CAL RESEARCH

WEEKLY FOREIGN HOLDING & BLOCK TRADE UPDATE

Sep-13

Summary

A net foreign inflow of LKR 688mn was recorded for the week with net foreign buying mainly coming from Sampath Bank (LKR 216mn) and JKH (LKR 215mn). The net foreign selling list was topped by HNBnon voting (LKR 26mn). Foreign participation accounted for 30% of the week's turnover.
Foreign buying and selliing (23rd Sep-27th Sep 2013)

Trailing12 week average daily net foreign inflow/outflow

Week ended
LKR mn
300
250
200
150
100
50
0
-50
-100
-150
-200
-250

Top 10 stocks with net foreign buying for the week ended 27.09.2013

NET BUYING

Closing price
for the
week(LKR)

SAMPATH
JKH
COMMERCIAL BANK
HNB
DISTILLERIES
CEYLON TOBACCO
TEXTURED JERSEY
PIRAMAL GLASS
CARGILLS
TOUCHWOOD

170
219
117
150
189
1050
14.7
5.3
155
4.8

255
198

175

172

138
91

74

37

25

(-7)
(-63)
(-194)

Top 10 stocks with net foreign selling for the week ended 27.09.2013

Value
(LKR mn)*

Tot. foreign
holding
27.09.13

Tot. foreign
holding
20.09.13

% point
change

+216
+215
+181
+61
+20
+17
+6.9
+4.9
+4.1
+3.9

14.8%
55.9%
35.5%
20.6%
23.5%
96.4%
42.2%
28.2%
7.7%
6.6%

14.1%
55.8%
35.3%
20.4%
23.5%
96.4%
42.1%
28.1%
7.7%
5.8%

0.8%
0.1%
0.2%
0.1%
0.0%
0.0%
0.1%
0.1%
0.0%
0.8%

NET SELLING
HNB(X)
TOKYO CEMENT
RICHARD PIERIS
SOFTLOGIC
CARSONS
RENUKA AGRI
KELANI TYRES
LANKA HOSPITALS
CEYLON INV.
LANKEM CEYLON

Closing price
for the
week(LKR)

Value
(LKR mn)*

Tot. foreign
holding
27.09.13

Tot. foreign
holding
20.09.13

% point
change

112
23.5
6.5
8.7
376
3.9
42.0
40.0
75.1
131

(26)
(12)
(11)
(3.0)
(3.0)
(2.4)
(2.1)
(1.8)
(1.0)
(0.9)

39.7%
28.3%
60.0%
4.8%
17.2%
19.0%
11.6%
29.5%
4.3%
0.6%

40.0%
28.6%
60.1%
4.8%
17.2%
19.1%
11.7%
29.5%
4.3%
0.6%

(-0.3%)
(-0.2%)
(-0.1%)
(-0.0%)
(-0.0%)
(-0.1%)
(-0.1%)
(-0.0%)
(-0.0%)
(-0.0%)

* Value based on weighted avg closing price & not actual traded prices

See page 4 for important disclaimer

Foreign ownership changes by sector for the week ended 27.09.2013

SECTOR

BANKS FINANCE & INSURANCE

BEVERAGE FOOD & TOBACCO
CHEMICALS & PHARMACEUTICALS
CONSTRUCTION & ENGINEERING
DIVERSIFIED HOLDINGS
FOOTWEAR & TEXTILES
HEALTH CARE
HOTELS & TRAVELS
INFORMATION TECHNOLOGY
INVESTMENT TRUSTS
LAND & PROPERTY
MANUFACTURING
MOTORS
OIL PALMS
PLANTATIONS
POWER & ENERGY
SERVICES
STORES & SUPPLIES
TELECOMMUNICATIONS
TRADING

Sector market
cap (LKR mn)
27.09.13

489,000
478,000
19,000
18,000
453,000
10,000
45,000
138,000
2,000
35,000
39,000
105,000
22,000
102,000
23,000
34,000
6,000
6,000
142,000
24,000

