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Nepse loses 23.85 points on Monday as investors rushed to book profits

KATHMANDU, June 27: Nepal Stock Exchange (Nepse) fell by 23.85 points on Monday after the investors rushed to book gains out of the surged shares prices on Sunday when the index jumped by around 95 points.
By Republica

KATHMANDU, June 27: Nepal Stock Exchange (Nepse) fell by 23.85 points on Monday after the investors rushed to book gains out of the surged shares prices on Sunday when the index jumped by around 95 points.


The secondary market that opened at 1,956.98 points reached a maximum of 1,985.93 points within a few minutes of the starting of trading for the day. The market went through a series of fluctuation on the rest of the trading hours before closing finally at 1,933.13 points.


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Except life-insurance and investment, the rest of 11 trading groups lost in their average share price. The sensitive index that measures the performance of blue chips companies also declined 7.02 points. The daily turnover amount stood at Rs 2.04 billion.


Citizen Investment Trust had the largest transaction of its shares worth Rs 156.58 million. Unnati Sahakarya Laghubitta Bittiya Sanstha Limited lost the highest percent in its share price while CYC Nepal Laghubitta Bittiya Sanstha Limited was the top gainer. 


 

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