KATHMANDU, FEBRUARY 14
The Nepal Stock Exchange (NEPSE) saw a modest yet notable uptick on Wednesday, with a gain of 5.91 points, marking a 0.28% increase, ultimately settling at 2,076.50 points by day's end.
This ascent came on the heels of a sharp downturn the day prior, with the NEPSE index plummeting by 30.45 points on Tuesday.
In tandem with this rise, the sensitive index, which assesses the performance of class 'A' stocks, saw an uptick of 0.61%, while the float index, reflecting actively traded shares, also saw an increase of 0.27%.
The market exhibited a mixed bag of results, with six sectors witnessing losses and seven sectors enjoying gains. Among the gainers, the finance sector notably stood out, surging by a substantial 6.56% today, a remarkable turnaround from its 2.20% decline on Tuesday. This renewed fervor among investors propelled the sector to new heights. Following closely behind, the development bank sector also saw a healthy increase of 2.38%.
With the finance sector leading the charge, 132 companies saw gains, while 111 experienced declines, and four remained unchanged. Notably, three companies-Nepal Finance Company Ltd (NFS), Bottlers Nepal (Balaju) Limited (BNL), and Panchthar Power Company Limited (PPCL)-hit a 10% positive circuit breaker.
Today's daily turnover amounted to Rs 4.2 billion, reflecting the trading of 12,363,027 units of shares from 302 companies in 74,675 transactions. This figure represents a slight decrease from Tuesday's intra-day turnover of Rs 4.6 billion.