* Values based on weighted avg closing price & not actual traded prices

Tot. Foreign
holding
(LKR mn)
27.09.13

96,500
319,100
900
10,200
161,800
2,800
7,100
12,600
200
3,900
16,900
22,300
5,200
46,300
1,300
11,900
300
500
95,400
11,600

S&P SL20 foreign holding changes for the week ended 27.09.2013

Tot. Foreign
holding
(LKR mn)
20.09.13

Foreign
holding %

96,100
319,100
900
10,200
161,600
2,800
7,100
12,600
200
3,900
16,900
22,300
5,200
46,300
1,300
11,900
300
500
95,400
11,600

19.7%
66.8%
4.7%
56.7%
35.7%
28.0%
15.8%
9.1%
10.0%
11.1%
43.3%
21.2%
23.6%
45.4%
5.7%
35.0%
5.0%
8.3%
67.2%
48.3%

S&P SL 20

Incr/(Decr) in
Closing price
Tot. foreign
foreign
for the
holding
holding value
week(LKR)
27.09.13
(LKR mn)

JKH
CEYLON TOBACCO
CARSONS CUMBERBATCH
COMMERCIAL BANK
SRI LANKA TELECOM
THE BUKIT DARAH PLC
NESTLE LANKA
DIALOG AXIATA
AITKEN SPENCE
HATTON NATIONAL BANK
DISTILLERIES
ASIAN HOTELS & PROPERTIES
DFCC BANK
CARGILLS
SAMPATH BANK
AITKEN SPENCE HOTEL HOLDINGS
C T HOLDINGS
HAYLEYS
CHEVRON LUBRICANTS
NDB

219
1,050
376
117
40
671
1,949
8.5
113
150
189
72
123
155
170
65
150
290
265
144

+215
+17
(3.0)
+181
+3.4
+61
+20
+1.3
+4.1
+216
(0.3)
+0.3
(0.3)

55.9%
96.4%
17.2%
35.5%
44.8%
21.5%
95.0%
91.3%
44.9%
20.6%
23.5%
6.2%
23.5%
7.7%
14.8%
2.7%
8.5%
2.5%
30.6%
39.7%

Tot. foreign
holding
20.09.13

55.8%
96.4%
17.2%
35.3%
44.8%
21.5%
95.0%
91.3%
44.9%
20.4%
23.5%
6.2%
23.5%
7.7%
14.1%
2.7%
8.5%
2.5%
30.6%
39.7%

% point
change

0.1%
0.0%
(-0.0%)
0.2%
0.0%
0.1%
0.0%
0.0%
0.0%
0.8%
(-0.0%)
0.0%
(-0.0%)

S&P SL20 share price volatility

S&P SL 20
S&P INDEX
JKH**
CEYLON TOBACCO
CARSONS CUMBERBATCH
COMMERCIAL BANK
SRI LANKA TELECOM
THE BUKIT DARAH PLC
NESTLE LANKA
DIALOG AXIATA
AITKEN SPENCE
HATTON NATIONAL BANK
DISTILLERIES
ASIAN HOTELS & PROPERTIES
DFCC BANK
CARGILLS
SAMPATH BANK
AITKEN SPENCE HOTEL HOLDINGS
C T HOLDINGS
HAYLEYS
CHEVRON LUBRICANTS
NDB

Closing
price as at
29.07.13
(60 days)

Closing price as
at 27.09.13

Closing price as
at 28.08.13
(30 days)

3,210.30

3,209.93

0.0%

3,425.77

(6.3%)

3,431.74

(6.5%)

218.9
1,049.7
376.2
117.3
39.8
671.2
1,949.0
8.5
112.5
150.0
189.0
71.9
122.5
155.0
170.0
65.0
149.8
290.0
265.0
144.0

208.0
1,169.1
355.4
115.3
39.9
672.8
2,049.0
8.1
118.0
147.9
190.8
69.8
121.0
150.0
179.4
65.0
140.0
286.1
288.2
141.4

