NEPSE Index continues to break records to close at 1632.17 points, gaining almost 200 points this week; three commercial banks hit the positive circuit
Thu, Feb 27, 2020 3:45 PM on NEPSE News, Stock Market, IPO/FPO News,
The market continues its record breaking trend after gaining 2.26% or 36.05 points today. The benchmark index closed for the week at 1632.17 points. The total gain of the week amounts to massive 197.61 points. The turnover amount stood at a high of Rs.4.46 Arba achieved through trade of 10,859,656 units of shares traded through 35,467 transactions trading scrips of 180 listed companies in the process. The total turnover for the week stood at a high of Rs.18.62 Arba. The market capitalization stood at an all time high of Rs.20.83 Kharba.
| NEPSE Index | |||||
|---|---|---|---|---|---|
| Date | High | Low | Close | Gain | Volume |
| 2/23/2020 | 1,509.92 | 1,435.87 | 1,504.14 | 69.57 | 3,608,526,354 |
| 2/24/2020 | 1,536.83 | 1,499.04 | 1,502.18 | (1.96) | 3,410,516,278 |
| 2/25/2020 | 1,544.07 | 1,480.24 | 1,545.19 | 43.01 | 2,992,160,524 |
| 2/26/2020 | 1,596.13 | 1,548.32 | 1,596.13 | 50.94 | 4,154,883,092 |
| 2/27/2020 | 1,635.51 | 1,557.68 | 1,632.17 | 36.05 | 4,460,536,251 |
| TOTAL | 197.61 | 18,626,622,499 | |||
Nepal Life Insurance Company Limited (NLIC) posted the highest turnover at Rs.28.92 Crore followed by NIC Asia Bank Limited (NICA) at turnover of Rs.20.59 Crore. Stocks of commercial banks were traded the most in terms of volume. Prabhu Bank Limited (PRVU) stood ahead with trade of 423,808 units of shares.
Commercial Banks also dominated the top gainer’s list with three commercial banks hitting the positive circuit. Everest Bank Limited (EBL) gained 10% followed by Nepal SBI Bank (SBI) and Himalayan Bank Limited (HBL) with gain of 9.94% and 9.92% respectively. Ngadi Group Power Limited (NGPL) was the top loser as it lost 6.71% or 10 points and closed at Rs.139 per share.
Sensitive Index gained 11.63 points and closed at 347.68 points while Float Index gained 3.01 points and closed at 115.70 points.
Banking, Development Banks and Manufacturing sector were among gaining sub-indices while the rest of the sub-indices ended in the red zone after losing points today.
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