Nepse down 4.62 points after five days of gains

Himal Press 08 Jul 2024
Nepse down 4.62 points after five days of gains

KATHMANDU: Nepal Stock Exchange (Nepse) snapped a five-day gaining streak and posted a nominal loss of 4.62 points to close trading at 2,136.35 points on Monday.

Unit prices of 141 scrips declined on the day, while 95 advanced and 10 remained unchanged. Stock market analysts said the market witnessed some correction after a six-day gaining run.

NRN Infrastructure & Development logged the highest turnover of the session, with shares worth Rs 287.08 million traded. Next were Janaki Finance Company Ltd and CEDB Hydropower Development Company Ltd with turnovers of Rs 155.55 million and Rs 96.39 million, respectively.

Among trading groups, three sub-indices posted gains while the remaining 10 ended the day in the red. The biggest gain came from the Microfinance sub-index, which was up by 0.92%, while the Hotels & Tourism sub-index posted the biggest loss of 0.95%.

Shares worth Rs 4.56 billion were traded on the bourse through 59,974 transactions. Total market capitalization reached Rs 3.38 trillion.

Published On: 08 Jul 2024


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