Nepse ends the week on red

July 29, 2021 19:38 pm

KATHMANDU, July 29: The stock market opened above the 3100 mark in the pre-opening session on Thursday. However, the market pulled back immediately to trade in the red zone. Thereafter, the benchmark index managed to recoup its earlier losses within the first hours of trading. But the market continued to trade in the negative territory for the most of the session. At the end, Nepse was down by 15.13 points at 3079.82.

KATHMANDU, July 29: The Nepal Stock Exchange (Nepse) index opened Wednesday’s trading firmly higher and traded above the 3,100 mark in the beginning trading hour. However, with selling pressure seen in hydropower stocks, the broader market witnessed a pullback. The benchmark traded briefly in red in the afternoon before a small recovery helped the index close with a gain of 15.30 points. Nepse ended Wednesday’s session at 3,094.95.

KATHMANDU, July 27:  The Nepal Stock Exchange (Nepse) opened with a sharp dip with weakness seen in banking stocks. Nepse tanked close to 3,000 mark before a recovery pulled the index towards the opening level at mid-day. With sustained strength seen in energy stocks, the bourse continued to see a steady advance in the latter trading hours of Tuesday’s session. The benchmark ended with a gain of 29.23 points at 3,079.66.

KATHMANDU, July 26: After opening more than 16 points higher, a deep correction dragged the benchmark equity index towards negative territory within few minutes of trading. However, the index immediately recouped its earlier losses. The market continued to gyrate on either side of the spectrum for the first trading hour.  Thereafter, the benchmark index remained on the lower side of the spectrum. At the end, the index settled with a minor loss of 8 points at 3050.43.

KATHMANDU, July 25: The Nepal Stock Exchange (Nepse) index opened Sunday’s trading on a positive note and traded more than 30 points higher in the morning. Despite a minor pullback in the first hour, stocks continued to see strength in the latter trading hours. A steady rise seen in stocks saw the benchmark post a gain of more than 54 points to close Sunday at 3,058.64.

KATHMANDU, July 22: The Nepal Stock Exchange (Nepse) index opened Thursday’s trading almost flat and traded slightly in the positive territory for the first half of the session. A notable advance in mid-session saw the index almost hit 3,020 mark, before selling pressure in some of the sectors pulled the index back with the benchmark partially giving up day’s gains. At the close, Nepse was 18.76 points higher at 3,004.33.

KATHMANDU, July 20: Stocks opened Tuesday’s session in green with the benchmark Nepal Stock Exchange (Nepse) index trading briefly above 3,000 mark in the morning. The market saw some volatility in the first half of the session gyrating between 2,980 and 3,000 mark but a correction towards the closing hours dragged the index in negative territory. At Tuesday’s close, Nepse was down 9.01 points at 2,985.57.

KATHMANDU, July 19: Stocks opened firmly higher before profit booking in almost all of the sectors pulled the index sharply towards the opening level. However, the Nepal Stock Exchange (Nepse) index managed to maintain positive bias throughout the latter trading hours. The index traded more than 30 points higher at mid-day, but gave up gains partially towards the close. Nepse closed up by 13.80 points at 2,994.42.

KATHMANDU, July 16: The equity market opened last trading week of the financial year 20/21 on an upbeat footing. Rallying more than 74 points on Sunday, the Nepal Stock Exchange (Nepse) index reached 2,900 mark. However, on the court’s decision to reinstate the parliament and order to the president to appoint Congress leader Sher Bahadur Deuba as the prime minister, stocks saw weakness amidst uncertain political outlook.

KATHMANDU, July 14: After opening more than 10 points higher, a deep correction dragged the benchmark equity index towards negative territory. Nonetheless, the broader market pared the early losses to trade along the opening level in the afternoon. Movements remained modest thereafter, with the index settling with a gain of 1.01 points at 2,872.05.

KATHMANDU, July 14: The equity market extended its losses to start Tuesday’s session in red. After dipping around 5 points, The Nepal Stock Exchange (Nepse) index staged a rebound crossing 2,880 mark within the first trading hour. Nonetheless, stocks corrected the rafter but maintained positive bias throughout the latter trading hours. At the close, Nepse settled with a gain of 16.34 points at 2,871.03.

