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Daily Market Update

7th December 2010 Tel: 011 2 3141722
3141722

A high turnover day despite bearish sentiment

Indices continued with the downward streak although they marked a slight gain during early trading.
However turnover was boosted by a transaction involving The Lanka Hospitals.

• Healthcare and Bank Finance & Insurance

Change
sectors were the highest contributors to the Today Previous day
(%)
market turnover. Healthcare sector index ASPI 6,469.08 6,506.30 (0.57)
MPI 6,937.80 6,976.24 (0.55)
increased by 0.61% while Bank Finance & Turnover (Rs) 3,353,641,472 1,186,652,169 182.61
Insurance sector index decreased by 0.61%. Volume (Shares) 192,489,433 97,113,577 98.21
Foreign Purchases (Rs) 123,014,618 61,648,445 99.54
Foreign Sales (Rs) 403,518,630 114,997,218 250.89
• The Lanka Hospitals made the highest PER 24.4 24.5 (0.41)
PBV 2.9 2.9 -
contribution to the market turnover with a Closed Price Change Change
crossing of 35,000,000 shares at Rs 31. The Positive contributors
(Rs) (Rs) (%)
share price increased by Rs 1.50 (4.82%) and Piramal Glass 7.80 0.40 5.33
The Lanka Hospitals 32.60 1.50 4.82
closed at Rs 32.60. Bogala Graphite Lanka 62.00 7.00 12.50
Negative contributors
John Keells Holdings 293.00 (2.50) (0.85)
• Seylan Bank also contributed significantly to the Aitken Spence & Co. 173.00 (3.10) (1.75)
market turnover with a crossing of 6,150,000 Bukit Darah 8,200.00 (100.10) (1.21)
Top Turnover Contributors Volume Turnover (Rs) %
shares at Rs 100 while the share price increased The Lanka Hospitals 35,023,800 1,085,772,940 32.38
by Rs 2.40 (2.42%) and closed at Rs 101.50. Seylan Bank 6,224,000 622,404,880 18.56
Distilleries 2,307,000 382,985,420 11.42
John Keells Holdings 1,035,900 300,524,640 8.96
• Three crossings were recorded for 2,275,500 Piramal Glass 36,650,300 296,199,420 8.83
shares of Distilleries at Rs 166, 1,000,000 shares Source
ource:
rce: Colombo Stock Exchange
Turnover ASPI MPI
of John Keells Holdings at Rs 290 and 100,000 75,000

shares of Sampath Bank at Rs 255. 7,500

60,000

Turnover Rs Mn.
6,000
Indices

Global Market 45,000

• Asian stock markets ended mostly higher as the 4,500 30,000

Shanghai market recovered from early losses on 3,000 15,000

a rate report. The Nikkei was down 0.3%.
1,500 0
5-Jan-09 10-Jun-09 4-Nov-09 7-Apr-10 7-Sep-10
• European stocks rose expectations that Ireland's
T - B O ND %
austerity budget will pass a parliamentary vote
M atu rity B id (C lo s ing) Ask (C lo sin g)
later in the day. FTSE 100 was up 0.6%.
15-04-2012 7.68 7.75
01-02-2013 8.00 8.10
• U.S. blue-chip stocks edged lower Monday as
01-04-2014 8.90 9.05
investors sobered by Federal Reserve Chairman
15-03-2015 9.24 9.33
Ben Bernanke's tepid economic outlook paused
01-08-2016 9.35 9.45
after last week's climb. Dow fell 0.17%.
Source: MVS Money Brokers

Debt Market World Stock Markets

• Secondary market Treasury bond yields were D a te Ni k k e i 225 (Ja pa n ) D ow Jon es (U S A) FT S E 100 (U K )

unchanged, while the market was inactive. 30-Nov-10 9,937.04 11,006.02 5,528.30
1-Dec-10 9,988.05 11,255.78 5,642.50
2-Dec-10 10,168.52 11,362.41 5,767.60
• Rupee appreciated slightly as the exchange rate 3-Dec-10 10,178.32 11,382.09 5,745.30
was recorded at Rs 111.13 – 111.15 per US $. 6-Dec-10 10,167.23 11,362.19 5,770.30
S o urc e : Wa ll S tre e t J o urna l & Ya ho o F ina nc e

The information contained in this update has been compiled or arrived at based on information obtained
from sources believed to be reliable. However, we do not make any representation as to its accuracy.