Nepse loses 2.17 points, daily turnover drops to Rs 1.28 billion

Published On: November 28, 2023 07:45 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Nov 28: Nepal Stock Exchange (Nepse) on Tuesday slipped 2.17 points to close at 1,894.53 points.

The secondary market opened at 1,896.67 points and hit the day’s high at 1,902.62 points in the first 45 minutes of trading. The market then plunged to as low as 1,885.43 points in the next one and a half hours. The market recovered around nine points in the remaining trading hours.

The sensitive index that measures the performance of blue chip companies also declined by 0.86 points. The daily turnover fell heavily to Rs 1.28 billion from Rs 1.754 billion on Monday. 

Out of the five groups that gained in their market prices, hotels and tourism added the largest of 169.84 points. It was followed by manufacturing and processing, finance, hydropower and mutual funds. Of the eight losers, trading had the biggest fall of 27.80 points.

Among individual companies, the market values of 126 companies declined whereas 102 companies posted gains in their indices. 

Sonapur Minerals and Oil Limited had a transaction of its shares worth Rs 84.99 million and stood top in the segment. Narayani Development Bank Limited, having a fall of 5.33 percent in its market price, led the loser segment. Buddha Bhumi Nepal Hydropower Company Limited gained the highest of 9.97 percent to its market value. 


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