KATHMANDU, Jan 1: Nepal Stock Exchange (NEPSE) increased marginally by 5.10 points to close at 2,581.60 points on Wednesday, the first day of 2025.
Despite a nominal rise in the market index, the daily turnover fell heavily to Rs 3.59 billion from Rs 5.67 billion on Tuesday. The amount was a two and a half months’ low, with the daily turnover recorded at Rs 3.06 billion earlier on October 10, 2024.
The secondary market opened at 2,576.50 points and reached the day’s low at 2,568.2 points in the first 34 minutes. In the next 23 minutes, the market bounced back and hit the day’s high at 2,589.43 points. The market lost around eight points in the remaining three hours before it closed for the day.
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The sensitive index, which measures the performance of ‘A’ class companies, also slid 0.58 points.
Five groups including banking, life insurance, ‘others,’ microfinance and mutual fund were the losers of the day. Banking shed the largest of 10.18 points in its index. Out of the eight gaining groups, the finance index escalated by 107.78 points.
Among individual companies, 150 were gainers while 88 were registered as losers. NRN Infrastructure and Development Limited had the biggest turnover of its shares worth Rs 218.21 million.
Trishuli Jal Vidhyut Company Limited added the largest of 10 percent in its market value. Support Microfinance Bittiya Sanstha was registered as the topmost loser.
