Sri Lankan Stock Market Sees Positive Trend with Strong Performance and Impressive Gains
Today, the Sri Lankan stock market is showing a positive trend with 1 sector advancing and 0 sectors declining. The top gaining sector is the Sri Lanka CSE All Share, which has seen a significant increase of 2.01%. This is a positive sign for investors as it indicates a strong market performance.
In terms of individual companies, Expolanka Holdings Plc is the top large cap gainer with a gain of 1.86%. This is followed by Hunas Holdings Plc, a mid cap company, with a gain of 1.02%. The top small cap gainer is People's Insurance Plc, which has seen an impressive increase of 13.08%.
On the other hand, Ceylon Cold Stores Plc is the top large cap loser with a decrease of 1.77%. Brown & Co. PLC, a mid cap company, has also seen a decline of 4.26%. The top small cap loser is E.B. Creasy & Co. Plc, which has seen a significant decrease of 14.52%.
The Sri Lanka CSE All Share is currently trading at 18,541.26 with a gain of 365.19 points, which is a 2.01% increase. The advance-decline ratio across the Sri Lanka CSE All Share is 174 advances to 64 declines, indicating a positive market sentiment with a ratio of 2.72x.
Some of the top gainers in the Sri Lanka CSE All Share include Sathosa Motors Plc with an impressive increase of 85.52%, followed by C M Holdings Plc with a gain of 80.50%, and East West Properties Plc with a gain of 51.56%. On the other hand, the top losers include SMB Finance Plc with a decrease of 14.29%, Millennium Housing Developers Ltd. with a decline of 11.32%, and PMF Finance Plc with a decrease of 10.37%.
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.