NEPSE jumps 61.61 points; daily turnover falls slightly to Rs 15.23 billion

NEPSE jumps 61.61 points; daily turnover falls slightly to Rs 15.23 billion
By Republica
Published: July 21, 2024 07:25 PM

KATHMANDU, July 21: Nepal Stock Exchange (NEPSE) on Sunday escalated 61.61 points to close at 2,485.94 points.

The market that opened at 2,424.32 points initially declined to the day’s low at 2,409.63 points in the first 12 minutes. The index however went to an inclining trend and hit the day’s high at 2,494.06 points when 25 minutes of the trading time were left. The market corrected by around nine points in the remaining period before it closed for the day.

The sensitive index that measures the performance of ‘A’ class companies also grew by an impressive 13.53 points. The daily turnover declined to Rs 15.23 billion from Rs 15.54 billion on Thursday. 

All the 13 groups added to their market values. Hotels and tourism jumped the highest of 259.05 points, while trading, manufacturing and processing and life insurance were also successful in gaining three-digit points.

Among individual companies, 181 were recorded as gainers whereas 56 were the losers.

Soaltee Hotel Limited had the largest turnover of its shares worth Rs 341.09 million. United Modi Hydropower Ltd was the biggest gainer while Sikles Hydropower Limited had its market price declined by the biggest percentage.  

 

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