Tag: Sectors

  • NEPSE Records 1.43% Decline: Market Overview, Top Gainers, and Losers

    NEPSE Records 1.43% Decline: Market Overview, Top Gainers, and Losers


    The Nepal Stock Exchange (NEPSE) Index witnessed a decline of 28.68 points or 1.43% compared to the previous day’s closing, settling at 1,972.09 points. This followed a loss of 0.87 points in the preceding trading session. The market opened at 2,001.02, reaching an intraday high of 2,007.57 and hitting a low of 1,970.04.

    Throughout today’s trading session, a total of 309 different stocks were traded in 48,349 transactions. The volume of shares exchanged reached 7,446,991, contributing to a turnover of Rs. 2.59 Arba. The market capitalization was reported at Rs. 30.99 Kharba, with a float market capitalization of Rs. 10.58 Kharba.

    Sonapur Minerals And Oil Limited (SONA) took the lead in turnover, accumulating Rs. 11.13 crores and concluding the day with a market price of Rs. 440.00.

    Among the notable performers, Bottlers Nepal (Balaju) Limited (BNL) emerged as today’s highest gainer, experiencing a 10% increase. Following closely, Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) demonstrated a gain of 9.86%.

    On the contrary, Joshi Hydropower Development Company Ltd (JOSHI) faced the most significant loss of 10%.

    In the sectoral analysis, all sectors closed in the red today, with the “Finance Index” marking the highest loss at 3.21%, while the “Mutual Fund Index” recorded the least loss at 0.36%.

  • NEPSE Index Reports 1.45% Loss: Market Recap and Top Performers

    NEPSE Index Reports 1.45% Loss: Market Recap and Top Performers


    The Nepal Stock Exchange (NEPSE) Index concluded with a loss of 30.05 points, equivalent to 1.45%, compared to the previous day’s closing, settling at 2,030.10 points. In the preceding trading session, the index had experienced a loss of 8.75 points.

    Today’s market activity began with the index opening at 2,060.47. Throughout the day, it fluctuated, reaching an intraday low of 2,024.14 and achieving an intraday high of 2,061.92.

    During the day’s trading, a total of 305 different stocks were traded in 85,435 transactions. The volume of shares exchanged amounted to 11,185,712, with a cumulative turnover of Rs. 4.04 Arba. The market capitalization was recorded at Rs. 31.53 Kharba, with a float market capitalization of Rs. 10.89 Kharba.

    SHIVAM CEMENTS LTD (SHIVM) stood out with the highest turnover, reaching Rs. 16.11 crores, closing at a market price of Rs. 575.

    In terms of gains, Chirkhwa Hydropower Limited (CKHL) led with a 10% increase, followed by Muktinath Krishi Company Limited (MKCL) at 9.98% and Nepal Warehousing Company Limited (NWCL) at 9.97%.

    On the downside, Himalayan Hydropower Limited (HHL) experienced the most significant loss of 10%.

    In the sector indices, all sectors closed in the red. The “Hotels And Tourism Index” witnessed the highest loss at 3.21%, while the “Investment Index” incurred the least loss at 0.19%.

  • 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 Index Records 0.63% Loss in Pre-Tihar Trading Session

    NEPSE Index Records 0.63% Loss in Pre-Tihar Trading Session


    The Nepal Stock Exchange (NEPSE) Index wrapped up the trading day with a decline of 11.85 points, representing a 0.63% decrease compared to the previous day’s closing figure. It’s worth noting that the previous trading session had witnessed a gain of 5.17 points for the index.

    The trading day kicked off with the index opening at 1,864.4 points. It experienced fluctuations during the day, reaching an intraday low of 1,847.85 points and an intraday high of 1,866.93 points.

    Today’s trading session involved 27,845 trades, encompassing 282 different stocks. The total turnover for the day amounted to Rs. 83.60 crore, with a total of 2,833,731 units of shares being exchanged. The market capitalization reached Rs. 28.53 Kharba, with a float market capitalization of Rs. 9.96 Kharba.

