Tag: Index

  • NEPSE Index Reports Slight Dip Amidst Mixed Sector Performance: Key Highlights from Today’s Trading

    NEPSE Index Reports Slight Dip Amidst Mixed Sector Performance: Key Highlights from Today’s Trading


    The Nepal Stock Exchange (NEPSE) Index closed with a marginal loss of 2.48 points or 0.11% compared to the previous day’s closing, settling at 2,108.72 points, following a notable gain of 58.58 points in the preceding trading session.

    Trading activities commenced with the index opening at 2,123.91, touching an intraday low of 2,093.89, and reaching an intraday high of 2,124.08, with the latter serving as the closing figure for the day.

    Throughout today’s trading, a total of 310 different stocks were exchanged through 73,506 transactions. The volume of shares traded amounted to 10,889,634 with a total turnover of Rs. 4.24 Arba. Market capitalization stood at Rs. 33.14 Kharba, with a float market capitalization of Rs. 11.28 Kharba.

    SHIVAM CEMENTS LTD (SHIVM) led in terms of turnover, reaching Rs. 25.53 crores and closing at a market price of Rs. 548.10.

    Notably, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) emerged as the top performer, exhibiting the highest gain of 9.99%, closely followed by Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) with a gain of 9.58%. Conversely, Upper Tamakoshi Hydropower Ltd (UPPER) experienced the highest loss, totaling 10%.

    In sector indices, all six sector indices closed in positive territory today. The “Finance Index” recorded the highest gain of 2.32%, while the “Hotels And Tourism Index” witnessed a loss of 1.14%. This mixed performance across sectors reflects the varied market sentiment and activity observed during the trading session.

  • NEPSE Index Surges 2.85%: Finance Ministry’s Commitment Boosts Confidence in Nepalese Stock Market

    NEPSE Index Surges 2.85%: Finance Ministry’s Commitment Boosts Confidence in Nepalese Stock Market


    The Nepal Stock Exchange (NEPSE) Index demonstrated a noteworthy surge, gaining 58.58 points or 2.85% compared to the previous day’s closing, concluding at 2,111.24 points. In the preceding trading session, the index had also experienced a positive trend, accumulating a gain of 22.10 points. The day’s trading activities commenced with the index opening at 2,065.63, touching an intraday low of 2,064.08, and reaching an intraday high of 2,111.24, ultimately settling at this peak as the closing figure.

    Acknowledging the pivotal role of the stock market in the nation’s economic development, the Finance Ministry emphasized the necessity for a collective effort to address prevailing issues and expedite initiatives. The unwavering commitment of the finance minister towards enhancing the stock market has created a positive atmosphere, fostering growth and confidence within the sector.

    In the course of today’s trading, a total of 305 different stocks were exchanged through 82,746 transactions. The volume of shares traded amounted to 10,609,597 with a total turnover of Rs. 4.55 Arba. The market capitalization stood at Rs. 33.18 Kharba, with a float market capitalization of Rs. 11.30 Kharba.

    SHIVAM CEMENTS LTD (SHIVM) emerged as the top performer in terms of turnover, reaching Rs. 37.19 crores and closing at a market price of Rs. 554.

    Five companies experienced a positive circuit today, contributing to the overall optimistic market sentiment. On the contrary, Himalayan 80-20 (H8020) recorded the highest loss of 2.57%, followed by Molung Hydropower Company Limited (MHCL) with a loss of 2.53%.

    Notably, all sector indices concluded in the green, with the “Life Insurance Index” leading the pack with the highest gain of 5.44%, while the “HydroPower Index” recorded the least gain at 0.99%. This robust performance across various sectors reflects a positive trajectory in the Nepalese stock market.

  • NEPSE Temporarily Suspends Trading as Benchmark Index Surges 4.04%

    NEPSE Temporarily Suspends Trading as Benchmark Index Surges 4.04%


    The Nepal Stock Exchange Limited (NEPSE) encountered a rapid surge, witnessing a significant 4.04% increase within the initial three minutes of the market opening today, reaching a level of 2,039.60 points. This substantial rise prompted NEPSE to implement a temporary suspension of its operations. The total turnover during this brief period amounted to 14.8 Crore. The market is scheduled to resume at 11:23 AM.

    NEPSE employs an Index-based Circuit Breaker system to manage extreme market movements, with triggers set at 4%, 5%, and 6% in either direction. These circuit breakers are designed to instigate trading halts across all equities, serving to maintain stability and prevent excessive volatility.

