CAL RESEARCH

WEEKLY FOREIGN HOLDING & BLOCK TRADE UPDATE

Nov-13

Summary

A net foreign outflow of LKR 88mn was recorded for the week with net foreign selling mainly coming from JKH (LKR 3.1bn) and JKH-Warrants (LKR 90mn). The net foreign buying list was topped by CT
Holdings (LKR 115mn). Foreign participation accounted for 29% of the week's turnover.
Foreign buying and selliing (11th Nov-15th Nov 2013)

Trailing12 week average daily net foreign inflow/outflow

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

Top 10 stocks with net foreign buying for the week ended 15.11.2013

NET BUYING
C T HOLDINGS
NESTLE
HNB(X)
AITKEN SPENCE
SAMPATH
DISTILLERIES
HNB
CEYLINCO INS.(X)
DFCC BANK
LAUGFS GAS

Closing price
for the
week(LKR)

150
1932
112
110
165
184
144
400
120
30

227

200

135

175
131

138

89
37

(-7)

(-18)
(-63)
(-114)

Top 10 stocks with net foreign selling for the week ended 15.11.2013

Value
(LKR mn)*

Tot. foreign
holding
15.11.13

Tot. foreign
holding
08.11.13

% point
change

NET SELLING

Closing price
for the
week(LKR)

Value
(LKR mn)*

Tot. foreign
holding
15.11.13

Tot. foreign
holding
08.11.13

% point
change

+115
+32
+26
+25
+20
+11
+10
+8.4
+7.7
+6.1

10.0%
95.1%
39.9%
45.1%
15.3%
23.9%
21.5%
35.9%
23.5%
0.4%

9.6%
95.0%
39.6%
45.0%
15.2%
23.9%
21.5%
35.6%
23.5%
0.3%

0.4%
0.0%
0.3%
0.1%
0.1%
0.0%
0.0%
0.3%
0.0%
0.1%

JKH
JKH[W.0023]
JKH[W.0022]
RICHARD PIERIS
TEXTURED JERSEY
TOKYO CEMENT
NATION LANKA
EXPOLANKA
KOTAGALA
PANASIAN POWER

210
62
58
6.5
15
26
7.9
7.4
37
2.5

(3,066)
(90)
(85)
(14)
(6.3)
(6.0)
(2.8)
(2.5)
(1.9)
(1.6)

55.7%
46.2%
46.2%
59.8%
42.4%
25.5%
4.8%
3.8%
2.5%
34.6%

57.2%
49.6%
49.6%
59.9%
42.4%
25.6%
5.0%
3.8%
2.7%
34.7%

(-1.5%)
(-3.3%)
(-3.3%)
(-0.1%)
(-0.1%)
(-0.1%)
(-0.1%)
(-0.0%)
(-0.1%)
(-0.1%)

* Value based on weighted avg closing price & not actual traded prices
** JKH foreign holding last week is adjusted to incorporate the rights issue of 2:13

See page 4 for important disclaimer

Foreign ownership changes by sector for the week ended 15.11.2013

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)
15.11.13

485,000
473,000
18,000
17,000
478,000
11,000
47,000
140,000
2,000
36,000
38,000
107,000
22,000
104,000
24,000
37,000
6,000
5,000
142,000
23,000

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

Tot. Foreign
holding
(LKR mn)
15.11.13

95,900
318,700
800
10,100
175,000
3,000
7,500
12,600
400
3,800
17,300
22,500
5,800
47,600
1,400
13,700
300
500
98,800
10,400

S&P SL20 foreign holding changes for the week ended 15.11.2013

Tot. Foreign
holding
(LKR mn)
08.11.13

Foreign
holding %

95,900
318,600
800
10,100
178,100
3,000
7,500
12,600
400
3,800
17,300
22,500
5,800
47,600
1,400
13,700
300
500
98,800
10,400

19.8%
67.4%
4.4%
59.4%
36.6%
27.3%
16.0%
9.0%
20.0%
10.6%
45.5%
21.0%
26.4%
45.8%
5.8%
37.0%
5.0%
10.0%
69.6%
45.2%

S&P SL 20

Incr/(Decr) in
Closing price
Tot. foreign
foreign
for the
holding
holding value
week(LKR)
15.11.13
(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

210
1,055
375
113
38
675
1,932
9.1
110
144
184
68
120
150
165
68
150
291
266
150

(3,066)
+2.4
+3.9
(0.0)
+32
+2.6
+25
+10
+11
+7.7
+2.7
+20
+115
+0.2
(0.1)

