Sri Lankan Stock Market Sees Positive Trend with Impressive Advance-Decline Ratio
The Sri Lankan stock market is seeing a positive trend today, with the Sri Lanka CSE All Share rising by 2.35%. The market summary shows that Expolanka Holdings Plc is the top large cap gainer with a 1.86% increase, while Hunas Holdings Plc is the top mid cap gainer with a 2.00% increase. People's Insurance Plc is the top small cap gainer with a significant 5.28% increase.
On the other hand, Ceylon Cold Stores Plc is the top large cap loser with a 4.05% decrease, followed by Brown & Co. PLC with a 3.23% decrease. E.B. Creasy & Co. Plc is the top small cap loser with a significant 14.29% decrease.
The advance decline ratio across Sri Lanka CSE All Share is at an impressive 11.88x, with 202 advances and only 17 declines. This indicates a strong performance by the market today. The Sri Lanka CSE All Share Caps is also on the rise, currently trading at 17,166.38 with a gain of 393.98 points.
In terms of sectors, 1 sector is advancing while 0 sectors are declining. The top gaining sector is the Sri Lanka CSE All Share with a 2.35% increase. The top gainers in this sector include Nation Lanka Finance Plc with a 33.33% increase, SMB Finance Plc with a 16.67% increase, and E.B. Creasy & Co. Plc with a 14.29% increase.
On the other hand, the top losing sector is the Radiant Gems International Plc with a 2.51% decrease, followed by Keells Food Products Plc with a 2.44% decrease and Asia Capital Plc with a 2.38% decrease.
Overall, the Sri Lankan stock market is showing a positive trend today, with the Sri Lanka CSE All Share leading the way. Investors can expect to see continued growth and potential opportunities in the market.