Banking sector trades at >2.5x discount to the market, remains an attractive entry point for steady returns
ASPI reached an all time high of 9,339.28
Lanka Milk Foods (CWE) PLC [LMF.SL: LKR 174.50]
Higher demand for fresh milk and ongoing capacity expansion to steer LMF's topline
Haycarb PLC [HAYC.SL: LKR 81.40]
Likely capacity expansions and higher contribution from value added products to drive HAYC’s topline
Commercial Bank of Ceylon PLC - Company Update
COMB to sustain above average returns, stands at an attractive entry point for investors
Some fundamentally strong sectors are still behind ASPI
Banking, Finance, Insurance, Telco, Diversified related counters, Plantations, Health, Leisure , Motor and some Consumer related counters are still lagging CSE's YTD returns
Dipped Products PLC [DIPD.SL: LKR 55.10]
Emerging variants and anticipated growth in global industrial activities to drive DIPD’s earnings
Listed company earnings surged by 256%YoY for 2Q’21
Listed company earnings surged by 256%YoY for 2Q’21 so far, after eliminating one off gains in 2Q’20
Earnings spiked up significantly for banks in 2Q'21
Earnings spiked significantly during the 2Q’21 in banking sector making valuations more attractive
SWISSTEK CEYLON PLC (LKR 28.30)
Rising demand for residential constructions and commercial space to drive PARQ’s bottom line
Equity Market continues its recovery path
Market ends July gaining 3.6% MoM. Turnover levels too remained healthy
Royal Ceramics Lanka PLC (LKR 38.70)
Import ban, capacity expansion and uptick in construction sector to help sustain RCL’s earnings
Lanka Tiles PLC (LKR 56.00)
Upcoming construction boom, low rates and import restriction to drive TILE"s earnings futher
