Sri Lankan Stock Market Sees Mixed Performance, Top Gainers and Losers Revealed
The Sri Lankan stock market saw a mixed performance today, with the CSE All Share index trading at 16,382.18 points, showing no change from the previous day. The market summary reveals that the top large cap gainer was PGP Glass Ceylon Plc, with a slight increase of 0.22%. On the other hand, the top large cap loser was John Keells Holdings Plc, with a decrease of 0.95%.
In the mid cap category, Hayleys Fabric Plc emerged as the top gainer with a 0.23% increase, while Aitken Spence Hotel Holdings Plc was the top loser with a decline of 1.33%. Among the small cap companies, Pan Asia Banking Corp. Plc showed the highest gain of 0.52%, while Dialog Finance Plc recorded a decrease of 1.70%.
The advance-decline ratio across the CSE All Share index was 0.76x, with 78 companies advancing and 103 declining. This indicates a slightly bearish sentiment in the market. The CSE All Share Caps also fell by 0.0%, further reflecting the mixed performance of the market.
In terms of individual stock performance, Nation Lanka Finance Plc showed the highest gain of 33.33%, followed by Lake House Printers & Publishers Plc with a 17.61% increase and Colombo Investment Trust Plc with a 14.32% increase. On the other hand, Tess Agro Plc recorded the highest loss of 9.09%, followed by Mahaweli Reach Hotels Plc with a 5.08% decrease and Carson Cumberbatch PLC with a 4.93% decrease.
Overall, the Sri Lankan stock market is showing a mixed trend today, with some companies recording gains while others facing losses. Investors should carefully analyze the market and make informed decisions to navigate through these fluctuations.