NEPSE Today: A Glimpse into the Nepal Stock Exchange
Hello stock market enthusiasts! Let’s dive into the latest happenings on the Nepal Stock Exchange (NEPSE) as of June 15th. The NEPSE index saw a slight upward movement on Sunday, inching up by a modest 0.47 points, closing at 2,655 points. While the trading volume dipped compared to the prior session, the overall market atmosphere seemed to be buoyed by cautious optimism.
Market Analysis:
The total market turnover reached NPR 11.44 billion, a decrease from the previous trading day’s NPR 12.51 billion. This suggests that while the NEPSE saw an increase, the level of investment was slightly less than the day before.
Sector Performance:
The day saw a mixed bag of performances across various sectors. Investors showed continued interest in the hydropower sector. It gained 0.96 percent, building upon its significant 5.53 percent surge from the previous week. However, the production sector took the lead with a 1.47 percent increase. The trade sector rose 1.08 percent, development banks gained 0.48 percent, and the non-life insurance sector edged up by 0.07 percent.
On the other hand, several sectors experienced losses. Banking fell 0.44 percent, finance dropped 0.59 percent, and the investment sector saw a decline of 0.76 percent. Life insurance declined 0.54 percent, microfinance slipped 0.31 percent, hotels and tourism eased 0.06 percent, and the “others” group decreased 0.46 percent. This stock market news provides a snapshot of the sectors in Nepal.
Top Performers:
Several companies achieved notable gains. Three companies hit the daily upper circuit limit with a 10 percent increase: Pure Energy, Green Development Bank, and Chhyangdi Hydropower. Barun Hydropower and Union Hydropower also experienced substantial increases of 9.84 percent and 9.34 percent respectively. These are key indicators for those seeking stock trading opportunities.
Active Trading:
The five most actively traded companies of the day were Sanima Mai Hydropower, Ngadi Group Power, Butwal Power Company, Radhi Bidyut, and Mountain Energy. Monitoring these stocks can offer a look into current market trends and investment strategies within the Nepalese stock market. These companies are constantly updated within the NEPSE live data feed.
Conclusion:
Overall, the NEPSE showed signs of a cautiously positive trend. For anyone investing in Nepal, keeping track of these stock market updates will provide valuable data. Stay tuned for future stock market updates to remain informed about the financial market and make informed investment decisions. Invest wisely!
