Showing newest 12 of 21 posts from July 2009. Show older posts
Showing newest 12 of 21 posts from July 2009. Show older posts

Friday, July 31, 2009

Sri Lanka shares closed the week positive.

CSE Market Report – Friday 31st July 2009.

Colombo All Share Index was up by 13.85 points to end the week at 252570 while MPI increased by 15.40 points to close at 2838.36. Turnover was 469.3 million rupees.

Eleven million four hundred twenty six thousand & eight hundred shares of Janashakthi Insurance Company Plc shares traded today & contributed Rs 114.2 million towards total equity turnover. Janashakthi Insurance closed at Rs 7.50, up 25 cents.

Sri Lanka’s one of well managed bank Sampath Bank gained 5.25 to close at Rs 123.25. Index heavy weight Dialog Telekom closed the 25 cents higher at Rs 6.00.

Distilleries (DIST) lost 75 cents to close at Rs 87.00 on 2000 shares. Blue chip John Keells Holdings Plc was down by 2.25 to close at Rs 135.75.

During the current week foreign investors bought 764.1 million worth of shares & sold stocks valued Rs 744.4 million.

Activity of coming weeks in Colombo Stock Exchange will purely depend on how the Government will handle the economy with recently received US$ 2.6 billion IMF loan.

Thursday, July 30, 2009

Mixed results at Colombo Stock Market!

Daily Stock Market Summary 30-07-2009.

Investors bought selected stocks at Colombo Stock Exchange. ASI was up by 1.84 points to close at 2511.85 while more liquid MPI lost 20.31 points to close at 2822.96 mainly due to small decline in index heavy weighted Dialog Telekom. Dialog lost 25 cents to close at Rs 5.75.

Turnover for the day was LKR 510.7 million.

Most of Malaysian Oil Palm companies listed on Colombo Stock Exchange reported price gains. Shalimar (Malay) Plc was up by 169.75 to close at Rs 600.00 while The Good Hope Plc gained 21.75 to close at Rs 228.75. Selinsing Plc added 18 rupees to close at Rs 260.00.

There were strong demand for National Development Bank & it was closed five rupees higher at Rs 170.00. Sampath Bank also up by another three to close at Rs 118.00. Over 6.9 million shares of Hayleys MGT Knitting Mills Plc (MGT) shares traded today including “All or None” parcels. MGT closed 50 cents lower at Rs 38.00.

Announcements at CSE.

30-Jul-2009 THE FOLLOWING COMPANIES HAVE RELEASED THEIR QUARTERLY FINANCIAL REPORTS FOR THE PERIOD ENDING 30TH JUNE 2009 TO THE CSE.

Released to the market on 30.07.2009 - LVEN, JKH

Released to the market on 28.07.2009 - CTC, TPL

Released to the market on 27.07.2009 - SEYB

Released to the market on 24.07.2009 - LFIN, CHMX, DPL

Released to the market - AUTO, MRH, LLUB, MGT, PDL, NTB

For the Period Ending 31st December 2008 - CSEC

30-Jul-2009 ANNUAL REPORTS OF LISTED COMPANIES.

The following Companies have released their Annual Reports for the year ended 31st March 2009 /31st December 2008 to the CSE.

Released to the Market on 30.07.2009 - LVEN

Released to the Market previously - AAIC, ASHA, AGAL, AHPL, AHUN, APDL, ATL,BALA, BOC, BREW, BINN, CARG, CARE, CCS, CIC, CHL, CINS, CDIC,CHMX, COMB, COMD, CONN, CIND, CTC, CTCE, CTLD, CWM, DFCC, DIAL, DIMO, DIPD, DPL, DOCK, GOOD, ONAL GRAN,GLAS, HAPU,HAYL, HAYC, HSIG, HHL, HNB, HUNA, HDFC, INDO, JFIN, JKL, JKH, KAHA, KGAL, KHL, KOTA, KFP, KVAL, LCEY, LFIN, LOLC, LHL, LION, LIOC, LLUB, MAL, MADU, MASK, MBSL, MGT, NDB, NEST, NAMU, NTB, OSEA, PABC, PDL, PEG, RICH, REXP, RCL, REG,REEF,RHTL, SAMP, SELI, SHAL, SINI, SIRA, SINS, SEYB, SIGV, SOY, SLTL, SPEN, SHOT, STAF, SUN, TAFL, TILE, TKYO, TWOD, TRAN, TSML, TPL, UCAR, VPEL, UDPL, WATA & WAPO.
Released to the Market on 27.07.2009 - CSEC (For the year ended 31st March 2008)

Wednesday, July 29, 2009

Marginal drop at Colombo Stock Exchange.

ASI lost 10.10 points to close at 2510.01 while MPI also lost 14.05 points to close at 2843.27. Turnover was LKR 361.5 million.

