DFCC Bank PLC and Royal Ceramics Lanka Plc Lead Bullish Trend in Large Cap Segment
The market is seeing a bullish to mildly bullish trend today, with two major companies, DFCC Bank PLC and Royal Ceramics Lanka Plc, leading the way. In the large cap index, these two stocks have shown a significant technical call change recently.
DFCC Bank PLC, a leading commercial bank in Sri Lanka, has been performing exceptionally well with a bullish to mildly bullish trend. On the other hand, Royal Ceramics Lanka Plc, a leading manufacturer of ceramic tiles, has also shown a similar trend in the market.
In terms of performance, Expolanka Holdings Plc has emerged as the best performer in the large cap segment with a return of 1.86%. This is followed by Ceylon Cold Stores Plc, which has shown a return of 2.61%, making it the worst performer in this segment.
The advance-decline ratio of the stocks in this large cap segment is currently at 0.14x, with 5 stocks advancing and 35 stocks declining. This indicates a slightly bearish sentiment in the market.
Overall, the large cap segment has been a top performer in the market today, with DFCC Bank PLC and Royal Ceramics Lanka Plc leading the way. Investors should keep a close eye on these stocks as they continue to drive the market forward.