KATHMANDU, Oct 10: Nepal Stock Exchange (Nepse) on Tuesday declined 19.06 points to close at 1,889.59 points.
This was the first time in the past four months that the country’s stock exchange market plunged below 1,900 points. Last time, on June 1, the market closed at 1866.35 points.
The secondary market, which opened at 1,908.66 points, escalated to the day’s high at 1,912.61 points in the first few minutes of trading. The market however fell continuously to hit as low as 1,886.01 points in the last 15 minutes, before the market recovered around three points to close for the day.
NEPSE inches up 9.44 points; daily turnover marginally increase...
The sensitive index that measures the performance of blue chip companies also declined 3.45 points. Daily turnover slightly increased to Rs 1.283 billion from Rs 1.170 billion on Monday.
All the 13 trading groups had their indices declined. Non-life insurance and life insurance shed 169.58 points and 108.01 points, respectively.
Among individual companies, the market values of 193 companies declined, while 31 companies posted gains in their indices.
Sanima GIC Insurance Limited with having trading of its shares worth Rs 203.794 million, led in terms of shares transaction amount. Barahi Hydropower Public Limited lost the highest of 7.64 percent of its market price. Similarly, Upper Lohore Khola Hydropower Company Limited was the highest gainer by adding 5.86 percent of its market value.