KATHMANDU, July 11: Stocks maintained positive bias since the beginning of Sunday’s trading session. The Nepal Stock Exchange (Nepse) index shot up by more than 40 points in the morning before registering a slight correction. Nonetheless, stocks continued to see strength in the latter trading hours. At the close, Nepse rose 74.71 points recouping its July losses to settle at 2,899.82.

KATHMANDU, July 9: The equity market began week with continuation of downtrend as Sunday saw the Nepal Stock Exchange (Nepse) index dip 8.48 points. On Monday, the benchmark lost 11.78 points followed by a decline of 4.63 points on Tuesday. Losses intensified on Wednesday as Nepse gave up another 16.98 points to close just above 2,800 mark. Nonetheless, after four straight days of loss, stocks found some footing with Nepse clawing back 23.98 points on Thursday, keeping the weekly loss below 20 points. The index fell 17.89 points or 0.63% in the week on review to end at 2,825.11.

KATHMANDU, July 8: The equity market opened Thursday’s session with a marginal dip and traded in red for most of the beginning trading hour. Nonetheless, stocks saw strength after mid-session with the Nepse index registering a steady advance in the afternoon. The last trading day of the week saw the benchmark close with a daily gain of 23.97 points at 2,825.11.

KATHMANDU, July 7: Stocks traded briefly in green before pulling back towards the opening level in the morning. Subsequently, the benchmark traded flat for most of the first half of Wednesday’s trading session. Nonetheless, selling pressure in the afternoon dragged the index towards negative territory. At the close, Nepse registered a loss of 16.97 points or 0.6% to end at 2,801.13.

KATHMANDU, July 6: The Nepal Stock Exchange (Nepse) index opened the session slightly in green before reverting towards the opening level. The index climbed over 10 points briefly in the morning, but witnessed a strong pullback dragging the index in red. Stocks saw lackluster trading thereafter hovering close to the opening level throughout Tuesday’s session. At the close, Nepse ended 5.24 points lower at 2,818.11.

KATHMANDU, July 4: The local stock exchange opened Sunday’s session slightly in green. The benchmark Nepse index traded more than 10 points higher in the morning before a steady decline dragged the market in the negative territory. Nepse fell around 5 points at mid-session and hovered along the opening level for most of the remaining trading hours. At the close, Nepse ended with a minor loss of 8.48 points at 2,834.52.

Nepse ends week with modest gain

July 1, 2021 20:20 pm

KATHMANDU, July 1: The equity market opened session slightly in green and rose sharply in the beginning trading hour. Despite a modest pullback, the benchmark continued to rise till mid-session reaching as high as 2,867. However, stocks changed course in the remaining trading hours. Selling pressure in afternoon saw the index give up most of the early gains to settler Thursday’s trading with an advance of 19.12 points. Nepse finished session at 2,843.

KATHMANDU, June 30: The local bourse slid sharply in the morning with Nepse trading below 2,800 mark. A failed recovery attempt thereafter saw the index falter further reaching as low as 2,782. However, stocks found some ground in the second half of Wednesday’s session. A sharp recovery seen in finance and development bank stocks pushed the index close to its opening level. Consequently, Nepse finished the day down 4.13 points against the session earlier at 2,823.88.

KATHMANDU, June 28: The Nepal Stock Exchange (Nepse) index opened Monday’s session firmly in green and traded above 2,900 mark briefly. Despite slight correction in the beginning hour, Nepse traded mostly in green in the first half of the session. Stocks plateaued thereafter with a final hour dip dragging the index in the negative territory. A last minute recovery helped the index close with a gain of 5.11 points at 2,875.50.

Nepse begins week on upbeat note

June 28, 2021 07:20 am

KATHMANDU, June 28: Stocks climbed higher in the morning with the Nepal Stock Exchange (Nepse) index advancing more than 30 points higher. A sharp pullback dragged the index towards negative territory at mid-day. However, with buyers gaining control in the latter part of the session, Nepse saw a steady advance in the afternoon. Nepse finished Sunday’s trading slightly off its intraday high at 2,870.18 – down 27.17 points against the session earlier.

