STOCK MARKET WEEKLY

SRI LANKA
Week Ending, Friday, July 03, 2020

Index Movement & Market Review

Bi Weekly Index Movement Rs. Mn Turnover & Foreign Participation %
5,400 2,700 2,500 100
5,300 2,600 90
5,200 2,500
5,100 2,000 80
2,400
5,000 70
4,900 2,300
1,500 60
4,800 2,200
4,700 2,100 50
4,600 2,000 1,000 40
4,500 30
1,900
4,400
4,300 1,800 500 20
4,200 1,700 10
4,100 1,600 0 0
22/Jun/2020

23/Jun/2020

24/Jun/2020

25/Jun/2020

26/Jun/2020

29/Jun/2020

30/Jun/2020

01/Jul/2020

02/Jul/2020

03/Jul/2020

22/Jun/2020

23/Jun/2020

24/Jun/2020

25/Jun/2020

26/Jun/2020

29/Jun/2020

30/Jun/2020

01/Jul/2020

02/Jul/2020

03/Jul/2020
aspi spsl20 turnover foreign_purchases foreign_sales foreign_percentage

Market Review

"The ASPI ended 2.18% lower for the trading week amid healthy market turnover. Activity centered around the banking and capital goods sectors accounted for a majority of the
week's turnover. Foreign participation resulted in a net outflow of Rs.1.1bn."

Sector Summary for the Week Market Statistics

Week Close WoW WoW
Sector YTD Change (%) Index % YTD Change (%)
(Rs.) Change (%) Change
Food, Beverage & Tobacco 733.2 (1.3) (13.7) ASPI 5,050.90 (112.5) (2.18) (17.59)
Capital Goods 660.8 (6.2) (22.9) S&P-SL20 2,190.75 (100.1) (4.37) (25.41)
Banks 533.3 (3.1) (26.2)
Diversified Financials 738.1 (1.2) (15.0) Average Daily Turnover - Week (Rs. Mn) 1,527.66
Consumer Services 208.4 (1.0) (22.2) Average Daily Turnover - Month (Rs. Mn) 1,381.36
Telecommunication Services 835.6 (4.5) (12.3) Average Daily Turnover - YTD (Rs. Mn) 1,262.20
Insurance 1,338.5 5.7 (0.6) Net foreign Inflow / (Outflow) - Week (Rs. Mn) (1,130.67)
Food & Staples Retailing 1,097.0 (3.0) (9.5) Net foreign Inflow / (Outflow) - YTD (Rs. Mn) (20,833.09)
Materials 591.2 (1.0) (9.5) Market PER FY19A (JKSB Universe) 7.52
Real Estate 706.7 (0.4) (15.1) Market PER FY20E (JKSB Universe) 8.70
Health Care Equipment & Services 731.4 (3.8) (15.9) Market PER FY21E (JKSB Universe) 13.39
Market PBV (JKSB Universe) 0.79
Top 5 Gainers of the Week Top 5 Losers of the Week
Company Week Close (Rs.) WoW Change (%) Company Week Close (Rs.) WoW Change (%)
BLUE DIAMONDS PLC [X] 0.30 50.00 CEYLINCO INSURANCE PLC [X] 740.40 (16.00)
SMB LEASING PLC 0.40 33.33 AMBEON CAPITAL PLC 3.40 (15.00)
LAKE HOUSE PRINTERS PLC 140.50 22.07 RAIGAM WAYAMBA PLC 2.70 (10.00)
HIKKADUWA BEACH PLC 5.30 20.45 JOHN KEELLS HOLDINGS PLC 115.60 (9.83)
COMMERCIAL CREDIT PLC 24.50 20.10 LAUGFS POWER PLC [X] 2.80 (9.68)

Sector Wise Turnover for the Week Largest Transactions for the Week
WoW Volume (Mn
Sector Turnover (Rs. Mn) % of Turnover Company Price (Rs.)
Change (%) Shares)

Banks 3,688.82 48.29 JOHN KEELLS HOLDINGS PLC 115.60 (9.83) 13.62
Capital Goods 2,432.38 31.84 COMMERCIAL BANK OF CEYLON PLC 76.50 (0.26) 18.26
Materials 578.05 7.57 HATTON NATIONAL BANK PLC 110.70 (3.32) 10.23
Diversified Financials 374.46 4.90 NATIONS TRUST BANK PLC 61.00 (3.17) 7.03
Food, Beverage & Tobacco 135.76 1.78 SAMPATH BANK PLC 122.10 (2.94) 3.27
Source : Colombo Stock Exchange Data Feed, JKSB Estimates

