The Bourse ended the week on a positive note this week with ASPI increasing by 88.58 points (or 1.32%) to close at 6774.22 points, while the S&P SL20 Index also increased by 38.43 points (or 1.48%) to close at 2,638.10 points.
Turnover & Market Capitalization
JKH was the highest contributor to the week’s turnover value, contributing LKR 0.96Bn or 11.8% of the total turnover value.
Browns investments followed suit, accounting for 10.62% of turnover (value of LKR 0.86Bn) while Expo Lanka contributed LKR 0.69Bn to account for 8.51% of the week’s turnover. Total turnover value amounted to LKR 8.13Bn (cf. last week’s value of LKR 13.90Bn), while daily average turnover value amounted to LKR 2.71Bn (-2.53% W-o-W) compared to last week’s average of LKR 2.79Bn. Market capitalization meanwhile, increased by 1.33% W-o-W (or LKR 38.89Bn) to LKR 2,960.65Bn cf. LKR 2,921.75Bn last week.
Liquidity (Value & Volume)
The capital goods Industry Group was the highest contributor to the week’s total turnover value, accounting for 34.24% (or LKR 2.78Bn) of market turnover.
Industry Group’s turnover was driven primarily by JKH, Hemas holdings, ACL, Hayleys and royal ceramic which accounted for 81.83% of the sector’s total turnover.
Materials Industry Group meanwhile accounted for 17.81% of the total turnover value while Food Beverage and Tobacco Industry Group contributed 16.43% to the weekly turnover.
The Food, Beverage & Tobacco Industry Group dominated the market in terms of share volume, accounting for 55.71% (or 219.10Mn shares) of total volume, with a value contribution of LKR 1.34Bn.
The Capital goods Industry Group followed suit, adding 8.33% to total volume (32.77Mn shares) while Transportation contributed 6.20% (24.40Mn shares) to the weekly share volume.
Dividend Announcements
Company DPS(Rs.) Dividend Type Date(XD); CEYLON TOBACCO COMPANY PLC 18.50 Fourth interim 12/01/2021 LAKE HOUSE PRINTERS 2.25 Final dividend 19/01/2021. Key Economic Indicators November Prime Lending Rate - 5.95%, Ave. Wtd. Deposit Rates - 6.01%, Ave. Wtd. Fixed Dep. Rates - 7.37%, CCPI Inflation Y-o-Y % (Base 2013) - 4.1%.
Net Foreign Position
Foreign investors were net sellers this week with total net outflow amounting to LKR 0.30Bn relative to last week’s total net outflow of LKR 0.56Bn (+46.0% W-o-W). Total foreign purchases decreased by 68.6% W-o-W to LKR 0.13Bn from last week’s value of LKR 0.40Bn, while total foreign sales amounted to LKR 0.43Bn relative to LKR 0.94Bn recorded last week (-54.5% W-o-W).
0 comments: