KATHMANDU, April 24: Nepal Stock Exchange (Nepse) on Monday increased marginally by 2.71 points to close at 1,888.32 points.
The secondary market opened at 1,885.60 points and plunged to the day’s low at 1,875.57 points in the first 20 minutes. In the next moment, the index rose to as high as 1,891.81 points, before being dropped by around three points to close for the day.
Nepse inches up 3.04 points, daily turnover further slides down...
Four trading groups including hotels and tourism, non-life insurance, banking and investment lost their market values. Of the remaining nine groups, life insurance topped the list by adding 82.10 points in its index.
In the intraday trading, 120 listed companies were the gainers, while 85 companies lost their market values. The sensitive index that measures the performance of the blue chips companies also gained 0.23 points.
The daily turnover stood at Rs 751.33 million, even lower than at Rs 828.53 million on Sunday. In recent days, the market turnover has been posting pathetic performance, showing low confidence of investors in the stock exchange.
Among individual companies, the share transaction amount of Kalinchowk Darshan Limited was recorded at Rs 88.17 million, the largest of all. People’s Power Limited gained the highest percentage of its market price, while Kalinchowk Darshan Limited was recorded as the highest loser.
