NEPSE sees 15-point dip after Sunday's 111-point surge; Daily turnover surges to Rs 4.842 billion
Published: 03:23 pm Dec 11, 2023
KATHMANDU, DECEMBER 11
Following the dramatic events on Sunday, which saw three positive circuit breaks, halting trading by 12:09 pm and causing a surge of 111 points or 6%, the Nepal Stock Exchange (NEPSE) experienced a decline of 15.40 points on the second trading day of the week. This 0.78% fall led to the benchmark index closing at 1,948.57 points on Monday.
Simultaneously, the sensitive index, evaluating the performance of 'A' class stocks, also saw a decline, dropping to 369.41 points, a 4.33-point or 1.16% decrease. Likewise, the float index, reflecting the performance of actively traded shares, also decreased to 134.74 points, a 1.09-point or 0.80% decline.
Despite the decrease in the benchmark index, the daily turnover, which had been hovering around Rs 1 billion, surged dramatically to settle at Rs 4.842 billion. This significant increase in turnover came from the exchange of 14,698,517 units of shares from 303 companies, occurring through 109,918 transactions.
The total market capitalization today increased to Rs 3.004 trillion.
In today's trading, the majority of sub-indices were in the red, with only five sub-indices-Manufacturing and Processing, Microfinance, Mutual Fund, and Non-life Insurance indices-being in the green. The Mutual Fund index was the top gainer with a 2.16% gain.
Today, a total of 81 scrips advanced, while 157 declined, and three remained unchanged.
Sonapur Minerals and Oil Limited (SONA) took the lead as the top company in terms of turnover, volume, and transactions. It transacted 784,650 units of its shares in 13,944 transactions, totaling Rs 251,560,607.40. Bottlers Nepal (Balaju) Limited (BNL), Samaudayik Laghubitta Bittiya Sanstha Limited (SLBSL), and Dolti Power Company Limited (DOLTI) were the top companies with the most (10%) increase in terms of their share values.