Bukit Darah Plc closed at Rs 2099.75, up 202.25. Chevron Lubricant Lanka Plc gained Rs 15.00 to close at Rs 129.75. Highly profitable Colombo Dockyard Plc was up by 15.75 to end the day at Rs 215.75. Both National Development Bank & Development Finance Corporation of Ceylon (DFCC) was up by five rupees each to close at Rs 205.00 & Rs 160.00 respectively.
Fixed line telecom operator Sri Lanka Telecom lost 75 cents to close at Rs 44.00 while Mobile market leader Dialog Telekom closed unchanged at Rs 7.00.
Brokers said there was renewed buying interest from both institutional & retail investors. However foreigners were net sellers with Rs 85.8 million purchases & Rs 185.3 million sales.
Recommended Stocks to buy.
DFCC
Commercial Bank of Ceylon Plc.
Distiliries Company of Sri Lanka Plc.

CSE Trading summary – 16-12-2009.

Colombo All Share Index closed 45.02 points (+1.46%) higher at 3134.47 while Milanka Price Index closed at 3555.75, up 53.77 points. Turnover was Rs 918.3 million. John Keells Holdings (JKH) alone contributed Rs 296.2 million for total market turnover by trading 2,851,500 shares. JKH closed at Rs 160.00, down 25 cents.
Sri Lanka’s one of oldest diversified Company, Aitken Spence Plc has reached Rs 1000.00 by gaining Rs 75.00. Distilleries Company of Sri Lanka is the single largest share holder of Aitken Spence Plc with 17.22% stake. Distilleries closed at Rs 99.25, up 2.50.
National Development Bank closed at Rs 200.00, up eight rupees while Hatton National Bank closed the day Rs 4.50 higher at Rs 169.75. Another diversified Blue Chip Hayleys Plc was up by Rs 5.25 to close at Rs 170.25.
The Autodrome Plc lost Rs 46.75 to close at Rs 250.00. Renuka CityHotel Plc was down by five rupees to end the day at Rs 190.00. Foreign purchases were at Rs 112.2 million while sales were amounted to Rs 106 million resulting net inflow.

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