News Article

Nepse nosedives 28.31 points on the first trading day of the week, daily turnover crosses Rs 1 billion

By Republica

Published: April 09, 2023 06:54 PM

KATHMANDU, April 9: Nepal Stock Exchange (Nepse) on Sunday took a nosedive by 28.31 points to close at 1,838.48 points.

The secondary market opened at 1,866.79 points and went to a straight fall throughout the trading hours. Overall, the market dropped 1.52 percent.

All the 13 trading groups lost in their market prices. Life-insurance and non-life insurance plunged three-digit points.

In the intraday trading, 201 listed companies lost in their market value, while only 15 companies registered as gainers. The sensitive index that measures the performance of the blue chip companies lost 4.24 points.

The daily turnover amount was recorded at Rs 1.159 billion. It was in the past week that the secondary market crossed the Rs 1 billion mark in its daily transaction.

Among individual companies, Nabil Bank carried out transactions of its shares worth Rs 57.85 million and was the topmost in the list. Machhapuchhre Bank Debenture 2085 was the highest loser, while Kalinchowk Darshan Limited gained the highest percent of its market value.

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