    Specifically, a 4% movement in either direction results in a 20-minute trading halt if it occurs during the first hour of trading (before 12:00 hours). However, if this movement takes place after 12:00 hours, there will be no trading halt, and normal market operations will continue.

    A 5% movement triggers a 40-minute trading halt if it occurs before 13:00 hours. In case the movement happens after 13:00 hours, there will be no trading halt at this level, and the market will resume its trading activities.

    A 6% movement, in either direction, leads to a complete trading halt for the remainder of the day. These measures are in place to ensure a systematic approach to handling market fluctuations and safeguarding against extreme volatility.

  • NEPSE Index Drops 1.31% to 2,034.82; HRL Leads in Turnover

    NEPSE Index Drops 1.31% to 2,034.82; HRL Leads in Turnover


    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.

     

  • NEPSE Index Rises 15.33 Points as Interest Rates Decline; Investors Anticipate Monetary Policy

    NEPSE Index Rises 15.33 Points as Interest Rates Decline; Investors Anticipate Monetary Policy


    The Nepal Stock Exchange (NEPSE) Index gained 15.33 points, or 0.73%, closing at 2,101.16 points, rebounding from the previous day’s loss of 10.50 points. Today’s trading began with the index opening at 2,085.81, hitting a low of 2,081.81, and peaking at 2,103.91.

    Throughout the trading session, 314 different stocks were traded in 75,105 transactions. The volume of shares exchanged totaled 10,108,122, with a turnover of Rs. 3.58 Arba. Market capitalization stood at Rs. 33.02 Kharba, with a float market capitalization of Rs. 11.33 Kharba.

     

  • NEPSE Up by 14.57 Points, Intraday Turnover Drops; Other Indices Gain 4.68%

    NEPSE Up by 14.57 Points, Intraday Turnover Drops; Other Indices Gain 4.68%


    The NEPSE Index experienced a positive movement, gaining 14.57 points or 0.70% from the previous day, closing at 2,076.27 points. In contrast, the day before had witnessed a decline of 5.31 points.

    The market kicked off today with the index opening at 2,063.93. Throughout the day, it fluctuated, hitting a low of 2,060.55 and reaching a peak at 2,084.80.

     

     

  • Nepal Stock Exchange: Small Dip, Some Gains, and Sector Highlights

    Nepal Stock Exchange: Small Dip, Some Gains, and Sector Highlights


    The Nepal Stock Exchange (NEPSE) Index concluded with a marginal loss of 0.40 points or 0.01% compared to the previous day, settling at 2,098.29 points. In the preceding trading session, the index had faced a more substantial loss of 31.49 points. The day commenced with the index opening at 2,096.99 and fluctuated throughout, hitting an intraday low of 2,087.22 and reaching a peak at 2,112.15.

    During today’s trading activities, 310 different stocks were traded in a total of 117,566 transactions. The volume of shares exchanged amounted to 11,801,360, with a total turnover of Rs. 4.29 Arba. The market capitalization was recorded at Rs. 32.95 Kharba, while the float market capitalization stood at Rs. 11.36 Kharba.

    Himalayan Reinsurance Limited (HRL) led in turnover, achieving Rs. 55.09 crore and concluding the day with a market price of Rs. 659. Meanwhile, Chandragiri Hills Limited (CGH) experienced the highest gain of 10%, followed closely by Nepal Lube Oil Limited (NLO) with a gain of 9.99%. On the other hand, Mid Solu Hydropower Limited (MSHL) faced the most significant loss of 6.20%.

    In terms of sector indices, six sectors closed positively today. The “Hotel & Tourism Index” stood out with the highest gain of 4.74%, while the “Trading Index” witnessed a loss of 0.86%.

  • NEPSE Index Gains 1.00%, Led by Strong Performances in Various Sectors

    NEPSE Index Gains 1.00%, Led by Strong Performances in Various Sectors


    The Nepal Stock Exchange (NEPSE) Index displayed a positive trend, registering a gain of 20.62 points or 1.00% compared to the previous day’s closing, concluding at 2,080.12 points. This follows a previous trading day where the index experienced a gain of 36.57 points.

    The market opened today with the index starting at 2063.56, fluctuating between an intraday low of 2,063.42 and reaching an intraday high of 2,098.04.

    In the course of today’s trading activities, a diverse range of 309 stocks were traded in 104,619 transactions. The total volume of shares traded amounted to 17,949,562, with an overall turnover of Rs. 6.11 Arba. The market capitalization stood at Rs. 32.67 Kharba, with a float market capitalization of Rs. 11.28 Kharba.

