KATHMANDU, Nov 4: The Nepal Stock Exchange (NEPSE) on Wednesday witnessed an increase in daily turnover amount by Rs 1.78 billion as the index edged up 1.40 points.
The secondary market opened at 2,664.13 points as it reached the day’s high at 2,685.9 points in the midway of the trading hours. In the remaining period, the market nosedived and hit the day’s low at 2,661.15 points in the last two minutes.
Nepse stretches winning run with record weekly turnover
Four sectors were the gainers as the others’ index soared 111.58 points, the largest of all. It was followed by trading (35.41 points), life insurance (12.33 points) and mutual funds (0.01 points). Of the nine losers, hotels and tourism plunged by the largest of 49.93 points.
The daily turnover inclined to Rs 7.43 billion from Rs 5.65 billion. A total of 98 listed companies witnessed gain, 171 lost and nine had their market value unchanged.
Nepal Reinsurance Company gained the highest of 15 percent as Civil Bank Debenture 2088 plunged the most by 6.34 percent. Swet-Ganga Hydropower and Construction had the largest transaction of its shares worth Rs 858.49 million.
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