1. Healthcare

Market Roundup
Index Performance
Index
05 Feb
ASI
7,047.31
S&P SL 20
3,853.65
5 February 2015
02 Feb
7,000.06
3,824.98
Change
47.25
28.67
DoD (%)
0.67
0.75
YTD (%)
(3.45)
(5.76)
52 wk High
7,605.79
4,272.50
52 wk Low
5,838.92
3,180.06
Movement in Indices
Key Statistics
Turnover (LKR mn)
Volume (mn)
Foreign Purchases (LKR mn)
Foreign Sales (LKR mn)
` buying/(selling) (LKR mn)
Net foreign
Foreign Participation (%)
Market Capitalisation (LKR bn)
Market PE (x)
Market PBV (x)
05 Feb
2,352
39
1,811
843
968
56%
2,986
13.7
1.8
Top Turnover
Company
JKH.N0000
COMB.N0000
PLC.N0000
LLUB.N0000
DIAL.N0000
PCH.N0000
CWM.N0000
SING.N0000
PMB.N0000
MORI.N0000
Change
81%
-17%
310%
36%
638%
38%
-
Top Volume
Turnover
(LKR mn)
1,538.7
278.7
99.8
69.3
54.2
Closing
Price
(LKR)
203.0
163.0
24.6
398.0
12.0
% change
1.3
1.4
3.8
0.7
7.1
Top Gainers
Company
02 Feb
1,300
47
442
622
-180
41%
2,966
13.6
1.8
Company
JKH.N0000
DIAL.N0000
PLC.N0000
PCHH.N0000
AAF.N0000
Volume
(mn)
7.6
4.5
4.1
2.8
2.0
Closing
Price
(LKR)
203.0
12.0
24.6
2.4
1.7
%
change
%
change
Volume
(mn)
( 16.7 )
( 14.3 )
( 9.5 )
( 7.8 )
( 7.7 )
0.0
0.1
0.0
0.0
0.2
Foreign Participation (%)
1.3
7.1
3.8
4.4
-
Top Losers
Closing
Price
(LKR)
0.3
59.9
86.9
25.9
315.0
% change
50.0
17.2
14.0
12.6
12.5
Volume
(mn)
0.1
0.0
0.0
0.0
0.0
Company
MORI.X0000
PCP.N0000
MPRH.N0000
MIRA.N0000
SEMB.N0000
Closing
Price
(LKR)
220.0
1.2
28.7
47.3
1.2
Market Review
Colombo equities gained ground on Monday, after two days of free fall, as bargain seekers
turned bullish on selected stocks. Meanwhile foreign investors drove the turnover to 3-week
high today led by purchases in premier blue-chip John Keells Holdings.
Volume (mn)
28 Jan
29 Jan
30 Jan
43.37
36.14
77.73
Cash map - excluding crossings (%)
28 Jan
29 Jan
30 Jan
54.12
53.30
46.46
14 – Day RSI
In today’s trading session, All share price index gained 47.25 points (+0.67%) to end at
7,047.31 while S&P SL 20 index gained 28.67 points (+0.75%) to end at 3,853.65. Today’s
gains were mainly fuelled by counters such as Dialog Axiata (closed at LKR 12.00, +7.1%),
Hatton National Bank (closed at LKR 202.00, +3.1%) and Access engineering (closed at LKR
26.70, +4.7%).
Daily market turnover reached LKR 2.4bn, highest since 12th Jan 2015. John Keells Holdings
positioned at the top of the turnover list for the second consecutive day with LKR 1.5bn, and
contributed 65% of the market turnover. Several crossings were recorded in John Keells
Holdings where 1.1mn shares changed hands at a price range of LKR 201.00-202.00. Total
crossings accounted for 10% of the market turnover.
John Keells Holdings was the mostly traded stock for the day with a volume of 7.1mn which
changed hands in more than 1000 trades. JKH advanced after three days of decline, and
reached an intra-day high of 205.00 but closed lower at 203.00 (+1.3%). Further JKH warrant
0022, JKH warrant 0023, Access Engineering and Commercial Bank were among mostly
traded counters.
Further, Commercial Bank (LKR 279mn) and People’s Leasing (LKR 100mn) made notable
contributions to the turnover.
Gainers offset the losers 129 to 61 while 39 counters remained unchanged. Cash map
improved to 53% from 28%. 13 counters reached to 52wk low prices while only Ceylinco
Insurance recorded a 52wk high price level. The counter closed at LKR 1,599.90 with a gain of
5.1%.
Foreign investors were net buyers with net inflow of LKR 968mn. Foreign participation for
the day was 56%. Net foreign inflows were seen in John Keells Holdings (LKR 823mn),
People’s Leasing (LKR 89mn) and Dialog Axiata (LKR 50mn) while net foreign outflow was
mainly seen in Commercial Bank (LKR 35mn). Accordingly, the year to date net foreign inflow
increased to LKR 908mn.
Moving Average on ASI
02 Feb
47.21
05 Feb
39.34
02 Feb
27.92
05 Feb
53.40
Market Roundup
Meanwhile several companies released their interim financial statements for the December
quarter today. Hotel Services (The Kingsbury) recorded a significant profit growth of 2000%+
year on year. Subsequent to the notable results the counter advanced today to close at LKR
16.20, +1.9%. Further CIC Holdings recorded a profit growth of 198%YoY. CIC voting share
closed at LKR 67.00 with a gain of 1.5%.
5 February 2015
According to the media reports, the cabinet has decided to go ahead with the Port City Project
after considering the feasibility study and the environment impact assessment. Further, the
draft bill on the National Medicinal Drugs Policy (NMDP) has been approved during the
cabinet meeting held today.
Foreign Activity
Stock
Net inflow (LKR mn)
JKH
Peoples Leasing
Dialog
Access Eng
Tokyo Cement
823.0
88.5
49.9
35.4
7.2
Stock
Commercial Bank
Nat. Dev. Bank
Chevron
HNB [X]
Dankotuwa Porcel
Net outflow (LKR mn)
(34.9)
(9.8)
(7.4)
(2.7)
(1.7)
Crossings
Company
John Keells Holdings
John Keells Holdings
John Keells Holdings
John Keells Holdings
Total
Volume
(mn)
0.13
0.13
0.74
0.13
1.12
Price
(LKR)
201.00
201.40
201.50
202.00
-
Value
(LKR mn)
26.58
25.18
148.13
26.06
225.95
The information contained in this report, researched and compiled for purposes of information do not purport to be complete description of the subject matter referred to herein. In preparing this report care has been
exercised to collect information from sources which we believe to be reliable although we do not guarantee the accuracy and completeness thereof. Lanka Securities (Pvt) Ltd. and/or its affiliates and/or its directors, officers
and employees shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or in directly in any manner
whatsoever.
Lanka Securities Research