On 16th December (1st Poush), following three consecutive days of market closure, the market saw a correction, declining by 51.37 points to close at 2630.91. This marks a 1.91% decrease compared to the previous trading day. Along with the market decline, today’s turnover dropped to NPR 5.93 Arba, down from NPR 6.14 Arba.
By the end of the day, the market summary showed that 12,745,777 shares were traded through 67,648 transactions involving 304 scrips. The total market capitalization stood at NPR 43.63 Kharab. Among the traded companies, 15 saw their share prices rise, 227 experienced declines and 2 remained unchanged. Investor sentiment was mostly negative, leading to a drop in the prices of most stocks.
Top Turnover:
NRN Infrastructure and Development Limited (NRN) led today’s market making the highest turnover of NPR 26.45 crores. At the same time, its stock price decreased from NPR 1030.00 to NPR 984.40 per share.
Top Gainer:
Kutheli Bukhari Small Hydropower Limited (KBSH) is the top gainer of today’s market recording the highest growth of 10% in its stock price. The top 10 gainers of the today’s market are as follows:
Top Loser:
On the other hand, Janaki Finance Company Limited (JFL) has recorded the highest decline of 9.58% in today’s market making it the biggest loser of the day. The list of the 10 most declined companies are:
Top Transaction:
Nepal Finance Ltd. (NFS) recorded the highest number of transactions in today’s market i.e. 1,961. Where Its last traded price was NPR 1,006.00.
Top Volume:
Hydroelectricity Investment and Development Company Limited Promoter (HIDCLP) had the highest trading volume today, with 614,096 shares traded. Where Its last trading price was 167.00.
Sector-wise Performance:
Today’s sector-wise market performance showed a decline across all sectors, with the Finance Index experiencing a notable drop of 143.76 points (4.41%). The Mutual Fund Index saw a smaller decline of 0.19 points (0.91%).
