Sri Lankan Stock Market Shows Positive Trend with Strong Performance from Top Gainers
Today, the Sri Lankan stock market is showing a positive trend with the Sri Lanka CSE All Share index rising by 1.27%. This is driven by the performance of the top large cap gainer, Expolanka Holdings Plc, which has seen a 1.86% increase in its share price. The mid cap gainer, Hunas Holdings Plc, has also shown a slight increase of 0.00%, while the small cap gainer, People's Insurance Plc, has seen a 1.30% increase.
On the other hand, the top large cap loser, Ceylon Cold Stores Plc, has seen a decline of 2.61% in its share price. The mid cap loser, Brown & Co. PLC, has also shown a significant decline of 7.04%, while the small cap loser, E.B. Creasy & Co. Plc, has seen a slight decrease of 1.14%.
The market is currently 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 1.27% increase. This is reflected in the advance decline ratio of 170 advances and 36 declines, with a ratio of 4.72x.
The top gainers in the Sri Lanka CSE All Share index include Nation Lanka Finance Plc with a 33.33% increase, Ceylon Printers Plc with a 13.56% increase, and East West Properties Plc with a 12.50% increase. On the other hand, the top losers in the index include LAUGFS Power Plc with a 5.31% decrease, Renuka Foods Plc with a 3.85% decrease, and Colombo Fort Investments Plc with a 2.38% decrease.
The Sri Lanka CSE All Share index is currently trading at 17,081.34 with a gain of 213.90 points, reflecting the positive trend in the market. With the advance decline ratio and the performance of the top gainers and losers, it is evident that the market is being driven by the Sri Lanka CSE All Share index. Investors can expect to see continued growth in the market as it remains in a positive trend.