Ceylon Tobacco Company was up by Rs 4.45 to close at Rs 125.00. National Development Bank (NDB) gained two rupees to close at Rs 165.00.

Over 1.1 million shares of Lanka Cement Plc shares traded today within price range of Rs 33.50 – 3.25 & closed the day 1.50 lower at Rs 32.25.

John Keells Holdings lost 2.25 to close at 138.25. DFCC & Commercial Bank of Ceylon Plc shed one rupee each to close at Rs 140.00 & 144.00 respectively. Ten million Dialog Telekom shares traded & closed unchanged at RS 6.00.

There were 83 losers while only 37 gainers. Foreigners purchased Rs 263.8 million worth of shares & sold Rs 214.8 million.

Announcements

29-Jul-2009 RIGHTS ISSUES - LION BREWERY (CEYLON) PLC

Date of Announcement:- 29.July.2009
Company ID:- LION
Proportion:- 03(Three) for 05(Five)
Issue Price:- Rs.40/-
The number of shares to be issued:- 30,000,000
Current Stated Capital:- Rs.1,337,801,310 /-
EGM/ Provisional Allotment:- 28.08.2009
XR :- 31-08-2009
Last Date of Acceptance and Payment:- 22.09.2009
Dispatch of Provisional Letter of Allotment:- 07.09.2009
Renunciation:- 18.09.2009
Rights Trading Commences on:- 11.09.2009
Subject to Shareholder approval at a General Meeting.

Tuesday, July 28, 2009

Colombo shares closed mixed.

CSE Market Report -28-07-2009.

All Share Index closed the day unchanged but due to 50 cents gain in index heavy Dialog Telekom (included in Milanka index), MPI was up by 22.66 points to close at 2857.32.

Turnover was respectable at Rs 611.2 million. John Keells Holdings (JKH) contributed Rs 318.8 million towards total turnover by trading 2,269,500 shares. JKH closed at Rs 140.50, up 50 cents.

Aitken Spence Plc was up by 6.25 to close at Rs 646.25 while The Bukit Darah Plc 16.75 to end at Rs 1237.50 on 200 shares.

Despite ASI closed unchanged most of stocks declined due to profit taking by investors. There were 29 gainers & 93 losers during the trading session.

Ceylon Tobacco lost 3.75 to close at Rs 120.25. Colombo Dockyard shed one rupee to close at Rs 117.00.

Monday, July 27, 2009

Colombo Stocks hits one year high.

27-07-2009 Colombo Stock Market Report.

Investors acted positively on IMF loan approval & stock indices were hit one year high in morning trade. ASI closed 28.39 (+1.14%) higher at 2520.14 while Milanka index closed at 2834.66 up 41.53 points. Turnover was Rs 658.4 million.

Dialog Telekom was the heavily traded stock today with more than 25 million shares traded. Dialog closed 25 cents higher at Rs 5.50. Heavy trading in Piramal Glass Ceylon also reported with 2,356,100 shares changed hands but closed unchanged at Rs 1.80.

The Bukit Darah Plc was the highest gainer in rupee terms, up by Rs 120.75 to close at Rs 1220.75.

Banking stocks were on up side as Commercial Bank of Ceylon Plc gained three rupees to close at Rs 145.75 while Sampath bank was up by four rupees to close at Rs 115.00.

Colombo Dockyard gained another 75 cents and closed at Rs 118.00. Over 2.2 million shares of Lanka Cement Plc traded but closed 3.50 lower at Rs 34.00.

Important announcement at CSE.

27-Jul-2009 MANDATORY OFFER BY PEOPLE'S LEASING COMPANY LIMITED TO ACQUIRE ALL THE REMAINING SHARES OF SEYLAN MERCHANT LEASING PLC - People's Leasing Company Ltd.

The Company has informed the CSE that, “In terms of Rule 24 of the Company Take- overs and Merger Code 1995 as amended in 2003, we make the followings statements on behalf of People's Leasing Company Limited.

The total number of shares (as nearly as practicable), as at the close of the Offer on 24th July 2009.

a) For which acceptance of the Offer has been received - Shares 2,882,526 - 12.69%
b) Held before the Offer Period - Shares 19,194,014 - 84.50%
c) Acquired during the Offer Period - Null"

Friday, July 24, 2009

Colombo Bourse up with high turnover.

Stock Market Report – 24-07-2009.

Turnover at Colombo Stock Exchange reached 1.08 billion rupees due to larger parcels changing hands in Dialog Telekom (17,321,100 shares) & John Keells Holdings (3,499,300 shares). ASI was up by 11.19 points to close at 2491.75 while MPI gained 29.71 points to close at 2793.13.

JKH was up by 4.25 & closed at Rs 139.25. Highly diversified FMCG Company Hemas Holdings Plc gained 2.25 to close at Rs 102.00. Nestle Lanka added another four rupees to close at Rs 349.00 but on only 100 shares.

