KATHMANDU, JANUARY 8
The Nepal Stock Exchange (NEPSE) experienced a rebound on Monday, surging by 36.57 points, marking a notable 1.80% increase and settling at 2,059.49 points by the close of the trading day. This positive momentum came in stark contrast to the preceding day's dip, where the benchmark index had faced a decline of 26.36 points.
Reflecting a broad positive trend, the sensitive index, evaluating the performance of class 'A' stocks, rose by 1.14%, while the float index, gauging the actively traded shares, recorded a gain of 1.73%.
Despite the market's overall positivity, the daily turnover experienced a considerable drop, falling to Rs 4.675 billion. This decline occurred amidst the exchange of 13,709,276 units of shares across 309 companies in 99,524 transactions. This contrasts with the higher intraday turnover of Rs 5.241 billion recorded on the previous day.
The market exhibited widespread positivity, with the Mutual Fund index being the sole exception, facing a minimal 0.01% loss. Leading the gainers was the life insurance index, posting an impressive 3.72% increase, followed by the hydropower index, which had claimed the top gainer position the day before, and the Investment index, each with gains of 2.61%. The Others index and Finance Index also contributed to the positive trend, posting gains of 2.57% and 2.56%, respectively.
Among the companies, 212 witnessed an uptick in share values, with notable performers like Singati Hydo Energy Limited (SHEL), Modi Energy Limited (MEL), Trishuli Jal Vidyut Company Limited (TVCL), and Muktinath Krishi Company Limited (MKCL) experiencing a positive circuit break of 10%. On the flip side, 29 scrips witnessed a decline, while five remained unchanged.
In terms of turnover and transactions, Sonapur Minerals and Oil Limited (SONA) took the lead, with 429,578 units of its shares traded for Rs 218,482,880.80 in 5,631 transactions. Meanwhile, Nepal Infrastructure Bank Limited (NIFRA) emerged as the top company in terms of volume, with 526,393 units of its shares traded during the day.
The total market capitalization settled at Rs 3.200 trillion.
