KATHMANDU, Jan 5: Nepal Stock Exchange (NEPSE) on Sunday increased marginally by 5.32 points to close at 2,591.56 points.
The secondary market opened at 2,586.23 points and plunged to the day’s low at 2,574.8 points within the first one and a half hours. The index, however, escalated successively to the day’s high at 2,592.91 points in the next one hour. The market shed around one point in the remaining trading hours before it closed for the day.
Nepse index plunged 34.68 points and shares investors lost Rs 4...
The market for the past few days has been influenced largely by the transaction of shares of Banks and Financial institutions (BFIs) after the central bank tightened its noose citing the possible manipulation in their financial status. In the intraday trading on Sunday, the banking sub-index lost 7.71 points while finance and microfinance also declined by 30.48 points and 7.31 points respectively. The development bank index, on the other hand, increased slightly by 1.19 points.
The sensitive index which measures the performance of ‘A’ class companies slid 0.67 percent after the blue chips companies failed to attract investors. Manufacturing and processing, and mutual funds were also among the losers. Out of the eight gaining groups, hydropower rose by 58.34 points.
Among the individual companies, 141 were gainers while 94 were registered as losers. Janaki Finance Company Limited had the biggest turnover of its shares worth Rs 190.94 million.
Upakar Laghubitta Bittiya Sanstha Limited, Dordi Khola Jal Bidyut Company and Green Ventures Limited were listed as the topmost gainers. Narayani Development Bank Limited lost the highest of 8.88 percent of its market value.