    Sonapur Minerals And Oil Limited (SONA) emerged as the stock with the highest turnover, amounting to Rs. 7.70 crores, while Sayapatri Hydropower Limited (SPHL) secured the title of the day’s biggest gainer with an increase of 6.96%. On the flip side, Mountain Energy Nepal Limited (MEN) suffered the most significant loss, declining by 6.58%.

    In terms of sector performance, all sector indices concluded the trading day in negative territory as the market closed for the Tihar break. The “Others Index” experienced the most substantial loss of 1.55%, while the “Trading Index” recorded the least loss, standing at 0.14%.

  • NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors

    NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors


    The Nepal Stock Exchange (NEPSE) Index concluded the day at 1,864.40 points, recording a decline of 14.29 points, or 0.76%, compared to the previous day’s closing. The index had made a slight gain of 3.04 points during the last trading session.

    The trading day began with the index opening at 1,878.29, reaching an intraday low of 1,860.47, and touching an intraday high of 1,878.98.

    Throughout today’s trading activities, a total of 286 different stocks were traded in 25,625 transactions. The volume of shares traded amounted to 2,258,187 units, with a cumulative turnover of Rs. 57.14 Crore. The market capitalization stood at Rs. 28.71 Kharba, and the float market capitalization was at Rs. 10.07 Kharba.

    SuryaJyoti Life Insurance Company Limited (SJLIC) had the highest turnover for the day, with a trading value of Rs. 1.70 crores, and it closed at a market price of Rs. 480.

    Similarly, Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) exhibited the most significant gain, with a rise of 6.05% in its value during today’s trading.

    On the other hand, Sonapur Minerals And Oil Limited (SONA) experienced the most substantial loss, declining by 9.98% today. The stock entered a negative circuit for three consecutive days, resulting in this decline in its trading value.

    In terms of sector indices, all sectors closed in the red. The “Life Insurance” sector saw the most significant loss, with a decrease of 1.46%, while the “Others Index” recorded the smallest loss of 0.26% for the day.

  • What are good sectors to invest in right now?

    What are good sectors to invest in right now?


    – Micro finance profits are heavily down – average of 40%.

    – Commercial banks profit are also going to be significantly impacted from spread rate (if I am not mistaken)

    – Finance – too risky?

    – Hydro – don’t know enough.

    Are there good sectors or companies that you feel are good to invest. Let’s discuss.

    DOYR is great but discussion is also equally important.

    View on r/NepalStock by roshamns

  • “NEPSE Drops 52.11 Points in 2 Consecutive Days, All Sectors Finish in the Red”

    “NEPSE Drops 52.11 Points in 2 Consecutive Days, All Sectors Finish in the Red”


     

    In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 2,025.12 points, showing a decrease of 20.31 points or 0.99% compared to yesterday’s close. The index had suffered a loss of 31.80 points during the previous trading session.

    The trading day began with the index starting at 2,044.75 points. However, the market went down to a lowest point of 2,014.00 points within the day, eventually settling at the closing value of 2,025.12 points.

     

  • “NEPSE Index Surges 63 Points to Reach 14-Month High, All Sectors Close in Green”

    “NEPSE Index Surges 63 Points to Reach 14-Month High, All Sectors Close in Green”


     

    In today’s exciting trading session, the Nepal Stock Exchange (NEPSE) Index had a significant gain of 63.24 points or 2.92% compared to yesterday’s closing. It closed at 2,227.16 points, which is the highest in almost 14 months. The session started at 2,166.47 and reached a peak of 2,228.18 before settling at the closing value. This surge followed a minor loss on Thursday and marks a positive trend in the market.

     

  • “NEPSE Starts the Week Strong with 1.38% Gain; All Sectors Close in the Green”

    “NEPSE Starts the Week Strong with 1.38% Gain; All Sectors Close in the Green”


     

    Today, the NEPSE index had a positive trading session, closing at 2,077.76. It gained 28.38 points, representing a 1.38% increase compared to the previous trading day. On Thursday, the index experienced a small loss of 0.06 points.

    The day started with the index opening at 2,050.36 and reaching a low of 2,049.69. However, it later climbed to a high of 2,085.23 before settling at the closing value of 2,077.76.

