Category: NEPSE NEWS

  • NEPSE Index Surges to Five-Month High: A Overview of Today’s Market Trends

    NEPSE Index Surges to Five-Month High: A Overview of Today’s Market Trends


    The Nepal Stock Exchange (NEPSE) Index showed significant growth, increasing by 45.98 points or 2.23% from the previous day’s closing, concluding at 2,106.48 points. This marks the highest point the NEPSE has reached in almost five months, following a gain of 38.14 points in the preceding trading day.

    The market opened at an index of 2065.06, hitting an intraday low of 2,053.27, and reaching an intraday high of 2,107.32. Today’s trading activity involved 313 different stocks traded in 99,641 transactions. The total volume of shares traded amounted to 16,457,138, resulting in a turnover of Rs. 5.98 Arba. The market capitalization stood at Rs. 32.61 Kharba, with a float market capitalization of Rs. 11.29 Kharba.

    Notably, SHIVAM CEMENTS LTD (SHIVM) led in turnover, reaching Rs. 37.43 crores, and closed at a market price of Rs. 594. Eleven companies experienced positive circuit hits for the day, with a noteworthy emphasis on cement companies. On the contrary, Siddhartha Investment Growth Scheme – 2 (SIGS2) suffered the highest loss of 7.26% during the day.

    In terms of sector indices, all sectors closed in positive territory, with the “Hotels And Tourism Index” registering the highest gain at 6.94%, while the “Finance Index” recorded a more modest gain of 0.42%.

  • NEPSE Index Surges by 1.88%, Records Highest Turnover in Eleven and a Half Months

    NEPSE Index Surges by 1.88%, Records Highest Turnover in Eleven and a Half Months


    The Nepal Stock Exchange (NEPSE) Index demonstrated a robust performance with a notable gain of 38.14 points or 1.88% compared to the previous day, concluding at 2,060.49 points. This follows a positive trend from the prior trading day, which saw a gain of 27.75 points for the index.

    The day’s market activity commenced with the index opening at 2025.73, reaching an intraday low of 2,025.68, and achieving an intraday high of 2,070.59, indicating dynamic fluctuations throughout the trading session.

    Today’s trading session witnessed the participation of 305 different stocks in 113,693 transactions. The volume of shares traded amounted to 21,497,619, contributing to a total turnover of Rs. 6.86 Arba. Notably, this marks the highest turnover recorded by NEPSE in the past eleven and a half months. The market capitalization stood at Rs. 31.78 Kharba, with a float market capitalization of Rs. 11.05 Kharba.

    Himal Dolakha Hydropower Company Limited (HDHPC) emerged with the highest turnover, reaching Rs. 26.26 crores, and closed at a market price of Rs. 149.10.

    Additionally, nine companies experienced positive circuit hits during the day. Conversely, Himalayan Power Partner Ltd. (HPPL) faced the highest loss of 7.86%.

    In terms of sector performance, all sectors closed in the green except for the “HydroPower Index.” The “Microfinance Index” observed the highest gain of 5.53%, while the “HydroPower Index” incurred a loss of 0.33%. This indicates a generally positive market sentiment with particular strength in the microfinance sector.

  • Prabhu Mahalaxmi Life Insurance Shares Listed on NEPSE Following Successful Merger

    Prabhu Mahalaxmi Life Insurance Shares Listed on NEPSE Following Successful Merger


    Following the successful merger between Prabhu Life Insurance Limited (PLI) and Mahalaxmi Life Insurance Company Limited, a total of 4,29,60,000 shares of the newly formed entity, Prabhu Mahalaxmi Life Insurance Limited (PMLI), have now been officially listed on the Nepal Stock Exchange (NEPSE). This significant development, sanctioned by regulatory authorities and in compliance with the Securities Listing Regulations of 2075, marks the commencement of the trading of the consolidated shares on the Stock Exchange starting from tomorrow.

    The merger agreement between PLI and Mahalaxmi Life Insurance was formalized on the 29th of Ashad, 2080. Under the terms of the merger, a swap ratio of 1:1 was established. The total listed shares for PLI stood at 21,960,000 units, and Mahalaxmi Life Insurance had 21,000,000 units. Consequently, the merger results in a combined total of 42,960,000 unit shares for Prabhu Mahalaxmi Life Insurance Limited. This consolidation is expected to have implications for the company’s presence and activities in the stock market, reflecting the integration of resources and operations from both entities.

  • NEPSE Index Surges by 1.39%, Records Highest Turnover in Five and a Half Months

    NEPSE Index Surges by 1.39%, Records Highest Turnover in Five and a Half Months


    The Nepal Stock Exchange (NEPSE) Index marked a notable increase of 27.75 points or 1.39% from the previous day’s closing, concluding at 2,022.35 points. In the prior trading session, the index had gained 6.55 points.

