The price of fine gold has dropped by Rs. 500 per tola, according to the latest update from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Currently, fine gold is trading at Rs. 1,18,000 per tola, down from yesterday’s closing rate of Rs. 1,18,500 per tola.
Similarly, Tejabi gold is now priced at Rs. 1,17,450 per tola, showing a decrease of Rs. 500 compared to yesterday’s closing price of Rs. 1,17,950 per tola.
The price of gold witnessed a decrease of Rs. 200 per tola today, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current trading rate for fine gold, as reported by FENEGOSIDA, is Rs. 1,18,600 per tola, reflecting a decline of Rs. 200 compared to the previous day’s trading price of Rs. 1,18,800 per tola.
Similarly, Tejabi gold is currently priced at Rs. 1,18,050 per tola, indicating a reduction of Rs. 200 from the previous day’s rate of Rs. 1,18,250 per tola.
In contrast to the changes in gold prices, the price of silver remains unchanged at Rs. 1,415 per tola.
The price of gold in Nepal has experienced a decrease of Rs. 500 per tola on the latest trading day. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, the current price of fine gold stands at Rs. 1,15,400 per tola. This marks a slight decline from the previous day’s rate, which was Rs. 1,15,900 per tola. In parallel, Tejabi gold is now being traded at Rs. 1,14,850, representing a decrease from yesterday when it was priced at Rs. 115,350 per tola.
In contrast to the fluctuations in the gold market, the price of silver has remained stable at Rs. 1,415 per tola in Nepal.
On the global scale, the current price of gold is at USD $1,983.30, while silver is trading at $23.12 per ounce.
Upper Tamakoshi Hydropower Company’s attempt to issue 100% right shares didn’t get full support from its shareholders. The company aimed to boost its paid-up capital through this offering.
They offered existing shareholders a 1:1 ratio of right shares, each valued at Rs. 100. Shareholders could subscribe from the 18th of Bhadra to the 22nd of Ashwin, 2080. A total of 105,900,000 right shares, worth Rs. 10.59 Arba, were available. If successful, this would have increased the company’s paid-up capital to Rs. 21.18 Arba.
The NEPSE index ended the day at 2,076.96, experiencing a slight decrease of 0.80 points or 0.04% compared to the previous closing. Yesterday, the index had gained 28.38 points. The trading day started with an opening value of 2,081.75 and reached a high of 2,102.09, while the lowest point was 2,067.85 before settling at 2,076.96 by the end of the day. Throughout the day, there were 65,317 transactions involving 293 scrips. The total turnover amounted to Rs. 3.79 Arba, which is higher than the previous day’s turnover of Rs. 3.04 Crores.
During the past week, the NEPSE (Nepal Stock Exchange) index experienced a significant decline, closing at 2049.38 after a loss of 101.61 points, equivalent to a 4.72% decrease. In comparison, the index had closed at 2,150.99 the previous week, registering a gain of 4.64% from the week before that.
Throughout the week, the index reached its highest point at 2,158.83, but also dipped to its lowest point at 2,033.59, indicating a considerable volatility of 125.24 points. Comparatively, the previous week had witnessed a slightly higher volatility of 147.56 points.
In summary, the NEPSE index experienced a notable downturn during the week, resulting in a significant loss of points. The index displayed fluctuations between its highest and lowest points, demonstrating a level of volatility that was slightly lower than the previous week.
The NEPSE index had a downward trend and closed at 2,075.97 points, experiencing a loss of 21.32 points or 1.02% from the previous day. It had dropped significantly by 53.70 points in the preceding session.
Despite starting on a hopeful note at 2,096.72 points, the index faced fluctuations throughout the day. It reached a high of 2,113.74 points but also dipped to a low of 2,069.60 points before settling at the closing figure.
