KATHMANDU, Jan 15: Nepal Stock Exchange (NEPSE) on Wednesday enjoyed a marginal rise by 1.83 points to close at 2,595.96 points.
The secondary market opened at 2,594.13 points and peaked to the day’s high at 2,610.95 points in the first one hour. The index, however, slid downhill and reached as low as 2,590.46 points in the last four minutes of trading. In any case, the market recovered around five points in the remaining period before it closed for the day.
Stocks post weekly losses as valley faces a week-long lockdown
The sensitive index, which measures the performance of ‘A’ class companies, also rolled downhill by 2.41 points. Consequently, daily turnover fell to Rs 5.82 billion from Rs 6.65 billion on Monday. The market remained closed on Tuesday, with the government declaring a holiday on Maghe Sankranti.
The market index was adversely affected due to the decline in the heavyweight banking index in intraday trading. Of the six losers, the finance index lost the largest of 100.57 points. Hotels and Tourism index, on the other hand, added the largest of 107.25 points among the gainers.
Regarding the individual companies, 124 were gainers while 108 were registered as losers. NRN Infrastructure and Development Limited had the biggest turnover of its shares worth Rs 324.94 million.
Dolti Power Company was recorded as the highest gainer, while Nyadi Hydropower Limited lost the highest of 10 percent in its market value.
