Nepse nosedives with a fall of 41.16 points, daily turnover records Rs 3.30 billion on Monday

Published On: January 30, 2023 06:07 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Jan 30: Nepal Stock Exchange (Nepse) on Sunday fell 41.16 points to close at 2,127.37 points.

The secondary market opened at 2,168.53 points and went to a straight fall throughout the trading hours. According to stockbrokers, the share market is being affected after investors are in wait and watch regarding the half yearly review of the monetary policy.

The daily turnover increased to Rs 3.30 billion from Rs 3.017 billion on Sunday.

In the intraday trading, 204 companies lost in their market value whereas only nine companies were the gainers. The sensitive index that measures the performance of blue chip companies dropped a notable 7.33 points.

All the 13 trading groups lost in their market value. Of the losers, non-life, insurance, life insurance and hotels and tourism index plunged the three-digit points.

In individual companies, Surya Jyoti Life Insurance Company had the largest transaction of its shares worth Rs 176.54 million. United IDI Mardi RB Hydropower Limited was registered as the top loser, while Lumbini General Insurance was the topmost gainer of the day.

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