KATHMANDU, June 25: Stocks stretched their losing run opening the week with a sharp dip. On Sunday, the Nepal Stock Exchange (Nepse) index fell 63.10 points followed by a 70.91 points’ rout on Monday. With the index dipping more than 190 points in five consecutive sessions, the bourse saw notable buying pressure at mid-week. The benchmark recouped 79.43 points on Tuesday. However, the rebound was cut short by further selling pressure towards the end of the week. The Nepse index plunged 53.88 points on Wednesday, while Thursday saw a relatively modest dip of 16.96 points. Overall, the index registered a decline of 125.42 points in the review period, its biggest weekly loss in more than a year. The 4.23%-dip saw the index end at 2,843.

KATHMANDU, June 23: The Nepalese equity market opened firmly in green but slipped sharply in the morning. The index fell more than 20 points in the morning, before climbing above the prior close briefly. Further, stocks struggled after mid-day falling below 2,900 mark. A steady decline in the latter trading hours saw the benchmark fell 53.88 points to end at 2,859.96.

KATHMANDU, June 22: Local stocks traded in green in the morning before regressing towards negative territory briefly. Nepse went as low as 2,825 before buyers gained control of the market. By mid-day, the benchmark was up by more than 15 points. The index continued to see steady advance throughout the latter part of the trading session. By Tuesday’s close, Nepse staged a massive rebound to end the day with a gain of 79.43 points at 2,913.84.

KATHMANDU, June 21: The local stock market opened in green but moved sharply lower within first few minutes of trading. A brief recovery pushed the Nepal Stock Exchange (Nepse) index in positive territory but the equity market failed to sustain its gains. Aggressive selling pressure was witnessed in the latter half of the session with the index closing slightly above its intra-day low at 2,834.41. The day’s loss stood at 71.06 points.

KATHMANDU, June 21: The Nepal Stock Exchange (Nepse) opened this week’s trading on a significantly weak note. The equity market’s benchmark Nepse index opened slightly higher but gave up early gains as all stocks faced notable selling pressure. The index fell around 30 points by mid-day and gave further ground towards the closing hours. At the end of Sunday’s session, Nepse finished at 2,905.32 – down 63.11 points against the session earlier.

KATHMANDU, June 19: Stretching the gaining streak, the Nepal Stock Exchange (Nepse) opened week on a firmly bullish note. With gains of 38.33 points and 42.72 points in Sunday and Monday’s trading session on the back of record volumes, the index hit a fresh closing high at 3,025.83. The market lost some steam at mid-week, with the index losing a modest 3.72 points. However, a sharp plunge ensued following Sebon’s listing of 51 companies deemed overvalued by the regulator on Tuesday evening.

KATHMANDU, June 18: The benchmark index witnessed a highly volatile session on the last trading day of the week. After plunging around 25 points early in the morning, the Nepal Stock Exchange (Nepse) index witnessed a sharp recovery towards positive territory. Thereafter, the benchmark gyrated between gains and losses in the latter trading hours. At the close on Thursday, the benchmark ended little changed with a decline of 1.30 points at 2,968.42.

KATHMANDU, June 16: Following the press release by Securities Board of Nepal (Sebon), stocks remained firmly under pressure throughout Wednesday’s session. Stocks plunged in the beginning trading hour, but hovered over 3,000 mark in the first half of the trading session. However, a sharp selling pressure in the latter hours pushed the benchmark 52.39 points lower to close at 2,969.72.

KATHMANDU, June 15: The stock market crossed 3,050 mark for the first time in early morning trading on Tuesday, with Nepse opening at 3,064. However, stocks lost its footing on the back of aggressive profit booking paring all of the morning gains before mid-session. The index also fell below the opening level briefly in the afternoon. After hovering along the opening level towards the latter part of the session, Nepse ended the day with a decline of 3.72 points at 3,022.11.

