NEPSE gains 9.34 points; daily turnover records three-month low at Rs 1.869 billion

Published On: February 27, 2024 07:26 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Feb 27: Nepal Stock Exchange (NEPSE) on Tuesday added 9.34 points to its index to close at 2,001.64 points. 

The market opened at 1,992.30 points and escalated to as high as 2,002.63 points in the first 17 minutes of trading. In the next one hour, the market went to a steep fall and hit the day’s low at 1,981.64 points.

However, the market regained its charm for the investors and rose successively to the day’s high at 2,007.85 points in the last 15 minutes. The index dropped by around six points in the remaining period before the market closed for the day.

The sensitive index that measures the performance of ‘A’ class companies increased by 1.11 points. The daily turnover fell to Rs 1.869 billion from Rs 2.017 billion on Monday. The amount is the lowest in the past three-months.

Six groups including life insurance, finance, hotels and tourism, ‘others’, investment and mutual funds were the losers in the intraday trading. Of the gainers, manufacturing and processing recorded the highest of 217.48 points. 

Among individual companies, 143 were recorded as gainers whereas 88 were losers.

Sonapur Minerals and Oil Limited with a total transaction of its shares worth Rs 141.96 million led the segment. Bottlers Nepal (Balaju) Limited was registered as the top gainer while Chirkhwa Hydropower Limited lost the highest of 5.06 percent of its market value.  


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