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ECONOMY

NEPSE inches up after four days of decline, trading volume rises

Out of the traded stocks, 83 companies saw gains, 161 declined, and one remained unchanged. 
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By REPUBLICA

KATHMANDU, April 24: The Nepal Stock Exchange (NEPSE) rebounded slightly on Thursday, gaining 2.07 points, after four consecutive days of decline. 



With this increase, the NEPSE index settled at 2,658 points. The total trading volume rose by Rs 3 billion, reaching Rs 78.7 billion, up from Rs 75.7 billion on the previous trading day.


Out of the traded stocks, 83 companies saw gains, 161 declined, and one remained unchanged. The investment sector led the gains with a 2.40% increase, followed by hydropower (0.22%), trading (0.39%), and banking (0.03%).


Related story

Weekly volume slumps as stocks decline


Meanwhile, development banks (-0.76%), finance (-0.83%), hotels & tourism (-1.16%), life insurance (-0.32%), manufacturing (-0.17%), microfinance (-0.46%), non-life insurance (-0.28%), and other sectors (-0.13%) recorded losses.


Two stocks—Nepal Micro Insurance and Crest Micro Life Insurance—hit the 10% upper circuit, while Ngadi Group, Win Nepal Laghubitta, and Universal Power gained 7% each.


On the losing side, Nepal Hydro Developers dropped 7.12%, followed by Green Development Bank (-4.85%) and Corporate Development Bank (-4.20%).


In terms of trading volume, Nyadi Group Power, Radhi Hydropower, NRN Infrastructure, Universal Power, and HIDCL led the market.


 


 

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