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NEPSE Rebounds Sharply by 44 Points, Snapping Seven-Day Losing Streak

The Nepal Stock Exchange (NEPSE) marked a strong recovery today, advancing by 44.59 points to close at 2,652.92 and breaking a consecutive seven-day downward trend. Total market turnover reached Rs. 3.86 Arba, fueled by a 14.99% positive circuit limit hit by Snow Rivers Limited (SNORL), while Laxmi Sunrise Bank Limited (LSL) spearheaded the individual volume charts.

Published By Share Gyan
NEPSE Rebounds Sharply by 44 Points, Snapping Seven-Day Losing Streak

The benchmark index of the Nepal Stock Exchange (NEPSE) staged a robust recovery today, ending a punishing seven-day consecutive losing streak by rallying 44.59 points, or 1.70%, to settle at 2,652.92. This market resurgence follows a notable decline of 24.63 points observed during yesterday's trading session. Opening at 2,606.86, the index experienced intraday volatility, dipping to a low of 2,602.39 before climbing to a peak of 2,654.02 just prior to the closing bell. Aggregate daily turnover reached Rs. 3.86 Arba, driven by the exchange of 9,547,678 shares across 362 distinct companies via 56,850 individual transactions. At the close of trade, overall market capitalization was valued at Rs. 45.43 Kharba, with the float market capitalization resting at Rs. 15.29 Kharba. In corporate performances, Laxmi Sunrise Bank Limited (LSL) dominated market liquidity, registering the highest individual turnover of Rs. 28.84 crores to close at Rs. 219.00 per share. On the gainers' front, Snow Rivers Limited (SNORL) hit a maximum positive circuit limit, surging 14.99% to close at Rs. 522.30. Conversely, Corporate Development Bank Limited (CORBL) experienced the session's steepest correction, dropping 5.21% to close at a last traded price of Rs. 1,800.00. Sectoral indices performed uniformly well, led by the Trading Index with a peak gain of 2.60%, while the Development Bank Index recorded the most modest upward movement, closing higher by 0.55%.

72 Listed Companies and Mutual Funds Announce Dividends; Unilever Nepal Leads with 1,540%

A total of 72 NEPSE-listed companies and mutual fund schemes have announced dividends for their shareholders and unit holders. Unilever Nepal leads with a 1,540% cash dividend, while Siddhartha Bank, Garima Bikas Bank, and Manjushree Finance top their respective financial sectors.

Pratap Subedi Assumes Office as New NEPSE CEO

Newly appointed Nepal Stock Exchange (NEPSE) Chief Executive Officer (CEO) Pratap Subedi officially assumed office on Friday after taking the oath of office and secrecy before the NEPSE Board of Directors.

NEPSE Edges Up 2.64 Points to Close at 2,655.22 as Turnover Reaches Rs. 3.46 Arba

The Nepal Stock Exchange (NEPSE) posted a marginal recovery of 2.64 points on Thursday, closing at 2,655.22 after declining 12.95 points in the previous session. Total turnover stood at Rs. 3.46 Arba, with Ghorahi Cement leading the turnover chart.

NEPSE Rebounds 6.62 Points After Previous Session’s Sharp Decline

The Nepal Stock Exchange (NEPSE) witnessed a slight recovery on Tuesday, gaining 6.62 points or 0.24% to close at 2,664.13. The market rebounded after declining by 32.65 points in the previous trading session.

NEPSE Plunges 32.65 Points to Close at 2,657.50; Turnover Reaches Rs. 7.18 Arba

The Nepal Stock Exchange (NEPSE) declined by 32.65 points or 1.21% to close at 2,657.50 on Wednesday. Total turnover reached Rs. 7.18 arba, with Ghalemdi Hydro leading the turnover chart and Beni Hydropower emerging as the top gainer.

Ransomware Attack Exposes Major Cybersecurity Weaknesses in Nepal’s Stock Market

A ransomware attack on private data center Data Hub has exposed serious cybersecurity vulnerabilities in Nepal’s capital market, raising concerns over the safety of investors' data and trading systems. The incident revealed the risks of 72 broker companies relying on a single service provider and highlighted concerns over NEPSE's proposed cybersecurity improvements.

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