On February 24, the stock market saw a slight increase of 3.35 points, closing at 2,758.75, marking a 0.12% rise from the previous day. The day began with an upward movement, reaching an intraday high of 2,784.95 points within the first hour of trading. However, the market later followed a downtrend, dropping to the lowest point of 2,747.13 before closing with a marginal gain of 3.35 points. Despite the market’s overall gain, the total turnover decreased to NPR 11.08 Arba, down from NPR 11.54 Arba the previous day.
Market Summary
By the end of the trading day, 21,110,619 shares were traded in 103,262 transactions, involving 310 companies. Among these, 92 companies saw their prices rise, 143 experienced declines and 9 remained unchanged. The market sentiment remained positive, with increased buying activity.
Top Turnover
Himalayan Reinsurance Limited (HRL) recorded the highest turnover of NPR 89.35 crores. Its stock price rose by 0.81%, closing at Rs. 990.00, up from Rs. 982.00.
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. 858.20.
Top Loser
Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) was the biggest loser of the day, dropping 10.00% with an LTP of Rs. 3,779.10.
Top Transaction
Himalayan Reinsurance Limited (HRL) also recorded the highest number of transactions, with 7,639 trades at an LTP of Rs. 990.00.
Top Volume
Ghalemdi Hydro Limited (GHL) led in trading volume, with 1,506,161 shares traded at an LTP of Rs. 260.00.
Sector-wise Performance
Out of all sectors, 4 saw gains while 8 declined.
- Others Index gained the most, rising by 2.50%.
- Finance Index declined the most, dropping by 1.21%.
The market ended slightly positively, with increased buying activity and mixed performance across sectors.
