Kathmandu: On September 22, 2024, the Nepal Stock Exchange (NEPSE) Index closed at 2,588.35, marking an increase of 11.58 points, or 0.44%. The market saw a total turnover of NPR 5.09 billion, with 12,485,731 shares traded across 72,957 transactions. A total of 325 scrips were involved in the day’s trading.
In terms of market capitalization, the total market value stood at NPR 4.11 trillion, while the float market capitalization, which accounts for only the shares available for public trading, was NPR 1.44 trillion.
Sub-Indices Performance:
- Banking SubIndex rose by 14.91 points (1.01%) to close at 1,477.33.
- Development Bank Index gained 33.74 points (0.66%) to 5,121.28.
- Finance Index dipped by 5.25 points (-0.17%), closing at 3,019.65.
- Hotels and Tourism Index saw a drop of 39.57 points (-0.61%) to close at 6,364.50.
- Hydropower Index rose by 10.15 points (0.31%), reaching 3,200.85.
- Investment Index gained 0.65 points (0.62%) to close at 105.37.
- Life Insurance Index registered an increase of 30.74 points (0.24%) to 12,554.92.
- Manufacturing and Processing Index saw a decline of 13.61 points (-0.19%), finishing at 6,835.70.
- Microfinance Index dropped by 9.14 points (-0.18%) to 4,875.97.
- Mutual Fund Index edged down slightly by 0.02 points (-0.10%) to 20.98.
- Non-Life Insurance Index rose significantly by 62.06 points (0.47%) to 13,012.69.
- Others Index climbed by 8.19 points (0.41%) to close at 1,974.50.
The banking sector led the positive trend, followed by notable gains in the Development Bank and Hydropower sectors. However, sectors like Hotels and Tourism, Manufacturing, and Microfinance faced minor losses. Despite the mixed performance, the overall market showed resilience, buoyed by investors’ confidence in specific sectors.
