KATHMANDU, Sept 10: The Nepal Stock Exchange (Nepse) index opened week with serious weakness with the benchmark dipping more than 100 points in the first trading day of the week. Sunday’s decline stood at a record 108.04 points. A sharp rally ensued on Monday as the benchmark rose by a whopping 161.94 points making another record for biggest daily gain. The volatility tapered off but the index remained under pressure in the latter part of the week. The index dropped 44.18 points on Tuesday and 60.02 points on Wednesday. The market remained unchanged on Thursday dipping a modest 0.61 point. Overall, the weekly loss stood at just over 50 points with Nepse closing at 2,875.98.
KATHMANDU, September 3: The stock market opened the week’s trading on a feeble note with the benchmark Nepse index tanking more than 49 points on Sunday. After a holiday on Monday, the index extended its downfall with another sharp decline of more than 69 points on Tuesday. Despite the market’s attempt to hold ground on Wednesday, Nepse saw another dip of more than 50 points on the last trading day of the week. Eventually, Nepse ended its 4-day trading week with a loss of 167.16 points or 5.40% at 2.926.89.
KATHMANDU, August 20: The equity index fell on Sunday following the unveiling of monetary policy by Nepal Rastra Bank. The Nepal Stock Exchange (Nepse) index fell 24.57 points to begin week but found footing thereafter. The index added 5.75 points on Monday, followed by a gain of 0.23 points on Tuesday. A broad rally pushed the index 38.71 points higher on Wednesday before Thursday’s correction of 18.17 points erased most of Nepse’s weekly gain. Eventually, Nepse ended week with a gain of 1.88 points or 0.06% at 3,180.79.
KATHMANDU, August 13: The equity market opened week on a flat note as the Nepal Stock Exchange (Nepse) index added a modest 0.68 point on Sunday. Lackluster trading stretched on Monday as the benchmark climbed another 1.47 points on Monday. Nonetheless, stocks saw strength at mid-week. The broad based index climbed 51.96 points on Tuesday, followed by a minor 0.85 advance on Wednesday. At the final trading day of the week, Nepse rose 16.5 points to end week at 3,162.41. Weekly gain stood at 71.46 points or 2.30%.
KATHMANDU, August 6: The Nepal Stock Exchange (Nepse) index saw upbeat movement since the beginning of the week. While Sunday and Monday saw gains of only 1.25 points and 4 points, buying pressure was seen at mid-week. The benchmark rose 26.02 points on Tuesday followed by a gain of 12.06 points on Wednesday. The final day of the week saw a modest correction as Nepse ended Thursday’s session 12.34 points in red.
KATHMANDU, July 30: The Nepal Stock Exchange opened the week on a strong note as the index saw a gain of more than 54 points on Sunday. After a modest correction of 8 points on Monday, stocks stretched its gaining momentum. On Tuesday, Nepse added 29 points followed by a gain of 15 points on Wednesday. The last trading day of the week saw minor selling pressure with the index ending around 15 points lower. Subsequently, Nepse ended the week 2.51% or 75.49 points higher at 3,004.33.
After a recovery in the last week of the fiscal year, the equity market saw further optimistic movement in the first week of fiscal year 21/22. With a boost seen in mutual fund sector driven by upbeat dividend announcements by two mutual fund schemes run by Laxmi Capital Ltd and strength seen in commercial banks, the broader market reflected confidence among investors. Turnover also improved as the bourse recorded a daily average turnover of over Rs. 10 billion.
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 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, 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 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 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, 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 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 17: The broad equity benchmark witnessed a sharp rally in the morning with the Nepse hitting 2,770 for the first time in the exchange’s history. A firm correction pulled the index towards 2,750 mark around mid-day. Nonetheless, buying pressure in the latter trading hours helped the index hold ground in green with a final hour surge pushing the benchmark 20.71 points higher against Sunday’s close. Nepse finished Monday’s session at 2,759.22.
KATHMANDU, May 15: Stocks opened this week’s trading on a negative note stretching its decline from the prior week. The Nepal Stock Exchange (Nepse) index fell 18.50 points on Sunday. However, with back-to-back gains of more than 27 points on Monday and Tuesday, the benchmark recouped all of its losses from the prior three sessions notching its highest level in over 3 weeks. Gains tapered on Wednesday with the index eking out a 0.56 point’s gain. Further, the last trading day of the week saw an advance of 10.13 points pushing the index 46.88 points higher for the week. Nepse ended week’s trading at 2,684.01.
KATHMANDU, April 30: The equity market opened in green in the morning but a sharp fall in the beginning hour saw the Nepal Stock Exchange (Nepse) index trade in the negative territory. However, the index managed to hold on to earlier gains finishing at 2,611.11 – up 25.83 points against Wednesday’s close. However, the bourse witnessed a sub-par turnover of Rs. 4.357 billion.
KATHMANDU, April 23: After shooting up by over 61 points in the previous week, this week’s trading was mainly dominated by sellers. The Nepal Stock Exchange (Nepse) index witnessed a notable dip with the index sinking 35.89 points on Sunday followed by a 37.57 points decline on Monday. While the index remains unchanged on Tuesday’s trading and closed by a slight increment of 2.68 points. However, the market again drop falling more than 32 points on Wednesday. The selling pressure eased off slightly on Thursday as the market posted the gains of 15.80 points. Overall, the loss tally for the week stood at 87.45 points with the bourse capping off week at 2,648.01.
KATHMANDU, March 5: The local benchmark came under notable pressure in the beginning of the week with the Nepal Stock Exchange (Nepse) shedding almost 70 points on Sunday. Nonetheless, the market managed to recover some prior day losses with a gain of 40.64 points. However, the index fell 59 points and 39 points on Tuesday and Wednesday. On Thursday, the bourse saw a massive rebound with a gain of 90 points on the last trading of the week. Eventually, Nepse ended the week with a 47.46 point or 1.86% loss at 2506.68.
KATHMANDU, Jan 2: The local bourse saw notable weakness in the beginning of the week with the Nepal Stock Exchange (Nepse) index shedding 40 points on Sunday. The index found some stability at mid-week with advances of 8 points and 5 points, respectively. Thereafter, investors showed considerable enthusiasm in taking long positions pushing the index 49 points higher on Wednesday. Stocks extended gains on Thursday with another 25-point rise. Overall, the benchmark index added 48.65 points or 2.39% to end the review period at 2,087.28.