Daily Trade Journal - 03.01

7/30/2019 Daily Trade Journal - 03.01

http://slidepdf.com/reader/full/daily-trade-journal-0301 1/14

p

p

Today's Turnover (LKR mn)

Annual Average Daily Turnover (LKR mn)

Volume (mn)

Annual Average Daily Volume (mn)

Market Capitalization (LKR bn)

Net Foreign Inflow / (Outflow) [LKR mn]

- Foreign Buying (LKR mn)

- Foreign Selling (LKR mn)

YTD Net Foreign Inflow / (Outflow) [LKR bn]

Thursday, January 03, 2013

892.6

% ChangePoint ChangeToday

31.2

518.6

0.82 %

0.43 %

YTD Performance

S&P SL 20 Index

40.8

2,201.2

-105.4

-0.1

51.7

157.1

ASPI

S&P SL 20 Index

+ 46.66

+ 13.37

5,730.45

3,104.25

ASPI 1.5%

0.6%

Level 23, East Tower, World Trade Centre,

Colombo 01

Tel: +94 11 727 7000,

Fax: +94 11 727 7099

Email: [email protected]

CSE Diary for 03.01.2013

The market extended its stride in the green with positive sentiments stemming

from the revival in retail activity. The ASPI crossed the 5,700 mark today while

its positive sprint led the index to a peak at 5,738.84 points (+55 points),

before settling at 5,730.45 (+46 points), the highest since 12.10.2012. Two

counters gained for every one that dipped denoting major contributions

from Ceylon Tobacco Company (+1.0%), People’s Leasing and Finance

(+6.1%) and NDB Capital Holdings (+5.6%). The S&P SL20 index secured a 13

point gain at 3,104.25 points, the highest since 10.10.2012.

Banking sector player, Hatton National Bank emerged to spearhead the

day’s turnover list during mid-day trading on the back of a single block of

c.117k shares which was handled in the market at LKR147.0. Following the on-

board block were three crossings amounting to c.644k shares which were

transacted at a similar price.

Interest in heavyweight, John Keells Holdings, led the counter to touch a

peak of LKR220.0 at which it encountered two off-board blocks totaling 200k

shares during the final trading hour.

Interest in People’s Leasing and Finance and its subsidiary, People’s Finance,

heaved up as each advanced a solid 7.6% and 5.0% at their intra-day high

levels while the latter touched a new 52-week high at LKR37.1 supported by

strong buying interest.

The retail hunt surfaced as Nation Lanka Finance (-1.8%) secured its stance in

the top turnover slot while some selling pressure was witnessed in Asia AssetFinance (+0.0%) and Central Investment & Finance Company (-2.0%)

following yesterday’s rally. Swarnamahal Financial Services witnessed several

mid – sized parcels accumulating to around 545k shares being taken in the

market as it closed the day with a 12.2% gain at LKR3.7. Further penny stocks

Sierra Cables and Free Lanka Capital Holdings too gathered some retail

participation.

Colombo Dockyard witnessed renewed buying interest today having

recorded a few trades at its peak of LKR230.0 (+4.5%). Interest emerged in

S&P Caliber counters; Asian Hotels and Properties and Aitken Spence Hotel

Holdings with both depicting some focus during early trading denoting gains

of 1.7% and 2.7% at their respective peaks of LKR76.4 and LKR75.0.

Gains in Ceylon Tobacco Company extended on thin volumes, leading the

counter to renew its 52-week high at LKR849.5 (+2.1%) while The Lion Brewery

of Ceylon touched a 52-week peak at LKR296.0 (+3.8%).

Asian Stocks Rise on US Manufacturing, China Services; European Stocks Rise

Amid Swiss Rally on US Budget Deal: Asian stocks rose, pushing a regional

equities index to its highest level in 17 months. The MSCI Asia Pacific

Excluding Japan rose 0.2% to 477.17 as of 11:33 a.m. in Hong Kong. The Stoxx

Europe 600 Index gained 0.4% to 286.32 at 8:08 a.m. in London.

Oil Slips from Highest in Three Months on Signs Gains Excessive: Oil slid for the

first time in three days in New York on speculation that its surge to the highest

level in three months yesterday may have been excessive. West Texas

Intermediate for February delivery dropped as much as 63 cents to USD92.49

a barrel in electronic trading on the New York Mercantile Exchange. Brent for

February settlement fell 41 cents to USD112.06 a barrel on the London-based

ICE Futures Europe exchange.

Retail activity rebounds; ASPI at its highest since 12.10.2012…



Statistical Look Up

Treasury Bill (%) 04.01.2013

9.91

10.99

11.38

14.40

Inflation (%) Dec-12 9.2

7.6

All Share Price Index p

S&P SL20 Index p

Turnover (LKR mn)

Turnover (USD mn)Volume (mn shares)

Traded Entities

Market Capitalization (LKR bn)

Foreign Purchases (LKR mn)

Foreign Sales (LKR mn)

Net Foreign Inflow (LKR mn)

Market PER (X)

Market PBV (X)

Market Dividend Yield

SECTOR INDICES

Banks, Finance & Insurance p

Beverage, Food & Tobacco p

Construction & Engineering p

Diversified p

Healthcare q

Hotels & Travels p

Land & Property p

Manufacturing p

Plantation p

Telecom p -0.43%

2.47%

2.60%

5.10%

% WoW

ChangeLast Week

4.31%

-69.20%

222.38%

-188.50%

167.9

2.0

48.7

119.1

2.52%

2,183.3

45.6

113.94%

113.94%

% WoW

ChangeLast Week

242.4

1.9

3.98%

3.54%

Today

-105.4

2.1

157.1

16.2

5,730.5 0.82%

0.43%

2,201.2

2.3

51.7

-69.08%

-69.08%-31.62%

0.00%

4.131.2

240

3,104.3

1,676.9

13.2

240

518.6

Week ending

5.68%

276.67%

10.09%

2.86%

1.43%

2.86%

218

2,140.0

5,570.9

3,060.4

8.3

3.17%

-4.17%

1,424.1

1,441.3

-17.2

Change %

5,683.8

3,090.9

0.82%

-96.37%

-89.10%

12,395.5

% Change

0.82%2.1

514.64%

16.0

2.4

0.82% 15.5

12,088.8

16,009.5

1,835.1

3,577.9

516.2

1.34%

2,597.9

1,804.2

1.41%

0.70%

1.91%

0.75%

2,694.1

15,570.1

494.3

163.9 164.90.18%164.2

2.3

2,653.7

16,122.0

2,745.5

1,848.8

12,570.0

Pre Day

0.00%

3 months

6 months

12 months

YoY Change

Annual Avg

AWPLR

Excess Liquidity (LKR 'bn) as at 02.01.2013

Today

13.88

Pre Day

588.8 591.3 -0.43% 580.0 1.51%

829.0 827.7 0.16% 797.9 3.90%

2,588.4

3,534.2

0.65%

3,625.9

519.6

0.48%2,641.0

5000

5200

5400

5600

5800

I n d e x

ASPI

2800

2850

2900

2950

3000

3050

3100

3150

I n d e x

S&P SL20

0.0

20.0

40.0

60.0

80.0

0

500

1,000

1,500

2,000

2,500

3,000

V o l u m e ( ' m n )

T u r n o v e r L K R ( ' m n )

Turnover Volume

Softlogic Equity Research Page | 2.



