On February 23, the stock market experienced a slight increase of 11.66 points, closing at 2,755.40, marking a 0.42% rise from the previous day. The day began with a small dip to the lowest point of 2,692.36, but the market then followed an upward trend, reaching an intraday high of 2,768.91 before closing. Along with the market’s overall gain, the total turnover increased to NPR 11.54 Arba, up from NPR 8.62 Arba the previous day.
Market Summary
By the end of the trading day, 21,206,005 shares were traded in 108,913 transactions, involving 328 companies. Among these, 91 companies saw their prices rise, 148 experienced declines and 4 remained unchanged. The market sentiment remained positive, with increased buying activity.
Top Turnover
Himalayan Reinsurance Limited (HRL) recorded the highest turnover of NPR 95.64 crores. Its stock price rose by 5.14%, closing at Rs. 982.00, up from Rs. 934.00.
Top Gainer
Guardian Micro Life Insurance Limited (GMLI) was the top gainer of the day, with its price increasing by 10% and hitting the upper circuit limit. Its last traded price (LTP) stood at Rs. 780.20.
Top Loser
Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) was the biggest loser, dropping 6.79% with an LTP of Rs. 4,986.00.
Top Transaction
Himalayan Reinsurance Limited (HRL) also recorded the highest number of transactions, with 6,872 trades at an LTP of Rs. 982.00.
Top Volume
Himalayan Reinsurance Limited (HRL) led in trading volume, with 990,672 shares traded at an LTP of Rs. 982.00.
Sector-wise Performance
Out of all sectors, 7 saw gains while 5 declined.
- Others Index gained the most, rising by 3.72%.
- Trading Index declined the most, dropping by 1.32%.
The market ended on a positive note, with increased buying activity and gains across several sectors.