KATHMANDU, Feb 18: Nepal Stock Exchange (NEPSE) on Tuesday inclined 12.68 points to close at 2,740.59 points.
Himalayan Reinsurance Limited (HRL) had the biggest turnover of its shares worth Rs 820.23 million.
Liquidity surplus drives daily share turnover to record high
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The secondary market that opened at 2,727.91 points, escalated to the day’s high at 2,757.18 points within the first one hour. The market slid gradually to reach as low as 2,727.59 points with 27 minutes left of the trading period. The market recovered around 13 points in the remaining time before it closed for the day.
Six out of 13 groups were the losers, with the development index plunging by the largest of 101.73 points. Of the seven gainers, life insurance surged by the highest of 230.04 points.
The sensitive index which measures the performance of ‘A’ class companies inched up 0.17 points. Daily turnover increased to Rs 10.43 billion from Rs 10.04 billion on Monday.
Among the individual companies, 87 were gainers while 149 were registered as losers.
Three companies including Wean Nepal Laghubitta Bittiya Sanstha Limited, Gurans Laghubitta Bittiya Sanstha Limited and Emerging Nepal Limited were the topmost gainers. Saptakoshi Development Bank and KBL Debenture 2086 lost the highest of 10 percent of their market values.