NEPSE Couldn't Sustain Yesterday Gain, Lost 15.40 Points; Records Highest Turnover In Over 5 and Half Months

The Nepal Stock Exchange (NEPSE) Index has a loss of 15.40 points, or 0.78%, over the previous day's closing to conclude at 1,948.57 points.

Yesterday, the market experienced a staggering 6% surge, triggering a series of trading halts and culminating in the early closure of the market for the entire day. The total turnover in NEPSE amounted to an impressive Rs 48.24 Crores. The market concluded at 1,963.98 points, showcasing a remarkable triple-digit gain of 111.20 points.

The trading day started with the index opening at 1989.54, hitting an intraday low of 1,928.76, and reaching an intraday high of 1,989.71.

During today's trading, there were 303 different stocks traded in 1,09,918 transactions. The volume of shares traded amounted to 14,698,517 with a total turnover of Rs. 4.84 Arba. This is the highest turnover recorded in the last 5 and half months. Earlier, On 2nd July 2023, the turnover was Rs. 5.08 Arbra, after that the turnover has not reached to Rs. 5 Arba. Market capitalization stood at Rs. 30.04 Kharba, with a float market capitalization of Rs. 10.49 Kharba. 

Sonapur Minerals And Oil Limited (SONA) had the highest turnover, reaching Rs. 25.15 crores, and closed at a market price of Rs. 328.

Similarly, Bottlers Nepal (Balaju) Limited (BNL), Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL), and Dolti Power Company Limited (DOLTI) showed the highest gain of 10%, followed by Hathway Investment Nepal Limited (HATHY) with a gain of 9.90%.

On the flip side, Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) experienced the highest loss of 7.15% today.

In terms of sector indices, 4 sector indices closed in the green with the "Mutual Fund Index" gaining the highest by 2.16 percent. Meanwhile, the "Development Bank Index" lost the most with 2.09%.