The Bourse ended the week on a negative note this week with ASPI decreasing by 260.78 points (or 3.14%) to close at 8,054.77 points, while the S&P SL20 Index also decreased by 85.37 points (or 3.12%) to close at 2,647.67 points.
Turnover & Market Capitalization
Browns Investments was the highest contributor to the week’s turnover value, contributing LKR 1.37Bn or 19.58% of total turnover value. Expolanka followed suit, accounting for 12.40% of turnover (value of LKR 0.87Bn) while Windforce contributed LKR 0.47Bn to account for 6.75% of the week’s turnover. The total turnover value amounted to LKR 6.98Bn (cf. last week’s value of LKR 9.90Bn), while the daily average turnover value amounted to LKR 1.40Bn (-29.45% W-o-W) compared to last week’s average of LKR 1.98Bn. Market capitalization meanwhile, decreased by 3.69% W-o-W (or LKR 136.98Bn) to LKR 3,573.42Bn cf. LKR 3,710.40Bn last week.
Liquidity (Value & Volume)
Food Beverage & Tobacco Industry Group was the highest contributor to the week’s total turnover value, accounting for 28.42% (or LKR 1.98Bn) of market turnover. Industry Group’s turnover was driven primarily by Browns Investments which accounted for 68.88% of the sector’s total turnover. Transportation Group meanwhile accounted for 12.42% of the total turnover value while Capital Goods Group contributed 9.54% to the weekly turnover.
The Food Beverage & Tobacco Industry Group dominated the market in terms of share volume, accounting for 33.36% (or 155.77Mn shares) of total volume, with a value contribution of LKR 1.98Bn. The Diversified Financials Industry Group followed suit, adding 29.89% to the total volume (139.60Mn shares) while the Utilities Group contributed 7.42% (34.66Mn shares) to the weekly share volume.
Dividend Announcements
Company, DPS (Rs.), Final/Interim, XD From; Vidullanka PLC - Voting, 0.10, First Interim Dividend, 8-Jun-2022; Vidullanka PLC – Non-Voting, 0.10, First Interim Dividend, 8-Jun-2022; Lanka Walltiles PLC, 2.90, Third Interim Dividend, 8-Jun-2022; Sri Lanka Telecom PLC, 2.02, First and Final Dividend, 21-Jun-2022; Dialog Axiata PLC, 1.24, First and Final Dividend, 21-Jun-2022; Malwatte Valley Plantations PLC - Voting, 0.12, Final Dividend, 28-Jun-2022; Malwatte Valley Plantations PLC - Non-Voting, 0.12, Final Dividend, 28-Jun-2022; Royal Ceramics Lanka PLC, 0.75, Third Interim Dividend, 9-Jun-2022; United Motors Lanka PLC, 0.50, Final Dividend, 30-Jun-2022; Lanka Ashok Leyland LC, 10.00, First and Final Dividend, 15-Aug-2022; Chemanex PLC, 2.00, Final Dividend, 1-Jul-2022; Asia Siyaka Commodities PLC, 0.13, Second Interim Dividend, 9-Jun-2022; L B Finance PLC, 2.00, Final Dividend, 1-Jul-2022; Diesel & Motor Engineering PLC, 12.50, First and Final Dividend, 9-Jun-2022; Ceylon Investment PLC, 0.75, First Interim Dividend, 13-Jun-2022; Ceylon Guardian Investment Trust PLC, 2.00, First Interim Dividend, 13-Jun-2022; R I L Property PLC, 0.20, First and Final Dividend, 1-Jul-2022; Central Finance Company PLC, 2.00, Final Dividend, 1-Jul-2022.
Company, Scrip Dividend, No. of shares, Price of Issue (LKR); Central Industries PLC - Voting 1:12.98, 1,678,654, 64.90.
Key Economic Indicators May 2022; Prime Lending Rate: 20.49%; Ave. Wtd. Deposit Rates: 6.99%; Ave. Wtd. Fixed Dep. Rates: 8.97%; CCPI Inflation Y-o-Y %: 39.1%
Net Foreign Position
Foreign investors were net buyers this week with a total net inflow amounting to LKR 0.36Bn relative to last week’s total net outflow of LKR 0.10Bn (445.2%W-o-W). Total foreign purchases increased by 234.9% W-o-W to LKR 0.80Bn from last week’s value of LKR 0.24Bn, while total foreign sales amounted to LKR 0.44Bn relative to LKR 0.34Bn recorded last week (28.3% W-o-W).
Add new comment