CAL RESEARCH

WEEKLY FOREIGN HOLDING & BLOCK TRADE UPDATE

Summary

A net foreign inflow of LKR 208mn was recorded for the week with net foreign buying mainly coming from HNB (LKR 314mn) and Distilleries (LKR 33mn). The net foreign selling list was
topped by Aitken Spence (LKR 198mn). Foreign participation accounted for 26% of the week's turnover.
Foreign buying and selling (27th Jan-31st Jan 2014)

Trailing12 week average daily net foreign inflow/outflow

Week ended
LKR mn

250
200
150
100
50
0
-50
-100
-150
-200
-250
Top 10 stocks with net foreign buying for the week ended 31/01/2014

180.36
88.16
41.61

62.77

37.54

46

67
13

(0.69)

(-16)

(-18)

(-218)

Top 10 stocks with net foreign selling for the week ended 31/01/2014

NET BUYING

Closing price
for the
week(LKR)

Value
(LKR mn)*

Tot. foreign
holding
31/01/2014

Tot. foreign
holding
24/01/2014

% point
change

HNB
DISTILLERIES
COMMERCIAL BANK
TOKYO CEMENT
HEMAS HOLDINGS
JKH
LAUGFS GAS
NESTLE
PEOPLES LEASING
CEYLON TOBACCO

160
210
127
35
42
240
34
2182
16
1288

+314
+33
+33
+29
+22
+15
+14
+14
+10
+9.0

25%
24%
36%
26%
7.0%
56%
0.5%
95%
4.0%
96%

24%
24%
36%
25%
6.9%
56%
0.4%
95%
4.0%
96%

0.6%
0.1%
0.0%
0.4%
0.1%
0.0%
0.1%
0.0%
0.0%
0.0%

NET SELLING
AITKEN SPENCE
CHEVRON
KAHAWATTE
NAT. DEV. BANK
DFCC BANK
TRADE FINANCE
LANKA IOC
SOFTLOGIC
HAYCARB
CHILAW FINANCE

Closing
price for
the
week(LKR)

Value
(LKR mn)*

Foreign
holding at
31/01/2014

Tot. foreign
holding
24/01/2014

% point
change

103
285
41
186
150
20
38
11
189
21

(198)
(39)
(20)
(10)
(9.0)
(8.0)
(5.5)
(5.1)
(3.6)
(3.5)

42%
31%
5.5%
39%
24%
1.6%
77%
5.2%
5.7%
0.2%

42%
31%
6.1%
40%
24%
2.3%
77%
5.3%
5.8%
0.7%

(-0.5%)
(-0.1%)
(-0.6%)
(-0.0%)
(-0.0%)
(-0.7%)
(-0.0%)
(-0.1%)
(-0.1%)
(-0.5%)

* Value based on weighted avg closing price & not actual traded prices

See page 4 for important disclaimer

Foreign ownership changes by sector for the week ended 31/01/2014

SECTOR

Sector market
cap (LKR mn)
31/01/2014

Tot. Foreign
holding
(LKR mn)
31/01/2014

S&P SL20 foreign holding changes for the week ended 31/01/2014
Tot. Foreign
holding
(LKR mn)
24/01/2014

Foreign
holding %

S&P SL 20

BANKS FINANCE & INSURANCE

517,000

104,800

104,500

20.3%

JKH

BEVERAGE FOOD & TOBACCO

545,000

377,000

377,000

69.2%

CEYLON TOBACCO

CHEMICALS & PHARMACEUTICALS

17,000

800

800

4.7%

CONSTRUCTION & ENGINEERING

18,000

10,900

10,900

DIVERSIFIED HOLDINGS

515,000

190,100

FOOTWEAR & TEXTILES

11,000

HEALTH CARE

53,000

Closing price
for the week
(LKR)

Incr/(Decr) in
foreign holding
value (LKR mn)

Tot. foreign
holding
31/01/2014

Tot. foreign
holding
24/01/2014

% point
change

240

+15

55.7%

55.7%

1,288

+9

96.5%

96.5%

0.0%

CARSONS CUMBERBATCH

345

(2.5)

17.2%

17.2%

(-0.0%)

