The Nepal Stock Exchange (NEPSE) experienced a downturn today, shedding 16.95 points (-0.62%) to close at 2,676.17. The trading session opened at 2,691.6, reaching an intraday high of 2,696.50 before touching a low of 2,654.57.
Market Performance Overview
- Total Turnover: Rs. 5.79 Arba
- Total Traded Shares: 10,670,649
- Total Transactions: 56,548
- Number of Listed Companies Traded: 320
Despite the decline in the benchmark index, market liquidity remained strong, with substantial trading activity across multiple sectors.
Top Performers and Laggards
Gainers
- Guardian Micro Life Insurance Limited (GMLI) surged 10%, hitting the positive circuit breaker, closing at Rs. 550. This remarkable jump signals strong investor interest in the insurance sector.
- Other gainers included stocks from the microfinance and insurance sectors, which showed relative resilience despite the overall market decline.
Losers
- Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) took the biggest hit, plunging 5.56% to Rs. 340.
- Several financial institutions and investment companies also faced downward pressure amid the broader market slump.
Sectoral Analysis
- Trading Index saw the highest gain of 3.8%, indicating renewed activity in trading-based stocks.
- Finance Index recorded the biggest drop of 1.84%, reflecting bearish sentiment in the finance sector.
- The Banking Sector, a key driver of NEPSE, saw mixed performance, with some commercial banks registering minor gains while others remained in the red.
Most Traded Stock
- Himalayan Reinsurance Limited (HRL) led the turnover chart with a total trading value of Rs. 64.25 Crores, closing at Rs. 1,017 per share.
- The high trading volume in HRL suggests strong investor confidence in Nepal’s reinsurance sector.
Investor Sentiment and Market Outlook
Today’s market performance indicates a period of consolidation, with investors closely monitoring global financial trends, interest rate policies, and domestic economic developments.
The presence of high turnover despite a declining index suggests that investors are actively rebalancing their portfolios, possibly shifting towards safer sectors like insurance and reinsurance.
Going forward, traders will keep an eye on corporate earnings reports, policy updates, and liquidity flows to gauge the market’s direction in the coming sessions.
