Sri Lankan Stock Market Shows Strong Performance with All Sectors Advancing
The Sri Lankan stock market is showing positive signs today, with the CSE All Share index trading at 17,500.24 and a gain of 100.43 points or 0.58%. Out of the 1 sectors in the market, all are advancing, indicating a strong performance. The top gaining sector is the Sri Lanka CSE All Share, with a 0.58% increase.
In terms of large cap companies, PGP Glass Ceylon Plc is the top gainer with a 1.81% increase, while John Keells Holdings Plc is the top loser with no change in its stock price. In the mid cap category, Hayleys Fabric Plc is the top gainer with no change in its stock price, while Aitken Spence Hotel Holdings Plc is the top loser with no change in its stock price. Among small cap companies, Pan Asia Banking Corp. Plc is the top gainer with a 2.34% increase, while Dialog Finance Plc is the top loser with a 1.10% decrease.
The advance-decline ratio for the Sri Lanka CSE All Share index is at 108 advances and 81 declines, indicating a positive market sentiment. The index itself is rising by 0.58%, further reinforcing the positive trend.
Some of the top gainers in the Sri Lanka CSE All Share index include Nation Lanka Finance Plc with a 33.33% increase, Colombo Investment Trust Plc with an 11.32% increase, and Colombo Fort Investments Plc with a 10.94% increase. On the other hand, the top losers in the index include SMB Finance Plc with a 14.29% decrease, Ramboda Falls Plc with a 6.00% decrease, and Radiant Gems International Plc with a 5.94% decrease.
Overall, the Sri Lankan stock market is performing well today, with all sectors and a majority of companies showing positive growth. This is a positive sign for investors and reflects the strong economic conditions driving the market.