    Sonapur Minerals And Oil Limited (SONA) emerged as the leader in turnover, reaching Rs. 21.49 crores and closing at a market price of Rs. 493.

    Similarly, ten companies experienced positive circuit movements during the day. Conversely, Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) faced the highest loss, amounting to 8.19%.

    In terms of sector indices, only three sectors closed in the red today. Notably, the “Development Bank Index” displayed the most substantial gain of 5.21%, while the “Hydropower Index” recorded a marginal loss of 0.45%.

  • NEPSE Index Surges by 1.80% in Today’s Trading: Positive Momentum and Notable Market Highlights

    NEPSE Index Surges by 1.80% in Today’s Trading: Positive Momentum and Notable Market Highlights


    The Nepal Stock Exchange (NEPSE) Index witnessed a notable gain of 36.57 points, equivalent to 1.80%, compared to the previous day’s closing, concluding at 2,059.49 points. This positive momentum follows a loss of 26.36 points in the previous trading session. The day started with the index opening at 2025.89, touching an intraday low of 2,025.62, and reaching an intraday high of 2,059.66.

    During today’s trading, a total of 309 different stocks were traded in 99,524 transactions, with a trading volume of 13,709,276 shares and a total turnover of Rs. 4.67 Arba. The market capitalization stood at Rs. 32.00 Kharba, accompanied by a float market capitalization of Rs. 11.06 Kharba.

    Sonapur Minerals And Oil Limited (SONA) led in terms of turnover, reaching Rs. 21.84 crores and closing at a market price of Rs. 506.

    Six companies experienced a positive circuit for the day, contributing to the market’s overall upward trend. Conversely, Narayani Development Bank Limited (NABBC) incurred the highest loss, amounting to 5.46%.

    In the sector indices, with the exception of the “Mutual Fund Index,” all sectors closed in the green. The “Life Insurance Index” saw the most significant gain, surging by 3.72%, while the “Mutual Fund Index” saw a marginal loss of 0.01%.

  • Nepal Stock Exchange: Market Update with Marginal Losses and Notable Performers

    Nepal Stock Exchange: Market Update with Marginal Losses and Notable Performers


    The Nepal Stock Exchange (NEPSE) Index recorded a marginal loss of 1.93 points, equivalent to 0.09% compared to the previous day’s closing, settling at 2,068.90 points. This follows a significant double-digit loss of 17.23 points in the preceding trading session.

    The day’s trading activities commenced with the index opening at 2,072.09. It experienced fluctuations throughout the session, touching an intraday low of 2,059.49 and reaching an intraday high of 2,085.36.

    During the course of today’s trading, a total of 303 different stocks were exchanged through 101,504 transactions. The volume of shares traded amounted to 11,658,110, with a total turnover of Rs. 4.29 Arba. The market capitalization stood at Rs. 32.13 Kharba, with a float market capitalization of Rs. 11.10 Kharba.

    Sonapur Minerals And Oil Limited (SONA) emerged as the top performer in terms of turnover, reaching Rs. 14.38 crores and concluding at a market price of Rs. 454.10.

    The day’s highest gainer was Vision Lumbini Urja Company Limited (VLUCL), witnessing a growth of 10%. Following closely were Chirkhwa Hydropower Limited (CKHL), Hathway Investment Nepal Limited (HATHY) at 9.99%, and MEHL, MKCL at 9.98% each.

    Conversely, Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) and BPW Laghubitta Bittiya Sanstha Limited (BPW) experienced the most significant loss of 10%.

    Examining sector indices, only six sectors closed positively on this trading day. The “Manufacturing And Processing” sector observed the highest gain of 1.29%, while the “Trading Index” registered a loss of 1.71%.

  • Nepal Stock Exchange (NEPSE) Witnesses Significant Surge: A Comprehensive Analysis of Market Trends and Sector Performances

    Nepal Stock Exchange (NEPSE) Witnesses Significant Surge: A Comprehensive Analysis of Market Trends and Sector Performances


    In recent weeks, the Nepal Stock Exchange (NEPSE) has witnessed a substantial upward trend, particularly following the first quarterly monetary policy review on Mangir 22. Over the past eight trading days, the NEPSE Index has notably risen from the 1800 levels to the 2100 levels, marking a significant gain of 253.68 points.

    This surge is attributed to the revision in the risk weight assigned to real estate by banks and financial institutions. The risk weight for all types of real estate held by these entities has been reduced, instilling increased confidence among investors. Notably, the risk associated with share mortgage loans exceeding Rs. 50 lakh has also been lowered, further stimulating market sentiments.

