Nepal Stock Market Today: Thursday’s Trading Results and Market Analysis
Stock market news in Nepal is always a hot topic, and today’s NEPSE (Nepal Stock Exchange) performance offers some interesting insights for investors. Thursday saw a positive trend, with the NEPSE index experiencing a notable increase.
The NEPSE index closed at 2850.37, marking an increase of 18.30 points. This is good news for stock market investors! The Sensitive Index, which gauges the performance of Class A stocks, also rose, closing at 490.64, up by 2.61 points. Additionally, the Float Index saw a rise of 1.06 points, while the Sensitive Float Index saw an increase of 0.89 points, indicating broad-based positive sentiment in the stock market today.
Trading activity was robust. A total of 25,403,540 shares were traded across 318 companies. The total trading volume reached a substantial 8.53 billion Nepalese Rupees. This represents a significant increase of 906.2 million Nepalese Rupees compared to Wednesday’s trading session. Wednesday’s market activity included 21,657,706 shares traded, with a total trading value of 7.63 billion Nepalese Rupees.
The market capitalization also reflected the positive market sentiment, reaching a value of 47.57 trillion Nepalese Rupees.
A clear majority of companies experienced positive movement. Share prices of 187 companies increased, while only 62 companies saw a decrease in their share value.
Sector Performance: The majority of the sectoral indices gained ground today. The banking sector rose by 6 points. The development banks sector showed a gain of 25 points, the finance sector saw an increase of 35 points, the hotel and tourism sector went up by 42 points, and the hydro power sector grew by 28 points. Investment, life insurance, manufacturing and processing, microfinance, mutual funds, non-life insurance, trading, and the other group sectors also saw positive movement, with gains of 0.34, 102, 86, 20, 0.06, 54, 43, and 27 points respectively. This broad-based growth suggests a generally healthy bull market environment.
Top Traded Stocks: The top traded stocks in terms of trading volume were:
- Liberty Energy (390.1 million Nepalese Rupees)
- Shivam Cements (369.3 million Nepalese Rupees)
- Himalayan Reinsurance (232.8 million Nepalese Rupees)
- Nepal Reinsurance Company (228.7 million Nepalese Rupees)
- United Modi Hydro Power (209.2 million Nepalese Rupees)
Stay tuned for further market analysis and stock market updates as the Nepali stock market continues to evolve. Invest in the stock market wisely by following the latest stock market trends! Always consult with a financial advisor for investment tips and stock market strategies.
