Nepse falls by meager points today, microfinances gains the most

1 August 2019,
Kathmandu, Nepal.

The share market lost 1.74 points i.e. 0.14% today. 2,060,678 numbers of shares where traded through 8,453 transaction at Rs. 59.06 crores. 

Fig 1: Market Summary

Today 12 sub-index were traded in the market. Out of which 4 were positive, 1 neutral and 7 were negative. Life insurance sub-index was the top gainer with 20.87 points whereas hotel sub-index lost the most by 12.39 points in today's market. 

Fig 2: Sub-Indices

Nico Life Insurance Promoter Share (NILPO) was the most traded shares for the day. It's 2.35 Lakh shares were traded at 7.45 crore. It was followed by Grameen Bikas Lagubittya Sanstha (GBLBS), Muktinath Bikas Bank (MNBBL), Nepal Life Insurance Company Promoter (NLICP), Nepal Bank Limited (NBL), Prabhu Bank (PRVU), Agricultural Development Bank Limited (ADBL), First Micro Finance Development Bank (FMDBL), Asha Laghubitta Bittiya Sanstha (ALBSL) and Chimmek Laghubitta Bikas Bank (CBBL).

Fig 3: Top 10 Companies by Turnover

From today market, Sparsa Laghubitta (SPARS) became the top gainer for the day with a rise in share price by 10 percent. Likewise, Gurans Laghubitta (GLBSL), Grameen Bikas Bank (GBLBS), Swabhimaan Laghubitta (SMFBS), Nepal Agro Laghubitta (NAGRO), Support Microfinance (SMB), Samudayik Laghubitta (SLBSL), World Merchant Banking & Finance (WMBF), Asha Laghubitta (ALBSL) and Divyaswori Hydropower (DHPL) were the gainers serially.

Fig 3: Top 10 Gainers of the day

Subsequently, United Insurance Company (UIC) lost the most with 4.44 decline in share price. Likewise, Pokhara Finance Limited (PFL), IME General insurance (IGI), Panchakanya Mai Hydropower (PMHPL), Forward Microfinace (FOWAD), etc. lost in today's market.

Fig 3: Top 10 Losers of the day

References:
Nepse

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