WEEKLY MARKET WATCH

First Capital Research

Week Ending: February 6, 2015

MARKET INDICES

MARKET PERFORMANCE

ASPI

S&P SL20

7,500
7,400
7,300
7,200
7,100
7,000
6,900
6,800
6,700

4,200
4,150
4,100
4,050
4,000
3,950
3,900
3,850
3,800
3,750
3,700
3,650

ASPI

S&P SL20

Today

ASPI

7,162.75

7,180.05

-0.24%

S&P SL20

3,958.93

3,962.24

-0.08%

Turnover (LKR 'Mn)

5,717.46

6,103.99

-6.33%

Volume ('Mn)

150.93

220.15

-31.44%

Market Cap. (LKR 'Bn)

3,034.93

3,042.26

-0.24%

Market Cap. (USD 'Bn)

22.96

23.01

-0.24%

Foreign Purchases (LKR 'Mn)

2,844.01

2,699.55

5.35%

Foreign Sales (LKR 'Mn)

2,230.89

1,799.98

23.94%

613.13

899.57

-31.84%

44%

37%

20.41%
613.13

Foreign Flow

Net Foreign Inflow (LKR 'Mn)

The market started off the week with a negative momentum as large cap
counters showed a drastic decline in prices due to the impact from the budget
proposals presented by the new government. However, during the latter part
of the week, market secured its previous levels with ASPI ending at 7,161 level
improving investor confidence. Foreign participation also improved to 44%
compared to 37% in last week.
Despite some volatilities occurred during past couple of weeks, we expect
market activity to improve in line with the improving investor confidence
towards in the new government policies. With the recent tariff reduction in
fuel and subsequent positive effect on disposable income, we expect buying
interest to surge in manufacturing, Food and Beverage and Banking sector
counters.

Foreign Participation
MTD Net Foreign Flow (LKR 'Mn)

MARKET TURNOVER & VOLUME

SECTOR PERFORMANCE
Volume

WoW (%)

Market Statistics

MARKET OUTLOOK

Turnover ('Mn)

Previous

YTD Net Foreign Flow (LKR 'Mn)

733.26

Daily Average
Turnover (LKR 'Mn)
Volume ('Mn)

1,905.82
50.31

1,220.80
44.03

56.11%
14.26%

MARKET PER(x)

19.56

19.38

0.92%

MARKET PBV(x)

2.15

2.17

-0.53%

Valuation

MARKET DY(%)

2.10
Today

2.20
Previous

-4.55%
WoW (%)

3,435.97

3,280.32

4.74%

194.50

188.20

3.35%

STORES AND SUPPLIES

25,807.12

25,054.12

3.01%

60

SERVICES

26,650.71

26,171.01

1.83%

1,000

40

INVESTMENT TRUSTS

20,786.83

20,561.84

1.09%

500

20

809.90

815.11

-0.64%

CONSTRUCTION AND ENGINEERING

2,500

100

POWER AND ENERGY

2,000

80

1,500

PLANTATIONS

1,947.28

1,965.80

-0.94%

21,737.79

22,037.48

-1.36%

206.36

209.39

-1.45%

99.47

102.21

-2.68%

DIVERSIFIED HOLDINGS
BEVERAGE FOOD AND TOBACCO
TELECOMMUNICATIONS

Turnover

Volume

CLOSED END FUNDS

NET FOREIGN FLOW

ESTIMATED LARGEST FOREIGN FLOW FOR THE WEEK

('Mn)

1,500

968

1,000
500

370
87

42

451
122

0
-86

-500
-1,000

-180

-518

Net FII

-174

COMB
NDB
HNB
HNB.X
SAMP
CCS
AEL
DIAL
PLC
JKH

-600

-408
-42
-20
Foreign-19
flow
-9

of shares
15
61
63
308
638

-400

-200

200

400

Estimated Value (LKR 'Mn)

600

800

Net FII

Estimated Value (LKR 'Mn)

TRADE STATISTICS
Current

TOP 5 GAINERS

86.90

STANDARD CAPITAL
FLC HYDRO POWER
SIGIRIYA VILLAGE
VALLIBEL
SERENDIB ENG.GRP

Previous

Change

76.20

14.04%

High
86.90

Low

Turnover (LKR)

