Nepse logs loss of 19.89 points

Himal Press 30 May 2024
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SHARES
Nepse logs loss of 19.89 points

KATHMANDU: The Nepal Stock Exchange (Nepse) index fell by 19.89 points to end the week’s trading at 2,069.53 points on Thursday.

Share prices of 173 companies declined on the day, while 70 advanced and four remained unchanged. Share prices of fur companies hit the positive circuit of 10% despite the overall gloom in the bourse.

Nepal Finance Company Ltd logged the highest turnover of the day with shares worth Rs 194.57 million traded. Next were Ngadi Group Power Ltd and Janaki Finance Company Ltd with turnovers of Rs 153 million and Rs 136.07 million.

Among trading groups, only three out of 13 groups posted gains on the day. The biggest loss came from the Hotels & Tourism sub-index which fell by 2.53%. Next were Microfinance and Banking sub-indices with losses of 1.96% and 1.72%.

Shares worth Rs 4.21 billion were traded on the bourse, while total market capitalization reached Rs 3.28 trillion.

Published On: 30 May 2024

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