Enterprise Ceylon Capital- Market Wrap 12 May 2015

* INDICES: CSEALL 44.98 at 7,258.61 (0.62%), S&PSL20 12.52 at 4,073.56 (0.31%)
* SECTORAL PERFORMANCE: Services 6.29%, Information Technology 2.06%, Investment Trusts 1.03%, Plantations 1.02%, Beverage, Food & Tobacco 1.02%, Banks, Finance & Insurance 1.00%, Oil Palms -0.51%
* VOLUMES: CSEALL LKR 1,077,871,836 (USD 8.10m)
* Market Breadth: 120 advances, 75 declines
MARKET COMMENTARY: The market witnessed noteable gains on both indices today with a healthy turnover of LKR 1.1 billion. Main contributors to market turnover were Commercial Bank of Ceylon (COMB) (LKR 132 million), Regnis Lanka (REG) (LKR 65 million), Lanka Walltiles (LWL) (LKR 58 million), John Keells Holdings (JKH) (LKR 57 million) and Lanka Orix Leasing Company (LOLC) (LKR 55 million).
* TODAY'S GAINERS: Regnis Lanka (REG) 20.21%, Alufab (ALUF) 10.41%, Alumex (ALUM) 7.74%
* TODAY'S LOSERS: First Capital Holdings (CFVF) -3.47%, Seylan Bank NV (SEYB.X) -1.29%, Aitken Spence (SPEN) -1.18%

Economic/General News:

* Sri Lanka’s Minister of Power and Energy says that there are no plans to increase the electricity tariffs this year. “This is because the Ceylon Electricity Board (CEB) and the Lanka Electricity Company (LECO) are both at a very stable financial position now,”

CSE Announcements:

* CEYLON COLD STORES, KEELLS FOOD PRODUCTS, CEYLON TOBACCO COMPANY, KELANI VALLEY PLANTATIONS - DIVIDEND ANNOUNCEMENTS
* Interim Financial Statements 31-03-2015 - AMANA BANK, LB FINANCE, SIYAPATHA FINANCE, REGNIS(LANKA), HAYLEYS MGT KNITTING MILLS, CEYLON TOBACCO COMPANY, KELANI VALLEY PLANTATIONS
* GEORGE STEUART FINANCE - RELATED PARTY TRANSACTIONS
* NATION LANKA FINANCE - RESIGNATION OF CHIEF EXECUTIVE OFFICER
* MILLENNIUM HOUSING DEVELOPERS - CHANGE IN DIRECTORATE
* ON'ALLY HOLDINGS, PCH HOLDINGS - DEALINGS BY DIRECTORS