5.2%
(10.2%)
5.9%
1.7%
(0.3%)
(0.2%)
(4.9%)
4.9%
(4.7%)
1.4%
(0.9%)
3.0%
1.2%
3.3%
(5.2%)
7.0%
1.4%
(8.0%)
1.8%

248.5
1,044.3
419.1
114.0
39.3
686.0
1,912.7
8.6
124.0
156.0
190.5
68.9
128.0
160.0
199.2
70.0
145.0
302.1
315.0
166.1

(11.9%)
0.5%
(10.2%)
2.9%
1.3%
(2.2%)
1.9%
(1.2%)
(9.3%)
(3.8%)
(0.8%)
4.4%
(4.3%)
(3.1%)
(14.7%)
(7.1%)
3.3%
(4.0%)
(15.9%)
(13.3%)

233.6
994.9
435.2
115.3
40.4
695.6
1,939.9
8.6
130.0
161.1
193.0
70.0
137.5
169.9
205.0
74.9
144.0
306.3
295.1
162.5

(6.3%)
5.5%
(13.6%)
1.7%
(1.5%)
(3.5%)
0.5%
(1.2%)
(13.5%)
(6.9%)
(2.1%)
2.7%
(10.9%)
(8.8%)
(17.1%)
(13.2%)
4.0%
(5.3%)
(10.2%)
(11.4%)

** JKH historical prices are adjusted to reflect the rights issue bonus element

% change

% change

Closing price
as at 28.06.13
(90 days)

% change

Market capitalisation
(LKR mn)

187,799
196,634
73,881
93,157
71,833
68,462
104,711
69,222
45,675
47,851
56,700
31,836
32,474
34,720
28,524
21,859
27,428
21,750
31,800
23,716

Weightage of the market

cap:

14.8%
15.5%
5.8%
7.3%
5.7%
5.4%
8.2%
5.5%
3.6%
3.8%
4.5%
2.5%
2.6%
2.7%
2.2%
1.7%
2.2%
1.7%
2.5%
1.9%

Block trades for the week ended 27.09.2013

CROSSINGS
LANKA IOC
COMMERCIAL BANK
HNB
SAMPATH
SAMPATH
JKH
JKH
JKH
SAMPATH
JKH
CHEVRON
COMMERCIAL BANK

Transacted
Date

26.09.2013
26.09.2013
26.09.2013
26.09.2013
26.09.2013
25.09.2013
24.09.2013
24.09.2013
24.09.2013
24.09.2013
23.09.2013
23.09.2013

Market performance during the period ended 27.09.2013

Transacted
Price

25.0
116.0
150.0
170.0
171.0
223.0
220.0
220.5
172.0
221.0
273.0
114.3

No. of Shares

1,000,000
500,000
500,000
300,000
250,000
325,000
365,389
91,000
800,000
240,000
300,000
204,500

Turnover
(LKR Mn)

25.0
58.0
75.0
51.0
42.8
72.5
80.4
20.1
137.6
53.0
81.9
23.4

Market
Cap.
0.19%
0.06%
0.16%

MARKET PERFORMANCE
Turnover (LKR Mn)

Index
5,850

1,400

5,800

1,200

5,750

1,000

5,700

800

5,650

600

5,600

400

5,550

200

5,500

0.18%
0.15%
0.04%
0.04%
0.01%
0.48%
0.03%
0.26%
0.03%

Turnover

ASPI

Exchange rates as at 27.09.2013

FOREX RATES
US DOLLAR
BRITISH POUND
EURO
SINGAPORE DOLLAR
CANADIAN DOLLAR
AUSTRALIAN DOLLAR
SWISS FRANC
YEN
RENMINBI(INDICATIVE)
INDIAN RUPEE (INDICATIVE)

Buying

130.29
208.41
174.61
103.25
125.64
120.89
142.20
1.31
21.559
2.129

Selling

133.64
214.98
180.88
106.94
130.30
125.80
147.81
1.36

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