KATHMANDU, Jan 31: Nepal Stock Exchange (Nepse) fell 13.48 points to close at 2,872.05 points on Monday.
According to a stockbroker, the market fell after the investors rushed to book profit they earned from the surged prices of the shares from Sunday trading. The secondary market soared 105.55 points on Sunday.
Nepse in weekly correction but selling pressure eases off
With a drop in Nepse index, the transaction volume has come down to Rs 5.15 billion from Rs 6.32 billion. On the intraday trading, the market reached as high as 2,905.79 points, which went through successive fluctuation thereafter finally closing down with a loss of 0.47 percent.
Except ‘others’, microfinance and investment, the rest of the 10 groups lost points on average shares prices. With a decline of 178.76 points, non-life insurance was the biggest loser.
Among individual companies, Forward Microfinance Laghubitta Bittiya Sanstha was the largest gainer. The company’s scrip increased in value by Rs 217. Mountain Hydro Nepal Limited was the topmost loser.
