A Glimpse Into NEPSE's Overall Performance For Year 2079; NEPSE Index Lost 18.91% In a Year While Total Turnover Fell by 75%

Thu, Apr 13, 2023 3:10 PM on Stock Market, Exclusive,

-ShareSansar

Consistency and patience always turn out to be the best qualities in investing. The NEPSE Index in 2079 wasn't advantageous but the upcoming years will surely be beneficial. The NEPSE index concludes the journey for 2079 by closing at 1,934.47 today after losing 29.07 points or 1.48% from yesterday's close.

Daily Summary First:

The NEPSE index closed at 1,934.47 today after losing 29.07 points from the last trading day's closing. This is a loss of 1.48%. The index gained huge 92.22 points yesterday.

Today the index opened at 1,973.09 and made the intraday high at 1,981.87. In contrast, it went as low as 1,928.93 and ultimately closed at 1,934.47.

270 scrips traded hands via 44,708 transactions. A total of 4,913,702 shares exchanged hands amounting to Rs. 1.653 Arba in turnover amount. This is lower than the last trading day's turnover of Rs. 1.976 Arba.

SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 8.42 crores closing at a market price of Rs. 405 per share.

Three scrips gained the highest 10% each and hit the positive circuit for the day. Conversely, Siddhartha Investment Growth Scheme - 2 (SIGS2) lost the highest 5.50% today.

All sector indices closed red, "Development Bank" lost the highest 2.48% while "Hotel and Tourism" lost the least 0.09% today.

Market Review of 2079 BS:

Today was the final trading day of 2079 with this Nepal's capital market marks the end of another year. The market in the year 2079 BS opened at 2,422.34 and closed at 2,385.65 on the first day of the year.

Meanwhile, on the last trading day of the year today, the index closed at 1,934.47, hence losing 18.91% through the year.

The 52-week high for the year 2079 was set at 2,420.97 on April 24, 2022, while the 52-week low was set at 1815.14 on September 25, 2022. Compared to today's closing of 1,934.47, the NEPSE bounced back 119.33 points from the 52-week low. Still, the NEPSE Index is down by 39.52% from its all-time high of 3,198.60 (closing) which was created on August 18, 2021.

In retrospect, the market in the year 2078 BS had opened at 2,735.40 and closed at 2,415.24, the index lost over 11.7% in the year 2078.

NEPSE Statistics in the Year 2079 BS:

In the year 2079 BS, shares worth over Rs 4.23 Kharba were traded through 7,959,133 transactions. The total number of traded shares stands at 1,164,892,925. The turnover amount fell by 75% this year compared to the previous year.

The Market Capitalization of NEPSE decreased by 18% compared to the data in the previous year.

Indices and Sub-indices Review:

The Microfinance index declined the most by 37.45% this year. However, Hotels and Tourism sector is the only gaining sector in the year 2079. The index and percentage change of the indices for the year 2079 BS are given below:

In the year 2079, the NEPSE index fell by 18.91% with a change of 451.18 points and closed at 1,934.47.

Top Stocks by Turnover:

With a turnover of Rs. 14.81 Arba, Shivam Cements Limited (SHIVM) has the largest turnover among all the companies, followed by HDL with a turnover of Rs. 14.27 Arba.

Top Stocks by Number of Transactions:

Nabil Bank Limited (NABIL) is the top company based on the number of transactions for 2079 BS.

Top Stocks by Volume:

Top Brokers of the Year 2079:

Naasa Securities Co. Ltd (Broker No- 58) remains the top broker of this year with a buy amount of Rs. 28.58 Arba and a sell amount of Rs. 29.37 Arba.

Top Companies with the Highest Market Capitalizations:

The top 3 companies with the highest market capitalization are Nabil Bank Limited (NABIL), Nepal Doorsanchar Company Limited (NTC), and 10.25% Global IME Bank Limited Debenture 2080/81 (GBD80/81).