Expolanka Holdings Plc Leads Large Cap Segment as Stock Market Evolves
The stock market is constantly evolving and today, the large cap segment is in the spotlight. This segment has been the best performer, with Expolanka Holdings Plc leading the pack with a return of 1.86%. On the other hand, Ceylon Cold Stores Plc has been the worst performer with a return of 1.77%. This shows a clear contrast in the performance of these two stocks.
Looking at the technical calls of the stocks in this large cap segment, we can see that Lion Brewery (Ceylon) Plc is currently mildly bullish to bullish, while Asian Hotels & Properties Plc is sideways to mildly bullish. Royal Ceramics Lanka Plc is also showing a mildly bullish to bullish trend.
In terms of the advance-decline ratio, we can see that out of the 40 stocks in this segment, 5 are advancing while 35 are declining. This gives us a ratio of 0.14x, indicating that the majority of stocks are currently facing a decline.
It is important to note that these technical calls and performance indicators are subject to change as the market is constantly fluctuating. However, it is clear that the large cap segment is currently driving the market, with Expolanka Holdings Plc leading the way. Investors should keep a close eye on these stocks and monitor any changes in their technical calls and performance.