Asha Phillip Securities Daily Stock Highlights 21 May 2015

The market ended the day on a negative note sending
the indices back to red terrain. However, the turnover
and volume levels remained at healthy levels with both
retail and institutional participants’ contributions. The
S&P SL20 lost 4.89 points or 0.12%, to close the day at
4,068
.63. The ASPI closed at 7,273.69 with a loss of 16
points or 0.22%. With regard to the movement in share
prices, out of the total traded 238 companies, 108
counters witnessed drops whereas only 80 companies
posted gains. The turnover for the day amounted to
LKR 1,678
.
81Mn, witnessing a drop from its previous
day’s turnover which amounted to LKR
2
,144
.76Mn.
By accounting to 10.1% of the aggregated turnover,
Sampath Bank PLC
(SAMP) added LKR 169.04Mn to the
turnover while spearheading the list. Most of this
flowed in by way of 3 off
-market deals which amounted
to LKR 159.10Mn where a total of 600K shares were
dealt at prices LKR 265.0/
- and LKR 265.50/
-. As at the
daily closure, SAMP settled LKR 3.10
/
- or 1.17% higher
, at
LKR 268
/
-. Standing next in line, Seylan Bank PLC
(SEYB)
made a subscription of LKR 164.05Mn to daily turnover.
SEYB ended the day at LKR 117
/
- charting a gain of LKR
4.20
/
- or 3.72%, having touched a fresh 52 week apex at
LKR 118.90/
-
. Seylan Bank PLC Non
-Voting
(SEYB.X) too
managed to gain considerable interest within the day
where a total of 1.5Mn shares changed hands by way of
444 trades, assisting the counter to reach another 52
week apex at LKR 78/
- bagging a notable gain. SEYB.X
closed the day at LKR 77.40/
- with a gain of LKR 3.60/
- or
4.88%. Commercial Bank of Ceylon PLC (COMB) and
Lanka Walltiles PLC
(LWL) were next under the top
subscribers’ for the day with a total of LKR 106.1
6Mn
and LKR 89.71Mn respectively