NEPSE crosses 1,900 with almost 50 points jump on Sunday; Daily turnover also rises over Rs 2 Billion
Published: 03:18 pm Nov 26, 2023
KATHMANDU, NOVEMBER 26
The Nepal Stock Exchange (NEPSE) witnessed a sharp increase of 47.75 points, marking a 2.56 percent rise, bringing the index up to 1,907.95 points on the first trading day of the week.
Along with the rise in the benchmark index, the sensitive index, which evaluates the performance of 'A' class stocks, saw an increase of 2.19 percent or 7.83 points, closing at 364.81 points. The float index, reflecting the performance of actively traded shares, also increased by 2.56 percent, adding 3.30 points to reach 131.78 points.
For the day, all the sub-indices were in the green, with Life Insurance leading the pack of gainers with a 4.44 percent or 4449.86 points increase. The Finance index followed behind with a 3.91 percent or 63.67 points gain. Similarly, Trading, Manufacturing and Processing, and Hydropower indices followed with 3.58, 3.16, and 3.06 percent increases.
During the trading session, a total of 6,530,643 units of shares from 294 different companies were exchanged in 66,516 transactions, resulting in a total turnover of Rs 2.011 billion. This is a slight increase in daily turnover from Wednesday's figure of Rs 1.087 billion. The overall market capitalization reached Rs 2.941 trillion.
In today's trading, Sonapur Minerals and Oil Limited (SONA) was the top company in terms of transactions, volume, and turnover. A total of 402,121 units of shares of the company were traded for Rs 116,667,260 in a total of 8,684 transactions.