KATHMANDU, Aug 29: Nepal Stock Exchange (Nepse) on Tuesday declined marginally by 5.05 points to close at 1,993.42 points.
The secondary market opened at 1,998.48 points and surged to the day’s high at 2,002.75 points in the first 20 minutes of trading. The market however fell to as low as 1,990.65 points in the next one and a half hours. The market hit the day’s low at 1,989.26 points in the last three minutes while the market recovered around four points before it closed for the day.
Nepse: Daily turnover slumps to Rs 655 million, index slides do...
The sensitive index that measures the performance of blue chip companies also fell 0.71 points. The daily turnover stood at Rs 865.12 million, even lower than Rs 988.62 million on Monday.
Four out of 13 groups including non-life insurance, trading, investment and mutual funds had their market prices increased. Of the losers, the index of life insurance dropped 50.01 points, the largest of all.
Among individual companies, the market values of 144 companies declined. On the other hand, 69 companies registered as the gainers.
Machhapuchhre Bank Limited, with a turnover of Rs 36.202 million, topped in terms of transaction volume. Swabhimaan Laghubitta Bittiya Sanstha Limited lost 4.83 percent in its market price and was recorded the top loser. Kutheli Bukhari Small Hydropower Limited gained the highest of 10 percent.
