NEPSE inches up 9.44 points; daily turnover marginally increases to Rs 2.59 billion

NEPSE inches up 9.44 points; daily turnover marginally increases to Rs 2.59 billion
By Republica
Published: February 06, 2024 05:28 PM

KATHMANDU, Feb 6: Nepal Stock Exchange (NEPSE) on Tuesday increased 9.44 points to close at 2,085.71 points.

The market opened at 2,076.27 points and fell to the day’s low at 2,068.44 points in just two minutes of trading. The index then reached as high as 2,087.24 points in the next eight minutes. The index went through a series of fluctuations in the remaining trading hours.  

The sensitive index that measures the performance of ‘A’ class companies fell 1.45 points. The daily turnover marginally increased to Rs 2.59 billion from Rs 2.43 billion on Monday.

Two out of the 13 groups, including trading and ‘others’ had their indices declined by 15.57 points and 10.18 points, respectively. Non-life insurance posted the highest gain of 114.93 points, followed by life insurance adding 79.14 points and manufacturing and processing adding 62.45 points in their market indices.   

Among individual companies, 181 were recorded as gainers whereas 57 were the losers.

Himalayan Reinsurance Limited with transactions of its shares worth Rs 337.60 million topped the segment. Samaj Laghubitta Bittiya Sanstha Limited gained 9.99 percent of its market price, the largest of all. Samling Power Company Limited lost the highest of 10 percent of its market value. 

 

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