On January 16, the stock market experienced a slight decline of 7.33 points, closing at 2,588.62, marking a 0.28% drop from the previous day. The market showed volatility throughout the session and closed with a negative sentiment. Total turnover increased slightly to NPR 5.93 Arba, up from NPR 5.82 Arba.
Market Summary
By the end of the trading session, the market summary shows that 11,749,701 shares were traded through 70,634 transactions involving 296 scrips. Among the companies traded, 89 saw their stock prices rise, 151 declined, and 3 remained unchanged. The overall market sentiment was negative, with a majority of shares being bought.
Top Turnover
Sindhu Bikash Bank Ltd (SINDU) recorded the highest turnover at NPR 28.57 crores. Its stock price increased to Rs. 1,092.00 from Rs. 1,187.00.
Top Gainer
Bottlers Nepal (Balaju) Limited (BNL), Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB), and Mandakini Hydropower Limited (MHL) each saw a 10% price increase. Upper Hewakhola Hydropower Company Limited (UHEWA) followed closely with a 9.99% rise.
Top Losers
Pokhara Finance Ltd. (PFL) experienced the biggest loss, with its stock price dropping by 10% to Rs. 433.00 from Rs. 481.10.
Top Transaction
Nepal Finance Ltd. (NFS) had the highest number of transactions, completing 2,064 trades at its last traded price of Rs. 803.00.
Top Volume
Siddhartha Equity Fund (SEF) led in trading volume, with 261,739 shares traded at a last traded price of Rs. 9.62.
Sector-wise Performance
Looking the today’s market sector-wise
- Manufacturing and Processing Index: Gained 63.77 points (0.95%).
- Non-Life Insurance Index: Experienced the largest decline, dropping by 8.41 points (0.06%).
The market closed on a negative note despite gains in major sectors. Trading activity saw an increase in both turnover and volume, reflecting a slightly improved market engagement.