    The day’s market activity commenced with the index opening at 1986.06, reaching an intraday low of 1,951.02, and achieving an intraday high of 2,022.82.

    During today’s trading session, a total of 295 different stocks were traded in 101,128 transactions. The volume of shares exchanged amounted to 17,166,465, resulting in a total turnover of Rs. 5.15 Arba, marking the highest turnover recorded by NEPSE in the past five and a half months. The market capitalization stood at Rs. 31.19 Kharba, with a float market capitalization of Rs. 10.84 Kharba.

    Himal Dolakha Hydropower Company Limited (HDHPC) led in terms of turnover, reaching Rs. 25.12 crores and closing at a market price of Rs. 146.

    Additionally, eleven companies experienced positive circuit hits during the day. On the downside, Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) incurred the highest loss of 6.77%.

    Regarding sector performance, three sectors closed in the negative, with the “HydroPower Index” witnessing the highest gain of 5.55%, while the “Banking SubIndex” incurred a loss of 0.67%.

  • “NEPSE Weekly Review: Index Surges 7.66%, Technical Analysis, and Market Highlights”

    “NEPSE Weekly Review: Index Surges 7.66%, Technical Analysis, and Market Highlights”


     

    In the current trading week, the NEPSE index concluded at 1,994.60, marking a notable increase of 141.83 points (7.66%). This follows a marginal loss of 0.31% in the previous week when the index closed at 1,852.77. The week saw the index’s volatility range from 1,866.06 to 2,016.87, totaling 150.81 points, a significant rise from the 30.99 points observed in the prior week.

    Momentum indicators reveal a daily RSI reading of 67.98 and a weekly RSI reading of 53.53. The MACD line and Signal line are both in the positive zone, indicating positivity, with the MACD reading at 20.95. The NEPSE index currently stands above its 5-day and 20-day Moving Averages, signaling a bullish trend that warrants further confirmation. Potential support is identified in the 1,908 – 1,923 zone, while resistance is anticipated in the 2,030 – 2,060 zone.

    **Part 2: Insight into Key Data**

    The highest intraday gain occurred on Sunday, reaching 111.21 points with a turnover of Rs 0.45 Arba, contributing to a total weekly turnover of Rs 16.66 Arba. Trading activity involved more than 5.02 crore unit shares through 3,60,771 transactions. NEPSE’s current market capitalization is reported at Rs. 3,075,147.62 million, equivalent to Rs 30.75 Kharba.

    NEPSE’s index displayed a robust 7.66% increase this week, with all sector indices closing in positive territory.

    **Stock Performance Metrics:**
    – **Monthly Beta Leaders:** Panchakanya Mai Hydropower Limited (PMHPL), Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS), and United Idi-Mardi and R.B. Hydropower Limited (UMRH) lead with betas of 2.07, 2.021, and 1.902, respectively.
    – **Top Gainer:** Dolti Power Company Ltd (DOLTI) emerged as the top gainer, closing at Rs. 330.50 with a significant increment of Rs. 118.50 (55.90%).

    **Top Loser of the Week:**
    – **10% Prime Debenture 2088 (PBD88):** Experienced a decrease of 4.24%, settling at an LTP of Rs. 970.

    **Market Activities:**
    – **Top-Traded Stock:** Sonapur Minerals and Oil Limited (SONA) led the charts with a total trade value of Rs. 74.56 Crores.
    – **Top Buyer Broker:** Vision Securities Pvt. Ltd (Broker No- 34) emerged as the leading buyer broker, purchasing stocks worth Rs. 90.55 Crores.
    – **Top Seller Broker:** Naasa Securities Co. Ltd (Broker No- 58) took the lead as the top seller broker, with sales amounting to Rs. 80.77 Crores.

     

  • “NEPSE Index Shows Resilience with 6.55 Points Gain, Marking Positive Trends in Nepal’s Stock Market”

    “NEPSE Index Shows Resilience with 6.55 Points Gain, Marking Positive Trends in Nepal’s Stock Market”


    The NEPSE Index in Nepal has recorded a gain of 6.55 points, equivalent to 0.32%, surpassing the previous day’s closing and concluding at 1,994.60 points. This follows a 2.60 point increase on the day prior, and notably, after the recent review of the monetary policy on Friday, the index has seen a cumulative gain of 141.81 points over the course of five trading days.

    The day’s trading began with the market opening at 1989.53. It experienced an intraday low of 1,973.42 but rebounded to reach an intraday high of 1,997.12.

    Throughout today’s trading session, there were 300 different stocks involved in 66,955 transactions. The total volume of shares traded amounted to 9,637,455, resulting in a total turnover of Rs. 3.15 Arba. The market capitalization stood at Rs. 30.75 Kharba, and the float market capitalization was reported at Rs. 10.71 Kharba.

