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NEPSE Index Ends Fiscal Year 2080/81 with Notable Volatility

The NEPSE Index wrapped up the fiscal year 2080/81 at 2,240.41, marking a drop of 17.18 points from the previous day’s close. Throughout the fiscal year, the index showed significant volatility, rebounding from a low of 1,817.94 to close at 2,240.41, a recovery of 422.47 points. Despite this rebound, the NEPSE Index remains 29.95% below its all-time high, achieved on August 18, 2021.

In today’s trading, the NEPSE Index closed at 2,240.41, down by 17.18 points or 0.76% from the previous day. The session started with the index opening at 2,277.86 and hitting an intraday high of 2,288.16. However, it also saw a low of 2,231.69 before settling at the closing value.

A total of 322 scrips were traded through 102,372 transactions today, with a trading volume of 25,079,079 shares and a turnover of Rs. 8.73 Arba. Upper Tamakoshi Hydropower Ltd (UPPER) recorded the highest turnover at Rs. 37.08 crores, closing at Rs. 176.70.

Civil Bank Debenture 2088 (CBLD88) and Mandu Hydropower Limited (MANDU) were the top gainers, each increasing by 10%. Conversely, Janaki Finance Company Limited (JFL) fell by 10%.

Sector-wise, four indices closed in the green, with the “Investment” sector leading with a gain of 1.70%. The “Development Bank” sector experienced the highest loss, down by 1.89%.

In fiscal year 2080/81, shares worth over Rs. 7.34 Kharba were traded through 14,795,605 transactions, with a total volume of 2,052,146,370 shares. NEPSE’s market capitalization stood at Rs. 3.55 Million, and floated market capitalization was Rs. 1.21 Million. The NEPSE index rose by 6.83% compared to the start of the fiscal year.

Himalayan Reinsurance Limited (HRL) had the highest turnover in fiscal year 2080/81, closely followed by Shivam Cements Limited (SHIVM).

Himalayan Reinsurance Limited (HRL) also led in terms of the number of transactions for the fiscal year.

Muktinath Krishi Company Limited (MKCL) was the top gainer, closing at Rs. 1,390 with a significant increment of Rs. 1,211.20 (677.4%).

Upper Tamakoshi Hydropower Ltd (UPPER) saw the most significant decrease, dropping by 58.6% to Rs. 176.7.

Naasa Securities Co. Ltd. and Imperial Securities Limited were the major players in the market. Naasa Securities (Broker No. 58) reported a buy amount of Rs. 42.17 Arba and a sell amount of Rs. 44.95 Arba. Imperial Securities (Broker No. 45) reported a buy amount of Rs. 31.91 Arba and a sell amount of Rs. 31.16 Arba. Both brokers had impressive matching amounts, with Naasa at Rs. 7.54 Arba and Imperial at Rs. 4.2 Arba.

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