    The recent adjustments in interest rates, as outlined in the Nepal Rastra Bank (NRB) monetary policy review, have also played a pivotal role in the NEPSE surge. Reductions in the bank rate, policy rate, and adjustments in deposit collection rates have contributed to a favorable economic environment, fostering investor optimism.

    Another contributing factor is the decrease in the Credit-Deposit (CD) ratio to 79, triggering a sense of Fear of Missing Out (FOMO) among investors. This sentiment has driven a surge in market activity as investors seek to capitalize on potential buying opportunities.

    Examining the one-month performance of the NEPSE Index and its sub-indices reveals a robust increase of 13.65%, accompanied by a remarkable 401.24% positive change in turnover values. Notably, the Hotels and Tourism Index experienced the most substantial positive shift, surging by 23.64%. Other sectors such as Hydropower, Investment, and Life Insurance also witnessed significant upswings.

    Delving into the sector-wise performance of the top five companies in each sector that exhibited the most substantial gains over the past month provides a comprehensive overview of the market dynamics.

    In the Banking Index, Everest Bank emerged as the frontrunner with a surge of 18.21%, reflecting positive shifts in the banking sector. Similarly, Karnali Development Bank led the Development Bank Index with a remarkable upswing of 35.67%. In the Finance Companies sector, Reliance Finance took the lead with a surge of 28.23%.

    City Hotels showcased a noteworthy surge of 34.06% in the Hotels and Tourism Index, emphasizing the resilience and growth potential within the hospitality sector. Molung Hydropower Company led the Hydropower Index with a remarkable surge of 96.37%, underlining the positive momentum in the hydropower industry.

    Hathway Investment, a newly listed company in the Investment Index, demonstrated an exceptional surge of 131.18%, showcasing the potential of newly listed entities. Reliable Nepal Life Insurance Company led the Life Insurance Index with a notable surge of 42.17%.

    In the Manufacturing and Processing Index, Bottlers Nepal Limited (Terai) exhibited an impressive surge of 94.85%, underscoring growth in the manufacturing sector. Samaj Laghubitta Bittiya Sanstha demonstrated an extraordinary surge of 751.78% in the Microfinance Index.

    Citizens Mutual Fund 2 showcased the highest surge in the Mutual Fund category, marking an impressive increase of 19.71%. Sanima GIC Insurance took the lead in the Non-Life Insurance Index with a surge of 34.69%.

    Nepal Republic Media exhibited the highest surge in the Others Index, emphasizing positive shifts in media companies. Salt Trading Company led the Trading Index with a growth of 10%.

    These performance indicators across various sectors underscore the dynamic nature of the Nepalese stock market, reflecting positive investor sentiment and market activity.

  • NEPSE Faces Challenges: Technical Glitch and Consecutive Declines Mark Trading Day

    NEPSE Faces Challenges: Technical Glitch and Consecutive Declines Mark Trading Day


    Due to technical difficulties arising from a power outage impacting the NEPSE system, trading on the Nepal Stock Exchange (NEPSE) experienced a delay of 24 minutes, ultimately leading to an early market closure at 3:24 pm instead of the usual closing time. This interruption occurred on the third consecutive day of declining trends in the NEPSE index, initiated earlier in the week.

    The NEPSE index recorded a loss of 17.93 points, or 0.94%, settling at 1,876.60 points for the day. The trading session commenced at 11:24 am, with an opening index of 1894.79. Throughout the day, the index fluctuated, reaching an intraday low of 1,871.93 and a high of 1,907.07.

    In today’s session, 286 different stocks were traded in 34,747 transactions, with a total turnover of Rs. 1.23 arba and a float market capitalization of Rs. 10.08 Kharba. The market capitalization stood at Rs. 28.93 Kharba.

    Sonapur Minerals And Oil Limited (SONA) led in turnover for the fourth consecutive day, finishing at a market price of Rs. 295.50 with a turnover of Rs. 6.28 crores.

    While Vijaya laghubitta Bittiya Sanstha Ltd. (VLBS) emerged as the highest gainer at 9.88%, Buddha Bhumi Nepal Hydropower Company Limited (BNHC) experienced the most significant loss of 9.98%. Among the sector indices, only the “Others Index” saw a gain of 0.16%, with the “Manufacturing And Processing” index encountering a loss of 2.13%.

    The NEPSE Board continues to grapple with challenges, including power-related disruptions and consecutive days of declining market performance, prompting anticipation and scrutiny from market participants.