NEPSE Index Sees Modest Gain


The Nepal Stock Exchange (NEPSE) Index closed at 2,488.09 points, marking a slight increase of 2.15 points or 0.08% from the previous trading day. Despite today’s minimal gain, the index saw a more substantial rise of 61.61 points in the prior session.

The trading day began with the index opening at 2,491.17 points, hitting an intraday low of 2,441.56 points, and reaching an intraday high of 2,504.53 points before settling at its closing value. This fluctuation highlights the market’s attempt to breach the resistance zone at 2,500, though it failed to close above this level. Future sessions will reveal if the index can break through this resistance or if it will retreat.

A total of 309 scrips were traded through 170,559 transactions during the session. The volume of shares traded was 39,754,711, resulting in a substantial turnover of Rs. 13.91 Arba. The market capitalization was recorded at Rs. 39.47 Kharba, with a float market capitalization of Rs. 13.55 Kharba.

Himalayan Reinsurance Limited (HRL) led the market in turnover, achieving a value of Rs. 36.93 crores and closing at Rs. 661.20.

In terms of stock performance, Muktinath Krishi Company Limited (MKCL) saw the highest gain, hitting the positive circuit with a 10% increase.

Conversely, Ganapati Laghubitta Bittiya Sanstha Limited (GMFBS) experienced the steepest decline, dropping by 9.94%.

Sector-wise, six sectors ended in the red. The Manufacturing and Processing Index led the gains with a 2.16% increase, while the Banking sector faced the highest loss, declining by 1.23%.

Leave a Reply

Your email address will not be published. Required fields are marked *

More Interesting Read

Hathway Investment Nepal Proposes 10.526% Dividend for FY 2080/81
Latest Articles

Hathway Investment Nepal Proposes 10.526% Dividend for FY 2080/81

Hathway Investment Nepal Limited (HATHY) has proposed a 10.526% dividend for the fiscal year 2080/81. This includes 10% bonus shares and a 0.526% cash dividend (inclusive of tax), as decided during the 200th meeting of the company’s Board of Directors held on Bhadra 27. With a current paid-up capital of Rs. 1.28 Arba, the proposed […]

Read More
Sanima Reliance Life Insurance Proposes 18.38% Dividend for FY 2079/80
Latest Articles

Sanima Reliance Life Insurance Proposes 18.38% Dividend for FY 2079/80

Sanima Reliance Life Insurance Limited (SRLI) has announced a 18.3811% dividend for the fiscal year 2079/80. During the 30th meeting of the company’s Board of Directors on Bhadra 30, it was decided to distribute the dividend in the form of 18.3811% bonus shares, based on the company’s paid-up capital of Rs. 4.18 Arba. The proposed […]

Read More
CEDB Hydropower Development Calls AGM with 11% Dividend and Right Share Proposal
Latest Articles

CEDB Hydropower Development Calls AGM with 11% Dividend and Right Share Proposal

CEDB Hydropower Development Company Limited (CHDC) has scheduled its Annual General Meeting (AGM) for Ashwin 21, 2081, to be held at Kalimati Banquet, Kalimati, Kathmandu, starting at 10:00 AM. One of the key agendas for the AGM is to endorse an 11% dividend for the fiscal year 2080/81. The Board of Directors meeting held on […]

Read More