KATHMANDU, June 14: The equity market continued to see strength as Nepse traded in green throughout Monday’s trading. Stocks moved sharply higher in the first trading hour with Nepse reaching as high as 3,050. However, the bourse gave up most of its early gains in a sharp mid-day pullback. The benchmark hovered around 3,020 mark thereafter, finally ending Monday’s trading at 3,025.83.

KATHMANDU, June 14: The local stock market began Sunday’s session on an upbeat note with the Nepse index climbing more than 30 points higher in the first few minutes of trading. Even though Nepse traded in green throughout the trading hours, stocks witnessed high volatility in the early hours. Following a consolidation in the afternoon at around 2,970 mark, the index registered further gains towards the close. The benchmark ended the day 38.32 points higher at 2,983.11.

KATHMANDU, June 12: Following a gain of 41.37 points in the week earlier, the bourse continued to see upbeat movement since the beginning of the week. On Sunday, the local equities’ benchmark Nepse shot up by more than 50 points. After closing little changed on Monday, Tuesday saw another advance of 53.44 points. Stocks gave some ground towards the latter half of the week. Nepse index fell 13.56 points on Wednesday followed by a modest dip of 1.80 points on Thursday. Despite some retracement seen towards the end of the week, Nepse ended firmly higher at 2,944.78 points with a weekly gain of 88.01 points or 3.08%.

KATHMANDU, June 11:Despite opening more than 20 points higher in the early hours, the Nepal Stock Exchange (Nepse) remained under pressure. Gains were truncated in the latter part of the session with some sectors dragging the benchmark lower. Nonetheless, Nepse managed to end Thursday’s trading essentially flat at 2,944.78. The day’s loss stood at 1.8 points or 0.06%.

KATHMANDU, June 9: After trading briefly above the 3,000 mark, the benchmark of Nepalese equities pulled back firmly towards opening 2,960 level. Following a failed attempt to recoup early morning gains, the broader market remained under pressure in the latter half of the session. Nepse ended the day with a modest loss of 13.56 points to end Wednesday at 2,946.58.

KATHMANDU, June 8: Stocks opened session in green and plateaued for the first half an hour of Tuesday’s trading session. Nonetheless, with finance and development bank stocks stretching upward movement further, the Nepse index climbed as high as 2,960 around mid-day. After a brief consolidation in late afternoon, the index closed the day at its intra-day high of 2,960.14 – up 53.44 points against the session earlier.

KATHMANDU, June 7: The benchmark equity index opened firmly higher but pulled back towards the opening level at mid-day. Retracement seen in heavyweight banks dragged the Nepse index towards negative territory in the afternoon but losses remained modest. Stocks found some footing at the end of the trading session with Nepse finishing session essentially flat at 2,906.70 – down a modest 0.21 points against session earlier.

KATHMANDU, June 6: Stocks rallied sharply in Sunday morning as the broad based Nepse index touched 2,920 mark for the first time in its history. A sharp pull-off saw the market give up most of its earlier gains before holding its footing around 2,900 mark in the latter part of the session. Eventually, Nepse ended the day with a gain of more than 50 points to end at 2,906.91.

KATHMANDU, June 3: After inching close to all-time high in the prior day, the Nepal Stock Exchange made a fresh record on the last trading day of the week. The benchmark climbed more than 35 points in the morning before registering a minor retracement at mid-day. Further gains followed in the latter trading hours as the index closed the session slightly off its intra-day high at 2,856.77. The day’s gain stood at 29.64 points.

KATHMANDU, June 2: The Nepal Stock Exchange (Nepse) index opened Wednesday’s session in green before correcting towards the opening level in the morning. Nonetheless, stocks continued to see strength after mid-day. A steady advance throughout the afternoon trading pushed the index 55.76 points to finish session at 2,827.13.

KATHMANDU, June 1: The equity market traded over 17 points higher in Tuesday morning, recouping some of the prior day losses. Nonetheless, extended profit booking in the session dragged the market lower as Nepse hovered close to the opening level for most of the afternoon. A dip in the final trading minutes saw the benchmark end with a 11.68 point’s decline at 2,771.15.

