Nepse plunges 22.12 points; daily turnover hits Rs 2 billion on Thursday

Published On: February 2, 2023 05:13 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Feb 2: Nepal Stock Exchange (Nepse) on Thursday plunged 22.12 points to close at 2,094.54 points.

The secondary market opened at 2,116.65 points and reached as high as 2,126.14 points in the first hour of trading. However, the market went into a straight fall in the remaining trading hours.

The daily turnover, however, increased marginally to Rs 2.096 billion from Rs 1.767 billion on Wednesday.

A total of 194 companies lost in their market values whereas 19 companies recorded gains. The sensitive index that measures the performance of blue chip companies dropped 2.80 points.

All the 13 trading groups had a decline in their indices. Of the losers, banking, investment and mutual funds witnessed a nominal drop in their market values.   

In individual companies, Standard Chartered Bank had the largest transaction amount of its shares worth Rs 101.39 million. Support Microfinance Bittiya Sanstha lost the highest percent of its market value, while Adarsha Laghubitta Bittiiya Sanstha was recorded as the biggest gainer.

Leave A Comment