KATHMANDU, FEBRUARY 12
The Nepal Stock Exchange (NEPSE) surged past the 2,100-point mark once again, following weeks of market fluctuations, with a notable uptick of 15.33 points on Monday. This translated to a 0.73% increase, settling at 2,101.16 points by the close of trading.
The NEPSE had last touched the 2,100 mark on January 30, registering a 2,119.61 points.
Despite the positive movement in the NEPSE index, the daily turnover saw a dip, amounting to Rs 3.5 billion. This shift was reflected in the exchange of 10,108,122 units of shares belonging to 314 companies, traded in 75,105 transactions. This marked a decrease from Sunday's turnover of Rs 4.05 billion, despite the index experiencing a decline of 10.50 points.
Accompanying the rise in the benchmark index, both the sensitive index, evaluating class 'A' stocks, and the float index, measuring actively traded shares, also saw increases of 0.33% and 0.63%, respectively.
Overall, the market showcased a predominantly positive trend today, with the exception of a minor 0.05% loss in Other index. Notably, the Manufacturing and Processing sector stood out, boasting a substantial gain of 2.22% on Sunday, leading the pack of gainers. Following closely behind were the Hydropower sector, with a 1.83% increase, and the Non-Life Insurance and Investment sectors, which saw gains of 1.70% and 1.25%, respectively.
In today's trading session, 199 scrips experienced gains, while 45 saw declines, and four remained unchanged in terms of their share values. Noteworthy among them were two companies, Bottlers Nepal (Balaju) Limited (BNL) and Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ), both hitting a 10% positive circuit breaker.
The Himalayan Reinsurance Limited (HRL) emerged as the top company in terms of turnover, reaching Rs 230,235,449.40, with 6,144 transactions.