55.7%
96.4%
17.2%
35.4%
44.8%
21.5%
95.1%
92.3%
45.1%
21.5%
23.9%
2.3%
23.5%
7.7%
15.3%
2.8%
10.0%
2.5%
30.6%
39.8%

Tot. foreign
holding
08.11.13

57.2%
96.4%
17.2%
35.4%
44.8%
21.5%
95.0%
92.3%
45.0%
21.5%
23.9%
2.3%
23.5%
7.7%
15.2%
2.8%
9.6%
2.5%
30.6%
39.8%

% point
change

(-1.5%)
0.0%
0.0%
(-0.0%)
0.0%
0.0%
0.1%
0.0%
0.0%
0.0%
0.0%
0.1%
0.4%
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 15.11.13

Closing price as
at 15.10.13
(30 days)

3,174.68

3,290.58

(3.5%)

210.4
1,055.0
375.0
113.0
37.5
675.0
1,931.7
9.1
110.1
144.3
184.0
68.0
119.6
150.0
165.0
68.4
149.9
291.0
265.5
150.2

217.5
1,129.5
391.4
118.8
39.1
685.1
1,969.0
8.9
116.0
150.0
187.5
73.7
123.3
150.0
176.8
71.5
144.9
291.3
271.9
156.1

(3.3%)
(6.6%)
(4.2%)
(4.9%)
(4.1%)
(1.5%)
(1.9%)
2.2%
(5.1%)
(3.8%)
(1.9%)
(7.7%)
(3.0%)
(6.7%)
(4.3%)
3.5%
(0.1%)
(2.4%)
(3.8%)

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

% change

Closing
price as at
16.09.13
(60 days)

% change

Closing
price as at
16.08.13
(90 days)

3,180.24

(0.2%)

3,491.55

(9.1%)

210.9
1,085.0
400.0
113.3
38.5
665.5
2,000.2
8.0
113.3
150.0
180.0
66.1
118.1
162.0
175.0
65.7
139.1
300.0
271.4
142.5

(0.2%)
(2.8%)
(6.3%)
(0.3%)
(2.6%)
1.4%
(3.4%)
13.8%
(2.8%)
(3.8%)
2.2%
2.9%
1.3%
(7.4%)
(5.7%)
4.1%
7.8%
(3.0%)
(2.2%)
5.4%

238.5
1,365.3
393.0
119.5
40.9
690.0
2,441.3
8.6
122.0
155.0
192.7
71.9
129.5
152.0
191.8
69.0
140.1
300.0
308.0
162.2

(11.8%)
(22.7%)
(4.6%)
(5.4%)
(8.3%)
(2.2%)
(20.9%)
5.8%
(9.8%)
(6.9%)
(4.5%)
(5.4%)
(7.6%)
(1.3%)
(14.0%)
(0.9%)
7.0%
(3.0%)
(13.8%)
(7.4%)

% change

Market capitalisation
(LKR mn)

208,291
197,627
73,645
89,773
67,682
68,850
103,781
74,108
44,700
46,068
55,200
30,109
31,706
33,600
27,685
23,002
27,446
21,825
31,860
24,737

Weightage of the market

cap:

16.3%
15.4%
5.7%
7.0%
5.3%
5.4%
8.1%
5.8%
3.5%
3.6%
4.3%
2.3%
2.5%
2.6%
2.2%
1.8%
2.1%
1.7%
2.5%
1.9%

Block trades for the week ended 15.11.2013

CROSSINGS
DIALOG
CEYLON GUARDIAN
ASIRI
JKH
JKH
C T HOLDINGS
C T HOLDINGS
JKH

Transacted
Date

14.11.2013
14.11.2013
13.11.2013
13.11.2013
13.11.2013
13.11.2013
13.11.2013
12.11.2013

Market performance during the period ended 15.11.2013

Transacted
Price

9.0
200.0
15.8
205.5
205.5
150.0
150.0
209.0

No. of Shares

15,000,000
574,169
1,733,639
249,000
521,191
253,086
400,000
112,090

Turnover
(LKR Mn)

135.0
114.8
27.4
51.2
107.1
38.0
60.0
23.4

Market
Cap.
0.18%
0.70%
0.16%
0.02%
0.05%
0.14%
0.22%
0.01%

MARKET PERFORMANCE
Turnover (LKR Mn)

Index
6,000

1,800
1,600

5,950

1,400

5,900

1,200
1,000

5,850

800

5,800

600
400

5,750

200

5,700

Turnover

ASPI

Exchange rates as at 17.11.2013

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

Buying

129.47
207.36
173.12
103.31
122.98
119.98
140.18
1.29
21.521
2.076

Selling

132.73
213.91
179.36
107.01
127.54
124.87
145.72
1.33

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