The Bourse ended the week on a negative note this week with ASPI decreasing by 451.35 points (or 4.84%) to close at 8,865.30 points, while the S&P SL20 Index also decreased by 159.25 points (or 4.56%) to close at 3,335.51 points.
Turnover & Market Capitalization
Expolanka was the highest contributor to the week’s turnover value, contributing LKR 13.70Bn or 34.64% of total turnover value. Browns Investments followed suit, accounting for 18.86% of turnover (value of LKR 7.46Bn) while L O L C Holdings contributed LKR 1.99Bn to account for 5.04% of the week’s turnover. Total turnover value amounted to LKR 39.55 Bn (cf. last week’s value of LKR 59.75 Bn), while the daily average turnover value amounted to LKR 7.91Bn (-33.82% W-o-W) compared to last week’s average of LKR 11.95Bn. Market capitalization meanwhile, decreased by 4.85% W-o-W (or LKR 201.16 Bn) to LKR 3,950.47 Bn cf. LKR 4,151.63 Bn last week.
Liquidity (Value & Volume)
Transportation Industry Group was the highest contributor to the week’s total turnover value, accounting for 34.67% (or LKR 13.71Bn) of market turnover. Industry Group’s turnover was driven primarily by Expolanka which accounted for 99.92% of the sector’s total turnover. Food Beverage & Tobacco Industry Group meanwhile accounted for 23.34% of the total turnover value while Capital Goods Industry Group contributed 14.10% to the weekly turnover.
The Diversified Financials Industry Group dominated the market in terms of share volume, accounting for 37.49% (or 893.42 Mn shares) of total volume, with a value contribution of LKR 3.22Bn. The Food Beverage & Tobacco Industry Group followed suit, adding 35.23% to total volume (839.45 Mn shares) while Capital Goods Industry Group contributed 4.13% (98.38 Mn shares) to the weekly share volume.
Dividend Announcements
Company, DPS(Rs.), Dividend Type, Date(XD); CARSON CUMBERBATCH PLC, 1.5, First interim, 17/09/2021.
Key Economic Indicators August; Prime Lending Rate-5.85%; Ave. Wtd. Deposit Rates-4.75%; Ave. Wtd. Fixed Dep. Rates-5.62%; CCPI Inflation Y-o-Y %-6%.
Net Foreign Position
Foreign investors were net sellers this week with a total net outflow amounting to LKR 0.66 Bn relative to last week’s total net outflow of LKR 3.38 Bn (80.4% W-o-W). Total foreign purchases increased by 116.6% W-o-W to LKR 1.06Bn from last week’s value of LKR 0.49Bn, while total foreign sales amounted to LKR 1.73Bn relative to LKR 3.87Bn recorded last week (-55.4% W-o-W).
Add new comment