KATHMANDU, Nov 5: Nepal Stock Exchange (NEPSE) shed 0.21 points on Tuesday, the first day the secondary market opened after Tihar holidays.
The market which opened at 2,677.62 points initially escalated by 19 points to reach the day’s high at 2,696.85 points in the first 47 minutes of trading. The market however could not retain its charm for investors and the index eventually fell to as low as 2,670.51 points in the next two hours. The market recovered by around seven points in the remaining period before it closed for the day.
Daily turnover suffers loss of Rs 1.35 billion as NEPSE sheds 1...
The sensitive index, which measures the performance of ‘A’ class companies, also declined by 0.82 points. The daily turnover slipped to Rs 4.20 billion, compared to Rs 5.95 billion recorded on the last trading day before Tihar.
Among individual companies, 113 were gainers whereas 123 companies were recorded as losers.
Six out of the 13 groups were the losers. The trading index went down by 27 points, the largest of all. Non-life insurance gained the highest of 141.52 points in the intraday trading.
Nepal Finance Ltd had the largest turnover of its shares worth Rs 299.08 million. Mid Solu Hydropower Limited, with a drop of 10 percent of its market value, was the biggest loser. Super Mai Hydropower Limited was recorded as the topmost gainer.
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