Nepal Stock Exchange (Nepse) Down: Market Analysis & Stock Market News
Breaking News from the Nepal Stock Exchange! The Nepse index experienced a downturn on the first trading day of the week. The Nepse closed at 2708.25 points, marking a decrease of 11.52 points. This recent stock market performance reflects the dynamic nature of the Nepalese stock market.
The sensitive index, which measures the performance of ‘A’ category companies, also declined by 2.32 points, closing at 467.51 points. The float index decreased by 0.77 points, and the sensitive index saw a drop of 0.66 points. Investors are carefully watching these market trends and adjusting their strategies.
Trading activity saw 11,124,845 shares traded across 334 companies on Sunday. The total transaction value reached NPR 4.40 billion. While the trading volume indicates active participation, it’s slightly lower than the previous Thursday’s trading of NPR 5.14 billion, when 12,701,97 shares were traded across 317 companies. Market analysts are looking at these trading volumes to determine market sentiment.
The market capitalization currently stands at NPR 45.27 billion. During the day, 79 companies experienced an increase in share price, while 173 companies saw a decrease. This market volatility is common in the stock market.
Analyzing sector performance, 3 groups saw gains while 10 faced losses. The finance sector rose by 2 points, the manufacturing and processing sector increased by 3 points, and the mutual fund gained 0.08 points. Conversely, the commercial banks lost 9 points, development banks declined by 5 points, hotel and tourism fell by 33 points, hydro power decreased by 23 points, investment lost 0.57 points, life insurance fell by 52 points, microfinance decreased by 9 points, non-life insurance declined by 23 points, trade lost 10 points, and the other group saw a decrease of 9 points. This sector analysis is crucial for stock market investors.
In terms of top trading companies by volume, Union Hydropower Limited led the way with NPR 299.9 million in trades, followed by Nepal Reinsurance with NPR 274.6 million. Everest Bank saw trading worth NPR 221.5 million, Himalayan Distillery had NPR 160.5 million in trades, and Universal Power Company saw transactions of NPR 130.1 million. These companies are often in the daily stock market headlines. Stay informed with our stock market updates and financial news.
