NEPSE ENDS IN HIGN NOTE

ShareSansar, 10th October
    
Furnishing yet another record breaking rally just before the Dashain holidays, the benchmark index today came to conclude on a high note of 566.99 levels. Last time, the market index hovered near this level was in the month of November, 2009.

Recent boost in the market index has helped to propel the market sentiment from the state of lukewarm to a much more optimistic response towards the secondary market.

Today’s propel of 6.52 points prior to the week long holiday will further help to set a positive psychological impact upon the investors which will surely attribute to better path for NEPSE after its resumption.

In addition, the lack of investment opportunity followed by excess liquidity in the market and other factors like implementation of CDS in full fledge after the festive season, the upcoming election and first quarter report, are set to further amplify NEPSE in coming days.

Even the market turnover sustaining near to Rs 100 million mark in spite of the festive season, further suggest for an affirmative path for the benchmark index.

The market turnover today came to cross the Rs 100 mark to stand at Rs 156,505,776. Altogether, 579,846 units of shares were traded by 1,423 transactions. The market capitalization at the end of the day totaled at 570,583.67 Millions.

Among the sub-indices also, the performance was remarkable as all settled in the green zone. Hotels  sector dazzled with a  surge of 43.89 points. Similarly, Banking continued its streak with a leap of 8.04 points alongside 0.05 point gain of Development and 1.31 points growth of Finance.

Likewise, Others sector today prevail in bullish path with an incline of 7.04 points. Also, Insurance, Hydro and Manufacturing soared by 4.12, 3.19 and 0.15 points respectively.

All in all, 83 scrips were traded, out of which 51 scrips gained, 10 remained intact and 22 scrips lost.

The best performer in today’s session was Soaltee Hotel Ltd. (SHL), closed at Rs 310, with gain of Rs 27 or 9.54 percent whereas Rural Microfinance Development Centre Ltd. (RMDC) , closed at Rs 570, was the worst performer for the day with a loss of Rs 18 or 3.06 percent.

The scrip with the highest turnover in today’s market was of Citizens Bank International Limited Promoter Share (CZBIL), closed at Rs 135, with Rs 44,158,695 totaling 333,037 units which were carried out through 7 transactions.

Among the ordinary shares, Rural Microfinance Development Centre Ltd. (RMDC) had the highest turnover worth Rs 20,109,429. Altogether, 35,368 units were traded by 237 transactions.

The broker with the highest standalone dealing of the RMDC  was Broker No 1 (Kumari Securities Pvt. Limited) with 44.83%; amounting Rs 8,351,419 via 17 transactions totaling 14,857 units in which 6,879 units were carried out through one matching transaction tallying Rs 3,859,119.