NDB Securities Daily market Update 2 July 2015

Melissa Pereira Fri Jul 03, 2015 4:02 pm

The price losses in counters such as DFCC Bank, Ceylon
Tobacco Company and Sri Lanka Telecom resulted in
indices closing in red below 7000 mark whilst turnover
crossed Rs 435 Mn. High net worth and institutional investor
participation was witnessed in Hemas Holdings and Standard Capital. Mixed interest was observed in Access Engineering and Textured Jersey Lanka whilst retail interest was noted in Sanasa Development Bank and Softlogic Holdings. Meanwhile, foreigners remained active closing as net sellers mainly due to foreign selling in People's Leasing & Finance.

Banks, Finance and Insurance sector was the top contributor to the market turnover (due to People's Leasing & Finance and Hatton National Bank) whilst the sector index lost 0.76%. The share price of People's Leasing & Finance decreased by Rs 0.30
(1.29%) closing at Rs 23.00 whilst foreign holdings decreased by 2,696,880 shares. The share price of Hatton National Bank declined by Rs 2.00 (0.93%) to close at Rs 214.00.
Please refer the link for more details- file:///C:/Users/Nelee/Downloads/-opt-downloads-Research-4-2015-07-02_18_03_29.pdf