Hi investor and traders, I want to ask a geniune question if Nepse can help a normal person to have about 3 lacs per annum as payoff on holding stocks ?
If it does what would be a min/max capital needed .
Nepse is one way market(buy) and I have been passive investor lately .. The shares and dividend that I get is quiet small so just asking my thoughts
View on r/NepalStock by testngopal
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%.
The Nepal Stock Exchange (NEPSE) Index ended today’s trading session at 2,013.93 points, dropping by 31.52 points or 1.54% compared to yesterday’s close. The index had gained 29.47 points on the previous trading day.
The day started with the index opening at 2,045.86 and reaching its highest point at 2,052.20. However, it also hit a low of 2,009.09 before settling at 2,013.93 at the end of the day.
In today’s trading, 275 different company stocks were traded in 40,800 transactions. A significant volume of shares was traded, totaling 4,657,137 shares, with a total turnover of Rs. 1.55 Arba. The overall market capitalization was Rs. 30.14 Kharba, and the floating market capitalization was Rs. 10.60 Kharba.
The NEPSE (Nepal Stock Exchange) index concluded today’s trading session at 1,901.99 points, reflecting a loss of 17.38 points from the previous closing. This represents a decrease of 0.91% in the index. However, it is worth noting that the index had experienced a gain of 53.03 points in the preceding trading session.
At the beginning of today’s trading, the index opened at 1,922.13 points. Throughout the day, it reached an intraday high of 1,935.80 points. However, it also experienced a dip, with the lowest point recorded at 1,899.54 points before ultimately closing at 1,901.99 points. These fluctuations in the index’s value indicate the dynamic nature of the stock market and the varying levels of buying and selling activity by investors.
During the trading session, a total of 277 scrips were traded through 36,568 transactions. The total volume of shares exchanged amounted to 5,620,381, corresponding to a turnover of Rs. 1.97 Arba. It is noteworthy that this turnover amount is higher than the turnover recorded in the previous trading day, which stood at Rs. 1.65 Arba. These figures highlight the level of market activity and the value of shares being bought and sold by investors.
Investors closely monitor the NEPSE index and trading activity as it provides insights into the performance and sentiment of the stock market. Fluctuations in the index and turnover amount can impact investment decisions and overall market sentiment.