NEPSE FLOURISH AS INVESTORS OPT TO ENTRY

ShareSansar, 30th October

Continuing its yesterday’s recovery, the stock index of Nepal today further flourish by 3.06 points, propelling the NEPSE index to 578.68 levels.

With the recent correction in the market following the surge of more than 45 points, the presence of sellers in the market has dwelled down but the numbers of buyers are starting to increase. As, the overall market scenario along with other factors depicts of a bull market, the investors are eyeing to invest at current level.

Mainly the continuous fall in the price of banking scrips has lured the investors towards this sector’s share. The Banking indices today advanced by 4.94 points. Similarly, Hotels also propelled by 19.39 points alongside 7.11 point gain of Insurance.

Likewise, Development, Hydro and Manufacturing inclined by 1.03, 1.65 and 2.25 points respectively. While, Finance and Others dropped by 0.37 and 3.52 points respectively.

 All in all, 94 scrips were traded, out of which 52 scrips gained, 13 remained intact and 29 scrips lost.

The best performer among the traded scrips was of Gaurishankar Development Bank Ltd. (GSDBL), closed at 106, with a gain of Rs 9  or 9.28 percent. Whereas, Business Universal Development Bank Ltd.  (BUDBL), closed at Rs 102, was the worst performer with Rs 4 or 3.77 percent loss.

The scrip with the highest turnover in today’s market was of Nabil Bank Ltd. (NABIL), closed at Rs 2200, with a turnover worth Rs 17,973,878 which was carried out through 36 transactions totaling 8,171 units.

The broker with the highest standalone dealing of the NABIL was Broker No 35 (Kohinoor Investment and Securities Pvt. Ltd) with 37.53%; totaling 6,133 units worth Rs 13,492,600 which was carried out by 3 transactions-- includes 1 matching transactions tallying 2,957 units amounting Rs 6,505,400.

In the overall market, 580,772 unit shares were traded by 1,969 transactions worth Rs 132,033,036. The market capitalization at the end of the day stood at Rs 586,920.18 million.

NEPSE FLOURISH AS INVESTORS OPT TO ENTRY

ShareSansar, 30^th October

Continuing its yesterday’s recovery, the stock index of Nepal today further flourish by 3.06 points, propelling the NEPSE index to 578.68 levels.

With the recent correction in the market following the surge of more than 45 points, the presence of sellers in the market has dwelled down but the numbers of buyers are starting to increase. As, the overall market scenario along with other factors depicts of a bull market, the investors are eyeing to invest at current level.

Mainly the continuous fall in the price of banking scrips has lured the investors towards this sector’s share. The Banking indices today advanced by 4.94 points. Similarly, Hotels also propelled by 19.39 points alongside 7.11 point gain of Insurance.

Likewise, Development, Hydro and Manufacturing inclined by 1.03, 1.65 and 2.25 points respectively. While, Finance and Others dropped by 0.37 and 3.52 points respectively.

 All in all, 94 scrips were traded, out of which 52 scrips gained, 13 remained intact and 29 scrips lost.

The best performer among the traded scrips was of Gaurishankar Development Bank Ltd. (GSDBL), closed at 106, with a gain of Rs 9  or 9.28 percent. Whereas, Business Universal Development Bank Ltd.  (BUDBL), closed at Rs 102, was the worst performer with Rs 4 or 3.77 percent loss.

The scrip with the highest turnover in today’s market was of Nabil Bank Ltd. (NABIL), closed at Rs 2200, with a turnover worth Rs 17,973,878 which was carried out through 36 transactions totaling 8,171 units.

The broker with the highest standalone dealing of the NABIL was Broker No 35 (Kohinoor Investment and Securities Pvt. Ltd) with 37.53%; totaling 6,133 units worth Rs 13,492,600 which was carried out by 3 transactions-- includes 1 matching transactions tallying 2,957 units amounting Rs 6,505,400.

In the overall market, 580,772 unit shares were traded by 1,969 transactions worth Rs 132,033,036. The market capitalization at the end of the day stood at Rs 586,920.18 million.