High Index Calibre ≥ USD350 Mn

Price Gainers Price Losers

Top 05 Performers for the Day

HNB

JKH

NATION LANKA

PEOPLES LEASING

DOCKYARD

Most Active

3.13

0.39

849.50

104.00

55.00

150.00

440.00

43.00

439.00

Close

220.00

150.00

840.10

219.00

147.00

119.70

690.00

8.30

132,296,565

14,072,553

11,165,793

94,959,844

22,336,657

1.71

0.43

0.05

0.4% 8,613,164

6,080,752

Volume (mn)

0.3%

Turnover

(LKR)

1.0%

0.6%

0.5%

Turnover

(LKR)

0.1%

Contribution to

Total T/O

7,567,663

4.3%

150.00

116.10

1.0%

0.3%

2.00

2.51

2.40

3.30

10.90

14.00

0.05%219.90

2.00

1.01

225.00

6.06%

1.69

0.00%

0.00%

-1.80%

SWARNAMAHAL FIN 3.70

CIFL

2,403,694

22,336,657

6.26

ENVI. RESOURCES [W0003]

EQUITY ONE PLC

Pre Day

-0.81%148.20 6.0%0.90

Volume (mn)% Change

12.50%

+ 7.90 12.95%

147.00

CompanyContribution to

Total T/O

PDL

32.00

3.70

4.50

68.90

+ 0.40

Today

12.12%

202.00

147.00

43.90

690.00

76.00

47.00

1.80

Today

758.10353.72

5.952.78

2,130.42

76.40

691.00

8.40

16.73

31.50

Company

4,010.90

1,038.88

10,376.22

398.90

27.64

Turnover

USD ('000)

2.2013.64%

Intraday

Low (LKR)

Turnover

LKR ('000)

1,926.83

3,519.72

15.13

81.48

830.00

94,959.84

Intraday

High (LKR)

220.00

3.55

113.00

202.00

118.60

167.00

44.70

8.20

% Change

JOHN KEELLS HOLDINGS 431,697

SAMPATH BANK

ASIAN HOTELS & PROPERTIES 52,775

1.4%

1,725224

20,605

8.5%

7.1%CEYLON TOBACCO

CARSON CUMBERBATCHNESTLE LANKA

SRI LANKA TELECOM

COMMERCIAL BANK [V]

3.9%

3.2%BUKIT DARAH

DIALOG AXIATA

HNB [V]

DFCC BANK

CARGILLS

57.41

1,575.00

105.00

452.02

7.11

LOLC

AITKEN SPENCE 120.00

2.3% 16.06

904.79

150.00

1,579.70

104.00

445.001,585.00

132,296.56

2,045.11

3.7%

2.2%

1.2%

15,038

48,168

899,909

3,767

3.9%

169.80

56.50

3.1%

168.40

56.00

220.00

-1.80%

1.5%

2.1%

Change

- 0.20

- 2.00

- 2.80

- 0.10

% Change

205.00

13.20

220.10

11.10

MULLERS

+ 0.50

NATION LANKA [W 0021]

76.00

115.50

2.23%

5.00

NATION LANKA 10.90

S M B LEASING 1.00

% Change

Volume

745.69

-2.00%

12.12%

18,425

797.54

49.95

8,709 7,310.96

1.5%

Change

12.50

Company% of

Mkt Cap

3.6%

4.90

Today Pre Day

3.00

1.00

11.10

+ 1.50

DISTILLERIES

6,977

10,472

ASIA ASSET 3.00

Company

12,175

63,198

333

COMMERCIAL DEV.

DUNAMIS CAPITAL

Company Today

1.5%

SWARNAMAHAL FIN

ENVI. RESOURCES [W 0006] 4.80 + 0.60 14.29% CAL FINANCE 20.30 - 6.20 -23.40%

-5.26%

-5.62%

-8.33%

-5.88%




Currency Board Announcements

Local - Indicative Rate against LKR Dividends

Dollar No Announcements

Yuan 0

Euro 0

Rupee 0

Yen 0

Ringgit 0

Rouble 0

Riyal 0

Dollar Rights Issues / Scrip Dividend / Sub division / Capitalization

Franc Company

Baht No Announcements

Pound 0

Dollar 0Source: www.cbsl.gov.lk

Global Markets

p

p

q

q

p

p

* Time is as at ET Source: www.bloomberg.com

Commodit Markets

Crude Oil (Brent) q

Crude Oil (WTI) q

ICE Cotton #2 p

CBOT Wheat p

COMEX Gold q

COMEX Silver q

COMEX Copper p

* Time is as at ET Source: www.bloomberg.com

1/0/1900

00-Jan-00

Description

0.00

0.00

0 1/0/1900

0

XR Date

00-Jan-00

00-Jan-00

00-Jan-0000-Jan-00

Renunciation

00-Jan-00

0.00

Time*

00-Jan-00

0.00

0.00 0

0

Payment DateXD Date

00-Jan-00

1/0/1900

USd/bu.

75.76

Price

111.69

92.53

USD/bbl.

DPS (LKR)

AGRICULTURE

Hong Kong Hang Seng Index

Nikkei 225

ASIA

FTSE 100 Index

127.35

0.00

0.37%

6,019.9

Singapore

Switzerland

Thailand

UK

-0.80

86.6

0

2,697.8

138.59

1/0/1900

1/0/1900

4.19

33.96

104.24

0

Change %

206.78

China

EU

00-Jan-00

1/0/1900

1/0/1900

05:19

05:18

-0.12%

05:19

Company

Malaysia

4.22

USA

133.64

20.44

2.35

1.46

41.96

India

Currency

167.71

Indicative Rate

03.01.2013

01:28

-7.5

1/0/1900

Change

-0.52%

72.2

03:01

0.70%

05:20

05:18

05:20

0-Jan

0-Jan

05:13

05:14

Time*

05:20

-0.59

0.25%

Change %

0.00%

-0.01%

-0.71%

-0.63%

0

-0.27%

36.2

Change

0.53%0.40

0

374.75

USD/t oz.

USD/t oz. -0.01

754.75

0.95

31.01

Index

Dow Jones Industrial Average

S&P 500 Index

EUROPE

EURO STOXX 50 Price EUR

10,395.2

Value

13,412.6

1,462.4

USD/bbl.

USd/lb.

USd/lb.

AMERICA

0.00

METALS

ENERGY

Commodity

23,398.6

Units

0

-13.7

Proportion

00-Jan-00

00-Jan-00

0.00

0.00

2.35%

2.54%

308.4

Russia

Saudi Arabia

Japan

1,684.20 -4.60

Australia




Softlogic Equity Research Page | 5

CSE Announcements

Housing Development Finance Corporation Bank [HDFC: LKR52.5]: Mr.

Nimal Mamaduwa has been appointed as the General Manager/CEO of HDFC

with effect from 1st

January 2013.

Infrastructur Developers [IDL: LKR179.0]: Board of IDL has decided topurchase the remaining 10% of Serendib Engineering Agencies (Pvt) Ltd shares

representing 52,936 ordinary shares for a total consideration of LKR15,388,890

from Mr. S C De Silva. An Extraordinary General Meeting would be convened on

the 28th

January 2012 to obtain the sanction of the shareholders for the proposed name change of the

company to Serendib Engineering Group PLC.

DFCC Bank [DFCC: LKR115.5]: Mr. T K Bandaranayake, Director, retired with effect from today on reaching

70 years of age.

Capital Alliance Finance [CALF: LKR20.3]-Rights Issue:

Disclosure on Related party dealings:

Local News

Sri Lanka to add Yuan bonds to forex reserve assets: Sri Lanka will diversify its foreign reserve assets to

reflect government debt and Yuan denominated bonds are a candidate, Central Bank Governor Nivard

Cabraal said. Sri Lanka has borrowings mainly in US dollars, Japanese Yen, Special Drawing Rights and Euro

but China has become a large lender over the past five years. Though loans were initially US dollar

denominated, over last year several large Yuan denominated loans have been approved. "Where we have

loans we will keep in mind when we are investing also," Cabraal told LBO. Sri Lanka's Central Bank had

USD6.5 bn of foreign reserves by the end of 2013. Sri Lanka already has Yen and Euro reserve assets. Though

Yen bond have low yields currency appreciation gives returns, Cabraal said. The Yen has consistently

appreciated against the US dollar since the collapse of the Bretton Woods system in 1973 from about 300 to

the US unit to about 80 now, suffering domestic deflation at times. Japan appreciated its currency, suffering

domestic deflation at times partly due to pressure from US Mercantilists who believed that a trade deficitcould be cured by Yen appreciation. The Yuan is now also being appreciated under US pressure. It has

appreciated from 8.2 to the US dollar in July 2005 to about 6.2 in December 2012.

[Source: www.lbo.lk]

Sri Lanka should cut losses, bank credit to state energy utilities-CB Governor: Sri Lanka should cut losses

and bank credit taken by Ceylon Petroleum Corporation and Ceylon Electricity Board with better pricing in

2012, Central Bank Governor Nivard Cabraal said. Sri Lanka does not have a mechanism to regularly adjust

important energy prices, which are based mostly on imported petroleum and pass through cost to the

economy quickly, due to state intervention in pricing. A surge in unproductive credit to state energy utilities

as a drought hit hydro power generation amid rising petroleum prices, worsened a credit bubble from mid

2011 eventually triggering a balance of payments crisis. In early 2012 energy prices were raised as part of a

package of measures to recover from the balance of payments crisis. "In spite of the significant price revision

however, credit to public corporations continued to increase particularly to the two major corporations the

CEB and the CPC," Governor Nivard Cabraal said. "I believe that is an area the government as well as the

policymakers as far as the CEB and CPC are concerned, will have to look at during the course of 2013."