Distilleries Co of Sri Lanka closed at Rs 87.00 up 1.25.

Commercial Bank & Dialog Telekom closed unchanged at Rs 142.75 & 5.25 respectively. Sri Lanka Telecom shed 25 cents to close at Rs 47.00.

Announcements @ Colombo Stock Exchange.

24-Jul-2009 THE FOLLOWING COMPANIES HAVE RELEASED THEIR QUARTERLY FINANCIAL REPORTS FOR THE PERIOD ENDING 30TH JUNE 2009 TO THE CSE.
Released to the market on 24.07.2009 - LFIN

Released to the market on 23.07.2009 - AUTO

Released to the market on 22.07.2009 - MRH

Released to the market on 20.07.2009 - LLUB, MGT

Released to the market on 15.07.2009 - PDL

Released to the market on 13.07.2009 - NTB

Thursday, July 23, 2009

Marginal drop at Colombo Stock Exchange.

CSE Report 23-07-2009.

Drop in highly capitalized Dialog Telecom mainly affected the CSE indices to record negative growth. Dialog lost 25 cents (4.55%) on 5.5 million shares to close at 5.25.

ASI lost 4.47 points to end the day at 2480.56 while more liquid Milanka price index lost 10.21 points to close at 2763.42. Turnover was LKR 557.8 million boosted by large parcels of Dialog Telekom, Commercial Bank (COMB) & Lanka Cements.

Lanka Cement gained further two rupees to close at Rs 38.75.

COMB was up by 3.50 to end at Rs 142.75 while Hatton National Bank gained 2.00 to close at Rs 125.00.

John Keells Holdings ended the day unchanged at Rs 135.00. Largest listed milk product producer Nestle Lanka lost five rupees to close at Rs 345.00.

There were 49 positive contributors & 66 losers during the trading day. According to the brokers overall investor sentiment remains positive.

Wednesday, July 22, 2009

Colombo Stocks hit one year high but closed marginally higher.

22-07-2009 CSE Trading Report.

Sri Lanka shares hit one year high in early trading but came down & closed 11.71 points higher at 2485.28 while MPI closed 24.55 points higher at 2773.63.

Turnover was Rs 657.5 million.

Aitken Spence Plc was up by 9.75 to close at Rs 639.75. Sri Lanka’s largest finance company Central Finance Plc gained 3.50 to close at Rs 228.50.

Chevron Lubricant Lanka Plc was up by two rupees & 50 cents to close at Rs 125.75. State controlled Housing Development Finance Cooperation (HDFC) closed 3.50 higher at Rs 88.00.

Lanka Cement (LCEM) gained 4.25 on 1.9 million shares & closed at Rs 36.75. LCEM factory was situated in north of Sri Lanka where raw materials for cements are freely available. Lanka Cement factory was closed due to civil war prevailed past three decades. Investors were optimistic on reopen of cement factory as civil war completely ended.

Colombo Dockyard which was on upward path for last few weeks lost 1.25 today & closed at Rs 116.75.
Distilleries Co lost one rupee to end at Rs 87.00.

Tuesday, July 21, 2009

Colombo stock market up on positive news of IMF loan.

Tuesday 21st July 2009.

Colombo All Share index gained more than 2% over fresh news coming in about provisional approval of International Monitory Fund loan which was requested by Sri Lankan Government early this year.

ASI closed 50.65 points higher at 2473.57 while MPI closed at 2749.08 up 48.33 points. Turnover was Rs 1.013 billion. John Keells Holdings Plc (JKH) contributed Rs 222.4 million for the today’s total market turnover by trading 1,643,600 shares. JKH closed 2.25 higher at Rs 135.25.

Sri Lanka’s cellular market leader Dialog Telekom saw large parcels changing hands & closed flat at Rs 5.25. Sri Lanka’s only fixed wire line telecom provider Sri Lanka Telecom closed one rupee higher at Rs 47.50. Commercial Bank of Ceylon Plc gained 3.25 to close at Rs 138.00 while Sampath Bank was up by 6.75 to close at Rs 112.00.

Market will continue current upward trend in remaining trading days of the week as investor are bullish on market.

Monday, July 20, 2009

Colombo stocks up again as JKH gains.

CSE Market Report 20-07-2009.

Three rupee gain in index heavy John Keells Holdings (JKH) helped Colombo indices to close with positive results. ASI was up by 27.90 points to close at 2422.92 while Milanka index closed the day 29.48 points higher at 2700.75. JKH closed at Rs 133.00. Turnover was Rs 312.8 million.

Ceylinco Insurance was up by 9.00 to close at Rs 200.00. Colombo Dockyard continues to gain at higher rate & closed 4.25 higher at Rs 115.25.

