KATHMANDU, FEBRUARY 25
The Nepal Stock Exchange (NEPSE) took a dip below the 2,000-point mark as the curtain rose on the trading week, shedding 26.81 points on Sunday, marking a 1.33% decrease, settling at 1,979.02 points by day's end. The NEPSE index had dropped 20 points on Thursday and neared the 2,000-point threshold.
Similarly, the sensitive index, which measures the performance of 'A' class stocks, and the float index, which assesses actively traded shares, both witnessed declines of 1.59% and 1.41% respectively on Sunday.
Amidst a mostly negative market landscape, the finance sector boasted a substantial gain of 1.40%. The manufacturing and processing sector also saw a modest uptick of 0.80%. However, the overall market sentiment was weighed down by significant downturns in various sectors, notably the hydropower sector with a 2.42% drop, followed by the investment sector (1.86%), banking sector (1.63%), and hotel and tourism sector (1.53%).
Despite the prevailing downward trend, where advancing companies numbered only 38 against 206 declining and four unchanged, Bottlers Nepal (Balaju) Limited defied the odds with a remarkable 10% surge in share values. Conversely, Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ) and Molung Hydropower Company Limited (MHCL) experienced a corresponding 10% decrease.
The daily turnover saw a slight reduction, totaling Rs 3.086 billion from the exchange of 8,546,930 units of shares across 317 companies in 71,880 transactions-down from Rs 3.2 billion on Thursday.
Today, Sun Nepal Life Insurance Company Limited (SNLI) took the lead in both turnover (Rs 251,812,242.20) and volume (415,949 shares), while HRL retained its position as the top company in terms of transactions (6,218).
The total market capitalization held steady at Rs 3.110 trillion.
