Sri Lanka CSE All Share sees mixed trend with 1 sector advancing and 1 sector declining
The market is seeing a mixed trend today, with 1 sector advancing and 1 sector declining. The top losing sector is the Sri Lanka CSE All Share, which is down by 0.30%. The advance-decline ratio for this sector is 100 advances to 113 declines, indicating a slightly negative sentiment among investors.
The Sri Lanka CSE All Share Caps is also experiencing a decline of 0.3%, further adding to the overall downward trend. However, there are some bright spots in the market, with the top gainers being Nation Lanka Finance Plc, Colombo Fort Investments Plc, and Muller & Phipps (Ceylon) Plc, with gains of 33.33%, 18.21%, and 15.38% respectively.
On the other hand, the top losers in the market include Industrial Asphalts Ceylon Plc, Singhe Hospitals PLC, and Ceylon Hospitals Plc, with losses of 25.00%, 10.00%, and 5.97% respectively.
In terms of market capitalization, PGP Glass Ceylon Plc is the top gainer in the large cap category, with a gain of 0.80%. In the mid cap category, Hayleys Fabric Plc is leading with a gain of 6.30%, while Pan Asia Banking Corp. Plc is the top gainer in the small cap category with a gain of 0.95%.
On the other hand, John Keells Holdings Plc, Aitken Spence Hotel Holdings Plc, and Dialog Finance Plc are the top losers in the large cap, mid cap, and small cap categories respectively, with losses of 0.46%, 0.38%, and 5.07%.
Overall, the Sri Lanka CSE All Share is trading at 17,399.81 with a loss of 53.10 points or 0.30%. While there are some positive movements in the market, the overall trend seems to be driven by the negative performance of the Sri Lanka CSE All Share and the decline in market capitalization. Investors will need to closely monitor the market to make informed decisions.