Archive for the ‘Market Reports’ Category
Daily Trade Journal – CSE Diary for 16.05.2013 Index jumps 66 points: The Colombo stocks saw a continuous uptrend today driven by the large cap counters regaining institutional, high net worth and foreign interest. The surge in the index was heavily weighted upon John Keells Holdings, Ceylon Tobacco Company, Lanka Orix Leasing, Commercial Bank [...]
Daily Trade Journal – CSE Diary for 15.05.2013 Bourse reverts back to the green: The benchmark index moved on a volatile note with renewed buying interest leading to a gain of 14 points at 6,221.12 points. BFI sector and Diversified sectors continued dominancy, adding 62% to the turnover. Gains denoted in heavy weights; Nestle [...]
Daily Trade Journal – CSE Diary for 13.05.2013 Indices on a corrective pattern: The bourse displayed signs of consolidation today where it traded on a restricted band during trading. Morning session witnessed continued selling pressure where the index dropped by 40 points, leading to an eventual recovery in the late trading session to settle [...]
Indices rallied at the latter half of the day surpassing the resistance level of 6,000. JKH was the top turnover provider, with capturing two crossings at LKR 252. Price of JKH closed at LKR 252.80 (+1.12%). Foreign stake of COMB increased by 450,150 shares while the price closed at LKR 116.60 (1.39%). Interest could be witnessed in CLND [...]
CSE Diary for 09.05.2013 Indices continued on an upward trajectory: The bourse extended gains with heavy focus on the banking and finance sector whilst touching a peak of 6,258.26 points (+40 points) during latter trading hours. Profit taking in selected counters led the benchmark index to close with a lesser gain of 28 points [...]
Daily Trade Journal – CSE Diary for 08.05.2013 High volatility in the index: The bourse continued its strong momentum in the early morning trading session. However the market dropped nearly 60 points due to a heavy sell-off and in mid and latter part of the day the bourse recovered successfully to end on a [...]
Daily Trade Journal – CSE Diary for 07.05.2013 Bullish sentiment stays strong: The market continued with overwhelming buying interest with most investors actively getting back into the market. A strong uptrend was observed in the index throughout the day as the index surpassed the 6,200 mark closing at 6,201 up 80 points. Gains made [...]
Daily Trade Journal – CSE Diary for 06.05.2013 Bourse depicted a strong uptrend: The benchmark index denoted a strong upward climb with strong institutional and retail participation carrying the turnover across the LKR4.0 bn mark, the highest since 26.09.2012. Gains recorded in heavy caps; John Keells Holdings (+2.9%), Nestle Lanka (+3.4%) Distilleries (+3.9%) coupled [...]
Weekly Message: The bourse hovered around the 6,000 landmark during the week accumulating sufficient buying power to pass through. However on Friday the index surpassed the key level and closed at 6,013 which is a psychological victory for most analysts. We notify investors to stay on the side line and stay patiently to [...]
Daily Trade Journal – CSE Diary for 03.05.2013 Big caps carry index above 6,000: The bourse stagnated during most part of the 1st half of trading with only marginal gains to record a sudden surge amidst buying interest in the heavyweight counters. Strong buying and gains in Ceylon Tobacco, John Keells Holdings, Dialog, Hatton [...]
Daily trade Journal – CSE Diary for 02.05.2013 ASPI wandering around 6,000: The benchmark index traded on a consolidation phase today reaching near the 6,000 (5,992) land mark once again. However buying pressure was insufficient to penetrate through the barrier and ASPI ended at a lower level at 5,972.37 with a gain of 19 [...]
Market turned back to a positive momentum with active participation of local retail investors with indices closing in a green note. TWOD dragged the attention by contributing mostly to the market turnover and the price closed at LKR 5.70 with a reduction of 18.57.Price of JKH closed flat at LKR 250, while the foreign stake of the counter increased by [...]