Sri Lankan Stock Market Experiences Mixed Trend with Decline in Overall Market and Top Gainers and Losers
The Sri Lankan stock market is experiencing a mixed trend today, with a decline in the overall market and a few top gainers and losers. The Advance Decline ratio across the Sri Lanka CSE All Share is at 0.39x, with 56 advances and 143 declines. The market summary shows that the Sri Lanka CSE All Share Caps is falling by 0.48%, trading at 17,293.83 with a loss of -84.09 points.
The top gainers in the market today include Nation Lanka Finance Plc with a significant increase of 33.33%, followed by Mahaweli Reach Hotels Plc with 11.17% and PMF Finance Plc with 7.14%. On the other hand, the top losers include Balangoda Plantations Plc with a decrease of -7.29%, Seylan Developments Plc with -6.69%, and Renuka Foods Plc with -5.76%.
In terms of market capitalization, the top large cap gainer is PGP Glass Ceylon Plc with a slight increase of -0.62%, while the top mid cap gainer is Hayleys Fabric Plc with a decrease of -3.02%. The top small cap gainer is Pan Asia Banking Corp. Plc, which remains unchanged at 0.00%. On the other hand, the top large cap loser is John Keells Holdings Plc with a decrease of -0.46%, followed by Aitken Spence Hotel Holdings Plc with -1.03% and Dialog Finance Plc with -3.10%.
Out of the 1 sector advancing today, the Sri Lanka CSE All Share sector is the top losing sector with a decline of -0.48%. This indicates a mixed trend in the market, with 0 sectors advancing and 1 sector declining. Investors are advised to closely monitor the market and make informed decisions based on the current market conditions.