Nepse ends on a positive note

January 20, 2021 19:00 pm

KATHMANDU, Jan 20: The Nepal Stock Exchange (Nepse) index opened in green in the morning but the index pulled back lower within first trading hour saw the index trade in the negative territory. Later on, the index managed to recover quickly and traded on the positive note in the latter hours of trading.  At the end, the equity market closed at 2,342.77 points with a gain of 15.87 points.

KATHMANDU, Jan 19: The local stock market’s benchmark opened the day in positive territory. However, profit booking in the early trading hour pulled the Nepal Stock Exchange (Nepse) index towards red at mid-day where the index fell around 30 points. A recovery in the latter hours saw the index recoup most of its earlier losses. Nepse ended the day with a modest 5.57 point’s decline at 2,326.90.

KATHMANDU, Jan 18: The Nepal Stock Exchange (Nepse) index opened Monday’s session in green but corrected slightly in the morning. Nonetheless, the equity market continued to see notable strength as the index peaked at 2,340 at mid-day. After a small retracement in the closing hours, Nepse ended the day at 2,332.32 – up 17.31 points against the day earlier.

KATHMANDU, Jan 17: After witnessing a firmly upbeat trading week, stocks stretched its advance to Sunday’s trading. While the first few minutes of trading was highly volatile, stocks saw stability after mid-day.

KATHMANDU, Jan 15: Second trading week of January registered an uplifting start with the benchmark Nepal Stock Exchange (Nepse) index rising more than 41 points on Sunday. The buying momentum eased slightly on Monday with the market closing with a modest 3 point’s gain. Nonetheless, the equity market saw further strength on Tuesday’s and Wednesday’s session as the benchmark added 28 points and 18 points, respectively. The market remained closed on Thursday due to public holiday. Overall, the index’s weekly gain tally stood at 92.06 points or 4.2%. Nepse finished the week at 2,286.55.

KATHMANDU, Jan 13: The stock market opened Wednesday’s session on a positive note as the Nepal Stock Exchange (Nepse) index climbed more than 25 points in the morning.

KATHMANDU, Jan 12: The equity market opened the day slightly in green and witnessed minor correction in the morning. The stock market saw considerable strength thereafter, and saw a steady advance till the end of the trading day. At the close, the Nepal Stock Exchange (Nepse) finished at 2,267.96 – up 28.53 points against the session earlier.

KATHMANDU, Jan 11: After opening the day around 30 points higher, the local equity market benchmark witnessed correction amidst active profit booking. The Nepal Stock Exchange (Nepse) index traded 20 points higher at mid-day but experienced a steady decline in the afternoon trading hours. After trading in red briefly in the final hour, a recovery at the end saw Nepse close with a 3.70 gain at 2,239.43.

Nepse surpasses 2,200 mark on Sunday

January 11, 2021 08:38 am

KATHMANDU, Jan 11: The second trading week of January began on a high note with the Nepal Stock Exchange (Nepse) index trading in green throughout the session. After climbing more than 30 points in the beginning trading hour, the index pulled back slightly at mid-day. The index advanced further in the latter trading hours with Nepse closing at 2,235.73– up 41.24 against Thursday’s close.

Nepse ends week with 100-point gain

January 8, 2021 19:50 pm

KATHMANDU, Jan 8: The equity market opened this week’s trading with considerable strength as the Nepse index shot up by 88.11 points on Sunday. The benchmark fell marginally on Monday and Tuesday’s trading with declines of 6.35 and 3.54 points, respectively. Stocks, nonetheless, recouped mid-week losses in the latter trading sessions of the week. The broad index rose 13.07 points on Wednesday with further advance of 15.91 points on Thursday. The equity market closed at 2,194.49 with a weekly gain tally of 107.21 points or 5.14%.

KATHMANDU, Jan 7: The equity market saw upbeat trading in the last trading session of the week. After climbing more than 15 points in the morning, the index plateaued around 2,190 mark. Stocks traded flat for most of the afternoon. At Thursday’s close, Nepse rose 15.91 points to end at 2,194.49.

KATHMANDU, Jan 6: Nepse, the equity market’s benchmark, traded in green in the opening hour of Wednesday’s trading session. The index climbed more than 20 points at mid-day but pared some of its earlier gains in the afternoon. Thereafter, the stock market hovered in green throughout the latter trading hours finally closing with a gain of 13.07 points. Nepse ended Wednesday’s session at a new closing high at 2,178.57.

KATHMANDU, Jan 6: The Nepal Stock Exchange (Nepse) opened Tuesday’s trading on a flat note. However, a dip in the first few minutes of trading saw the benchmark fall more than 20 points. The market recouped its morning losses at mid-day and traded in green in the afternoon. A small correction towards the closing hours saw the index register a modest loss of 3.54 points to end trading at 2,165.60.