60.6%

COMMERCIAL BANK

127

+33

35.7%

35.6%

0.0%

190,300

36.9%

LION BREWERY

380

+0.3

33.5%

33.5%

0.0%

3,200

3,200

29.1%

THE BUKIT DARAH PLC

613

(0.1)

21.4%

21.4%

(-0.0%)

9,000

9,000

17.0%

NESTLE LANKA

2,182

+14.0

95.3%

95.3%

0.0%
0.0%

0.0%

139,000

12,300

12,300

8.8%

DIALOG AXIATA

9.2

+1

92.0%

92.0%

2,000

600

600

30.0%

AITKEN SPENCE

103

(198)

41.7%

42.2%

(-0.5%)

INVESTMENT TRUSTS

34,000

3,200

3,200

9.4%

HATTON NATIONAL BANK

160

+314

24.6%

24.0%

0.6%

LAND & PROPERTY

42,000

19,300

19,300

46.0%

DISTILLERIES

210

+33

24.5%

24.4%

0.1%

MANUFACTURING

113,000

24,000

24,000

21.2%

ASIAN HOTELS & PROP.

65

2.3%

2.3%

DFCC BANK

150

(9.0)

23.6%

23.6%

(-0.0%)

CARGILLS

154

7.8%

7.8%

0.0%

HOTELS & TRAVELS

INFORMATION TECHNOLOGY

MOTORS

22,000

6,400

6,400

29.1%

OIL PALMS

94,000

43,100

43,100

45.9%

PLANTATIONS

25,000

1,500

1,500

6.0%

SAMPATH BANK

POWER & ENERGY

42,000

17,400

17,400

41.4%

LOLC

SERVICES

6,000

300

300

5.0%

STORES & SUPPLIES

5,000

500

500

10.0%

141,000

98,500

98,500

69.9%

23,000

10,500

10,500

45.7%

TELECOMMUNICATIONS
TRADING

* Values based on weighted avg closing price & not actual traded prices

174

+6

15.0%

15.0%

75

(0.0)

34.3%

34.3%

(-0.0%)

C T HOLDINGS

146

(0.0)

10.0%

10.0%

(-0.0%)

HAYLEYS

298

2.5%

2.5%

CHEVRON LUBRICANTS

285

(38.8)

30.5%

30.6%

(-0.1%)

NDB

186

(10)

39.5%

39.5%

(-0.0%)

S&P SL20 share price volatility

S&P SL 20

Closing price Closing price as

as at at 03/01/2014
31/01/2014
(30 days)

Closing price
as at
% change
06/12/2013
(60 days)

% change

Closing price as
at 08/11/2013
(90 days)

% change

Market capitalisation % Weightage of S&P 20

(LKR mn)
market cap:

S&P INDEX

3,295

3,295

3,183

3.5%

3,233

1.9%

JKH**

240.0

228.9

4.8%

210.5

14.0%

219.4

9.4%

237,648

17.3%

1,287.9

1,188.2

8.4%

1,107.4

16.3%

1,061.3

21.4%

241,254

17.6%

(3.4%)

359.8

(4.1%)

385.0

(10.4%)

67,753

4.9%

CEYLON TOBACCO
CARSONS CUMBERBATCH

345.0

COMMERCIAL BANK

127.0

120.1

5.7%

115.0

10.4%

115.4

10.1%

100,916

7.4%

LION BREWERY

380.2

357.0

6.5%

342.1

11.1%

356.5

6.6%

30,416

2.2%

THE BUKIT DARAH PLC

612.6

618.0

(0.9%)

619.8

(1.2%)

690.0

(11.2%)

62,485

4.6%

2,181.6

2,115.1

3.1%

2,249.9

(3.0%)

1,939.2

12.5%

117,207

8.6%

2.2%

9.0

2.2%

74,923

5.5%

NESTLE LANKA

357.0

DIALOG AXIATA

9.2

9.0

2.2%

9.0

AITKEN SPENCE

103.4

105.0

(1.5%)

105.0

(1.5%)

113.6

(9.0%)

41,980

3.1%

HATTON NATIONAL BANK

159.8

7.9%

143.4

11.4%

145.0

10.2%

51,045

3.7%

DISTILLERIES

210.0

199.9

5.1%

189.8

10.6%

181.7

15.6%

63,000

4.6%

65.0

64.5

0.8%

67.9

(4.3%)

68.0

(4.4%)

28,780

2.1%

22.9%

122.0

22.9%

39,738

2.9%

ASIAN HOTELS & PROP.

