KATHMANDU, March 15: Nepal Stock Exchange (Nepse) slid by 17.15 points on Tuesday after the investors rushed to sell stocks they held to book profit out of the increased share prices in the past three days trading.
The market gained over 150 points since last Thursday. Trading however was disrupted on Monday due to technical glitches appearing in the online trading system.
On Tuesday, the market that opened at 2,668.11 points went through a series of fluctuations before closing finally at 2,650.97 points. The sensitive index that measures the performance of ‘A’ class companies also dropped 7.26 points.
Except for life insurance, non-life insurance, hotels and tourism and mutual fund, the indices of the rest of nine trading groups declined. The total turnover amount stood at Rs 3.36 billion.
In terms of the performance of individual companies, Nepal Doorsanchar Company witnessed the largest transaction of its scrip worth Rs 342.35 million. The company stood as the biggest loser in its share price in the intraday trading. Emerging Nepal Limited was the topmost gainer.