    Sonapur Minerals And Oil Limited (SONA) led in turnover, reaching Rs. 16.04 crores, and closed at a market price of Rs. 361.80.

    Similarly, eight companies experienced positive circuits for the day. Conversely, Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) faced the highest loss of 4.98%, followed by MLBS and CYCL at 4.78% and 4.04%, respectively.

    In terms of sector indices, five sectors concluded in the red. The “Others Index” demonstrated the highest gain of 1.51%, while the “Trading Index” observed a loss of 0.92%.

  • Kumari Bank and NEPSE Seal Deal for Listing 10% KBL Debenture 2090

    Kumari Bank and NEPSE Seal Deal for Listing 10% KBL Debenture 2090


    Kumari Bank Limited (KBL) and the Nepal Stock Exchange (NEPSE) finalized an agreement today for the listing of “10% KBL Debenture 2090” (KBLD90).

    Under the terms of the agreement, 50,00,000 units of the debenture are set to be listed at a par value of Rs. 1000 per unit. The subscription period for the issue was open from the 2nd Kartik to the 13th Kartik in the year 2080.

    The commencement of share trading is expected to take place on Thursday. Nabil Investment Banking Limited served as the issue manager for this process, and in accordance with existing laws, the stocks were officially listed on NEPSE on the 22nd of Mangsir in the year 2080.

    As indicated by its name, the “10% KBL Debenture 2090” is a debenture with a maturity period of 10 years and a fixed coupon rate of 10%.

  • Himalayan Capital and NEPSE Ink Agreement for Listing ‘Himalayan 80-20’ Fund

    Himalayan Capital and NEPSE Ink Agreement for Listing ‘Himalayan 80-20’ Fund


    Today, representatives from Himalayan Capital Limited and the Nepal Stock Exchange (NEPSE) finalized an agreement for the listing of “Himalayan 80-20.”

    Under the terms of the agreement, 10,00,00,000 units of “Himalayan 80-20” are set to be listed at a par value of Rs. 10 per unit. The subscription period for the issue was open to the general public from the 32nd of Shrawan to the 15th of Bhadra in the year 2080 and subsequently extended to institutions.

    Trading for the shares is anticipated to commence on Thursday. “Himalayan 80-20” is categorized as a closed-end fund and will be traded on the NEPSE platform. Notably, the fund comes with a maturity period of 10 years.

     

  • NEPSE Records Modest Gain Amidst Stock Market Fluctuations: Sonapur Minerals Tops Turnover

    NEPSE Records Modest Gain Amidst Stock Market Fluctuations: Sonapur Minerals Tops Turnover


    The Nepal Stock Exchange (NEPSE) Index has recorded a modest gain of 2.60 points or 0.13% compared to the previous day’s closing, concluding at 1,988.04 points. In the preceding trading session, the index witnessed a more substantial increase of 36.86 points.

    The market commenced today with the index opening at 1990.36. It experienced fluctuations throughout the day, reaching an intraday low of 1,976.04 and reaching an intraday high of 2,017.22.

    During today’s trading activities, there were 292 different stocks involved in 81,451 transactions. The total volume of shares traded amounted to 12,095,539, resulting in a total turnover of Rs. 3.90 Arba. The market capitalization stood at Rs. 30.65 Kharba, with a float market capitalization of Rs. 10.68 Kharba.

    Sonapur Minerals And Oil Limited (SONA) emerged as the stock with the highest turnover, reaching Rs. 14.67 crores and closing at a market price of Rs. 359. Additionally, Bottlers Nepal (Balaju) Limited (BNL) experienced a positive circuit of 10%, followed by Molung Hydropower Company Limited (MHCL) at 9.98%, and Ghalemdi Hydro Limited (GHL) at 9.96%.

    Conversely, Kutheli Bukhari Small Hydropower Limited (KBSH) and Super Mai Hydropower Limited (SMH) faced the highest losses, with declines of 5.69% and 5.01%, respectively.

    Examining sector indices, four sectors closed in the red. The “Development Bank Index” observed the highest gain of 1.15%, while the “Hotels And Tourism Index” incurred a loss of 1.62%.

  • “NEPSE Records Volatile Trading Day: High Turnover, Notable Gains, and Losses in Latest Market Update”

    “NEPSE Records Volatile Trading Day: High Turnover, Notable Gains, and Losses in Latest Market Update”


    The Nepal Stock Exchange (NEPSE) Index recorded a decline of 15.40 points, equivalent to 0.78%, settling at 1,948.57 points compared to the previous day’s closing.