# John Keells Group - Confidential

 JOHN KEELLS STOCK BROKERS (PVT) LIMITED Fax : +94 11 234 2068
Company No. PV 89 E-Mail : jkstock@keells.com
Website : www.jksb.com
JKSB Mobile : www.jksbmobile.keells.lk

Market Relative Change Against (x)**

Closing PER WoW YTD ROE % Dividend
Stock Cap (USD PER 20E(x) PBV (x) ASPI Sector Index
Price (Rs.) 21E (x) Change % Change % WoW YTD WoW YTD FY19A Yield % *
Mn)
BANKS & FINANCE
COMB 76.50 423 4.55 7.01 0.58 (0.26) (19.47) 1.92 (1.88) 0.74 (10.02) 15.60 8.50
DFCC 63.50 104 8.78 13.50 0.39 (6.20) (30.90) (4.03) (13.31) (5.20) (21.45) 6.37 4.78
HNB 110.70 305 3.86 5.94 0.38 (3.32) (35.71) (1.14) (18.12) (2.31) (26.26) 13.85 7.41
NDB 74.20 93 3.51 5.40 0.39 (4.26) (25.80) (2.08) (8.21) (3.25) (16.35) 14.53 9.75
NTB 61.00 93 4.66 7.52 0.54 (3.17) (23.75) (1.00) (6.16) (2.17) (14.30) 15.26 3.44
SAMP 122.10 250 3.99 6.54 0.41 (2.94) (24.82) (0.76) (7.22) (1.94) (15.36) 15.86 9.80
SEYB 45.30 126 6.27 9.23 0.49 (7.36) (13.71) (5.18) 3.88 (6.36) (4.26) 8.71 3.91
CFIN 77.80 92 3.84 5.90 0.39 (4.07) (25.19) (1.89) (7.60) (3.06) (15.74) 13.25 4.63
PLC 12.70 111 6.07 8.42 0.63 (3.05) (29.05) (0.88) (11.46) (2.05) (19.60) 15.60 9.55

Sector 4.43 7.08 0.47 15.59

INSURANCE
CINS 2,098.00 298 6.49 8.11 1.04 16.55 5.59 18.73 23.18 17.55 15.04 20.97 1.67
HASU 117.30 32 5.81 7.26 0.84 2.00 (15.00) 4.18 2.59 3.00 (5.55) 56.71 5.97

Sector 7.29 9.11 1.07 33.13

BEVERAGE, FOOD & TOBACCO
CTC 950.20 957 10.31 12.89 20.76 (1.02) (13.64) 1.16 3.95 5.22 9.21 342.50 9.55
CCS 690.10 353 30.72 61.07 4.15 (2.32) (13.19) (0.14) 4.40 3.92 9.66 9.01 2.17
NEST 1,082.00 312 22.65 28.32 12.54 (1.40) (16.76) 0.77 0.84 4.84 6.10 66.73 4.62

Sector 11.99 15.66 2.78 25.02

CHEMICALS & PHARMACEUTICALS

HAYC 210.10 34 4.01 4.74 0.67 1.55 10.58 3.72 28.17 2.53 32.79 12.19 3.81
CIC 56.10 29 6.46 5.00 0.56 (2.26) (6.50) (0.09) 11.09 (1.28) 15.71 5.44 1.78

Sector 4.85 4.86 0.61 9.01

CONSTRUCTION & ENGINEERING
DOCK 45.40 18 N/A N/A 0.38 (1.09) (26.77) 1.09 (9.18) 1.88 (17.24) N/A 3.30
AEL 18.40 99 12.14 18.67 0.82 (0.54) (15.60) 1.64 2.00 2.43 (6.07) 10.97 2.72

Sector N/A 49.17 0.70 8.54

TELECOMMUNICATIONS
DIAL 11.20 490 8.46 12.09 1.20 (6.67) (8.94) (4.49) 8.65 (5.32) 4.76 11.63 3.30
SLTL 28.70 278 8.19 12.41 0.65 (0.35) (10.03) 1.83 7.56 1.00 3.67 6.82 3.10

