KATHMANDU, MARCH 28
The Nepal Stock Exchange (NEPSE) witnessed a modest uptick on Thursday, notching a single-digit gain of 4.78 points or 0.23%, settling at 2,035.64 points as the trading day drew to a close.
Despite the overall rise in the benchmark index, there was a slight downturn in the sensitive index, which assesses the performance of class 'A' stocks, dipping by 0.10%. Conversely, the float index, reflecting the activity of actively traded shares, saw a marginal uptick of 0.04%.
Today's market showed predominantly positive trends, albeit with five sectors experiencing losses. Non-life insurance, banking, hotels and tourism, microfinance, and trading sectors saw declines of 0.12%, 0.24%, 0.48%, 0.66%, and 0.14%, respectively. On the flip side, the manufacturing and processing sector emerged as the frontrunner, notching a significant gain of 2.40%.
In the midst of these fluctuations, 120 companies saw gains, 115 experienced declines, while 10 remained unchanged. Notably, Himalayan Urja Bikas Company Limited (HURJA) stood out with a remarkable 10% gain, while Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) and Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) incurred losses of 10% each.
Sarbottam Cement Limited (SARBTM) dominated the market in terms of turnover, with transactions amounting to Rs. 193,762,869.70 and 4,262 trades, whereas Shivam Cements (SHIVM) led in volume, with 287,257 units traded.
Despite the market turbulence, Thursday saw a slight increase in daily turnover, reaching Rs. 2.6 billion, facilitated by the exchange of 6,614,445 shares from 313 companies in 53,619 transactions. This uptick contrasts with Wednesday's turnover of Rs. 2.2 billion.
The total market capitalization closed at Rs. 3.227 trillion.