4,845,754 72,686,310 72,686,310 1:07 15 03.01.2013

Consideration

(LKR)Date Listed

4,845,754

Shares Provisionally Alloted Alloted Amount Estimated

to be raised (LKR)

Amount Raised

(LKR)Proportion

Company Name Relationship Transaction Quantity Price

(LKR)

Date

Uni ted Motors Lanka [UML: LKR100.0] Mr. Chanaka Yatawara CEO/Executive Di rector Purchase 9,888 97.0 02.01.2012




Analysts have identified sudden surges in credit to state enterprises as a key factor that can de-stablize the

economy in the future, as it had done repeatedly in the past.


Sri Lanka aims at inflation of 7.0% in 2013: Sri Lanka's Central Bank aims to inflate the economy by about

7.0% in 2012 based on a monetary targeting framework where money supply and credit growth is taken into

account. Delivering a monetary policy roadmap for 2013 Governor Nivard Cabraal said the Central Bank was

will continue to aim for mid-single digits inflation over the medium term. In 2012 the central bank's record of generating mid-single digits inflation was thrown off track after tens of billions of rupees liquidity was

injected into the banking system triggering a balance of payments crisis ending the year with 9.2% consumer

inflation. Under indicative targets unveiled on January 02, the Central Bank is aiming at inflation of 7.0% in

2013, moving down to 5.0% in 2015 measured by the gross domestic product deflator.


Sri Lanka to have 'Goldilocks' reserves, IMF deal talks ahead: Sri Lanka will not accumulate too much

foreign reserves, but will maintain an amount that is comfortable for the economy and a deal with the

International Monetary Fund is also on the cards, Central Bank Governor Nivard Cabraal said. Sri Lanka

would have collected with about USD6.8 bn of foreign reserves by the end of 2012 which is equal to about

4.4 months of imports, estimates by the Central Bank showed. "During the year our foreign reserveaccumulation was prudent, not too excessive," Cabraal said Wednesday. "We did not want to go into a

situation where we had 7 or 8 months of reserves. At the same time it was not too slow either ." Cabraal said

he was reminded about the story of Goldilocks and the three bears, where she was comfortable in the bed

of baby bear. "Sometimes it is not easy to find the exact level of comfort that is needed ," Cabraal said. "I think

we have got the right balance. Not too much, not too little. We will be looking at it carefully and moving on

we will ensure that Goldilocks is comfortable." By end November 2012 Sri Lanka had USD6.49 bn of reserves

or about 4.1 months of reserves.


Rubber prices edge up in New Year’s first auction: Rubber prices showed slight improvements during the

first auction for the year 2013, boosted by recovering demand in Japan and other regional markets. LatexCrepe 1x traded at an average price of LKR400 per kilogram, against a flat LKR382 per kilogram on December

20, whilst Ribbed Smoked Sheet 1 (RSS 1) traded at a flat LKR395 per kilogram, as compared with LKR375 per

kilogram previously. “The prices are purely being driven by improvements in Japan and regional markets and

we have seen prices rapidly improve over the whole of last week. The last quarter of 2012 was still fairly

challenging but overall, the first quarter of this year looks to be positive so far ,” Director at Forbes and

Walker Commodity Brokers, Damitha Perera said. Rubber exports generated LKR1.1 bn during the month of

October last year, down 38.2% year-on-year. Exports from January to October amounted to LKR13.7 bn in

2012, against LKR20.3 bn during the same period in 2011. In terms of production, Sri Lanka recorded 128.6

mn kilograms of rubber production between January and October last year, whereas in 2011, the country

produced 132.4 mn kilograms during the same period. Improvements in prices at local auctions

corresponded with a price rally in international markets as China, the world’s largest consumer of rubber,likely looking to restock before its week-long New Year in early February. On the production side, main

producing countries like Thailand, Indonesia, Malaysia and Sri Lanka are expected to see supply levels fall as

they enter the annual dry season, resulting in less production.

[Source: www.dailymirror.lk]

Foreign Direct Investment up to USD2 bn in 2012: With the dawn of 2013 the prospects for the New Year

seems bright considering the efforts made by the Economic Development Ministry and the Board of

Investments in the previous year. According to BOI reports Foreign Direct Investment (FDI) have doubled

since 2011 and this broadens the width for ample economic developments in the country. FDI being a key

area that concerns the Sri Lankan Economy is said to have increased to USD2 bn in 2012. This could be

considered a great achievement as the Economic Development Ministry through the Board of Investment

has managed to double the FDI compared to 2011’s USD1 bn. Taking a look at the BOI records of the FDI,

from January to June 2012 the FDI had amounted to USD452 mn which is a 9% growth since 2011. The BOI

report said that to achieve this success, 45% of the contribution was from infrastructure, 28% from

production and 19% from hotels and restaurants. The countries responsible for the doubling of FDI in 2012




were Honkong with a contribution of 24% followed by India with a contribution of 22% and Mauritius

claimed the remaining 9% of the FDI. The BPI has further granted approval for tourism projects with FDI,

estimated at USD1,039 mn during the first nine months of 2012. Moving away from the FDI 2013 holds great

opportunities in the job market as well as investment, the job market will be considerably expanded by

LKR42,943 owing to the 160 projects that were approved in 2012. According to the BOI they have also signed

agreements with 112 entrepreneurs from January to September last year and will evoke the possibility of

27,490 job opportunities in addition to the anticipated investment of LKR331,629 mn. According to aperformance report the anticipated amount of investment for the 160 projects approved from January to

September last year is LKR600.64 bn. The BOI has also entered into agreements in respect of 21 enterprises

with an estimated investment of USD384 mn. Meanwhile the Small and Medium Enterprises, which is

another vital sector in the economy is positive that 2013 will be an eventful year considering the

development schemes evoked by the budget 2012. According to an official from the National Chamber of

Commerce there are a number of business forums coming up this year.

[Source: www.dailynews.lk]

Rupee depreciation swelled public debt by LKR278 bn: Central Bank Governor Nivard Cabraal yesterday

revealed that depreciation of the rupee last year bloated the country’s public debt stock by a staggering

LKR278 bn. He noted that for the full year on a net basis the rupee depreciated by about 10%, but since June2012 the currency had appreciated by 5.3%. The latter helped to reduce the value of public debt by LKR158

bn. Cabraal also said that the depreciation-led spike in debt stock will see debt to GDP ratio moving back to

81% in 2012, marginally higher than 78.5% figure achieved in 2011. This, however, is far below 102% figure

in 2004. Forecast is the ratio to come down to 78% this year and to 71% by 2015. The CB Chief said risk

indicators of public debt however have improved at a time when global risk has been rising.

[Source: www.ft.lk]

Global News

Latvian Austerity Fervor Outstrips IMF After Loan Payback: Latvia has cut spending so much that even the

International Monetary Fund says it’s gone too far. Now the Baltic nation has paid off its 2008 bailout loanbefore any other nation, depriving the lender of any say-so over its policies. A drop in the guaranteed

minimum income, which aids the country’s poorest, took effect Jan. 1, two weeks after Latvia paid off the

IMF’s chunk of a USD9.9 bn rescue loan. The fund, better known for making deficit-cutting a condition of its

lending, says the changes risk denting the social safety net. Latvia’s recovery from a slump that erased

almost a fifth of economic output has split world opinion. Nobel prize-winning Economist Paul Krugman has

criticized its austerity measures even as European leaders call them an example for the continent. While

backing fiscal rigor, IMF opposition to the nature of some of the cuts has often put it at odds with the

government. “Now that the IMF monitoring has gone, the government has got its way ,” Alf Vanags, director

of the Baltic International Center for Economic Policy Studies in Riga, said by phone. “The IMF has upheld this

issue and argued against the policies that basically go against poor people and unemployed people, in a way

quite surprisingly, because that’s not their reputation.” [Source: www.bloomberg.com]

UK House Prices Fall 0.1% as Property Market Ends Fragile Year: UK house prices declined last month and

may fall modestly over 2013 because of a weak economic recovery, Nationwide Building Society said. The

average cost of a home slipped 0.1% to 162,262 pounds (USD264,000) in December, the Swindon, England-

based customer-owned lender said in an e-mailed report today. From a year earlier, values were down 1%.

