NEPSE surges 23.94 points, daily turnover falls to Rs 5.20 billion

Published On: May 21, 2024 07:05 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, May 21: Nepal Stock Exchange (NEPSE) on Tuesday surged 23.94 points to close at 2,115.94 points.

The secondary market has been moving in the upward direction since the beginning of this week. In the past three-day trading, the market soared by around 70 points.

The market opened at 2,092.00 points and plunged to the day’s low at 2,081.51 points in the first half an hour. The market bounced back and reached the day’s high at 2,118.34 points when the trading time remained an hour. The market slipped around three points before it closed for the day.

The sensitive index that measures the performance of ‘A’ class companies also increased by 3.53 points. The daily turnover fell to Rs 5.20 billion from Rs 5.85 billion on Monday.

Two out of the 13 groups including ‘trading’ and development bank were the losers. Of the gainers, the finance group added the highest of 75.15 points. 

Among individual companies, 194 were recorded as gainers whereas 43 were the losers.

Pokhara Finance Ltd had the largest turnover of its shares worth Rs 246.47 million. Janaki Finance Company Limited was the topmost gainer, while Shine Resunga Development Bank lost the highest of 4.28 percent of its market price.


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