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    EXPO.N0000   LK0381N00000

EXPOLANKA HOLDINGS PLC

(EXPO.N0000)
  Report
End-of-day quote Colombo Stock Exchange  -  2022-12-04
206.00 LKR   +5.91%
11/15Sri Lankan shares fall as industrials weigh
RE
11/14Sri Lankan shares end lower, govt releases 2023 budget
RE
11/08Sri Lankan shares drop most in a month as industrials slide
RE
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Sri Lankan shares on 3-day slide as energy, industrials weigh

10/03/2022 | 07:03am EST

Oct 3 (Reuters) - Sri Lankan shares closed lower for third straight session on Monday, due to sharp losses in industrial and energy companies.

* The CSE All-Share index, coming of its biggest quarterly gain in 12 years, settled 2.83% lower at 9,649.86, its lowest since Sept. 8.

* The Colombo Stock Exchange said in the final hour of the session that trading had been halted for rest of the day due to a drop of more than 5% in the S&P SL20 index.

* "Sri Lanka reduced its petrol prices unexpectedly by 40 rupees over the weekend, which sparked a sell-off on Lanka IOC shares. Shareholders were clearly hoping for continued high prices and that is being reflected in the market," said Sanjeewa Fernando, head of research at CT CLSA.

* Lanka IOC, the local unit of Indian Oil Corp , was among the top drags on the market, dropping as much as 7.2% in its biggest intraday loss since Aug. 15. The stock closed 6.9% lower.

* Conglomerates Expolanka Holdings Plc and LOLC Holdings Plc also weighed on the index, falling 12.5% and 4.8%, respectively.

* Trading volume on the CSE All-Share index rose to 125.4 million shares on Monday, from 99.4 million in the previous session.

* The equity market turnover was 2.54 billion Sri Lankan rupees ($7 billion), compared with 2.58 billion rupees in the previous session, according to exchange data.

* Foreign investors were net buyers in the equity market, purchasing 52.6 million rupees worth of shares, while domestic investors were net sellers, offloading 2.53 billion rupees worth of stocks, data showed.

* Despite the losses in the last two sessions of last month, the CSE All-Share index had clocked a gain of 35.26% from July to September, its biggest quarterly jump since September, 2010.

* For a report on global markets, click ($1 = 362.9000 Sri Lankan rupees) (Reporting by Anuran Sadhu in Bengaluru and Uditha Jayasinghe in Colombo; Editing by Savio D'Souza)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BRENT OIL -4.42% 83.01 Delayed Quote.10.28%
EXPOLANKA HOLDINGS PLC 5.91% 206 End-of-day quote.-45.10%
INDIAN OIL CORPORATION LIMITED 0.06% 77.05 Delayed Quote.3.59%
LANKA IOC PLC 1.21% 209.25 End-of-day quote.185.86%
LOLC HOLDINGS PLC 3.02% 435.5 End-of-day quote.-62.52%
WTI -4.63% 77.379 Delayed Quote.6.45%
All news about EXPOLANKA HOLDINGS PLC
11/15Sri Lankan shares fall as industrials weigh
RE
11/14Sri Lankan shares end lower, govt releases 2023 budget
RE
11/08Sri Lankan shares drop most in a month as industrials slide
RE
11/01Sri Lankan shares rise on industrials, financials boost
RE
10/31Sri Lankan shares fall as industrials, financials weigh
RE
10/28Expolanka Holdings PLC Reports Earnings Results for the Second Quarter and Six Months E..
CI
10/20Sri Lankan shares fall, dragged by industrials
RE
10/18Sri Lankan shares fall 1% as industrials, communication services slide
RE
10/17Sri Lankan shares fall 1% as industrials, financials weigh
RE
10/13Sri Lankan shares surge as industrials, financials gain
RE
More news
Financials
Sales 2023 1 064 B 2 894 M 2 894 M
Net income 2023 - - -
Net Debt 2023 - - -
P/E ratio 2023 -
Yield 2023 5,23%
Capitalization 403 B 1 096 M 1 096 M
Capi. / Sales 2023 0,38x
Capi. / Sales 2024 0,39x
Nbr of Employees 3 202
Free-Float 10,9%
Chart EXPOLANKA HOLDINGS PLC
Duration : Period :
Expolanka Holdings PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 206,00 LKR
Average target price 292,25 LKR
Spread / Average Target 41,9%
Managers and Directors
Hanif Yusoof Group Chief Executive Officer & Executive Director
Mushtaq Ahamed Group Director-Finance
Hitoshi Kanahori Executive Chairman
Jagath Pathirane Chief Administration Officer
Shiran Harsha Amarasekera Independent Non-Executive Director
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