NEPSE GAIN FURTHER MILEAGE

Sharesansar, 30th July
    
The share market of Nepal gained further mileage today as the benchmark index rallied by 6.92 points.

As the fiscal year 2069/70 has just ended, the companies have started publishing financial reports, and the speculation of possible dividend for this fiscal year has started to kick-in on the market.

With such scenario in place, the investors are in a row to grab scrips of good companies at current level attributing to the overall growth of the secondary market in recent days.

Today’s incline propelled the market index over the four and half months high to 545.97 levels.

 Among the sub-indices, Hydro surged by a hefty 36.06 points followed by Insurance and Others with 16.42 and 11.74 points leap respectively.

Similarly, Banking advance by 6.53 points alongside 1.11 gains of Finance whereas Development and Hotels dropped by 0.25 and 0.38 points respectively.

All in all, the scrips of 99 companies were traded, out of which 60 scrips gained, 14 remained intact and 25 scrips lost.

The best performers for the today was, Summit Micro Finance Development Bank Ltd. (SMFDB), closed at Rs 286, with the gain of Rs 26 or 10%.

Whereas, Peoples Finance Limited (PFCL), closed at Rs 169, was the top loser with Rs 18 or 9.63% loss.

In case of the highest shares traded among mutual fund, Nabil Balance Fund 1 (NBF1), closed at Rs 10.15, topped with 80.819 units. In case of ordinary scrips, International Leasing And Fin. Co. (ILFC), closed at Rs 157, topped with 33,318 units.

In terms of turnover also, Chilime Hydro power Co. (CHCL), closed at Rs 1420, topped with 9,370 units worth Rs 13,217,112 via 1,420 transactions. The broker with the highest standalone dealing of the CHCL was Broker No 45 (Imperial Securities Co .Pvt. Limited) with 19.05%; amounting Rs 5,034,594 via 18 transactions totaling 3,566 units which includes 2 matching transactions tallying  398 units worth Rs 557,200.

Overall, 501,061 units of share were traded by 1,880 transactions worth Rs 147,089,484; the market capitalization by the end of the day tallied to Rs 542,811.15 million.