“The outlook remains uncertain,” said Robert Gardner, Chief Economist at Nationwide. “With the economic

recovery expected to remain fairly weak, the housing market is likely to be characterized by low levels of

activity again in 2013, with prices remaining flat or modestly lower.” Britain’s uneven recovery and tight

credit conditions have restrained property-market activity, while a lack of supply has supported prices.

Housing-market forecasters are mixed on the outlook in 2013, with Hometrack Ltd. predicting a 1% declineand Rightmove Plc and the Royal Institution of Chartered Surveyors both projecting a 2% increase. In the

fourth quarter, home prices rose 0.5% compared with the previous three months and were down 1.1% from

a year earlier, Nationwide said. Eleven out of 13 UK regions tracked by the lender had annual price declines




during 2012, it said. London was the best- performing area with a 0.7% gain, while Northern Ireland posted

the biggest decline with 8.2%.

[Source: www.bloomberg.com]

Spanish Inflation Unchanged as Deficit Fight Deepens Recession: Spanish inflation remained unchanged in

December as the recession in the euro region’s fourth-largest economy deepened. Consumer prices, based

on European Union calculations, rose 3% from a year earlier, the National Statistics Institute in Madrid said

today. That matched the median of 17 estimates in a Bloomberg News survey. Spain’s national inflationmeasure showed a 2.9% rise. The Spanish economy probably contracted for a sixth straight quarter at the

end of last year as Prime Minister Mariano Rajoy implemented austerity measures to reduce the euro- area’s

second largest budget deficit. The government expects to miss its target set by the European Union again

this year. The Brussels-based European Commission suspended its budget-cut prescriptions for Spain in

November after the 17- nation euro area fell into a recession. The European Central Bank lowered its

economic forecasts last month, predicting a contraction of 0.3% this year. Several tax increases since Rajoy

assumed power a year ago have contributed to prices rising even as the second recession since 2008 left

over a quarter of the workforce jobless. Stripping out their impact, inflation was 0.9% in November,

according to the Spanish statistics institute, and 0.3% if fresh food and energy were also excluded. The

equivalent measure for December will be published on Jan. 15.


China Poised for 2013 Rebound as Debt Risks Rise for Xi: Incoming President Xi Jinping may find China’s

investment-driven economic recovery in the Year of the Snake jeopardized by mounting risks in the finance

industry. Gross domestic product is poised to expand 8.1% this year, up from 7.7% in 2012, according to the

median estimate of economists surveyed last month by Bloomberg News. At the same time, an increase in

lending fueled by trust companies and underground banks enhances the risk of loan defaults that would be

severely damaging to the economy, Standard Chartered Plc says. The danger is that an economic rebound

lulls policy makers into complacency, delaying market-driven changes needed to reduce dependence on

investment for growth. Xi needs to rev up consumption and services and ensure credit is diverted from

inefficient state enterprises to growth-generating private companies, said David Loevinger, former senior

coordinator for China affairs at the US Treasury Department. “If China tries to sustain growth by adding debt and investing it inefficiently it will be like cotton candy: a short-term high with no lasting value,” said

Loevinger, now an Asia analyst in Los Angeles at TCW Group Inc., which oversees about USD135 bn. “The US

got into trouble because institutions like Fannie Mae (FNMA) and Freddie Mac were too big to fail and had a

toxic mix of private shareholders and implicit government guarantees. China’s financial system is full of

Freddies and Fannies.” Fannie Mae and Freddie Mac (FMCC) are the US mortgage financiers that have been

under US government conservatorship since 2008, after losses on soured loans pushed them to the brink of

insolvency.





Daily Stock Movements

Ticker Counter Open High Low Close Trades Volume Turnover

AAF -N-0000 ASIA ASSET 3.20 3.20 2.90 3.00 194 2,510,471 7,567,663

AAIC-N-0000 ASIAN ALLIANCE 88.00 93.00 88.00 90.00 22 9,633 882,985

ABAN-N-0000 ABANS 97.50 100.00 97.00 97.00 12 1,393 136,160

ACAP-N-0000 ASIA CAPITAL 31.50 31.50 30.30 30.30 7 440 13,531ACL -N-0000 ACL 67.00 68.00 67.00 67.60 10 4,952 333,262

ACME-N-0000 ACME 15.80 16.00 14.50 15.20 57 162,900 2,400,080

AEL -N-0000 ACCESS ENG SL 19.00 19.20 18.90 19.10 63 101,913 1,940,125

AFSL-N-0000 ABANS FINANCIAL 0.00 0.00 0.00 37.80 0 0 0

AGAL-N-0000 AGALAWATTE 33.10 33.10 33.00 33.00 6 700 23,104

AGST-N-0000 AGSTARFERTILIZER 6.00 6.20 6.00 6.10 10 9,674 58,731

AGST-X-0000 AGSTARFERTILIZER[NON VOTING] 0.00 0.00 0.00 15.00 0 0 0

AHPL-N-0000 AHOT PROPERTIES 76.00 76.40 76.00 76.00 23 52,775 4,010,901

AHUN-N-0000 A.SPEN.HOT.HOLD. 73.80 75.00 73.00 75.00 24 58,112 4,335,351

ALLI-N-0000 ALLIANCE 740.00 740.00 740.00 740.00 1 5 3,700

ALUF-N-0000 ALUFAB 23.50 24.00 22.80 22.90 19 11,518 265,491

AMCL-N-0000 CAPITAL LEASING 0.00 0.00 0.00 22.40 0 0 0

AMF -N-0000 AMF CO LTD 0.00 0.00 0.00 350.00 0 0 0

AMSL-N-0000 ASIRI SURG 9.20 9.20 9.20 9.20 4 3,925 36,110

APLA-N-0000 ACL PLASTICS 99.00 99.00 99.00 99.00 3 401 39,699

ARPI-N-0000 ARPICO 0.00 0.00 0.00 83.50 0 0 0

ASCO-N-0000 ASCOT HOLDINGS 171.00 180.00 171.00 180.00 7 220 38,540

ASHA-N-0000 ASIRI CENTRAL 226.00 226.00 226.00 226.00 1 100 22,600

ASHO-N-0000 LANKA ASHOK 0.00 0.00 0.00 1750.10 0 0 0

ASIR-N-0000 ASIRI 11.10 11.10 11.00 11.10 29 127,100 1,409,710

ASIY-N-0000 ASIA SIYAKA 5.10 5.10 4.90 5.00 25 127,956 639,735

ASPH-N-0000 INDUSTRIAL ASPH. 239.90 239.90 217.00 226.60 8 170 38,547

ATL -N-0000 AMANA TAKAFUL 1.80 1.80 1.70 1.80 71 447,710 782,390

AUTO-N-0000 AUTODROME 0.00 0.00 0.00 810.00 0 0 0

BALA-N-0000 BALANGODA 39.80 39.80 39.80 39.80 1 1 40

BBH -N-0000 BROWNS BEACH 19.00 19.50 18.80 19.00 40 72,537 1,388,733

BERU-N-0000 BERUWALA RESORTS 2.80 2.80 2.70 2.70 33 82,494 224,454

BFL -N-0000 BAIRAHA FARMS 160.00 162.00 155.10 159.90 13 3,730 596,110

BIL -N-0000 BROWNS INVSTMNTS 4.00 4.10 3.90 4.00 133 1,007,936 4,044,157

BINN-N-0000 BERUWELA WALKINN 0.00 0.00 0.00 80.00 0 0 0

BLI -N-0000 BIMPUTH FINANCE 19.40 19.90 19.10 19.70 10 2,900 57,028BLI -R-0000 BIMPUTH FINANCE[RIGHTS] 0.00 0.00 0.00 0.00 0 0 0

