NEPSE FALLS FURTHER

ShareSansar, 28th October

Enduring yet another tumble, the market index came to suffer a loss of 2.36 points by the end of today’s session. With today’s decline, the local bourse has come to sustain plunge for the fifth straight trading days—the stock index till date has come to decrease by 12.51 points.

As the investors are still in a row to book their profit from Banking, Hydro and Others sectors scrips, the NEPSE index haven’t been able to flourish further in recent days. Propel of the benchmark index in the prior week’s was mainly attributed by the price increment in the scrips of the above mentioned sectors.

All the three sectors today also dropped by 2.61, 2.19 and 7.05 points, pushing the stock index to 575.41 levels in the process. Further, the decline of 2.34 points Hotels along with 0.79 points fall in Finance also prevented the market index from any upward movement.

However, the advance in Development, Insurance and Manufacturing by 1.52, 0.02 and 2.18 points did somewhat helped the market to avoid further loss.
 
All in all, 96 scrips were traded, out of which 40 scrips gained, 13 remained intact and 43 scrips lost.

The best performer among the traded scrips was of First Microfinance Development Bank Ltd. (FMDBL), closed at 272, with a gain of Rs 24 or 9.68 percent. Whereas, Oriental Hotel Ltd. (OHL), closed at Rs 219, was the worst performer with Rs 9 or 3.95 percent loss.

The scrip with the highest turnover in today’s market was of Nabil Bank Ltd. (NABIL), closed at Rs 2198, with a turnover worth Rs 12,614,160 which was carried out through 25 transactions totaling 5,747 units.

The broker with the highest standalone dealing of the NABIL was Broker No 6 (Agrawal Securities Pvt. Limited) with 66.18%; totaling 7,610 units worth Rs 16,698,180 which was carried out by 9 transactions-- includes 3 matching transactions tallying 3,705 units amounting Rs 8,129,745.

In the overall market, 380,298 unit shares were traded by 1,725 transactions worth Rs 106,436,935. The market capitalization at the end of the day stood at Rs 583,556.19 million.