Nepal Stock Market Update: Monday’s Market Surge
Nepal’s stock market experienced a positive trend on Monday, the second trading day of the week. The NEPSE (Nepal Stock Exchange) index, a key indicator of share market performance, climbed by 16.46 points, closing at 2875.36. This upward movement signals a favorable day for stock trading in Nepal.
The Sensitive Index, which tracks the performance of Class ‘A’ stocks, also saw an increase, rising by 4.16 points to reach 494.91. Furthermore, the Float Index increased by 1.11 points and the Sensitive Index increased by 1.55 points, reflecting a broad-based positive sentiment across the Nepalese stock market.
Stock market activity remained robust on Monday, with a total of 27,169,755 shares traded across 325 companies. The total trading volume reached NPR 10.82 billion, marking a slight decrease of NPR 2.24 billion compared to Sunday’s trading volume. This provides key insights into the recent shifts in the stock market analysis.
Market capitalization for the day stood at a substantial NPR 47.99 trillion, highlighting the overall health and strength of the Nepal share market. This figure is a crucial element in understanding stock market investment potential in the region.
Monday’s trading saw gains for 140 companies, with 110 companies experiencing a decline in stock prices. This stock market overview suggests a mixed day for individual stocks, but the overall market trend was positive. Among the sectors, seven groups advanced while six declined. This highlights the fluctuations inherent in the dynamic share market.
In terms of top trading stocks by value, Himalayan Reinsurance led the pack with a turnover of NPR 559.6 million, followed by Shivam Cements (NPR 436.4 million), Himalayan Distillery Limited (NPR 375.8 million), Ngadi Group Power (NPR 318.6 million), and Nepal Reinsurance Company (NPR 316.2 million). Analyzing these top performing stocks offers key information for potential investors.
