header banner
ECONOMY

Nepse: Daily turnover slumps to Rs 655 million, index slides down 9.83 points on Thursday

KATHMANDU, Sept 22: Nepal Stock Exchange (Nepse) on Thursday dropped 9.83 points to close at 1,838.96 points, while the daily turnover slid to around half a billion rupees.
By Republica

KATHMANDU, Sept 22: Nepal Stock Exchange (Nepse) on Thursday dropped 9.83 points to close at 1,838.96 points, while the daily turnover slid to around half a billion rupees.


In recent days, the secondary market is continuously on the downfall while the daily transaction volume has also witnessed a massive fall. In August 2021, the daily turnover crossed over Rs 21 billion. But the Nepse recorded a turnover of mere Rs 655.70 million on Thursday.


Related story

Nepse ends week lower as Sebon’s press release mars investor se...


In the intraday trading, the market opened at 1,848.80 points and rose to 1,855.97 points. The index fell successively in the remaining trading hours.


All the 13 trading groups lost in their average share prices. The sensitive index that measures the performance of the blue chips companies also declined 1.45 points.


Nabil Bank had the transactions of its shares worth Rs 25.86 million, the largest of all. Prabhu Bank Debenture 2084 was the top loser while Samling Power Company gained the biggest percent in its share price. 


 

Related Stories
ECONOMY

Market ends week flat with Nepse yet to close abov...

ECONOMY

Stocks post weekly losses as valley faces a week-l...

ECONOMY

Nepse hits 2-year high after week's broad surge

ECONOMY

Stocks up a fraction in the first week of February

ECONOMY

Nepse extends winning run; turnover makes another...