KATHMANDU, Jan 5: The local equity market opened Monday’s session firmly higher with most of the companies extending previous day gains. However, the benchmark Nepal Stock Exchange (Nepse) index gave up some of its earlier advance within the first trading hour. Though the index traded in positive territory for most of the afternoon, selling pressure in the final minutes pushed the index in red. At the close Nepse ended at 2,169.04 – down 6.36 points against Sunday’s close.

KATHMANDU, Jan 4: After ending at a fresh high in the last trading session of the year 2020, stocks saw further strength entering 2021. On the first session of the year, the Nepal Stock Exchange (Nepse) index advanced since morning trading. The benchmark rose more than 50 points by mid-day before correcting slightly. However, a steady rise in the remaining trading hours pushed the index 88.12 points higher to settle at 2,175.40.

KATHMANDU, Dec 31: Following an upbeat session on Wednesday, the stock market witnessed strength since the beginning of Thursday’s trading. After reaching close to 2,100 level in the morning, the Nepal Stock Exchange (Nepse) index pulled back sharply within the first 15 minutes of trading. Nonetheless, the benchmark held its ground in positive territory throughout the latter trading hours. The index shot up by 50 points at mid-session but gave up some of its gains in late afternoon. At the close, Nepse registered a gain of 25.21 points to end the last trading session of the year 2020 at 2,087.28.

Dec 30: The Nepal Stock Exchange (Nepse) index opened Tuesday’s session in green and saw strength in the beginning hours of the trading session. The benchmark climbed more than 24 points at mid-session but bears prevailed in the latter half of the session. A steady decline in the afternoon saw the index give up most of the earlier gains to close session at 2,012.89 – up5.57 points against the session earlier.

Dec 29: 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. Later on, the index managed to recoup, nonetheless, the market again pullback towards a lower note.  The Nepal Stock Exchange (Nepse) index hovered in Monday’s session and close the trading at 2007.29 points with a gain of 8.57 points.

Nepse begins week with a 40-point decline

December 28, 2020 07:54 am

Dec 28: 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 negative territory by mid-day. The benchmark remained under pressure throughout the remaining trading session to register a loss of 39.90 points. Nepse ended Sunday’s trading at 1,998.73.

KATHMANDU, Dec 25: The Nepal Stock Exchange (Nepse) index extended its losses from the week earlier fueled by the political turmoil on Sunday. The benchmark tanked almost 100 points in Sunday’s session but the stock market found a firm footing after witnessing a sharp rebound on Monday. After falling almost 60 points, the index ended Monday with a 30-point advance. The strength carried over to Tuesday’s trading with the index rallying over 95 points. The momentum subsided slightly as the market witnessed a gain of seven points on Wednesday followed by a 30 point’s decline on Thursday. Consequently, the index registered a weekly gain of 6.11 or 0.30% points to settle at 2038.63.

KATHMANDU, Dec 24: After opening Thursday’s session in the green, the local equity market cut its gains quickly to trade in the negative territory within the first trading hour. Thereafter, the Nepal Stock Exchange (Nepse) index remained under the opening level and witnessed a steady decline to close trading at 2,038.63 – down 29.83 points against Wednesday’s close.

KATHMANDU, Dec 23: The local share market opened Wednesday’s trading in an upbeat note climbing over 2,100’s level in the morning. The index retraced sharply within the beginning trading hour and hovered around 2,100 mark at mid-day. Stocks saw further decline in the latter trading hours pushing the benchmark towards the opening level. At the close, Nepse stood at 2,068.46 – up a modest 7.04 points against the session earlier.

KATHMANDU, Dec 20: The stock exchange market on Sunday went down  96.88 points on the back of the political uncertainty created by Prime Minister KP Oli's move to dissolve the federal parliament.

The local benchmark index fell more than 50 points in the first few minutes of trading but attempted a recovery in the morning. Nonetheless, the Nepal Stock Exchange (Nepse) index failed to reach the opening level and traded in the red throughout the remaining trading hours. A steady downfall saw the index tumble more than 120 points on Sunday to settle at 1,932.11.

KATHMANDU, Sept 18: Stocks witnessed one of the best trading days in the last couple of months on Thursday. Stocks maintained positive bias throughout the trading session with the Nepal Stock Exchange (Nepse) index trading around 10 points higher in the beginning hour. The index plateaued at mid-day but considerable strength in the latter hours pushed the index 30.78points higher to close at 1,572.18.

