The bourse started the week on a negative note yesterday whilst the news of new COVID cases reached its all-time high of 2,672 yesterday. ASPI declined by 106.2 points (-1.5%) to close at 7,135.8 points, while the S&P SL20 Index also decreased by 37.5 points (-1.3%) to close at 2,838.2 points.
Total turnover stood at LKR 2,474.4 mn (USD12,386.0k) vs. 12-month average daily turnover of LKR 3,024.0 mn (USD15,137.2k) whilst the volume traded for the day was 153,299.7k against the 12- month average daily volume of 167,719.8k.
Net foreign outflow of LKR713.3 mn (USD357.1k) was seen during the day, where foreign purchases stood at LKR 164.0 mn (USD82.1k), while foreign sales amounted to LKR877.3 mn (USD439.2k). Foreign buying was mainly witnessed in Melstacorp (LKR50.0 mn), Sampath Bank (LKR21 mn), Renuka Capital (LKR5.5 mn) whilst foreign selling was observed in HNB (Non-Voting) (LKR756 mn), John Keells Holdings (LKR50.1 mn), Nestle Lanka (LKR4.3 mn).
Top traded counters for the day were HNB (Non-Voting) LKR845.2 mn (USD4,230.8k, 0.0%), Browns Investments LKR344.1 mn (USD1,722.6k, -4.4%), Royal Ceramics LKR209.2 mn (USD1,047.3k, -3.0%), Hayleys LKR181.2 mn (USD907.2k, -3.0%) and Expolanka Holdings LKR74.5 mn (USD373.0, -3.1%).
Mahaweli Coconut Plantations, Piramal Glass, HNB Finance, Laugfs Power and HNB Finance (Non-Voting) recorded 52-week high prices today whilst Ceylon Cold Stores, HNB Assurance, EB Creasy and Amaya Leisure reached their 52-week low price points. Further Browns Investments, SMB Leasing (Voting & Non-Voting) and Royal Ceramics were amongst the most actively traded counters yesterday. Interim Results of Alumex PLC (ALUM) reportedwas released where profits in 4QFY21 grew +100% YoY was mainly steered by higher revenue growth, improved margins and reduced net finance costs. Further ALUM’s FY21 profits too rose +100% YoY to LKR841 mn mainly driven by improved revenue, better margins, increased other income and curtailed net finance costs.
Courtesy: Softlogic Stockbrokers
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