BLUE-N-0000 BLUE DIAMONDS 4.40 4.40 4.20 4.30 34 76,253 327,863

BLUE-X-0000 BLUE DIAMONDS[NON VOTING] 1.90 2.00 1.90 1.90 42 179,101 348,052

BOGA-N-0000 BOGALA GRAPHITE 25.40 25.70 22.40 25.00 8 1,139 28,843

BOPL-N-0000 BOGAWANTALAWA 12.90 12.90 12.60 12.60 8 5,105 65,523

BREW-N-0000 CEYLON BEVERAGE 0.00 0.00 0.00 400.00 0 0 0

BRWN-N-0000 BROWNS 129.00 129.90 127.00 129.00 14 3,995 515,318

BUKI-N-0000 BUKIT DARAH 691.00 691.00 690.00 690.00 9 15,038 10,376,223

CABO-N-0000 CARGO BOAT 80.00 80.00 79.50 79.80 2 400 31,900

CALF-N-0000 CAL FINANCE 22.20 23.00 20.00 20.30 376 285,846 5,982,831

CARE-N-0000 PRINTCARE PLC 0.00 0.00 0.00 32.00 0 0 0

CARG-N-0000 CARGILLS 150.00 150.00 150.00 150.00 8 333 49,950

CARS-N-0000 CARSONS 440.00 445.00 439.00 440.00 9 1,725 758,100

CCS -N-0000 COLD STORES 128.00 133.50 128.00 130.00 14 18,584 2,415,255

CDB -N-0000 CDB 42.00 42.00 40.00 40.00 10 1,613 67,046CDB -X-0000 CDB[NON VOTING] 32.00 32.00 32.00 32.00 7 1,200 38,400

CDIC-N-0000 N D B CAPITAL 492.60 550.00 492.60 520.40 44 3,521 1,797,672

CERA-N-0000 LANKA CERAMIC 60.10 70.00 60.10 67.50 12 2,400 161,526

CFI -N-0000 CFI 0.00 0.00 0.00 115.00 0 0 0

CFIN-N-0000 CENTRAL FINANCE 163.00 175.00 163.00 169.30 27 20,357 3,392,381

CFL -N-0000 CHILAW FINANCE 14.40 15.20 14.00 15.20 8 5,104 71,981

CFLB-N-0000 FORT LAND 35.90 36.40 35.00 36.20 40 33,339 1,202,835

CFT -N-0000 CFT 6.60 6.90 6.20 6.20 10 7,110 45,342

CFVF-N-0000 FIRST CAPITAL 12.70 13.00 12.50 12.80 17 28,885 367,290

CHL -N-0000 DURDANS 0.00 0.00 0.00 92.00 0 0 0

CHL -X-0000 DURDANS[NON VOTING] 0.00 0.00 0.00 74.40 0 0 0

CHMX-N-0000 CHEMANEX 79.90 79.90 79.90 79.90 2 1,100 87,890

CHOT-N-0000 HOTELS CORP. 22.60 22.60 21.50 21.60 11 655 14,252

CHOU-N-0000 CITY HOUSING 16.20 16.30 16.20 16.30 7 14,000 227,200

CIC -N-0000 CIC 65.00 65.10 65.00 65.00 14 6,437 418,705CIC -X-0000 CIC[NON VOTING] 59.70 59.70 55.50 55.50 8 6,834 379,318

CIFL-N-0000 CIFL 5.20 5.20 4.80 4.90 392 1,714,636 8,613,164

CIND-N-0000 CENTRAL IND. 69.00 69.50 69.00 69.10 9 4,384 303,026

CINS-N-0000 CEYLINCO INS. 870.00 870.00 870.00 870.00 1 38 33,060

CINS-X-0000 CEYLINCO INS.[NON VOTING] 0.00 0.00 0.00 330.50 0 0 0

CINV-N-0000 CEYLON INV. 94.00 95.00 85.30 90.40 8 3,300 294,640





CIT -N-0000 CIT 0.00 0.00 0.00 119.00 0 0 0

CITH-N-0000 CITRUS HIKKADUWA 23.00 23.50 22.20 22.30 60 58,625 1,339,131

CITK-N-0000 CITRUS KALPITIYA 7.30 7.30 6.90 7.00 102 369,418 2,600,811

CITW-N-0000 CITRUS WASKADUWA 6.70 6.80 6.50 6.70 20 21,068 137,492

CLC -N-0000 COMM LEASE & FIN 3.70 4.10 3.70 3.90 83 138,295 547,465

CLND-N-0000 COLOMBO LAND 36.30 37.70 35.90 37.20 99 113,996 4,187,817

CLPL-N-0000 CEYLON LEATHER 76.00 83.90 76.00 80.00 11 5,176 413,812

CLPL-W-0012 CEYLON LEATHER[WARRANTS] 0.00 0.00 0.00 1.80 0 0 0

CLPL-W-0013 CEYLON LEATHER[WARRANTS] 7.70 8.50 7.00 7.70 17 23,348 173,100

CLPL-W-0014 CEYLON LEATHER[WARRANTS] 7.00 7.60 6.90 7.50 12 6,148 45,928

COCO-N-0000 RENUKA SHAW 38.00 38.00 36.00 36.30 24 25,457 924,231

COCO-X-0000 RENUKA SHAW[NON VOTING] 31.00 31.00 29.30 29.30 4 2,059 60,429

COCR-N-0000 COM.CREDIT 16.70 16.80 16.40 16.50 36 29,600 489,920

COLO-N-0000 COLONIAL MTR 150.00 150.00 146.00 146.90 5 192 28,206

COLO-R-0000 COLONIAL MTR[RIGHTS] 0.00 0.00 0.00 30.00 0 0 0

COMB-N-0000 COMMERCIAL BANK 104.00 105.00 104.00 104.00 42 18,425 1,926,827

COMB-P-0005 COMMERCIAL BANK 0.00 0.00 0.00 9.00 0 0 0

COMB-X-0000 COMMERCIAL BANK[NON VOTING] 91.50 93.50 91.50 92.50 27 7,703 707,615

COMD-N-0000 COMMERCIAL DEV. 67.00 69.00 67.00 68.90 2 427 29,409

CONN-N-0000 AMAYA LEISURE 84.00 84.00 84.00 84.00 3 532 44,688

CPRT-N-0000 CEYLON PRINTERS 0.00 0.00 0.00 1820.20 0 0 0

CRL -N-0000 SOFTLOGIC FIN 25.80 25.80 25.00 25.30 12 22,050 556,290

CSD -N-0000 SEYLAN DEVTS 9.50 10.20 9.50 9.90 188 654,263 6,428,461

CSEC-N-0000 DUNAMIS CAPITAL 12.90 12.90 12.50 12.50 2 567 7,288

CSF -N-0000 NATION LANKA 11.40 11.50 10.80 10.90 583 2,002,396 22,336,657

CSF -W-0021 NATION LANKA[WARRANTS] 2.40 2.40 2.10 2.20 167 1,635,501 3,677,270

CTBL-N-0000 CEYLON TEA BRKRS 5.90 6.00 5.60 5.90 28 29,804 175,508

CTC -N-0000 CEYLON TOBACCO 830.00 849.50 830.00 840.10 15 8,709 7,310,959

CTCE-N-0000 AVIVA N D B 325.00 339.50 325.00 338.70 14 1,804 611,070

CTEA-N-0000 TEA SERVICES 0.00 0.00 0.00 665.00 0 0 0

CTHR-N-0000 C T HOLDINGS 129.80 129.80 129.80 129.80 1 1 130

CTLD-N-0000 C T LAND 25.00 26.50 24.20 25.90 27 12,206 313,578

CWM -N-0000 C.W.MACKIE 72.60 79.00 72.60 76.00 13 7,986 604,110

DFCC-N-0000 DFCC BANK 113.00 116.10 113.00 115.50 19 6,977 797,545

DIAL-N-0000 DIALOG 8.20 8.40 8.20 8.30 10 48,168 398,900

DIMO-N-0000 DIMO 610.00 610.00 600.00 600.00 23 1,375 828,395

DIPD-N-0000 DIPPED PRODUCTS 0.00 0.00 0.00 103.10 0 0 0

DIST-N-0000 DISTILLERIES 169.00 169.80 167.00 168.40 14 12,175 2,045,115DOCK-N-0000 DOCKYARD 224.80 230.00 220.10 225.00 14 48,573 11,165,793

