Stock Market Update: Index Tanks 2.74 Percent After Budget Announcement | Turnover At Rs. 2.34 Arba
May 30, 2023 | Investopaper
Following the announcement of the budget for the fiscal year 2080/81, the stock market index plunged 53.16 points or 2.74 percent on Tuesday to close at 1,888.61. Similarly, the sensitive index declined 8.72 points or 2.36 percent and has reached 360.71. A total of 7,074,255 shares were traded through 40,634 transactions of 275 securities. Nepse recorded a turnover amount of Rs 234.17 crores.
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Market Summary
The table below presents the market summary.
| Total Turnover Rs: |
2,341,777,844.61 |
| Total Traded Shares |
7,074,255 |
| Total Transactions |
40,634 |
| Total Scrips Traded | 270 |
Sub-Indices
| Symbol | Current | Chng | Chng % |
|---|---|---|---|
| Banking Sub-Index | 1,211.03 | -30.02 | -2.42 |
| Development Bank Index | 3,440.16 | -80.27 | -2.28 |
| Finance Index | 1,556.81 | -44.68 | -2.79 |
| Hotels And Tourism Index | 3,801.25 | -97.78 | -2.51 |
| Hydropower Index | 2,353.37 | -65.94 | -2.73 |
| Investment Index | 65.19 | -1.76 | -2.63 |
| Life Insurance | 9,565.17 | -346.98 | -3.50 |
| Manufacturing And Processing | 4,894.23 | -77.36 | -1.56 |
| Microfinance Index | 3,457.52 | -122.36 | -3.42 |
| Mutual Fund | 13.67 | -0.20 | -1.42 |
| Non Life Insurance | 9,015.46 | -291.88 | -3.14 |
| Others Index | 1,338.57 | -45.34 | -3.28 |
| Trading Index | 2,162.65 | -65.69 | -2.95 |
Top 10 Gainer Stocks
| Symbol | LTP | Pt. Change | % Change |
|---|---|---|---|
| ANLB | 1,818.60 | 165.30 | 10.00 |
| BPW | 372.40 | 33.80 | 9.98 |
| GBBD85 | 821.90 | 31.90 | 4.04 |
| JOSHI | 279.60 | 10.60 | 3.94 |
| MMF1 | 7.40 | 0.24 | 3.35 |
| GWFD83 | 1,049.90 | 27.80 | 2.72 |
| CORBL | 297.50 | 6.30 | 2.16 |
| ICFCD83 | 1,051.90 | 20.60 | 2.00 |
| GLBSL | 720.00 | 13.00 | 1.84 |
| SMHL | 416.50 | 7.50 | 1.83 |
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Top 10 Loser Stocks
| Symbol | LTP | Pt. Change | % Change |
|---|---|---|---|
| SGHC | 293.10 | -29.90 | -9.26 |
| CMF1 | 7.09 | -0.71 | -9.10 |
| SLBSL | 805.00 | -76.90 | -8.72 |
| SPHL | 360.70 | -28.30 | -7.28 |
| ADLB | 1,180.00 | -92.00 | -7.23 |
| SHEL | 285.00 | -20.00 | -6.56 |
| NGPL | 245.10 | -16.40 | -6.27 |
| HURJA | 261.10 | -16.90 | -6.08 |
| JSLBB | 897.00 | -57.90 | -6.06 |
| DLBS | 701.00 | -44.00 | -5.91 |
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Top 10 Turnover Stocks
| Symbol | Turnover | LTP |
|---|---|---|
| SHIVM | 212,481,943.40 | 462.00 |
| GBIMEP | 101,106,650.00 | 105.00 |
| NLIC | 80,453,730.80 | 662.00 |
| CHCL | 70,453,816.30 | 511.00 |
| NIFRA | 59,767,591.40 | 214.00 |
| NTC | 58,462,669.20 | 774.90 |
| CIT | 54,672,811.30 | 2,162.00 |
| SHL | 53,791,746.90 | 295.80 |
| EBL | 50,081,089.40 | 534.00 |
| HDL | 48,586,765.00 | 1,926.90 |
Suggested Readings:
New comers/investors are fairly suggested to read fundamental indicators of a company before buying any stock, and then, invest your money on the stocks of those companies having positive indicators (Net Worth/Book Value, EPS, PE Ratio, Market Price to Book Value/Net Worth, Dividend History, Promoters/BOD, Managerial Team). In an unbiased manner I suggest you (New Investors) not to go through rumors / unofficial news.
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