Midcap Segment Shows Bullish Signs, Tokyo Cement and Lanka Walltile Lead the Way
The market is showing signs of bullishness today, with Tokyo Cement Co. (Lanka) Plc and Lanka Walltile Plc leading the way. The advance decline ratio for this midcap segment is at a healthy 2.14x, with 15 stocks advancing and only 7 declining.
Among the top performers in this segment is Hayleys Fabric Plc, with a return of -1.14%. On the other hand, Aitken Spence Hotel Holdings Plc has been the worst performer, with a return of 0.00%. This shows that the market is currently favoring certain stocks over others.
Investors should take note of the technical call changes in this midcap segment. This could indicate potential shifts in the market and could be a good opportunity for investors to make informed decisions.
Overall, the midcap segment has been performing well, with Tokyo Cement Co. (Lanka) Plc and Lanka Walltile Plc leading the way. With a bullish outlook, investors should keep an eye on the market and make strategic moves to capitalize on the current trend.