DPL -N-0000 DANKOTUWA PORCEL 17.50 18.30 17.00 17.90 261 274,617 4,879,790

EAST-N-0000 EAST WEST 16.50 17.00 16.00 16.30 45 59,002 982,804

EBCR-N-0000 E B CREASY 1099.00 1100.00 1020.00 1085.10 4 27 29,299

ECL -N-0000 E - CHANNELLING 6.20 6.30 6.10 6.20 59 262,038 1,626,609

EDEN-N-0000 EDEN HOTEL LANKA 35.10 36.00 35.00 36.00 8 6,011 210,615

ELPL-N-0000 ELPITIYA 18.90 19.10 18.90 19.00 7 2,505 47,575

EMER-N-0000 EASTERN MERCHANT 11.00 11.50 11.00 11.50 28 19,751 225,337

EQIT-N-0000 EQUITY 32.00 32.00 32.00 32.00 1 500 16,000

ESL -N-0000 ENTRUST SEC 21.00 21.50 19.20 20.70 12 5,060 106,975

ETWO-N-0000 EQUITY TWO PLC 26.50 27.90 26.50 26.90 2 500 13,474

EXPO-N-0000 EXPOLANKA 7.20 7.30 7.10 7.20 33 80,202 575,321

FLCH-N-0000 FREE LANKA 2.60 2.70 2.50 2.60 122 938,162 2,435,562

GEST-N-0000 GESTETNER 0.00 0.00 0.00 200.10 0 0 0

GHLL-N-0000 GALADARI 14.50 14.60 14.00 14.10 29 25,171 357,432GLAS-N-0000 PIRAMAL GLASS 6.10 6.20 6.00 6.10 47 971,362 5,926,033

GOOD-N-0000 GOOD HOPE 0.00 0.00 0.00 1299.00 0 0 0

GRAN-N-0000 GRAIN ELEVATORS 59.80 60.90 59.20 60.00 42 22,372 1,341,281

GREG-N-0000 ENVI. RESOURCES 15.20 16.40 15.10 16.10 214 404,910 6,425,544

GREG-P-0002 ENVI. RESOURCES 0.00 0.00 0.00 0.00 0 0 0

GREG-W-0002 ENVI. RESOURCES[WARRANTS] 0.00 0.00 0.00 2.90 0 0 0

GREG-W-0003 ENVI. RESOURCES[WARRANTS] 4.00 4.80 3.90 4.50 93 399,101 1,724,911

GREG-W-0006 ENVI. RESOURCES[WARRANTS] 4.30 5.10 4.20 4.80 137 354,894 1,634,397

GSF -N-0000 G S FINANCE 600.00 600.00 600.00 600.00 2 6 3,600

GUAR-N-0000 CEYLON GUARDIAN 184.00 184.50 183.90 183.90 7 925 170,398

HAPU-N-0000 HAPUGASTENNE 38.60 38.60 38.60 38.60 1 193 7,450

HARI-N-0000 HARISCHANDRA 0.00 0.00 0.00 2600.00 0 0 0

HASU-N-0000 HNB ASSURANCE 49.10 50.50 49.00 49.40 8 2,600 128,320

HAYC-N-0000 HAYCARB 0.00 0.00 0.00 179.50 0 0 0

HAYL-N-0000 HAYLEYS 300.00 315.00 300.00 315.00 16 1,050 320,197HDEV-N-0000 HOTEL DEVELOPERS 0.00 0.00 0.00 94.80 0 0 0

HDFC-N-0000 HDFC 52.00 52.50 52.00 52.50 15 5,499 286,948

HEXP-N-0000 HAYLEYS FIBRE 28.00 28.00 28.00 28.00 2 617 17,276

HHL -N-0000 HEMAS HOLDINGS 27.80 28.00 27.80 28.00 17 8,775 245,649

HNB -N-0000 HNB 149.00 150.00 147.00 147.00 42 899,909 132,296,565

HNB -X-0000 HNB[NON VOTING] 112.90 113.00 112.00 113.00 22 45,797 5,172,811





HOPL-N-0000 HORANA 27.10 27.10 26.90 26.90 5 345 9,295

HPFL-N-0000 HYDRO POWER 7.20 7.20 7.20 7.20 10 10,601 76,327

HPWR-N-0000 HEMAS POWER 23.00 24.30 23.00 24.10 29 13,098 311,916

HSIG-N-0000 HOTEL SIGIRIYA 84.80 84.80 84.80 84.80 1 10 848

HUEJ-N-0000 HUEJAY 83.50 83.50 83.50 83.50 1 34 2,839

HUNA-N-0000 HUNAS FALLS 62.40 62.50 60.00 60.20 12 2,450 150,100

HUNT-N-0000 HUNTERS 320.00 330.00 310.00 310.00 13 2,545 818,848

HVA -N-0000 HVA FOODS 14.60 14.70 14.10 14.30 191 310,890 4,470,426

IDL -N-0000 INFRASTRUCTURE 179.00 179.00 179.00 179.00 1 10 1,790

INDO-N-0000 INDO MALAY 0.00 0.00 0.00 1550.00 0 0 0

JFIN-N-0000 FINLAYS COLOMBO 0.00 0.00 0.00 275.00 0 0 0

JINS-N-0000 JANASHAKTHI INS. 10.80 10.90 10.70 10.80 21 23,285 252,573

JKH -N-0000 JKH 219.00 220.00 219.00 220.00 88 431,697 94,959,844

JKL -N-0000 JOHN KEELLS 64.90 65.00 64.90 65.00 5 663 43,079

KAHA-N-0000 KAHAWATTE 0.00 0.00 0.00 33.10 0 0 0

KAPI-N-0000 MTD WALKERS 26.00 28.90 26.00 27.90 22 11,830 319,660

KCAB-N-0000 KELANI CABLES 71.10 71.10 70.00 70.80 5 6,175 437,350

KDL -N-0000 KELSEY 16.30 16.40 16.10 16.40 5 3,315 54,261

KFP -N-0000 KEELLS FOOD 66.20 78.00 66.20 78.00 2 200 14,420

KGAL-N-0000 KEGALLE 104.00 104.00 104.00 104.00 1 301 31,304

KHC -N-0000 KANDY HOTELS 9.80 9.90 9.80 9.90 22 47,761 470,408

KHC -P-0002 KANDY HOTELS 0.00 0.00 0.00 0.00 0 0 0

KHL -N-0000 KEELLS HOTELS 13.80 13.90 13.70 13.80 9 2,868 39,575

KOTA-N-0000 KOTAGALA 75.10 75.10 75.00 75.10 2 400 30,030

KURU-N-0000 KURUWITA TEXTILE 21.40 21.50 21.40 21.50 4 100 2,149

KVAL-N-0000 KELANI VALLEY 84.00 84.00 84.00 84.00 2 200 16,800

KZOO-N-0000 KALAMAZOO 2250.00 2398.90 2250.00 2370.20 14 15 34,741

LALU-N-0000 LANKA ALUMINIUM 35.00 37.00 34.00 37.00 15 4,894 179,884

LAMB-N-0000 KOTMALE HOLDINGS 38.70 38.70 38.70 38.70 2 600 23,220

LCEM-N-0000 LANKA CEMENT 9.80 10.00 9.80 10.00 27 40,100 400,501

LCEY-N-0000 LANKEM CEYLON 174.00 174.90 170.00 172.90 9 785 135,830

LDEV-N-0000 LANKEM DEV. 7.70 7.90 7.70 7.80 27 39,093 303,206

LFIN-N-0000 LB FINANCE 152.00 152.00 145.00 145.10 7 3,009 436,697

LGL -N-0000 LAUGFS GAS 27.50 27.50 26.20 26.50 15 10,261 274,276

LGL -X-0000 LAUGFS GAS[NON VOTING] 19.30 19.50 18.50 19.10 69 66,969 1,280,774

LHCL-N-0000 LANKA HOSPITALS 41.00 42.50 40.10 40.80 48 32,698 1,355,901

LHL -N-0000 LIGHTHOUSE HOTEL 0.00 0.00 0.00 53.50 0 0 0

LIOC-N-0000 LANKA IOC 19.90 19.90 19.60 19.60 19 15,714 308,712LION-N-0000 LION BREWERY 285.00 296.00 285.00 285.30 21 2,700 782,105