    During the trading session, a total of 287 scrips were traded through 73,446 transactions. The total shares exchanged amounted to 8,352,576, with a turnover of Rs. 3.04 Arba. Although the turnover was slightly lower than the previous trading day’s Rs. 3.07 Crores, it was still a significant amount.

  • NEPSE Closes with 0.61% Gain, All Sectors Green

    NEPSE Closes with 0.61% Gain, All Sectors Green


     

    Today, the NEPSE index, which measures the performance of the Nepalese stock market, closed at 2,088.70 points. It gained 12.73 points compared to the previous trading day, resulting in a 0.61% increase. Yesterday, the index had experienced a loss of 21.32 points.

    The trading day started with an opening index value of 2,079.42. Throughout the day, the index reached its highest point at 2,104.38 and its lowest point at 2,067.22 before settling at 2,088.70 at the end of trading.

    A total of 282 different scrips were traded, and there were 46,731 transactions. In terms of shares, a total of 6,450,934 were exchanged, equivalent to a turnover of Rs. 2.57 Arba. However, this turnover amount is lower than the previous trading day’s turnover of Rs. 4.05 Arba.

     

  • NEPSE Index Surges by 2.09% with Record Turnover, All Sectors in Green

    NEPSE Index Surges by 2.09% with Record Turnover, All Sectors in Green


    The NEPSE index experienced significant gains today, closing at 1,980.09 points, which is an increase of 40.48 points from the previous trading day’s closing. This represents a gain of 2.09% in the overall index value. Last Thursday, the index had gained 7.27 points.

    The trading day started with the index opening at 1,941.52 points and reaching its lowest point at 1,941.24 points. However, it climbed as high as 1,983.98 points before settling at 1,980.09 points at the close of trading.

    During the day, a total of 275 scrips were traded through 61,450 transactions. The shares exchanged amounted to 9,528,255, with a turnover value of Rs. 3.45 Arba. This represents an increase compared to the previous trading day’s turnover of Rs. 2.305 Arba. Notably, this is the highest turnover observed in the last four months, since February 8, 2023, when the turnover amounted to Rs. 3.69 Arba.

    Among the traded shares, Citizen Investment Trust (CIT) had the highest turnover of Rs. 11.47 crores, closing at a market price of Rs. 2,458 per share. The shares of SNMAPO were the most actively traded.

    In terms of individual stock performance, Bhugol Energy Development Company Limited (BEDC) registered the highest gain of 10%, followed by City Hotel Limited (CITY) with a gain of 9.99%. On the other hand, Global IME Balanced Fund-1 (GIBF1) experienced the highest loss of 3.83% on the day.

    In a positive note, all sector indices closed in the green. The “Finance” sector witnessed the highest gain of 5.72%, while the “Mutual Fund” sector had the lowest gain of 0.42% on the day.

  • NEPSE Index Surges by 53.03 Points, Closing at 1,919.37 with 2.84% Gain

    NEPSE Index Surges by 53.03 Points, Closing at 1,919.37 with 2.84% Gain


    The NEPSE (Nepal Stock Exchange) index concluded today’s trading session at 1,919.37 points, marking an impressive gain of 53.03 points from the previous closing. This increase translates to a growth rate of 2.84%. Last Thursday, the index had experienced a gain of 16.54 points.

    Interestingly, despite the market being scheduled to open at 11:00 am this morning, all 50 current brokers were still non-operational. In light of this situation, a meeting was arranged with relevant stakeholders at the Ministry of Finance’s Singhadurbar headquarters. During the meeting, Dr. Prakash Sharan Mahat, the current finance minister, emphasized that investors should remain calm and assured them that the only tax applicable to profits from trading shares would be the Capital Gain Tax (CGT).

    The trading day commenced with the index opening at 1,866.35 points. At its lowest point in the intraday session, it reached 1,865.73 points. However, it experienced a significant surge, reaching as high as 1,925.11 points before ultimately closing at 1,919.37 points. These fluctuations throughout the day reflect the dynamic nature of the stock market and the varying levels of investor activity and sentiment.

    Overall, the NEPSE index’s upward movement and the reassurances provided by the finance minister aim to instill confidence among investors and maintain stability in the market. Investors will continue to closely monitor the performance of the index and make informed decisions based on the prevailing market conditions.