Sector 8.36 12.21 0.92 9.36

MANUFACTURING
LLUB 66.10 85 7.56 11.99 3.80 (2.65) (11.75) (0.47) 5.84 1.17 4.19 50.26 13.24
ACL 42.50 27 6.17 14.81 0.45 (6.18) (26.09) (4.00) (8.49) (2.36) (10.14) 5.31 3.53
DIPD 108.20 35 8.66 7.65 0.58 11.43 28.81 13.61 46.40 15.26 44.75 8.61 4.16
TILE 67.90 19 6.19 16.37 0.46 3.98 (11.47) 6.16 6.12 7.81 4.47 7.43 4.64
RCL 69.20 41 2.96 5.60 0.31 (3.35) (21.81) (1.17) (4.21) 0.47 (5.87) 12.15 5.78
TKYO 32.20 69 6.14 13.65 0.78 (4.45) (32.92) (2.27) (15.32) (0.63) (16.97) (3.06) 0.93
GLAS 3.50 18 8.55 13.30 0.71 (2.78) (22.22) (0.60) (4.63) 1.05 (6.28) 7.95 5.14
TJL 29.00 109 8.56 12.96 1.30 (8.81) (28.92) (6.63) (11.33) (4.98) (12.98) 14.54 6.72

Sector 6.24 10.49 0.76 10.04

DIVERSIFIED HOLDINGS
SPEN 34.20 75 5.84 N/A 0.27 (7.57) (26.45) (5.39) (8.86) (4.50) (0.27) 8.65 7.31
HAYL 132.00 53 26.58 N/A 0.25 (4.83) (24.53) (2.65) (6.94) (1.76) 1.65 0.66 3.79
HHL 60.60 194 29.23 34.39 1.29 (2.73) (24.25) (0.55) (6.66) 0.34 1.93 12.32 7.85
JKH 115.60 819 16.19 23.41 0.70 (9.83) (31.03) (7.65) (13.43) (6.76) (4.85) 7.55 5.37
EXPO 3.20 34 N/A N/A 0.49 (3.03) (37.25) (0.85) (19.66) 0.04 (11.08) 10.71 4.69
SHL 10.80 69 N/A N/A 1.05 (1.82) (32.08) 0.36 (14.48) 1.25 (5.90) 0.81 4.63

Sector 17.21 42.03 0.65 7.19

PLANTATIONS
KOTA 5.70 2 N/A N/A 0.50 (3.39) (20.83) (1.21) (3.2) (2.18) (5.83) N/A 0.00
WATA 27.60 30 6.75 6.72 1.22 (7.69) 6.15 (5.51) 23.75 (6.48) 21.15 23.57 8.06
KGAL 56.70 8 11.81 13.13 0.40 1.25 (4.71) 3.43 12.89 2.46 10.29 12.29 8.82
KVAL 69.50 13 N/A N/A 0.69 (0.57) (21.91) 1.61 (4.32) 0.64 (6.91) N/A 0.00

Sector N/A N/A 0.84 5.64

HOTELS & TRAVELS
AHUN 18.10 33 N/A N/A 0.30 (4.74) (33.21) (2.56) (15.62) (10.41) (32.59) 3.94 5.52
AHPL 27.60 66 N/A N/A 0.37 (9.51) (31.85) (7.33) (14.26) (15.19) (31.23) 2.51 7.25
TRAN 59.00 63 42.87 N/A 1.78 0.00 (15.35) 2.18 2.24 (5.68) (14.73) 7.47 1.69
CONN 29.40 9 N/A N/A 0.45 1.38 (19.89) 3.56 (2.30) (4.30) (19.27) 8.34 18.31
EDEN 13.00 7 N/A N/A 0.29 4.00 (29.35) 6.18 (11.75) (1.68) (28.73) N/A 0.00
KHL 7.80 61 N/A N/A 0.40 (2.50) (32.76) (0.32) (15.17) (8.18) (32.14) 2.97 1.92

Sector N/A N/A 0.46 1.87

18A: Year ending Dec. '17/ Mar '18, 19E : Year ending Dec. '18/ Mar '19 PERs exclude exceptional items 1 USD = Rs. 186.03
* Dividend Yield is calculated based on dividends announced for FY18A N/A = Not Applicable due to negative EPS Source : Colombo Stock Exchange Data Feed, JKSB Estimates
** Measures the relative change in YTD against WoW

This document is published by John Keells Stock Brokers (Pvt) Ltd for the exclusive use of their clients. All information has been compiled from available documentation and JKSB’s own
research material. Whilst all reasonable care has been taken to ensure the accuracy of the contents of this document, neither JKSB nor its employees can accept responsibility for any
decisions made by investors based on information herein.

# John Keells Group - Confidential