148.1

DFCC BANK

149.9

135.0

11.0%

122.0

CARGILLS

153.9

151.0

1.9%

146.5

5.1%

152.5

0.9%

34,474

2.5%

SAMPATH BANK

174.0

171.6

1.4%

166.0

4.8%

171.2

1.6%

29,198

2.1%

74.5

72.0

3.5%

69.5

7.2%

63.1

18.1%

35,402

2.6%

C T HOLDINGS

145.6

140.1

3.9%

144.0

1.1%

149.7

(2.7%)

26,659

1.9%

HAYLEYS

297.6

299.6

(0.7%)

318.9

(6.7%)

290.0

2.6%

22,320

1.6%

CHEVRON LUBRICANTS

285.1

270.9

5.2%

265.2

7.5%

265.0

7.6%

34,212

2.5%

NDB

185.5

12.6%

159.5

16.3%

152.0

22.0%

30,551

2.2%

LOLC

** JKH historical prices are adjusted to reflect the rights issue bonus element

164.8

Block trades for the week ended 31/01/2014

CROSSINGS

Transacted
Date

Market performance during the period ended 31/01/2014

Transacted
Price

No. of Shares

Turnover
(LKR Mn)

Market
Cap. %

MARKET PERFORMANCE
Index

CEYLON TOBACCO
CHEVRON
NESTLE
BROWNS
AITKEN SPENCE
CEYLON TOBACCO
CHEVRON
CEYLINCO INS.
NAT. DEV. BANK
HNB [NON VOTING]
COMMERCIAL BANK
A.SPEN.HOT.HOLD.
JKH
HNB
COMMERCIAL BANK
HNB
HNB
CEYLON TOBACCO
EXPOLANKA
JKH
JANASHAKTHI INS.

31.01.2013
31.01.2013
31.01.2013
31.01.2013
30.01.2013
30.01.2013
30.01.2013
30.01.2013
29.01.2013
29.01.2013
29.01.2013
28.01.2013
28.01.2013
28.01.2013
28.01.2013
28.01.2013
28.01.2013
28.01.2013
27.01.2013
27.01.2013
27.01.2013

1300.0
285.0
2182.0
90.0
100.0
1300.0
285.0
1390.0
186.0
126.0
127.6
71.0
235.0
156.9
127.6
157.0
156.5
1300.0
8.8
235.0
13.5

23k
165k
29k
991k
1,650k
20k
100k
18k
274k
833k
371k
305k
100k
2,000k
400k
1,320k
500k
80k
3,397k
700k
1,490k

30
47
63
89
165
26
29
25
51
105
47
22
24
314
51
207
78
104
30
165
20

9.7%
1.3%
4.7%
0.2%
1.6%
9.7%
1.3%
1.1%
1.2%
2.0%
4.0%
0.9%
9.5%
2.0%
4.0%
2.0%
2.0%
9.7%
0.7%
9.5%
0.2%

Turnover (LKR Mn)

6,300
6,250
6,200
6,150
6,100
6,050
6,000
5,950
5,900
5,850
5,800
5,750

2,000
1,800
1,600
1,400

1,200
1,000
800
600

400
200
0

Turnover

ASPI

Exchange rates as at 31/01/2014

FOREX RATES
US DOLLAR
BRITISH POUND
EURO
SINGAPORE DOLLAR
CANADIAN DOLLAR
AUSTRALIAN DOLLAR
SWISS FRANC
YEN
RENMINBI(INDICATIVE)
INDIAN RUPEE (INDICATIVE)

Buying

Selling

129.3
132.2
212.4
218.5
174.2
179.9
100.8
104.1
115.2
119.1
112.9
117.1
142.3
147.5
1.3
1.3
21.56360
2.1

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