KATHMANDU, April 23: Nepal Stock Exchange (NEPSE) on Thursday declined 17.01 points to close at 2,804.17 points.
The secondary market opened at 2,804.17 points and spiked the day’s high at 2,817.09 points in the first four minutes. However, the market entered a straight decline and fell to a low of 2,783.96 points over the next 25 minutes. While undergoing a wide range of volatility, the index hit the day’s low at 2,780.3 points in the last three minutes. The market recovered around seven points in the remaining period before it closed for the day.
This is the fourth day in the row that the market went to a downfall. This week, the market shed a total of 51 points.
Nepse ends week lower as Sebon’s press release mars investor se...
In the intraday trading on Thursday, three sectors including manufacturing and processing, trading and mutual funds were the gainers. Manufacturing and processing posted a gain of 69.62 points, largest of all. Out of 10 losers, non-life insurance plunged by the largest of 131.40 points.
The sensitive index, which measures the performance of ‘A’ class companies, dropped 2.94 points. Daily turnover declined to Rs 5.09 billion from Rs 7.81 billion.
Among the individual companies, 46 were the gainers as 216 lost their charms for the investors. Reliance Spinning Mills had the largest turnover of its shares worth Rs 304.25 million.
Suryakunda Hydro Electric Limited with a decline of 11.79 percent in its market value was recorded as the highest loser. Two companies including Palpa Cement Industries Limited and Shikhar Power Development Limited stood as topmost gainers of 14.99 percent.
