Sri Lankan Stock Market Shows Positive Signs with CSE All Share Index Up 0.71%
The Sri Lankan stock market is showing positive signs today, with the CSE All Share index trading at 17,376.42, a gain of 122.64 points or 0.71%. Out of the 1 sector that is advancing, there are no sectors declining, indicating a strong overall performance.
The top gaining sector is the Sri Lanka CSE All Share, with a 0.71% increase. However, there are some notable gainers and losers within the market. PGP Glass Ceylon Plc is the top large cap gainer, with a 0.99% increase, while Hayleys Fabric Plc is the top mid cap gainer with a 1.41% increase. Pan Asia Banking Corp. Plc is the top small cap gainer, with a 0.23% increase.
On the other hand, John Keells Holdings Plc is the top large cap loser, with a 0.94% decrease, followed by Aitken Spence Hotel Holdings Plc with no change and Dialog Finance Plc with a 2.44% decrease.
The advance-decline ratio across the Sri Lanka CSE All Share is 107 advances to 102 declines, indicating a slightly positive market sentiment. The CSE All Share Caps is also rising by 0.71%, further supporting the positive trend.
Some of the top gainers in the Sri Lanka CSE All Share include Nation Lanka Finance Plc with a 33.33% increase, SMB Finance Plc with a 16.67% increase, and East West Properties Plc with a 16.23% increase. On the other hand, Industrial Asphalts Ceylon Plc is the top loser with a 25.00% decrease, followed by Tess Agro Plc with a 16.67% decrease and Muller & Phipps (Ceylon) Plc with a 7.69% decrease.
Overall, the Sri Lankan stock market is showing positive signs today, with the CSE All Share index and advance-decline ratio both indicating a slightly bullish trend. Investors should keep an eye on the top gainers and losers to make informed decisions in the market.