Nepse slides down 2.25 points, daily turnover falls to Rs 739.65 million

Published On: April 27, 2023 05:30 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, April 27: Nepal Stock Exchange (Nepse) on Thursday slid down 2.25 points to close at 1,889.75 points.

The secondary market opened at 1,892 points and hit the day’s low at 1,880.5 points in the first one hour of the trading. In the next moment, the market reached as high as 1,895.17 points before it took the downturn to close for the day.

Two groups including hotels and tourism and banking gained in their market indices, while the remaining 10 groups were the losers; manufacturing and processing shed the highest 56.42 points.

In the intraday trading, 139 listed companies were the losers, while 65 companies added to their market values.

The daily turnover amount was recorded at Rs 739.65 million, down from Rs 847.02 million on Wednesday. Due to the low confidence of the share investors, the market has been posting a poor transaction record for the past two weeks.   

Among individual companies, Everest Bank Limited recorded the biggest share transaction of Rs 37.60 million. NIBL Growth Fund was the biggest loser, while Citizens Mutual Fund 2 gained the highest percentage of its market price. 

 


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