LITE-N-0000 LAXAPANA 6.90 7.10 6.90 7.00 46 109,113 766,078

LLUB-N-0000 CHEVRON 203.00 204.00 203.00 204.00 6 1,220 248,510

LMF -N-0000 LMF 100.00 100.00 98.10 98.40 4 402 39,878

LOFC-N-0000 LANKAORIXFINANCE 4.00 4.20 3.80 4.00 159 694,214 2,832,690

LOLC-N-0000 LOLC 55.00 56.50 55.00 56.00 77 63,198 3,519,722

LPRT-N-0000 LAKE HOUSE PRIN. 100.00 105.00 100.00 100.50 2 155 15,575

LVEN-N-0000 LANKA VENTURES 33.00 33.00 33.00 33.00 1 29 957

LWL -N-0000 LANKA WALLTILE 59.80 62.00 59.80 61.10 18 6,944 423,327

MADU-N-0000 MADULSIMA 16.70 16.80 16.00 16.50 16 9,610 157,167

MAL -N-0000 MALWATTE 4.90 5.00 4.90 4.90 48 88,993 436,076

MAL -X-0000 MALWATTE[NON VOTING] 4.60 4.60 4.40 4.50 4 850 3,798

MARA-N-0000 MARAWILA RESORTS 7.40 7.80 7.30 7.60 53 241,032 1,811,751

MASK-N-0000 MASKELIYA 13.20 13.20 13.00 13.00 12 10,681 138,873

MBSL-N-0000 MERCHANT BANK 20.50 20.80 20.10 20.20 38 42,354 863,427MEL -N-0000 MACKWOODS ENERGY 13.30 13.30 12.40 13.30 6 2,376 30,363

MERC-N-0000 MERCANTILE INV 0.00 0.00 0.00 2200.00 0 0 0

MFL -N-0000 MULTI FINANCE 30.00 31.00 30.00 30.20 20 24,760 746,725

MGT -N-0000 HAYLEYS - MGT 11.80 12.10 11.80 12.00 34 37,343 447,821

MIRA-N-0000 MIRAMAR 85.50 94.00 85.50 94.00 3 3 265

MORI-N-0000 MORISONS 0.00 0.00 0.00 180.00 0 0 0

MORI-X-0000 MORISONS[NON VOTING] 105.00 116.10 105.00 116.10 2 60 6,411

MPRH-N-0000 MET. RES. HOL. 21.00 22.00 21.00 21.70 69 39,119 851,398

MRH -N-0000 MAHAWELI REACH 21.90 21.90 21.90 21.90 2 110 2,409

MSL -N-0000 MERC. SHIPPING 0.00 0.00 0.00 169.80 0 0 0

MULL-N-0000 MULLERS 1.90 1.90 1.80 1.80 33 246,695 444,563

NAMU-N-0000 NAMUNUKULA 81.80 81.80 80.00 80.30 3 617 49,571

NAVF-U-0000 NAMAL ACUITY VF 0.00 0.00 0.00 66.00 0 0 0

NDB -N-0000 NAT. DEV. BANK 140.00 141.00 139.00 139.10 48 32,479 4,557,663

NEH -N-0000 NUWARA ELIYA 0.00 0.00 0.00 1493.60 0 0 0NEST-N-0000 NESTLE 1575.00 1585.00 1575.00 1579.70 16 224 353,720

NHL -N-0000 NAWALOKA 3.10 3.20 3.00 3.10 14 210,930 653,354

NIFL-N-0000 NANDA FINANCE 7.30 7.50 7.10 7.20 6 20,002 145,885

NTB -N-0000 NATIONS TRUST 57.10 59.00 57.00 58.50 39 80,205 4,641,737

ODEL-N-0000 ODEL PLC 20.90 21.40 20.50 20.50 5 600 12,560

OFEQ-N-0000 OFFICE EQUIPMENT 0.00 0.00 0.00 3000.00 0 0 0





OGL -N-0000 ORIENT GARMENTS 14.10 14.20 13.70 14.00 13 19,288 271,025

ONAL-N-0000 ON'ALLY 57.90 57.90 54.50 57.70 2 210 12,125

ORIN-N-0000 ORIENT FINANCE 0.00 0.00 0.00 17.00 0 0 0

OSEA-N-0000 OVERSEAS REALTY 14.40 14.50 14.20 14.20 19 13,145 187,437

PABC-N-0000 PAN ASIA 19.30 20.00 19.00 19.00 20 15,229 292,421

PALM-N-0000 PALM GARDEN HOTL 149.90 158.60 149.90 150.10 9 135 20,249

PAP -N-0000 PANASIAN POWER 2.70 2.70 2.50 2.60 95 457,741 1,192,278

PARA-N-0000 PARAGON 0.00 0.00 0.00 1199.90 0 0 0

PARQ-N-0000 SWISSTEK 14.30 15.40 14.30 14.80 84 102,862 1,541,699

PCH -N-0000 PC HOUSE 5.60 5.90 5.50 5.70 207 814,753 4,654,711

PCHH-N-0000 PCH HOLDINGS 7.60 8.00 7.60 7.90 14 37,841 293,730

PCP -N-0000 PC PHARMA 9.60 10.00 9.60 9.60 8 10,937 105,904

PDL -N-0000 PDL 47.00 47.00 46.00 47.00 3 435 20,345

PEG -N-0000 PEGASUS HOTELS 41.10 42.80 41.00 42.80 31 7,589 319,112

PHAR-N-0000 COL PHARMACY 510.30 525.00 505.00 517.40 36 1,684 860,216

PLC -N-0000 PEOPLES LEASING 13.30 14.20 13.20 14.00 243 1,014,037 14,072,553

PMB -N-0000 PEOPLE'S MERCH 15.90 15.90 14.70 15.10 3 300 4,540

RAL -N-0000 RENUKA AGRI 4.80 5.00 4.80 4.90 79 372,400 1,856,067

RCL -N-0000 ROYAL CERAMIC 98.90 99.00 96.00 96.10 15 21,110 2,028,924

REEF-N-0000 CITRUS LEISURE 27.70 28.30 27.50 27.60 50 46,402 1,286,745

REEF-W-0017 CITRUS LEISURE[WARRANTS] 0.00 0.00 0.00 32.90 0 0 0

REEF-W-0018 CITRUS LEISURE[WARRANTS] 0.00 0.00 0.00 0.10 0 0 0

REEF-W-0019 CITRUS LEISURE[WARRANTS] 4.60 4.60 4.30 4.40 84 211,471 945,774

REG -N-0000 REGNIS 62.00 62.00 60.00 60.80 15 904 55,347

RENU-N-0000 RENUKA CITY HOT. 0.00 0.00 0.00 240.00 0 0 0

REXP-N-0000 RICH PIERIS EXP 0.00 0.00 0.00 36.20 0 0 0

RFL -N-0000 RAMBODA FALLS 17.90 17.90 17.00 17.30 4 600 10,370

RGEM-N-0000 RADIANT GEMS 61.40 61.50 58.20 60.00 4 220 13,197

RHL -N-0000 RENUKA HOLDINGS 37.80 38.40 37.80 38.00 15 10,307 390,628

RHL -X-0000 RENUKA HOLDINGS[NON VOTING] 0.00 0.00 0.00 25.50 0 0 0

RHTL-N-0000 FORTRESS RESORTS 17.00 17.00 16.50 16.50 6 2,377 39,666

RICH-N-0000 RICHARD PIERIS 8.00 8.00 7.80 7.90 32 59,400 469,416

RPBH-N-0000 ROYAL PALMS 45.80 45.90 45.80 45.80 4 402 18,432

RWSL-N-0000 RAIGAM SALTERNS 2.70 2.80 2.60 2.70 51 193,038 521,584

SAMP-N-0000 SAMPATH 204.00 205.00 202.00 202.00 21 10,472 2,130,421

SCAP-N-0000 SOFTLOGIC CAP 7.40 7.40 7.20 7.20 3 1,009 7,265

SDB -N-0000 SANASA DEV. BANK 76.50 79.90 76.50 77.10 54 8,770 687,132

SELI-N-0000 SELINSING 1120.00 1120.00 1120.00 1120.00 1 1 1,120SEMB-N-0000 S M B LEASING 1.00 1.10 1.00 1.00 49 2,403,604 2,403,694

