Sri Lankan Stock Market Sees Mixed Performance, Advance Decline Ratio at 0.97x

The Sri Lankan stock market saw a mixed performance today, with the Advance Decline ratio standing at 92 advances and 95 declines, resulting in a ratio of 0.97x. The Sri Lanka CSE All Share Caps index showed a slight increase of 0.27%, trading at 16,718.20 with a gain of 45.38 points.

Among the top gainers in the market were Nation Lanka Finance Plc, with a significant increase of 33.33%, followed by Radiant Gems International Plc at 10.46% and Raigam Wayamba Salterns Plc at 9.90%. On the other hand, Industrial Asphalts Ceylon Plc saw a decline of 25.00%, making it the top loser of the day. This was followed by Udapussellawa Plantations Plc at -12.13% and Laxapana Batteries Plc at -5.94%.

Out of the 1 sector that advanced today, the Sri Lanka CSE All Share sector showed the highest gain of 0.27%. PGP Glass Ceylon Plc was the top large cap gainer, with an increase of 2.29%, while Hayleys Fabric Plc was the top mid cap gainer at 2.14%. Pan Asia Banking Corp. Plc, on the other hand, saw a decline of -0.51%, making it the top small cap gainer.

In terms of large cap losers, John Keells Holdings Plc saw a decline of -1.89%, while Aitken Spence Hotel Holdings Plc remained unchanged at 0.00%. Dialog Finance Plc was the top small cap loser, with a decline of -6.33%.

Overall, the market showed a mixed performance today, with some sectors and companies seeing gains while others experienced losses. Investors will be keeping a close eye on the market in the coming days to see how it performs and make informed decisions.