The final trading day of 2024 has concluded with the NEPSE index falling by 33.08 points, closing at 2,576.50. Despite this drop, the year 2024 marked a significant growth for NEPSE, with the index rising by 24.53% overall.
At the close of 2023, on December 28, 2023, the NEPSE index stood at 2,068.90. By the end of 2024 (December 31, 2024), the index increased by 507.60 points, reaching 2,576.50.
Performance Highlights of 2024
The performance highlights of 2024 reflect significant growth across key indices. The Sensitive Index rose by 15.38%, while the Float Index experienced a notable increase of 22.76%. Additionally, the Sensitive Float Index recorded a gain of 17.38%, showcasing robust market performance throughout the year.
Yearly Market Summary (As of 2024 A.D.)
Sector-Wise Performance
Out of the 13 subgroups, the Trading Subgroup achieved the highest growth, rising by a staggering 58%.
- The index for the Trading Subgroup grew from 2,867.75 at the end of 2023 to 4,530.99 in 2024, adding 1,663.24 points.
- The Finance Subgroup also performed well, with a growth of 56.94%.
- On the lower end, the Mutual Fund Subgroup saw the smallest increase, growing by just 7.25%, with its index rising by 1.37 points to reach 20.26.
NEPSE Sub-Indices – Yearly Points Change (%)
Top Performing Stocks
The share price of Samaj Laghubitta Bittiya Sanstha recorded the highest increase, surging by a remarkable 1,855.22%.
- The stock price rose from Rs. 176.20 at the end of 2023 to Rs. 3,445.10 at the close of 2024.
Other notable performers include: - Guras Laghubitta Bittiya Sanstha: Up by 286.46%.
- Support Microfinance: Increased by 284.35%.
Yearly Performance – Percentage Change
Conclusion
The year 2024 proved to be a dynamic period for NEPSE, showcasing significant growth across indices and sectors despite fluctuations. Top-performing stocks and subgroups highlighted the resilience and opportunities within the Nepali stock market.