Trading activity remained active, with 276 scrips traded through 64,868 transactions. A total of 9,418,952 shares were traded, resulting in a turnover of Rs. 4.05 Arba. Although lower than the previous day’s turnover of Rs. 5.08 Arba, the market maintained a reasonable level of liquidity.
Himalayan Life Insurance Limited (HLI) was the most actively traded stock, with a turnover of Rs. 23.94 crores and a market price of Rs. 532 per share.
Laxmi Equity Fund (LEMF) experienced the most significant decrease, losing 8.95% of its value.
Among the sector indices, only the “Hotel and Tourism” sector had gains, growing by 2.07%. On the other hand, the “Life Insurance” sector saw the largest decline of 1.83%. This indicates varying performance across sectors, with the Hotel and Tourism sector showing strength while the Life Insurance sector faced setbacks.
This week, the Nepal Stock Exchange (NEPSE) had only four trading days as Monday was a holiday due to Republic Day. At the end of the week, the NEPSE index closed at 1,866.34, experiencing a loss of 92.78 points or -4.74%. In the previous week, the index had closed at 1,959.12, showing a gain of 4.36% compared to the week before.
Throughout the week, the NEPSE index reached a high of 1,977.36 and a low of 1,837.43, indicating a volatility of 139.93 points. In the previous week, the volatility was 96.44 points. The largest intraday gain occurred on Tuesday, with an increase of 53.16 points and a turnover of Rs. 2.3 Arba. The total turnover for the week amounted to Rs. 8.95 Arba. In terms of trading volume, more than 2.89 crore unit shares were traded through 155,123 transactions.
The current market capitalization of NEPSE stands at Rs. 2,74,651.40 million, which is equivalent to Rs. 27.24 Kharba. Despite the shortened trading week, the NEPSE experienced fluctuations and ended with a significant decrease in its index value.
The NEPSE Index, the stock market index of Nepal, concluded the week at a level of 1,838.59, representing a loss of 31.14 points or 1.67%. This decrease follows a similar 1.67% decline from the previous week when the index closed at 1,869.73.
Throughout the week, the index displayed volatility, with a high of 1,872.22 and a low of 1,825.83. This indicates a range of 37.68 points, which is slightly lower than the 46.39 points of volatility observed in the previous week.
Analyzing the trend data on daily charts, it is evident that both the short-term and mid-term trends are downward. Each day, the index has been making lower lows, indicating a bearish market sentiment prevailing in the market.
On Tuesday, there was a notable intraday gain of 10.67 points, accompanied by a turnover of Rs 0.77 Arba. However, the total turnover for the week amounted to Rs 3.25 Arba, indicating moderate trading activity.
Overall, the NEPSE Index experienced a downward trend during the week, characterized by volatility and declining values. Investors witnessed a bearish market sentiment with the index consistently making lower lows.
This week’s NEPSE index finished at 1,889.76, a decrease of 14.64 points (0.77%). Last week, the index finished at 1,893.33, down 1.55% from the previous week.
This week, the index reached a high of 1,913.05 and a low of 1875.37, resulting in a volatility of 37.68 points. The prior week’s volatility on the index was 51.52 points.
This week’s NEPSE index closed at 1,866.79, a loss of 41.76 points (2.19%). Last week, the index closed at 1,908.55, down 0.34% from the previous week.
This week, the index reached a high of 1,928.66 and a low of 1856.69, resulting in 71.97 points of volatility. In the previous week, the index experienced 71.44 points of volatility.
The NEPSE index closed at 1,933.29 today, down 15.76 points from the previous trading day’s close. This represents a 0.81% decrease. This Monday, the index rose 22.65 points.
The index opened today at 1,952.19 and reached an intraday high of 1,962.94. In contrast, it dropped as low as 1,929.49 before closing at 1,933.29.
Through 30,485 transactions, 266 scrips changed hands. A total of 3,777,400 shares were traded, totaling Rs. 1.333 Arba in turnover. This is more than the previous day’s turnover of Rs. 1.298 Arba.