A Glimpse Into NEPSE's Overall Performance For Year 2080; NEPSE Index Gained 4.85% In a Year While Total Turnover Rose by 46.01%

Sun, Apr 14, 2024 12:18 PM on Exclusive, Stock Market, Latest,

-ShareSansar

Market Review of 2080 BS:

The market in 2080 BS opened at 1,934.51 and closed at 1,931.68 on the first trading day of the year.

Meanwhile, on the last day of the year today, the index closed at 2,025.30, hence gaining 93.62 points 4.62% through the year.

The 52-week high for the year 2080 was set at 2,243.78 on July 24, 2023, while the 52-week low was set at 1,816.68 on November 23, 2023. Compared to a closing of 2,025.30, the NEPSE bounced back 208.62 points from the 52-week low. Still, the NEPSE Index is down by 36.68% from its all-time high of 3,198.60 (closing) which was created on August 18, 2021.

In retrospect, the market in the year 2079 BS had opened at 2,422.34 and closed at 1,934.47, the index lost over 25.21% in the year 2079.

Daily Summary First:

The NEPSE index closed at 2,025.30 on the 10th of April 2024, after losing 10.71 points from the last trading day's closing. This is a loss of 0.52%. The index gained 9.19 points on the 9th of April 2024.

On the 10th of April, the index opened at 2,038.11 and made an intraday high at 2,045.46. In contrast, it went as low as 2,016.34 and ultimately closed at 2,025.30.

308 scrips traded hands via 61,420 transactions. A total of 8,696,918 shares exchanged hands amounting to Rs. 3.48 Arba in turnover amount.

Himalayan Reinsurance Limited (HRL) shares traded the most and had the highest turnover of Rs. 12.54 crores closing at a market price of Rs. 610.20 per share.

Mandu Hydropower Limited (MANDU) gained the highest 9.69% each and hit the positive circuit for the day. Conversely, Singati Hydro Energy Limited (SHEL) lost the highest 10% on the 10th of April 2024.

In terms of sector, Two Sector Indices concluded in positive territory, with the "Trading Index" leading with a gain of 1.46%. However, the "Finance Index" witnessed a decline of 2.50%.

NEPSE Statistics in the Year 2080 BS:

In the year 2080 BS, shares worth over Rs 6.17 Kharba were traded through 13,767,320 transactions. The total number of traded shares stands at 1,804,855,526. The turnover amount rose by 46.01% this year compared to the previous year.

The Market Capitalization of NEPSE increased by 14.16% compared to the data in the previous year.

Indices and Sub-indices Review:

The Banking index declined the most by 15.59% this year. However, the Hotels and Tourism sector is the most gaining sector in the year 2080. The index and percentage change of the indices for the year 2080 BS are given below:

In the year 2080, the NEPSE index rose by 4.855% with a change of 93.62 points and closed at 2,025.30.

Top Stocks by Turnover:

With a turnover of Rs. 23.07 Arba, Shivam Cements Limited (SHIVM) has the largest turnover among all the companies, followed by HRL with a turnover of Rs. 14.39 Arba.

Top Stocks by Number of Transactions:

Himalayan Reinsurance Limited (HRL) is the top company based on the number of transactions for 2080 BS.

Top Stocks by Volume:

Top Brokers of the Year 2080:

Naasa Securities Co. Ltd (Broker No- 58) remains the top broker of this year with a buy amount of Rs. 36.57 Arba and a sell amount of Rs. 39.61 Arba.

Top Companies with the Highest Market Capitalizations:

The top 3 companies with the highest market capitalization are Nepal Doorsanchar Company Limited (NTC), Nabil Bank Limited (NABIL), and Citizen Investment Trust (CIT).