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ECONOMY

NEPSE sheds 1.76 points; daily turnover falls to Rs 3.11 billion

KATHMANDU, Feb 20: Nepal Stock Exchange (NEPSE) on Tuesday declined marginally by 1.76 points to close at 2,033.06 points.
By Republica

KATHMANDU, Feb 20: Nepal Stock Exchange (NEPSE) on Tuesday declined marginally by 1.76 points to close at 2,033.06 points. 


The market opened at 2,034.82 points and plunged to the day’s low at 2,026.25 points in the first 25 minutes of trading. In the next moment, the market reached the day’s high at 2,043.35 points in the next 20 minutes. In the remaining period, the market moderately fluctuated in the range of 10 points.  


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Foreign trade decreases by Rs 311 billion


The sensitive index that measures the performance of ‘A’ class companies declined by 0.88 points. The daily turnover declined to Rs 3.11 billion from Rs 3.77 billion on Sunday.


Five out of the 13 trading groups had their indices inclined in the intraday trading. While manufacturing and processing posted the highest gain of 40.90 points, life insurance was recorded with the highest fall of 42.52 points.   


Among individual companies, 90 were recorded as gainers whereas 150 were losers.


Himalayan Reinsurance Limited with a transaction of its shares worth Rs 317.37 million continued to lead the segment. GreenLife Hydropower Limited lost the highest of 10 percent of its market value, while Bottlers Nepal (Balaju) Limited was registered as the top gainer.


 

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