KATHMANDU, Feb 10: Nepal Stock Exchange dipped 11.96 points to close at 2,801.56 points on Thursday.
This week, the secondary market followed a downward graph in the past three consecutive trading days. According to the stockbrokers, investors are in a ‘wait and watch’ situation regarding the political development and liquidity crunch in the country’s banking system in order to inject more investment.
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The secondary market witnessed a high fluctuation in the intraday trading on Thursday. The Nepse index reached as high as 2,825.32 points while it fell to the lowest of 2,791.13 points.
Except for ‘trading’, others and mutual funds, the shares prices of the rest of the 10 trading groups fell on average. The turnover amount stood at Rs 3.82 billion, a slight increase to the amount of Wednesday.
Nepal Doorsanchar Company Limited led in terms of the largest transaction amount. The company’s shares worth Rs 254.83 million were traded. Everest Insurance Company Limited Promoter Share was the top gainer while Mithila Laghubitta Bikas Bank was the top loser.
