NEPSE Index Ends Fiscal Year 2079/80 with Modest Gain, Showing Signs of Recovery Amidst Volatility
Sun, Jul 16, 2023 5:35 PM on Stock Market, SS Pro, Exclusive,
The NEPSE Index closed at 2,097.09 on the last trading day of the fiscal year 2079/80. This represents a gain of 12.16 points from the previous trading day's close. Furthermore, it appears that the NEPSE index has experienced some volatility during the fiscal year, as it bounced back 281.95 points from a recent low of 1,815.14 to reach its closing value of 2,097.09. However, despite this recovery, the NEPSE index is still down by 34.44% from its all-time high, which was reached on August 18, 2021.
Daily Summary First:
In today's trading session, the NEPSE index closed at 2,097.09, marking a gain of 12.16 points or 0.58% compared to the previous trading day's closing. However, it is worth noting that last Thursday, the index experienced a decline of 12.62 points.
The trading day began with the index opening at 2,085.68. Throughout the day, it reached an intraday high of 2,105.67, demonstrating some upward momentum. However, it also had an intraday low of 2,079.18 before settling at its closing value of 2,097.09.
During the day's trading, a total of 286 scrips were exchanged through 39,037 transactions. The volume of shares traded amounted to 7,184,254, representing a turnover of Rs. 2.37 Arba. Among the stocks, SHIVAM CEMENTS LTD (SHIVM) had the highest turnover, with a value of Rs. 19.13 crores, and closed at a market price of Rs. 651.50.
In terms of individual stock performance, Sunrise Focused Equity Fund (SFEF) recorded the highest gain of 10%, reaching the positive circuit for the day. On the other hand, Liberty Energy Company Limited (LEC) experienced the highest decline of 5.96%.
Regarding sector indices, five of them closed in the red. The "Mutual Fund" sector had the highest gain, increasing by 2.06%. However, the "Hydropower" sector registered the highest loss, declining by 0.73%.
In the fiscal year 2078/79, the index rose by 4.36%. The table below is the Nepse Index closing levels for the last 23 years.
NEPSE Statistics in the Fiscal Year 2078/79:
In the fiscal year, 2079/80, shares worth over Rs 4.67 Kharba were traded through 8,644,728 transactions. The total number of traded shares in the fiscal year reached an impressive 1,277,111,194. During this period, NEPSE's market capitalization stood at Rs. 3.08 Million whereas floated market capitalization amounted to Rs. 1.08 Million.
Indices and Sub-indices Review:
The NEPSE index increased by 4.26% compared to the data at the start of the fiscal year.
Top Stocks by Turnover:
Shivam Cements Limited (SHIVM) had the highest turnover in the fiscal year 2079/80, which is closely trailed by Himalayan Distillery Limited (HDL).
Top Stocks by Number of Transactions:
Shivam Cements Limited (SHIVM) is the top company based on the number of transactions for FY 2079/80.
Top Stocks by Volume:
Top Gainers:
Kalinchowk Darshan Limited (KDL) is the top gainer this fiscal year. KDL closed at Rs. 934 with Rs. 799.6 (594.94%) increment.
Top Losers:
Radhi Bidyut Company Limited's (RADHI) price has decreased the most by 56.55% in FY 2079/80 and its LTP stands at Rs. 234.
Top Brokers:
In a significant surge of trading activity, Naasa Securities Co. Ltd. and Online Securities Limited have emerged as major players in the stock market. The latest data from the trading floor reveals staggering buy and sell amounts, reflecting a substantial influx of investments in FY 2079/80.
Naasa Securities Co. Ltd., with Broker No. 58, has reported a remarkable buy amount of Rs. 33.29 Arba and a sell amount of Rs. 34.66 Arba. Similarly, Online Securities Limited, identified by Broker No. 49, has witnessed remarkable trading activity. The buy amount reported by Online Securities Limited stands at Rs. 23.45 Arba, while the sell amount reached Rs. 21.97 Arba.
Moreover, both Naasa Securities Co. Ltd. and Online Securities Limited have seen an impressive matching amount, indicating successful trade matches between buyers and sellers. Naasa Securities Co. Ltd. recorded a matching amount of Rs. 6.42 Arba, while Online Securities Limited achieved a matching amount of Rs. 5.65 Arba.
Top companies with the Highest Market Capitalizations:
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