Sri Lankan Stock Market Shows Strong Performance with CSE All Share Up 0.53%
The Sri Lankan stock market is showing positive signs today, with the CSE All Share advancing by 0.53%. The advance decline ratio stands at 112 advances to 72 declines, indicating a healthy market sentiment. This ratio, also known as the breadth of the market, is a key indicator of market strength.
Among the top gainers in the CSE All Share are Nation Lanka Finance Plc, Muller & Phipps (Ceylon) Plc, and Panasian Power Plc, with gains of 33.33%, 9.09%, and 7.87% respectively. On the other hand, Tess Agro Plc, Galadari Hotels (Lanka) Plc, and Equity Two Plc are the top losers, with declines of 9.09%, 4.65%, and 4.05% respectively.
The market is currently being driven by the CSE All Share sector, which is up by 0.53%. Out of the 1 sector advancing today, there are no sectors declining, indicating a strong overall performance. PGP Glass Ceylon Plc, Hayleys Fabric Plc, and Pan Asia Banking Corp. Plc are the top large cap, mid cap, and small cap gainers respectively, while John Keells Holdings Plc, Aitken Spence Hotel Holdings Plc, and Dialog Finance Plc are the top large cap, mid cap, and small cap losers.
Overall, the Sri Lankan stock market is showing positive signs today, with the CSE All Share trading at 15,925.92 with a gain of 84.32 points. Investors can look forward to a promising day in the market, with strong performances from various sectors and companies. Stay tuned for more updates on the market's performance.