Both indices gained more than 2% for the day with turnover crossing the Rs. 1.5bn mark. Index heavy JKH witnessed several crossings during the day closing 4.4% up for the day. Crossings were also observed in Commercial Bank, Ascot Holdings, DIMO and Aitken Spece. A net foreign inflow of Rs.449mn was recorded for the day. [...]
Indices fell 1% on Tuesday after four days of continuous gains. Heavy Interest was observed in ACME Printing and Packaging which ended 12.5% up for the day. Crossings were witnessed in CT Land and Colombo Land which added to the day’s turnover. All Share Price Index declined by 1.07% to close at 5693.92 while the [...]
A net foreign inflow was recorded for the first time in 2012 worth Rs.1.2bn. Foreign buying was mainly observed in John Keells Holdings (Rs.1.6bn) and Aitken Spence (Rs. 135mn) while foreign selling was mainly dominated by Commercial Bank which has continously witnessed foreign selling over the weeks. Foreign participation during the last 2 days remained [...]
Market ended positive for the day with turnover crossing the Rs.2bn mark. Foreign buying was witnessed in JKH which contributed to around 67% of the overall turnover. Crossings were also observed in Commercial Bank. All Share Price Index gained by 0.65% to close at 5592.40 while the liquid Milanka Price Index gained by 0.45% to [...]
Sharp declines in the market was observed with both indices falling over 1%. Bluechips led the turnover list with JKH and HNB non voting together with Royal Ceramics topping the turnover list. Gainers list remained short with most counters declining in value. All Share Price Index declined by 1.32% to close at 6322.01 while the [...]
A sharp jump in the index was observed with ASPI gaining 2.7% and MPI gaining almost 2.5%. Most stocks across the board saw strong buying interest during the day after days of market stagnation. All Share Price Index gained by 2.71% to close at 6452.28 while the liquid Milanka Price Index gained by 2.49% to [...]
The bourse saw a sharp downward movement with both indices declining over 1%. Rather weak buying interest is dampening the market as selling pressure continues to increase. Bluechips led by JKH and dialog dominated turnover levels. All Share Price Index declined by 1.07% to close at 6388.52 while the liquid Milanka Price Index declined by [...]
The larger NBFCs should disproportionately profit from booming leasing and hire purchase sales Low levels of overall credit and sustained economic growth create an extremely conducive environment for credit growth Increasing levels of income, growth in vehicle ownership and re-financing are likely to accelerate growth in the leasing and hire purchase (HP) market With 86% [...]
At Capital Alliance we are proud to say that the successes we’ve achieved have always been because of people – our valued clients, our trusted partners and most definitely, our competent staff. After commencing operations in October 2000, we have established ourselves as a leading player in the financial markets of Sri Lanka, specializing in [...]
Market gave mixed reactions with the ASPI gaining while the Milanka remained flat for the day. Asian Cotton Mills and Asian Alliance rallied topping the turnover list on speculation. The bluechips led by JKH and Dialog remained down for the day. All Share Price Index gained by 0.55% to close at 6747.91 while the liquid [...]
The bourse remained flat during the day with weak investor sentiment in the market. Retail favourite speculative counters continued to drive turnover with Tess Agro, HVA Foods and Regnis leading the way. All Share Price Index gained by 0.02% to close at 6736.02 while the liquid Milanka Price Index gained by 0.03% to end the [...]
We have updated our equity recommendations report card for the third time (previous updates were in July2008 and January 2009). The report card provides a summary view of the performance of the recommendations we have provided to clients since the inception of Capital Alliance Securities. We have done this so that we can provide transparency [...]