On the first trading day of the week, the Nepal Stock Exchange (NEPSE) saw a drop, with the index falling by 27.21 points or 1.31% compared to the previous day, closing at 2,034.82 points. This continues a trend from the previous Thursday when the index went down by 14.46 points.
Starting today’s trading, the market opened at 2,060.68, reaching a high of 2,062.32 during the day and a low of 2,030.29. Ultimately, it ended at 2,034.82 levels.
Yo HRL aba bechda hunchha ki ajhai badchha? Hold garda thik hola ki sell vandinu na
View on r/NepalStock by Objective-intro-966
Experience the thrill of Nepal’s stock market as the Nepal Stock Exchange (NEPSE) Index showcases a remarkable gain of 10.26 points, equivalent to 0.48%, settling at an impressive 2,104.72 points, surpassing the previous day’s closing. Reflecting a resilient market, the day commenced with an opening index of 2,097.48, navigating through an intraday low of 2,097.23 before soaring to an intraday high of 2,114.79. This dynamic performance underscores the vibrancy and potential for investors seeking opportunities in the ever-evolving landscape of NEPSE.
Been tracking hrl all day, demand-sell and the actual volumes traded today does not make sense, am i mistaken?
https://preview.redd.it/lvggie9wgrdc1.png?width=364&format=png&auto=webp&s=ffcc4e455cb66c6479c77d128b9953dd96c0aba9
View on r/NepalStock by Chris_SLM
55 KO broker le utha uthei cha teyti high buying price ma and you’re thinking he will dump at 650 level?
But still he can sold at 700 or 750 and book profit there kinaki quantity pailai high x 750 ma bechda ni uslai gain aii halcha tunnako
But there is a condition: hrl aili falni ho vaney market negative dekhincha, which will break the retailers sentiment so as hrl is high cap they will not be throwing hrl now (as far I have researched)
So be aware and also be ready to gain pocket Bhar Bhar k
Ps: not telling anyone to buy hrl I am talking in behalf of iPo parya Ka sathi haru
View on r/NepalStock by Internal_Screen_1682
What’s your view ??? Maile ta 620.3 ma approx. 10% beche (15/110)…
View on r/NepalStock by sapiens_dot_exe
I dont think it will stop anytime soon as the demand keeps increasing with only 30k – 40k supply out of 2+crore units
View on r/NepalStock by Rhythm_Thapa
POV: A CA Aspirant ( 3rd year).
Himalayan Reinsurance Limited is a newly listed IPO whose capital is as below:
1. Promoter : 70,000,000
2. Public : 30,000,000
Only the public shares are tradeable atm in the stock exchange. The maximum shares a retailer was allotted was 180 (foreign) and minimum was 10 (general). All the tradeable shares are in the hands of the retail traders.
Let’s look at the volume trades so far.
1. 8 Jan 2024 1st day – 30,866
2. 9 Jan 2024 2nd day- 10,699
3. 10 Jan 2024 3rd day – 17,000
4. 11 Jan 2024 4th day – 37,455
These volumes are small compared to the listed size.
These all factors indicate that the retailers have the sentiment of ” Hold is gold”. It’s direct competitor is Nepal Reinsurance Company whose LTP is 661.40.
Further second quarter of FY 2080-81 is about to end and there is a strong probability of lower interest rate from commercial banks that discourages people to save money (even in FDs.). Monetary review might also give favorable environment for stock market as the Government is in need of money and capital gain tax is a great source of revenue.
Hydropower sector has also signaled the possibility of break through and bull run.
“Game Stop” stock market is a great example that retail traders can win over institutional investors.
So I suggest retailers to hold the shares of HRL.
View on r/NepalStock by Isurugi_Noe