On February 27, the stock market experienced a significant increase of 47.15 points, closing at 2,815.04, marking a 1.77% rise from the previous day. The day began with an upward movement, reaching an intraday high of 2,817.15 within the first hour. After fluctuating throughout the day, the market dropped to its lowest point of 2,790.24 before closing higher. Along with the overall gain, the total turnover increased to NPR 11.39 Arba, up from NPR 9.90 Arba the previous day.
Market Summary
By the end of the trading day, 26,199,780 shares were traded in 112,032 transactions, involving 300 scripts. Among these, 186 companies saw their prices rise, 52 experienced declines and 6 remained unchanged. The market sentiment remained positive, with increased buying activity overall.
Top Turnover
Himalayan Reinsurance Limited (HRL) recorded the highest turnover of NPR 96.4 crore. Its stock price rose by 0.48%, closing at Rs. 1,029.90, up from Rs. 1,025.00.
Top Gainer
- Guardian Micro Life Insurance Limited (GMLI) and Upper Hewakhola Hydropower Company Limited (UHEWA) were the top gainers of the day, with their prices increasing by 10% and hitting the upper circuit limit.
- Sindhu Bikash Bank Ltd (SINDU) and Dordi Khola Jal Bidyut Company Limited (DORDI) also saw significant gains, rising by 9.99%, and nearly hitting the upper circuit.
Top Loser
Bhugol Energy Development Company Limited (BEDC) was the biggest loser of the day, dropping 7.17% with an LTP of Rs. 790.00, down from Rs. 851.00.
Top Transaction
Himalayan Reinsurance Limited (HRL) also recorded the highest number of transactions, with 6,972 trades at an LTP of Rs. 1,029.90.
Top Volume
NIBL Samriddhi Fund -2 (NIBSF2) led in trading volume, with 1,407,290 shares traded at an LTP of Rs. 8.60.
Sector-wise Performance
In today’s market, all sectors are closed in the green.
- Banking Sub-Index gained the most, rising by 3.32%.
- Finance Index declined the most, dropping by 0.28%.
The market ended on a strong positive note, with increased buying activity and gains across most sectors.
