Sri Lankan Stock Market Shows Positive Trend with Top Gainers and Losers
Today, the Sri Lankan stock market is seeing a mix of gains and losses, with the overall market showing a positive trend. The top large cap gainer is Browns Investments Plc, with a 2.60% increase in their stock price. This is followed by Brown & Co. PLC, a mid cap company, with a 3.07% increase. However, the top small cap gainer, Prime Lands Residencies Plc, has not seen any change in their stock price.
On the other hand, the top large cap loser is Royal Ceramics Lanka Plc, with a 2.74% decrease in their stock price. First Capital Treasuries Plc, a mid cap company, has also seen a decline of 1.10%. Dialog Finance Plc, a small cap company, has seen a slight decrease of 0.22%.
The overall market sentiment is positive, with an advance decline ratio of 1.37x across the Sri Lanka CSE All Share. This means that for every 114 companies that have seen an increase in their stock price, 83 have seen a decrease. The Sri Lanka CSE All Share Caps is also on the rise, with a 0.73% increase.
The top gainers in the Sri Lanka CSE All Share are Nation Lanka Finance Plc, with a 33.33% increase, followed by SMB Finance Plc with a 14.29% increase, and Muller & Phipps (Ceylon) Plc with a 9.09% increase. On the other hand, the top losers are The Autodrome Plc with a 6.68% decrease, Browns Beach Hotels Plc with a 5.88% decrease, and Abans Finance Plc with a 4.73% decrease.
Out of the 1 sector that is advancing today, the Sri Lanka CSE All Share is leading with a 0.73% increase. This shows that the overall market is being driven by this sector. The Sri Lanka CSE All Share is currently trading at 15,926.00, with a gain of 114.64 points or 0.73%. This indicates a positive trend in the market and investors can expect to see further growth in the coming days.