SEMB-W-0015 S M B LEASING[WARRANTS] 0.00 0.00 0.00 0.70 0 0 0

SEMB-W-0016 S M B LEASING[WARRANTS] 0.00 0.00 0.00 0.10 0 0 0

SEMB-X-0000 S M B LEASING[NON VOTING] 0.50 0.50 0.40 0.50 8 15,504 7,722

SERV-N-0000 HOTEL SERVICES 17.40 17.40 17.00 17.00 12 13,886 236,171

SEYB-N-0000 SEYLAN BANK 57.40 59.40 57.40 59.20 12 5,700 336,864

SEYB-X-0000 SEYLAN BANK[NON VOTING] 35.40 35.90 35.10 35.10 31 33,341 1,179,844

SFCL-N-0000 SENKADAGALA 0.00 0.00 0.00 50.00 0 0 0

SFIN-N-0000 SINGER FINANCE 14.40 14.80 14.20 14.20 45 68,299 993,956

SFL -N-0000 SINHAPUTHRA FIN 80.10 85.00 80.10 85.00 3 102 8,660

SFS -N-0000 SWARNAMAHAL FIN 3.50 3.80 3.40 3.70 455 1,685,585 6,080,752

SHAL-N-0000 SHALIMAR 900.00 900.00 900.00 900.00 6 52 46,800

SHAW-N-0000 SHAW WALLACE 0.00 0.00 0.00 279.90 0 0 0

SHL -N-0000 SOFTLOGIC 11.40 11.80 11.40 11.50 100 387,396 4,458,879

SHOT-N-0000 SERENDIB HOTELS 24.00 24.50 24.00 24.50 3 5,098 122,402SHOT-X-0000 SERENDIB HOTELS[NON VOTING] 18.20 18.20 18.20 18.20 1 1 18

SIGV-N-0000 SIGIRIYA VILLAGE 70.00 70.00 70.00 70.00 1 2 140

SIL -N-0000 SAMSON INTERNAT. 0.00 0.00 0.00 92.00 0 0 0

SING-N-0000 SINGALANKA 97.90 99.00 97.90 98.90 13 1,258 124,195

SINI-N-0000 SINGER IND. 143.00 144.00 141.00 142.70 7 375 53,526

SINS-N-0000 SINGER SRI LANKA 102.00 105.00 102.00 102.60 6 2,000 205,020

SIRA-N-0000 SIERRA CABL 2.60 2.70 2.60 2.70 105 963,100 2,572,905

SLND-N-0000 SERENDIB LAND 0.00 0.00 0.00 1650.00 0 0 0

SLTL-N-0000 SLT 44.60 44.70 43.00 43.90 7 20,605 904,791

SMLL-N-0000 PEOPLE'S FIN 35.80 37.10 35.80 36.80 37 106,370 3,837,716

SMLL-W-0020 PEOPLE'S FIN[WARRANTS] 0.00 0.00 0.00 3.70 0 0 0

SMOT-N-0000 SATHOSA MOTORS 220.00 235.00 215.00 225.00 20 1,789 412,021

SOY -N-0000 CONVENIENCE FOOD 0.00 0.00 0.00 140.00 0 0 0

SPEN-N-0000 AITKEN SPENCE 120.00 120.00 118.60 119.70 11 3,767 452,019

STAF-N-0000 DOLPHIN HOTELS 37.00 37.00 37.00 37.00 1 100 3,700SUGA-N-0000 PELWATTE 0.00 0.00 0.00 23.50 0 0 0

SUN -N-0000 SUNSHINE HOLDING 29.00 29.00 28.00 28.10 7 6,968 199,624

SWAD-N-0000 SWADESHI 0.00 0.00 0.00 8200.00 0 0 0

TAFL-N-0000 THREE ACRE FARMS 55.00 57.00 55.00 55.70 53 11,417 631,267

TAJ -N-0000 TAJ LANKA 31.40 31.40 30.00 30.10 15 2,662 80,647

TANG-N-0000 TANGERINE 0.00 0.00 0.00 84.00 0 0 0





TAP -N-0000 TAPROBANE 0.00 0.00 0.00 4.80 0 0 0

TESS-N-0000 TESS AGRO 2.60 2.70 2.50 2.50 64 353,810 892,042

TFC -N-0000 THE FINANCE CO. 20.70 21.00 19.30 20.00 26 8,746 182,360

TFC -X-0000 THE FINANCE CO.[NON VOTING] 7.00 7.00 6.60 6.80 109 195,929 1,337,977

TFIL-N-0000 TRADE FINANCE 12.70 13.00 12.50 12.80 46 122,403 1,550,830

TILE-N-0000 LANKA FLOORTILES 64.90 65.00 64.90 65.00 4 7,085 459,834

TJL -N-0000 TEXTURED JERSEY 9.20 9.40 9.00 9.20 56 143,681 1,314,446

TKYO-N-0000 TOKYO CEMENT 28.50 28.50 28.00 28.00 7 10,300 292,900

TKYO-X-0000 TOKYO CEMENT[NON VOTING] 19.50 19.80 19.50 19.60 21 15,952 313,669

TPL -N-0000 TALAWAKELLE 26.80 26.80 26.60 26.60 6 5,701 151,747

TRAN-N-0000 TRANS ASIA 74.00 74.90 74.00 74.90 6 2,400 178,095

TSML-N-0000 TEA SMALLHOLDER 48.00 48.00 48.00 48.00 2 400 19,200

TWOD-N-0000 TOUCHWOOD 9.50 9.80 9.30 9.60 156 258,752 2,467,354

TYRE-N-0000 KELANI TYRES 37.00 38.00 35.00 36.30 23 10,660 385,089

UAL -N-0000 UNION ASSURANCE 84.50 84.80 83.10 83.10 4 521 43,610

UBC -N-0000 UNION BANK 14.40 14.50 13.90 14.10 29 19,115 272,055

UCAR-N-0000 UNION CHEMICALS 475.00 500.00 475.00 488.20 7 381 186,000

UDPL-N-0000 UDAPUSSELLAWA 0.00 0.00 0.00 29.10 0 0 0

UML -N-0000 UNITED MOTORS 96.00 102.50 96.00 100.00 3 290 28,647

VANI-N-0000 VANIK INCORP LTD 0.00 0.00 0.00 0.80 0 0 0

VANI-X-0000 VANIK INCORP LTD[NON VOTING] 0.00 0.00 0.00 0.80 0 0 0

VFIN-N-0000 VALLIBEL FINANCE 33.00 33.00 32.10 32.60 21 30,900 1,014,950

VLL -N-0000 VIDULLANKA 3.80 3.90 3.70 3.80 24 50,419 191,592

VONE-N-0000 VALLIBEL ONE 19.20 19.50 19.00 19.00 118 299,035 5,771,059

VPEL-N-0000 VALLIBEL 6.40 6.50 6.40 6.40 2 3,000 19,220

WAPO-N-0000 GUARDIAN CAPITAL 54.00 55.00 53.00 53.60 87 27,556 1,509,044

WATA-N-0000 WATAWALA 12.10 12.20 12.00 12.00 12 4,841 58,146

YORK-N-0000 YORK ARCADE 17.80 18.50 17.80 18.40 22 12,418 224,626



Softlogic Equity Research Dimantha Mathew

[email protected]+94 11 7277030

Akeela Imthinam Rasheed

[email protected]

+94 11 7277032

Crishani Perera

[email protected]

+94 11 7277031

Imalka Hettiarachchi

[email protected]

+94 11 7277004

Softlogic Equity Sales

Branches

Horana

Madushanka Rathnayaka

No. 101, 1/1, Aguruwathota Road, Horana

[email protected]

+94 34 7451000, +94 77 3566465

Negambo

Krishan Williams

No. 121, St. Joseph Street Negambo

[email protected]

+94 31 2224714-5, +94 77 3569827

Kurunegala

Bandula Lansakara

No.13, Rajapihilla Mawatha, Kurunegala

[email protected]

+94 37 2232875, +94 77 3615790

MataraLalith Rajapaksha

No.8A, 2nd

Floor, FN Building, Station Road, Matara

[email protected]

+94 41 7451000, +94 77 3031159

Dihan Dedigama

[email protected]

+94 11 7277010, +94 77 7689933

Chandima Kariyawasam

[email protected]

+94 11 7277058, +94 77 7885778

Shafraz Basheer

[email protected]

+94 11 7277054, +94 77 2333233

Sonali Abayasekera

[email protected]

+94 11 7277059, +94 77 7736059

Thanuja De Silva

[email protected]+94 11 7277053, +94 77 3120018

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