Nepal Stock Market Update: Wednesday’s Share Market Analysis
Hello, stock market enthusiasts! Let’s dive into the latest NEPSE update for Wednesday. Today’s stock market performance shows a slight dip, with the NEPSE index closing at 2832.06, down by 1.94 points. The Sensitive Index, reflecting the performance of “A” category companies, also saw a decrease of 0.89 points, settling at 487.55.
Nepse market analysis reveals that the market witnessed trading of 21,657,706 shares across 320 companies. The total trading volume reached NPR 7.63 billion. This figure is lower compared to Tuesday’s, by approximately NPR 1.70 billion.
Stock market news highlights a mixed day for stock prices. While 112 companies experienced an increase in their share price, 138 companies saw a decrease. The total market capitalization reached NPR 47.27 trillion.
Sector-wise, the market presented a varied picture. While the Investment, Microfinance, and Other Groups experienced gains, with the Investment sector leading with a 0.56-point increase. Several sectors faced declines, including Banking, Development Banks, Finance, Hotels & Tourism, Hydropower, Life Insurance, Manufacturing & Processing, Non-Life Insurance, and Trading.
Analyzing the top stocks, Ngadi Group Power led the trading volume with approximately NPR 294.5 million. Other active stocks included Himalayan Reinsurance, Shivam Cements, Nepal Infrastructure Bank, and Balephi Hydropower. Keep an eye on these top performing stocks and their future movements. Stay updated with the latest stock market trends and investment strategies to make informed decisions.
