Sri Lankan Stock Market Shows Positive Signs with Gains in Key Sectors and Companies
The Sri Lankan stock market is showing positive signs today, with 1 sector advancing and 0 sectors declining. The top gaining sector is the Sri Lanka CSE All Share, which is up by 0.44%. This is reflected in the advance decline ratio of 121 advances to 90 declines, showing a ratio of 1.34x.
The Sri Lanka CSE All Share Caps is also on the rise, gaining 0.44%. This is driven by the top gainers in the market, including Industrial Asphalts Ceylon Plc and Nation Lanka Finance Plc, both with a 33.33% increase. Lee Hedges PLC is also among the top gainers, with a 15.22% rise.
On the other hand, the top losers in the market include Ramboda Falls Plc, Asia Capital Plc, and On'ally Holdings Plc, with declines of -5.28%, -4.76%, and -3.99%, respectively.
The Sri Lanka CSE All Share is currently trading at 17,452.91, with a gain of 76.49 points or 0.44%. Among the top large cap gainers is PGP Glass Ceylon Plc, while Hayleys Fabric Plc is the top mid cap gainer and Pan Asia Banking Corp. Plc is the top small cap gainer. On the other hand, John Keells Holdings Plc is the top large cap loser, Aitken Spence Hotel Holdings Plc is the top mid cap loser, and Dialog Finance Plc is the top small cap loser.
Overall, the market is being driven by positive movements in the Sri Lanka CSE All Share and its top gaining sectors and companies. Investors can keep an eye on these trends and make informed decisions for their portfolios.