KATHMANDU, JANUARY 14
The Nepal Stock Exchange (NEPSE) exhibited a robust performance on Sunday, surging by 31.62 points or 1.51% to settle at 2,120.62 points by the end of the trading session. This marked a significant rebound from the slight dip of 0.03%, where the index settled at 2,088.99 points on Thursday.
The momentum was not only reflected in the index but also in the intra-day turnover, which experienced a substantial increase, reaching Rs 5.450 billion. The trading floor witnessed the exchange of 16,605,234 units of shares from 314 companies through 94,526 transactions, surpassing the Thursday turnover of Rs 4.307 billion.
Similarly, the sensitive index, representing class 'A' stocks, also demonstrated an uptick of 1.04%, while the float index, which gauges actively traded shares, recorded a gain of 1.46%.
Across the board, the market displayed positivity, with the exception of the Trading index, which incurred a 0.94% loss, and the Hotels and Tourism index, experiencing a marginal 0.01% decline.
The upward trend of the hydropower sector persisted on Sunday as well as it showed a 4.58% gain, with five companies - Himalayan Power Partner Limited (HPPL), Kalika Power Company Limited (KPCL), Terhathum Power Company Limited (TPC), Madhya Bhotekoshi Jalvidyut Company Limited (MBJC), and Mathillo Mailun Khola Jalvidyut Company Limited (MMKJL) - all witnessing positive circuit breaks of 10% in their share values.
In today's market activity, scrips of 211 companies advanced, while 33 experienced declines, and three remained unchanged. The Nepal Reinsurance Company Limited Promoter Share (NRICP) took the lead in terms of turnover (Rs 356,838,720.00) and volume (1,274,424), while Sonapur Minerals and Oil Limited (SONA) dominated in transactions (4,875).
The overall market capitalization stood at an impressive Rs 3.330 trillion.