    In the preceding trading session, the market had witnessed an impressive 6% surge, prompting multiple trading halts and leading to the early closure of the market for the entire day. The total turnover on NEPSE reached a noteworthy Rs 48.24 Crores, concluding at 1,963.98 points with a substantial triple-digit gain of 111.20 points.

    The day commenced with the index opening at 1989.54, touching an intraday low of 1,928.76, and reaching an intraday high of 1,989.71.

    Throughout the day’s trading activities, 303 different stocks were involved in 109,918 transactions. The volume of shares traded totaled 14,698,517, resulting in a total turnover of Rs. 4.84 Arba, marking the highest turnover recorded in the past 5 and a half months. Notably, the market capitalization stood at Rs. 30.04 Kharba, with a float market capitalization of Rs. 10.49 Kharba.

    Sonapur Minerals And Oil Limited (SONA) emerged as the leader in turnover, reaching Rs. 25.15 crores and closing at a market price of Rs. 328.

    Additionally, Bottlers Nepal (Balaju) Limited (BNL), Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL), and Dolti Power Company Limited (DOLTI) displayed the highest gains at 10%, followed by Hathway Investment Nepal Limited (HATHY) with a gain of 9.90%.

    Conversely, Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) recorded the most significant loss of 7.15% on the day.

    In terms of sector indices, four sector indices closed positively, with the “Mutual Fund Index” registering the highest gain at 2.16%. On the other hand, the “Development Bank Index” experienced the most substantial loss, declining by 2.09%.

  • NEPSE Index Surges 0.63%, Registers Significant Gains with Notable Turnover

    NEPSE Index Surges 0.63%, Registers Significant Gains with Notable Turnover


    The Nepal Stock Exchange (NEPSE) Index recorded a significant increase of 11.73 points, equivalent to 0.63%, compared to the previous day’s closing, concluding at 1,852.77 points. In the preceding trading session, the index had witnessed a gain of 3.33 points.

    The day commenced with the index opening at 1840.42, marking an intraday low of 1,834.64 and reaching a peak at 1,861.22 during the course of trading.

    Throughout the day’s trading activities, a total of 299 different stocks were involved in 53,146 transactions. The trading volume reached 9,505,608 shares, leading to a total turnover of Rs. 2.79 Arba. The overall market capitalization was reported at Rs. 28.56 Kharba, with a float market capitalization of Rs. 9.96 Kharba.

    The stock with the highest turnover was Nepal Reinsurance Company Limited Promoter Share (NRICP), reaching a notable Rs. 86.83 crores.

    Among individual stocks, Trishuli Jal Vidhyut Company Limited (TVCL) demonstrated the highest gain at 10%, closely followed by Samaj Laghubittya Bittiya Sanstha Limited (SAMAJ) with a gain of 9.97%.

    However, Global IME Laghubitta Bittiya Sanstha Ltd. (GILB) experienced the most substantial loss, declining by 7.81% during the day.

    In terms of sector indices, with the exception of the “Trading Index,” all other sector indices concluded in positive territory. The “Non-Life Insurance Index” emerged as the top gainer, registering a gain of 2.11%. Conversely, the “Trading Index” witnessed a loss of 0.50%.

  • NEPSE Index Rebounds with a 0.18% Gain After Previous Session’s Decline

    NEPSE Index Rebounds with a 0.18% Gain After Previous Session’s Decline


    The Nepal Stock Exchange (NEPSE) Index closed with a gain of 3.33 points, equivalent to 0.18%, compared to the previous day’s closing, settling at 1,841.04 points. This follows a loss of 10.10 points recorded in the preceding trading session.

    The trading day commenced with the index opening at 1837.24, hitting an intraday low of 1,830.31, and reaching an intraday high of 1,841.80.

    Throughout today’s trading, 293 different stocks were exchanged in 34,971 transactions. The volume of shares traded amounted to 3,755,124, leading to a total turnover of Rs. 1.14 Arba. The market capitalization stood at Rs. 28.38 Kharba, with a float market capitalization of Rs. 9.90 Kharba.

    Reliable Nepal Life Insurance Limited (RNLI) recorded the highest turnover, reaching Rs. 73.44 crores, and closed at a market price of Rs. 488.10.

    Similarly, Global IME Laghubitta Bittiya Sanstha Ltd. (GILB) exhibited the highest gain of 10%, followed by Vijaya Laghubitta Bittiya Sanstha Ltd. (VLBS) with a gain of 8.07%.

    Conversely, Singati Hydro Energy Limited (SHEL) faced the highest loss of 9.13% during today’s trading.

    Regarding sector indices, 5 sector indices concluded in negative territory, with the Manufacturing and Processing index registering the most significant loss at 0.70%. Meanwhile, the Life Insurance Index recorded the highest gain, increasing by 1.21 percent.