Volume

76.20

61

4,658.90

6.00

5.30

13.21%

6.20

5.00

491,049

2,839,926.60

68.00

62.90

8.11%

68.00

68.00

101

6,868.00

8.20

7.60

7.89%

8.30

7.40

10,093,640

78,638,166.60

19.90

18.60

6.99%

20.00

18.20

14,795

289,540.10

-33.33%

0.30

0.20

1,063,912

216,483.90

-25.00% 14,250.00 14,250.00

14,250.00

TOP 5 LOSERS
PC HOUSE

0.20

0.30

SWADESHI

14,250.00

19,000.00

1.30

1.60

-18.75%

1.60

1.30

1,483,607

2,061,177.70

220.00

264.00

-16.67%

221.00

220.00

1,000

220,010.00

57.50

68.40

-15.94%

64.80

56.70

411

23,722.80

JKH

209.00

213.70

-2.20%

213.70

200.00

13,491,181

2,742,000,974.90

COMMERCIAL BANK

168.10

168.10

0.00%

170.00

158.10

4,126,831

680,680,742.10

PEOPLES LEASING

25.00

24.60

1.63%

25.20

23.70

14,222,883

344,709,164.50

DIALOG

12.00

12.00

0.00%

12.30

11.10

12,257,547

146,894,447.90

TEXTURED JERSEY

23.90

22.90

4.37%

24.00

22.50

6,165,664

143,812,892.10

4.60

4.40

4.55%

4.70

4.40

14,938,092

67,569,428.90

25.00

24.60

1.63%

25.20

23.70

14,222,883

344,709,164.50

209.00

213.70

-2.20%

213.70

200.00

13,491,181

2,742,000,974.90

12.00

12.00

0.00%

12.30

11.10

12,257,547

146,894,447.90

6.40

6.20

3.23%

6.40

6.00

10,735,804

67,568,779.60

BLUE DIAMONDS
MORISONS[NON-VOTING]
HUEJAY
TOP 5 BY TURNOVER

TOP 5 BY VOLUME
SIERRA CABL
PEOPLES LEASING
JKH
DIALOG
PIRAMAL GLASS

RUPEE TREND
LKR
132.50

USD-LKR

LKR
158.00

EURO-LKR

156.00

132.00

154.00
152.00

131.50

150.00
131.00

148.00
146.00

130.50

144.00

130.00

LKR

142.00

GBP-LKR

LKR

204.00

1.140

203.00

1.130

202.00
201.00

1.120

200.00

1.110

199.00

1.100

198.00
197.00

1.090

196.00

1.080

195.00

1.070

YEN-LKR

GLOBAL INDICES
DOW JONES INDUSTRIAL AVERAGE

S&P 500 INDEX

18,000

2,080

17,800

2,060

17,600

2,040

17,400

2,020

17,200

2,000

17,000

1,980

16,800

1,960

16,600

1,940

EURO STOXX 50 PRICE EUR

FTSE 100 INDEX

3,500

6,900

3,400

6,800

3,300

6,700

3,200
3,100

6,600
6,500
6,400

3,000

6,300

2,900

6,200

2,800

6,100

NIKKEI 225
18,000
17,800
17,600
17,400
17,200
17,000
16,800
16,600
16,400
16,200

KARACHI STOCK EXCHANGE KSE100 INDEX

NATIONAL STOCK EXCHANGE CNX NIFTY INDEX

9,200
9,000
8,800
8,600
8,400
8,200
8,000
7,800
7,600

VIETNAM HO CHI MINH STOCK INDEX / VN-INDEX

35,000

590

34,500

580

34,000
33,500
33,000
32,500

570
560
550

32,000

540

31,500

530

First Capital Equities (Pvt) Ltd

No.1, Lake Crescent,
Colombo 2
Sales Desk:
+94 11 2145 000
Fax:
+94 11 2145 050
HEAD OFFICE

BRANCHES

No.1, Lake Crescent,

Matara

Negombo

Colombo 2

No. 24, Mezzanine Floor,

No.72A, 2/1,

Sales Desk:

+94 11 2145 000

E.H. Cooray Building,

Old Chilaw Road,

Fax:

+94 11 2145 050

Anagarika Dharmapala Mw,

Negombo

Matara
Tel:

+94 41 2237 636

SALES

Tel:

+94 31 2233 299

BRANCHES

CEO

Jaliya Wijeratne

+94 71 5329 602

Negombo
Priyanka Anuruddha

+94 76 6910 035

Priyantha Wijesiri

+94 76 6910 036

Colombo
Nishantha Mudalige

+94 76 6910 041

Matara

Anushka Buddhika

+94 77 9553 613

Sumeda Jayawardana

Gamini Hettiarachchi

+94 76 6910 039

Thushara Abeyratne

+94 76 6910 037

Nishani Prasangi

+94 76 6910 033

Ishanka Wickramanayaka

+94 77 7611 200

+94 76 6910 038

RESEARCH
Dimantha Mathew

+94 11 2145 016

Reshan Wediwardana

+94 11 2145 017

Michelle Weerasinghe

+94 11 2145 018

FIRST CAPITAL GROUP

HEAD OFFICE

BRANCHES

No. 2, Deal Place,

Matara

Kurunegala

Kandy

Colombo 3

No. 24, Mezzanine Floor,

No. 6, 1st Floor,

No.213-215,

Tel:

E.H. Cooray Building,

Union Assurance Building,

Peradeniya Road,

Anagarika Dharmapala Mawatha,

Rajapihilla Mawatha,

Kandy

Matara

Kurunegala

+94 11 2576 878

Tel:

+94 41 2222 988

Tel:

+94 37 2222 930

Tel:

+94 81 2236 010

Disclaimer:
This Review is prepared and issued by First Capital Equities (Pvt) Ltd. based on information in the public domain, internally developed and other sources, believed to be correct.
Although all reasonable care has been taken to ensure the contents of the Review are accurate, First Capital Equities (Pvt) Ltd and/or its Directors, employees, are not responsible
for the correctness, usefulness, reliability of same. First Capital Equities (Pvt) Ltd may act as a Broker in the investments which are the subject of this document or related
investments and may have acted on or used the information contained in this document, or the research or analysis on which it is based, before its publication. First Capital
Equities (Pvt) Ltd and/or its principal, their respective Directors, or Employees may also have a position or be otherwise interested in the investments referred to in this
document. This is not an offer to sell or buy the investments referred to in this document. This Review may contain data which are inaccurate and unreliable. You hereby waive
irrevocably any rights or remedies in law or equity you have or may have against First Capital Equities (Pvt) Ltd with respect to the Review and agree to indemnify and hold First
Capital Equities (Pvt) Ltd and/or its principal, their respective directors and employees harmless to the fullest extent allowed by law regarding all matters related to your use of
this Review. No part of this document may be reproduced, distributed or published in whole or in part by any means to any other person for any purpose without prior
permission.