The Bourse ended the week on a mixed note this week with ASPI increasing by 155.33 points (or 1.29%) to close at 12,226.01 points, while the S&P SL20 Index decreased by 20.58 points (or 0.48%) to close at 4,233.25 points.
Turnover & Market Capitalization
Browns Investments was the highest contributor to the week’s turnover value, contributing LKR 2.79Bn or 8.33% of total turnover value. Expolanka followed suit, accounting for 7.43% of turnover (value of LKR 2.49Bn) while LOLC General Insurance contributed LKR 1.63Bn to account for 4.87% of the week’s turnover. Total turnover value amounted to LKR 33.54 Bn (cf. last week’s value of LKR 22.70 Bn), while the daily average turnover value amounted to LKR 6.71 Bn (47.76% W-o-W) compared to last week’s average of LKR 4.54 Bn. Market capitalization meanwhile, increased by 1.59% W-o-W (or LKR 85.72 Bn) to LKR 5,489.17 Bn cf. LKR 5,403.45 Bn last week.
Liquidity (Value & Volume)
Food Beverage & Tobacco Industry Group was the highest contributor to the week’s total turnover value, accounting for 28.73% (or LKR 9.63Bn) of market turnover. Industry Group’s turnover was driven primarily by Browns Investments, Hapugastenne and Melstacorp which accounted for 53.80% of the sector’s total turnover. Capital Goods Group meanwhile accounted for 13.14% of the total turnover value while Diversified Financials Industry Group contributed 13.02% to the weekly turnover.
The Diversified Financials Industry Group dominated the market in terms of share volume, accounting for 49.36% (or 1,544.73 Mn shares) of total volume, with a value contribution of LKR 4.37Bn. The Food Beverage & Tobacco Industry Group followed suit, adding 13.18% to total volume (412.44 Mn shares) while Materials Group contributed 11.81% (369.63 Mn shares) to the weekly share volume.
Company, DPS(Rs.), Dividend Type, Date (XD) ; HAYLEYS FABRIC PLC, 0.4, Second Interim, 06-Jan-2022 07-Jan-2022; KELANI VALLEY PLANTATIONS PLC, 0.25, Second Interim, 7-Jan-22; HAYCARB PLC, 0.75, Second Interim, 7-Jan-22; SINGER (SRI LANKA) PLC, 0.35, Second Interim, 10-Jan-22; ALUMEX PLC, 0.2, Second Interim, 10-Jan-22; DIPPED PRODUCTS PLC, 0.45, Second Interim, 10-Jan-22; HAYLEYS FIBRE PLC, 0.75, Second Interim.
Key Economic Indicators December 2021: Prime Lending Rate, 8.33%; Ave. Wtd. Deposit Rates, 4.94%; Ave. Wtd. Fixed Dep. Rates, 5.94%; CCPI Inflation Y-o-Y %, 11.1%.
Net Foreign Position
Foreign investors were net sellers this week with a total net outflow amounting to LKR 1.68 Bn relative to last week’s total net outflow of LKR 0.10 Bn (-1,589.6% W-o-W). Total foreign purchases increased by 24.9% W-o-W to LKR 0.41Bn from last week’s value of LKR 0.33Bn, while total foreign sales amounted to LKR 2.09Bn relative to LKR 0.43Bn recorded last week (385.2% W-o-W).