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ECONOMY

NEPSE inches up 2.60 points; daily turnover declines to Rs 3.909 billion

KATHMANDU, Dec 13: Nepal Stock Exchange (NEPSE) on Wednesday increased marginally by 2.60 points to close at 1,988.04 points.
By Republica

KATHMANDU, Dec 13: Nepal Stock Exchange (NEPSE) on Wednesday increased marginally by 2.60 points to close at 1,988.04 points.


The secondary market opened at 1,985.44 points and escalated to the day’s high at 2,016.9 points in the first one hour of trading. The market however failed to retain its charm for the investors and the index declined by around 28 points in the remaining trading time.


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The sensitive index that measures the performance of ‘A’ class companies also added 0.93 points. The daily turnover amount dropped to Rs 3.909 billion from Rs 4.309 billion on Tuesday. 


Out of the 13 groups, four including non-life insurance, life insurance, hotels and tourism, and trading recorded losses in their market values. Of the gainers, the development bank group added the largest of 44.22 points to its market price.


Among individual companies, 134 were as recorded gainers whereas 100 companies were the losers.


Sonapur Minerals and Oil Limited had transactions of its shares worth Rs 146.79 million and topped in the trade volume. Bottlers Nepal (Balaju) Limited was recorded on top of the gainers’ lists while Kutheli Bukhari Small Hydropower Limited lost the highest of 5.69 percent of its market value.


 

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