KATHMANDU, JANUARY 1
The Nepal Stock Exchange (NEPSE) recorded a modest gain of 5.10 points (0.19%) on Wednesday, closing at 2,581.60 points. This slight increase followed Tuesday's 44-point decline.
However, the daily turnover failed to keep pace with the recovery in the index, falling sharply to Rs. 3.59 billion from the exchange of 9,434,009 shares across 305 companies in 43,729 transactions. This marks a significant drop compared to Tuesday's turnover of Rs. 5.67 billion and Sunday's Rs. 5.47 billion.
The performance of key indices was mixed. The Sensitive Index, which tracks class 'A' stocks, fell by 0.13%, while the Float Index, representing actively traded shares, posted a slight gain of 0.09%.
Sector performance was mixed, with eight sectors recording gains and five facing losses. The finance sector rebounded notably, gaining 3.87%, recovering from a significant loss of 5.19% the previous day. Additionally, the development bank sector rose by 1.68%, and the hydropower sector increased by 1.24%. Among the losing sectors, none recorded a decline exceeding 1%.
In terms of individual stock performance, Trishuli Jal Vidhyut Company Limited (TVCL) led the day's performance with a 10% increase in its share price, while Support Microfinance Bittiya Sanstha Ltd. (SMB) was the worst performer, experiencing a 10% decline.
By the end of the trading session, 150 stocks advanced, 88 declined, and 4 remained unchanged.
By the conclusion of the trading session, the total market capitalization reached Rs. 4.282 trillion.
