KATHMANDU, FEBRUARY 26
The Nepal Stock Exchange (NEPSE) bounced back on the second trading day of the week, gaining 13.28 points, marking a 0.67% increase to settle at 1,992.30 points by day's end. This uptick came after the NEPSE index had taken a 26-point dip on Sunday, slipping below the 2,000-point threshold.
In sync with this recovery, the sensitive index, which assesses the performance of class 'A' stocks, also saw a 0.60% rise, while the float index, measuring actively traded shares, increased by 0.59%.
Today, the market overall displayed a predominantly positive trend, except for the Finance sector, which experienced the most notable loss at 0.25%. It was followed by the Mutual Fund sector with a 0.21% dip and the Microfinance sector with a marginal decrease of 0.06%.
Conversly, the manufacturing and processing sector emerged as the top gainer, boasting a significant 2.51% increase, closely trailed by the hotels and tourism sector, which saw a rise of 1.45%. Notably, the hydropower sector, which had been grappling with a downturn in recent days, made a notable recovery, gaining 1.36% after experiencing a 2.42% decline on Sunday.
Despite the positive trajectory of the benchmark index and various sub-indices, the intraday turnover continued its downward slide on Monday, recording a daily turnover of just Rs 2 billion. This came from the exchange of 5,988,717 units of shares of 314 companies in 49,940 transactions.
While the market witnessed advancements in 167 companies, 75 experienced declines, and six remained unchanged. Bottlers Nepal (Balaju) Limited (BNL) stood out with a noteworthy 10% positive gain in its share value. Conversely, Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ) remained the sole company to undergo a 10% negative circuit break in terms of its share value.