Highly diversified Hayleys PLC gained 4.50 to close at Rs 134.50.

Retail investor activity seen on plantation & hotel stocks.

Distilleries lost one rupee to close at Rs 85.00.

Announcements @ CSE

20-Jul-2009 RE- CAPITAL REACH HOLDINGS LIMITED - ASIA CAPITAL PLC

The Company has informed the CSE that "Asia Capital PLC (ACAP) presently owns 15.3 mn shares of Capital Reach Holdings Ltd. (CRHL) representing approximately 56.25% of the issued capital of the Company. ACAP intend to acquire further 5.95mn shares at a maximum price of Rs. 10/- per share from the remaining shareholders of CRHL by offering to purchase 50% of their holdings through a voluntary offer. On acceptance of the proposed offer the total Shareholding of ACAP in CRHL is expected to be approximately 78%".

20-Jul-2009 THE FOLLOWING COMPANIES HAVE RELEASED THEIR QUARTERLY FINANCIAL REPORTS FOR THE PERIOD ENDING 30TH JUNE 2009 TO THE CSE.

Released to the market on 20.07.2009 - LLUB Released to the market on 15.07.2009 - PDL Released to the market on 13.07.2009 - NTB

Friday, July 17, 2009

Colombo Stocks ends the week on positive.

Market Report – 17-07-2009.

Colombo All Share index was up by 24.47 points (+1.03%) to close at 2395.02 while more liquid Milanka gained 37.84 points (+1.44%) to close at 2671.27. Turnover was LKR 468.6 million. John Keells Holdings PLC (JKH) contributed Rs 180.2 million for the total market turnover but closed unchanged at Rs 130.00.

Plantation stocks continued to rise. Bogawanthalawa Tea Estate was up by 4.00 to close at Rs 47.25. Balangoda Plantation gained one rupee to end at Rs 23.25. Udapussellawa plantation closed the day 3.50 higher at Rs 30.50.

Development Finance Corporation (DFCC) gained two rupees to close at Rs 134.00.Distileries Co of Sri Lanka (DIST) up by 2.25 on 400 shares & closed at Rs 86.00.

Colombo Dockyard still on upward path & closed 1.50 higher at Rs 111.00.
All Asian markets closed positive except Jakarta Stock Exchange.

Thursday, July 16, 2009

Colombo Indices slipped but Plantations Stocks closed higher.

Colombo Stock Market Report - 16-07-2009.

ASI lost 2.49 points to close at 2370.55 while MPI lost 14.48 points to close at 2633.43. Turnover was Rs 302.8 million.

Two index heavy Telecom stocks; Dialog Telekom & Sri Lanka Telecom both shed their value by 25 cents & 50 cents each & closed at Rs 5.00 & Rs 45.00 respectively.
Plantation stocks managed to capture investor attention and most of stocks in this sector posted gains. Agalawatte Plantation PLC was up by 1.25 to close at Rs 23.00. Bogawanthalawa Tea Estate closed 7.25 higher at Rs 43.25.

More than 2.4 million shares of Pan Asia Bank (PABC) traded within price range of Rs 15.50 – 16.75 & closed 25 cents higher at Rs 15.75.

Colombo Dockyard Plc continued to trade strong & closed one rupee higher at Rs 109.50.
Foreign investors were net sellers with Rs 20.6 million purchases & Rs 70.1 million sales.

Today, Colombo Stock Exchange announced important notice to investors that investors can visit to Trading Floor to watch live trading. Following is the full announcement.

16-Jul-2009 CSE Re-opens Trading Floor

The Colombo Stock Exchange (CSE) will re-open the Trading Floor at the World Trade Center on Monday, 20th July 2009. The CSE temporarily suspended operations of the Public Gallery/Trading Floor at the World Trade Center in April 2008 due to security concerns.The Trading Floor will house representatives of 13 Stockbroker Firms. Clients registered with any of the stockbroker firms represented at the CSE Trading Floor must obtain an Identification Card from their Stockbroker Firm to be permitted to access the Trading Floor.

The list of Stockbroker Firms at the Trading Floor is as follows:

* Acuity Stockbrokers (Pvt) Ltd
* Amana Securities Ltd
* Asha Phillip Securities Ltd* Asia Securities (Pvt) Ltd
* Bartleet Mallory Stockbrokers (Pvt) Ltd
* Capital Alliance Securities (Pvt)Ltd
* Capital TRUST Securities (Pvt) Ltd
* Ceylinco Stockbrokers (Pvt) Ltd
* DP Global Securities (Pvt) Ltd
* Lanka Securities (Pvt) Ltd* NDB Stockbrokers (Pvt) Ltd
* S C Securities (Pvt) Ltd
* Taprobane Securities (Pvt) Ltd

For the convenience of visiting investors, the CSE will issue special Identification Cards to Certified Investment Advisors at the Trading Floor

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