KATHMANDU, Sept 16: The benchmark Nepal Stock Exchange (Nepse) index hovered slightly in green in the opening hours after Tuesday’s trading session. However, extended profit booking pulled the index sharply lower in the afternoon where the index fell as much as 10 points. The index found some footing in the latter hours recouping some of the earlier losses but closed in the red nonetheless. Nepse fell 4.47 points at the session’s close to end at 1,536.04 points.

KATHMANDU, Sept 14: On Sunday, the benchmark Nepal Stock Exchange (Nepse) index traded for only a few minutes in the beginning trading hour. Thereafter the market halted its trading till mid-day due to some technical difficulties. However, after the resumption, the index managed to sustain its positive momentum towards the end of the session.  In the end, the market closed the day at 1537.25 points-up 16.56 points against the session earlier.

Benchmark index up 10 points

KATHMANDU, Sept 11: The stock market started the day on a green note.  However, the trading halted due to some technical issues on mid-day. Later on the market resumed its trading and continued to maintain a positive stance in the latter trading hours. At the close, Nepse registered a gain of 12.49 points to settle at 1,520.69 points.

KATHMANDU, Sept 10: Stocks in the local equity market extended gains for a second straight day. The Nepal Stock Exchange (Nepse) index rose in the beginning of Wednesday’s sessions but reverted towards the opening level at mid-day.

KATHMANDU, Sept 8: The local bourse started Tuesday’s trading on a weak note with the Nepal Stock Exchange (Nepse) Nepse index shedding as much as 10 points in the beginning hour. Nonetheless, the equity market staged a recovery after mid-day climbing as high as 1,500’s level in the morning. The benchmark witnessed slight pullback towards the closing hour but managed to close the day in green with a 7.35 points’ gain at 1,495.16.

KATHMANDU, Sept 8: After trading flat in the first few minutes of Monday’s trading, the benchmark Nepal Stock Exchange (Nepse) index fell over 15 points in the morning. Stocks staged a rebound a couple of times in the afternoon but could not trade above the opening level. After struggling in the final hour, stocks finally ended firmly lower. Consequently, Nepse finished Monday’ session 12.17 points lower at 1,487.81.

KATHMANDU, Sept 7: Stocks opened firmly higher on Sunday, as the Nepal Stock Exchange (Nepse) index traded more than 40 points higher in the pre-opening session. However, the index quickly gave up its gains to trade flat at mid-day. Furthermore, the local bourse saw sustained selling pressure in the afternoon pushing the index in the red towards the closing hours. Eventually, the benchmark ended Sunday’s trading at 1,499.97 – down 10.45 points against prior close.

KATHMANDU, Sept 6: The local bourse experienced another active week with both the Nepal Stock Exchange (Nepse) index and volumes shooting up towards multi-year record levels. The index began the week on a slightly upbeat note with a gain of 4.63 points on Sunday. Monday saw the bourse add another 22.32 points. While the market remained closed on Tuesday, stocks resumed trading with considerable strength on Wednesday with a 25.58 points gain. Stocks took a breather in the last session of the week and ended almost flat on Thursday. Overall, the index gathered 52 points or 3.59 % to close the week at 1,510.42.

KATHMANDU, Sept 4: After opening around 15 points higher in the morning on Thursday, the Nepal Stock Exchange (Nepse) index pulled back sharply to trade below 1,500’s level within the first hour. However, stocks recouped the morning losses and swung between gains and losses  in the afternoon to finally end the day on a flat note. At the close, Nepse stood at 1,510.42 – down a modest 0.15 points compared to Wednesday’s session.

KATHMANDU, Sept 2: Stocks began Wednesday’s session on a highly upbeat note, as the Nepal Stock Exchange (Nepse) index rallied 30 points to 1,515 in the first half an hour of trading. A correction followed bringing the index back towards the 1,500 points level at mid-day. However, stocks continued to gain strength in the afternoon as the market rose to 1,520 point’s level. A slight dip at the end saw the benchmark close at 1,510.57 – up 25.58 points against prior close.

KATHMANDU, Aug 31: After a positive start to Monday’s session, the local bourse traded firmly in green for the entire trading hours. The Nepal Stock Exchange (Nepse) index hovered 10 points higher for the first trading hour. Stocks saw further strength after mid-day and witnessed a steady climb with Nepse trading over 30 points higher in the afternoon. Following a brief correction at the close, the major average ended the day at 1,484.99 – up 22.31 points against the session earlier.

KATHMANDU, Aug 30: Stocks opened in red on Sunday with the benchmark Nepal Stock Exchange (Nepse) index shedding around 14 points in the morning. Thereafter, technical error in the trading system kept investors making any further transactions in the exchange for most of the afternoon. Finally, trading hours were extended for the day with Nepse adding 2 hours of trading from 3.15 pm. In the final two hours, buyers prevailed, helping Nepse erase its earlier losses to close with a gain of 4.64 points at 1,462.67.

