On February 6, the stock market recorded an 11.64-point decrease, closing at 2,699.81, marking a 0.42% decline from the previous trading day. The market remained volatile, reaching an intraday high of 2,720.48 before following a downward trend and closing in the red. Total turnover slightly increased to NPR 9.24 Arba, up from NPR 8.95 Arba.
Market Summary
By the end of the trading day, the market summary shows that 18,680,392 shares were traded through 92,326 transactions involving 315 scrips. Among these, 74 companies experienced price gains, 160 saw declines, and 9 remained unchanged. Despite fluctuations, the overall market sentiment remained negative, with increased selling activity.
Top Turnover
Sahas Urja Limited (SAHAS) recorded the highest turnover at NPR 31.35 crores, with its stock price increasing to Rs. 507.90, up from Rs. 505.30.
Top Gainer
Upper Lohore Khola Hydropower Company Limited (ULHC) was the top gainer, hitting the positive circuit with a 10% gain.
Top Losers
Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) and Corporate Development Bank Limited (CORBL) were the biggest losers, dropping 10% in today’s market.
Top Transaction
Sahas Urja Limited (SAHAS) recorded the highest number of transactions, completing 1,989 trades at an LTP of Rs. 507.90.
Top Volume
Sahas Urja Limited (SAHAS) also led in trading volume, with 614,282 shares traded at an LTP of Rs. 507.90.
Sector-wise Performance
Except Finance Index all the sectors closed in red where:
- Finance Index: The only sector to close positive, rising by 1.58%.
- Development Bank Index: Declined the most, dropping by 1.53%.
The market ended on a negative note, with most sectors closing in the red, reflecting continued selling pressure despite an increase in turnover.