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Nepse loses 17.58 points on Thursday

KATHMANDU, June 9: Nepal Stock Exchange (Nepse) on Thursday declined by 17.58 points after investors rushed to book the capital gains out of the rise in share prices on Wednesday.
By Republica

KATHMANDU, June 9: Nepal Stock Exchange (Nepse) on Thursday declined by 17.58 points after investors rushed to book the capital gains out of the rise in share prices on Wednesday.


The secondary market had gained 60.22 points on Wednesday. But the market could not maintain consistency in the next day’s trading. In the intraday trading, the market opened at 2,080.44 points and reached the maximum of 2,115.28 points before settling at 2,062.86 points.  


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The entire 13 trading groups landed into red, with the majority of them facing a double-digit fall in their indices. The turnover amount stood at Rs 1.47 billion, declining from Rs 1.64 billion on the previous day.


Kumari Bank Limited had the transaction of its shares worth Rs 67.46 million, the largest of all. Nepal Investment Bank Limited Promoter Share was the topmost loser while Upakar Laghubitta Bittiya Sanstha Limited gained the highest percentage in its shares price.


 

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