Nepse shrinks 17.93 points while daily turnover declines to Rs 1.014 billion

Published On: November 29, 2023 07:10 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Nov 29: Nepal Stock Exchange (Nepse) on Wednesday declined 17.93 points to close at 1,876.60 points.

The secondary market opened at 1,894.53 points and recorded the day’s high of 1,907.07 points in about the first hour of trading. The market then went into a straight fall in the remaining trading period and hit as low as 1,872.21 points in the last five minutes. The market recovered around four points in the remaining trading hours.

The sensitive index that measures the performance of blue chip companies also declined 2.96 points. The daily turnover further declined to Rs 1.014 billion from Rs 1.28 billion on Tuesday. 

While ‘others’ posted a gain of 2.39 points, the remaining 12 trading groups were the losers. Life insurance lost 159.25 points, the largest, which was followed by non-life insurance, and manufacturing and processing that witnessed a fall of three-digit points.  

Among individual companies, the market values of 190 companies declined whereas 42 companies posted a gain in their indices.

Sonapur Minerals and Oil Limited had trading of its shares worth Rs 62.89 million and stood top in the segment. Buddha Bhumi Nepal Hydropower Company Limited, having a fall of 9.98 percent of its market price, led the loser segment. Vijaya Laghubitta Bittiya Sanstha Ltd with adding 9.88 percent in its market value was the highest gainer. 


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