On February 20, the stock market saw a slight increase of 3.14 points, closing at 2,743.74, which is a 0.11% rise from the previous trading day. The day started with a small rise, but the market later dropped to its lowest point of 2,721.46. After that, it fluctuated throughout the day, reaching a high of 2,752.36 points before closing. Despite the market’s overall gain, the total turnover decreased to NPR 8.62 Arba, down from NPR 10.43 Arba the previous day.
Market Summary
By the end of the day, 15,637,006 shares were traded in 86,223 transactions, involving 309 companies. Out of these, 81 companies saw their prices go up, 158 saw declines, and 5 remained unchanged. The market sentiment was positive, with increased buying activity.
Top Turnover
Nepal Reinsurance Company Limited (NRIC) had the highest turnover of NPR 65.66 crores. Its stock price rose by 2.09%, closing at Rs. 1,077.00, up from Rs. 1,055.00.
Top Gainer
Guardian Micro Life Insurance Limited (GMLI) was the top gainer of the day, with its price increasing by 9.99% and hitting the upper circuit limit. Its last traded price (LTP) was Rs. 709.30.
Top Loser
Barahi Hydropower Public Limited (BHPL) was the biggest loser, dropping 8.35% with an LTP of Rs. 1,141.00.
Top Transaction
Himalayan Reinsurance Limited (HRL) recorded the highest number of transactions, with 3,665 trades at an LTP of Rs. 934.00.
Top Volume
Nepal Reinsurance Company Limited (NRIC) led in trading volume, with 630,897 shares traded at an LTP of Rs. 1,077.00.
Sector-wise Performance
Out of all sectors, 3 saw gains while 9 declined.
- Life Insurance gained the most, rising by 2.42%.
- Manufacturing and Processing declined the most, dropping by 0.84%.
The market ended on a positive note, with increased buying activity and gains in several sectors.