Nepse index jumps 60 points with highest weekly turnover since mid-March

KATHMANDU, Aug 27: The local stock market opened in green on Thursday, the last trading day of the week. After trading around 10 points higher briefly in the morning, the Nepal Stock Exchange (Nepse) index witnessed a sharp pullback to trade around 4 points lower before mid-day. Thereafter, the index gyrated along the opening level throughout the afternoon, finally closing the day with a modest loss of 4 points at 1,458.04.

KATHMANDU, Aug 26: Following a four-day rally in the local stock market, stocks continue to see notable strength with the Nepal Stock Exchange (Nepse) index adding another 21.1 points on Wednesday. Strength was seen since the beginning of the day’s session as Nepse hovered in green for most of the early trading hours. Further, a rally ensued after mid-session driving the benchmark around 30 points higher at 1,470 in the afternoon. A pullback finally saw the index end session at 1,462.04 points.

KATHMANDU, Aug 25:Stretching previous day gains, the benchmark Nepal Stock Exchange (Nepse) climbed almost 10 points in the first few minutes of trading. Following a brief correction on profit booking on some of the stocks, the index fell marginally in the red within the first trading hour. Trading hours, thereafter, saw the index make a recovery to finally close the day in green. At the session’s end, Nepse stood at 1,440.94 points – up 9.34 points against the session earlier.

KATHMANDU, Aug 24: The Nepal Stock Exchange (Nepse) saw upbeat trading since the beginning of Monday’s session. The Nepse index climbed 8 points early in the morning and plateaued at mid-day. A sharp rally around mid-session helped the benchmark hit its intraday high at 1,433 points. Following a brief correction in the afternoon, the index staged a steady rebound to close the day at 1,431.61 points – up 21.61 points against the session earlier.

KATHMANDU, Aug 23: The stock market opened the week’s trading on a mildly positive note. The Nepal Stock Exchange (Nepse) index traded around 5 points higher in the morning. After a brief dip towards red at mid-day, the benchmark maintained positive bias throughout the latter trading hours. Following flat trading for most of the afternoon, a last hour rally led the Nepse to a gain of 12.77 points to settle at 1,410.34 points.

KATHMANDU, Aug 22: The local bourse opened the review period on a weak note as the benchmark Nepal Stock Exchange (Nepse) index fell over 17 points on Sunday. Nonetheless, Nepse erased early-week losses mid-week with Monday and Tuesday witnessing gains of 10.75 points and 5.68 points, respectively. While the index pulled back another 16.6 points on Wednesday, the last trading day of the week saw the index make a modest recovery. Nepse added 6.28 points on Thursday. Overall, the index ended the week 11.22 points or 0.8 percent lower at 1,397.57 points.

KATHMANDU, Aug 20: Stocks traded flat in the first half an hour of trading on Thursday. The benchmark Nepal Stock Exchange (Nepse) index hovered around 1,390 points in the morning before rallying sharply above 1,400 points at mid-session. The second half, nonetheless, saw the index trim some of its earlier gains to close the day with a modest gain of 6.28 points at 1,397.57 points.

KATHMANDU, Aug 19: Local stocks maintained negative bias throughout Wednesday’s trading session to close the day firmly in red. After tanking sharply in the opening minutes, the benchmark Nepal Stock Exchange (Nepse) index tried to gain ground in the first trading hour. Nonetheless, sellers prevailed in the latter part of the session pushing the index 16.6 points lower at 1,391.29 points.

KATHMANDU, Aug 18: The stock market moved to the upper side within the first few minutes of trading on Tuesday and shot 12 points. However, the wave of selling pressure dragged the index back to red by the end of the first trading hour. But a steady advance followed suit at mid-day and continued its positive bias throughout the session.  At the end, the benchmark Nepal stock exchange (Nepse) index closed with a gain of 5.68 points to close the session at 1407.89 points.

KATHMANDU, Aug 17: After opening slightly higher in the morning, the Nepal Stock Exchange (Nepse) index pulled back towards the red to trade over 6 points lower at mid-day. However, the latter trading hours saw the index make a steady recovery to hover flat in the afternoon. A last hour surge finally helped the index register a gain of 10.75 points to close at 1,402.21 points.

KATHMANDU, Aug 16: A sharp fall in the morning saw the Nepal Stock Exchange (Nepse) index sink over 27 points in the first few minutes of Sunday’s trading session. Some volatility ensued thereafter as the benchmark partially recouped earlier losses within the first half an hour of trading. The Nepse index hovered in the red after mid-day finally settling below the 1,400-point mark at 1,391.46 points. The day’s loss tally was recorded as 17.33 points.