KATHMANDU, May 31: The equity market saw strength in the beginning trading hour as the Nepal Stock Exchange (Nepse) index touched 2,850 mark briefly in the morning. However, aggressive profit taking continued thereafter. The index pulled back towards the opening level in the morning before making a brief recovery at mid-day. Gains remained truncated as selling pressure dragged the market in red in the latter part of the session. At Monday’s close, Nepse stood at 2,782.86 – a dip of over 45.07 points against the prior session.

KATHMANDU, May 30: Following modest corrections in the latter half of the prior week, stocks saw massive gains in Sunday morning. The Nepal Stock Exchange (Nepse) index rallied more than 35 points in the first trading hour before pulling back towards opening level. Nonetheless, the benchmark maintained positive bias throughout the afternoon. Following some correction in the final hour, Nepse ended the day 12.54 points higher at 2,827.93.

KATHMANDU, May 28: The Nepal Stock Exchange (Nepse) index extended gains from prior week as the benchmark rose 32.81 points on Sunday. Stocks saw further advance on Monday but momentum tapered with the broad based index adding 3.05 points. Some correction was witnessed in the latter part of the week. Tuesday saw a modest 6.45-point’s decline in the equity market, while the exchange remained closed on Wednesday on the occasion of Buddha Jayanti. The benchmark ended little changed in the last trading session of the week closing with a 1.20-point’s dip. Overall, the gain tally for the week stood at 28.21 points or 1.01% as Nepse finsihed at 2,815.40.

KATHMANDU, May 27: The Nepal Stock Exchange (Nepse) index fell sharply following Nepal Rastra Bank (NRB)’s restriction in short term trading by BFIs and investment in microfinance institutions. The market plunged in the morning with the benchmark giving up more than 50 points within first 5 minutes of trading. However, bulls gained control as the market made a quick recovery before settling around 30 point slower at mid-day. Further, stocks continued to climb in the latter part of the session as Nepse closed the day mildly lower at 2,815.40 – down 1.20 points against the session earlier.

KATHMANDU, May 26: The equity market witnessed notable weakness in the morning with the benchmark Nepal Stock Exchange (Nepse) index sliding almost 20 points lower in the morning. A sharp recovery ensued before the index finally found some footing around the opening level in the afternoon. A final hour dip saw the benchmark register a 6.47 point’s loss to settle Tuesday’s trading at 2,816.60.

KATHMANDU, May 24: The equity market’s benchmark opened firmly on a positive note and traded almost 30 points higher close to 2,850 in the morning. Following a small pullback, the Nepse index hovered around 2,840 at mid-session. Further, profit taking in BFIs dragged the index in negative territory in the final hour. However, the index clawed back some gains at the close, ending Monday’s session at 2,823.05 – up 3.05 points against prior trading session.

KATHMANDU, May 22: A rally of more than 54.29 points on Sunday helped Nepse index break its all-time high hit at mid-April. With the bourse seeing massive buyer enthusiasm, strength carried over to the latter part of the week. On Monday, the benchmark jumped 20.92 points followed by another surge of 34.59 points in Tuesday’s session. The benchmark corrected 13 points on Wednesday, the index’s first loss in 8 sessions. The last trading day of the week witnessed a modest 6.38 point’s gain. Consequently, the exchange’s gain tally for the week stood at 103.18 points or 3.84% with the benchmark ending at 2,787.19.

KATHMANDU, May 19: The equity market opened Wednesday’s session firmly in green with the Nepalese stocks’ benchmark index trading over 2,800 mark for the first half of the session. However, aggressive profit booking in most of the sectors led by energy sub-group pulled the index in negative territory in late afternoon. At the close, Nepse saw a modest retracement of 13.09 points to finish session at 2,780.81.

KATHMANDU, May 18: The equity market continued to see notable strength extending gains from prior trading sessions. Stocks traded slightly higher in the morning before a steady advance pushed the benchmark to a fresh record. At the close, Nepse posted a gain of 34.59 points or 1.25% to end Tuesday’s trading at 2,793.81.