ASPI closed at 6,633.27, down 14.86 points or 0.22 percent with losses in Ceylon Tobacco Comapany, brokers said.
Asian shares rallied as commodities tried to stage a comeback while the US dollar retreated. Shares in Japan and South Korea led the move higher, helping trim a fourth straight weekly decline in the regional equity index. The MSCI Asia Pacific Index added 0.2 percent while the Topix index in Tokyo advanced 0.2 percent, leaving it up 1.4 percent this week. In Australia, the S&P/ASX 200 Index increased 0.3 percent with the the Kospi index in Seoul rallying 0.2 percent. (May 20, 2016 0800 am)May 18, 2016
The ASPI gained marginally due to price increases in market heavyweights such as Ceylon Tobacco Company, Carson Cumberbatch, Asiri Hospital Holdings, Commercial Bank of Ceylon and Lanka Orix Leasing Company. The day’s total turnover was recorded over LKR 1.4bn to which John Keells Holdings (Voting) contributed the majority, assisted by four crossings and some block trades on the normal board. Crossings were also recorded in Access Engineering, Commercial Bank of Ceylon (Voting), Ceylon Tobacco Company and Nestle Lanka. Foreign investors were net buyers during the day. The All Share Price Index gained 9.4 points to close at 6,680.2 (+0.1%), while the S&P SL20 Index gained 1.0 points to close at 3,483.7(+0.0%). · Total turnover for the day stood at LKR 1,431.9mn (USD 9,812.4k) vs. 12-months average daily turnover of LKR 1,047.2mn (USD 7,176.4k), whilst the volume traded for the day was 24,591k against the 12- month average daily volume of 40,918k. Top contributory counters towards the day’s turnover were John Keells Holdings (Voting) LKR 421.5mn (USD 2,888.5k, -1.4%), Nestle Lanka LKR 225.7mn (USD 1,546.7k, -0.4%), Ceylon Tobacco Company LKR 187.9mn (USD 1,287.4k, +0.9%), Commercial Bank of Ceylon (Voting) LKR 155.9mn (USD 1,068.5k, +0.9%), Textured Jersey Lanka LKR 47.4mn (USD 325.0k, +2.9%). Foreign purchases amounted to LKR 1,051.1mn (USD 7,202.8k), whilst foreign sales amounted to LKR 791.6mn (USD 5,424.6k). This resulted in a net foreign inflow of LKR 259.5mn being recorded at the end of the day’s trading
Asian stocks were down for the first time this week as investors weighed data showing Japan’s economy grew more than expected and higher interest rates in the US. The MSCI Asia Pacific Index slipped 0.2 percent to 127.25. Japan’s Topix index gained 0.4 percent while Taiwan’s Taiex Index dropped 0.4 percent. South Korea’s Kospi index slid 1 percent, while Australia’s S&P/ASX 200 Index lost 0.2 percent. New Zealand’s S&P/NZX 50 Index declined 0.2 percent. Mainland Chinese stocks traded in Hong Kong slumped 1.1 percent while Hong Kong’s Hang Seng Index lost 1.1 percent, while the Shanghai Composite Index slid 1 percent. (May 18, 2016 08.00 am)
In oil – West Texas Intermediate crude added 0.3 percent to $48.45 a barrel, extending gains at a seven-month high.
No comments:
Post a Comment