KATHMANDU, MARCH 6
The Nepal Stock Exchange (NEPSE) witnessed a positive surge as the index recorded a gain of 9.33 points on Wednesday, translating to a 0.46% increase, ultimately settling at 2,017.03 points by the close of the trading day. This recovery comes on the heels of a significant 70-point dip observed on Tuesday.
In tandem with the upward momentum of the benchmark index, the sensitive index, assessing the performance of class 'A' stocks, also exhibited growth, rising by 0.29%. Additionally, the float index experienced a commendable uptick, registering a 0.40% increase.
Despite an overall positive market trend, specific sectors, namely banking, life insurance, and mutual funds, saw marginal declines of 0.10%, 0.02%, and 0.03%, respectively. In contrast, the finance sector emerged as the frontrunner, boasting a substantial 1.68% increase. Following closely were the Trading and Others sectors, both posting gains of 1.30% and 1.17%.
The day's trading activity witnessed a dip in the intra-day turnover, which amounted to Rs 3.4 billion. A total of 9,138,154 units of shares from 308 companies were exchanged in 58,940 transactions. Despite a 3.8% decline in the index, the daily turnover remained relatively robust at Rs 4.1 billion.
Today, a total of 175 companies advanced while 62 declining ones, and 11 remained unchanged. Notably, Dolti Power Company Limited (DOLTI) was the singular entity experiencing a significant 10% decrease in its share values.
In terms of turnover, volume, and transactions, Sonapur Minerals and Oil Limited (SONA) maintained its dominance, with 657,739 units of shares traded, amounting to Rs 333,778,807.00, across 5,168 transactions.
The total market capitalization concluded at an impressive Rs 3.170 trillion.
