KATHMANDU, FEBRUARY 7
The Nepal Stock Exchange (NEPSE) witnessed a gain of 4.92 points on Wednesday, buoyed by a strong performance in the Hotels and Tourism sector. This indicated a 0.23% increase, settling the index at 2,090.64 points by the close of trading.
In tandem with the benchmark index, the sensitive index, which evaluates the performance of 'A' class stocks, rose by 0.03%, while the float index, gauging actively traded shares, saw a 0.33% uptick.
The Hotels and Tourism sector took center stage in today's market, boasting a notable 1.50% gain, followed closely by the Life Insurance sector with a 1.29% increase. Conversely, the Other index led the decliners, dropping by 1.53%, encompassing Finance, Manufacturing and Processing, Microfinance, Non-Life Insurance, and Trading indices, which experienced declines of 0.04%, 0.17%, 0.00%, 0.39%, and 0.12% respectively.
Overall, the market leaned towards positivity with 168 companies witnessing advances, while 68 declined and 11 remained unchanged. Notably, four companies - Samaj Laghubittia Bittiya Sanstha Limited (SAMAJ), Buddha Bhumi Nepal Hydropower Company Limited (BNHC), Gurans Laghubitta Bittiya Sanstha Limited (GLBSL), and Eastern Hydropower Limited (EHPL) - hit a 10% positive circuit breaker.
Wednesday's turnover was recorded at Rs 2.842 billion, driven by the exchange of 7,732,234 units of shares of 313 companies in 65,463 transactions, a slight uptick from yesterday's intraday turnover of Rs 2.59 billion.
Meanwhile, Himalayan Reinsurance Limited (HRL) continued its market dominance in terms of turnover, volume, and transactions, with 354,258 units of shares traded for Rs 248,268,038.90 in 7,095 transactions.
The total market capitalization stood at Rs 3.286 trillion.
