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Home Prime News

NEPSE witnesses below 2,000 points while daily turnover declines to Rs 2.10 billion

CEO Tab by CEO Tab
April 17, 2024
in Prime News
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NEPSE down by 44 points, trading over Rs 3 billion
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Nepal Stock Exchange (NEPSE) on Tuesday declined by 14.81 points to close at 1,991.71 points, plunging below 2000 points for the first time after one and a half months.

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The secondary market opened at 2,006.52 points and fell to 1,995.58 points in the first few minutes. The market remained almost stable for the next three hours of trading. The index slid down again in the last hour before the market closed for the day.

The sensitive index that measures the performance of ‘A’ class companies shed 2.26 points. The daily turnover declined to Rs 2.10 billion from Rs 2.79 billion on Monday.

All the 13 trading groups had their indices decline. Non-life insurance lost the highest of 78.20 points. 

Among individual companies, 42 were recorded as gainers whereas 199 were the losers.

Gurkhas Finance Ltd had the largest turnover of its shares worth Rs 175.97 million. Ru Ru Jalbidhyut Pariyojana Limited was the top loser, while SBL Debenture 2089 gained the highest of 9.99 percent of its market price.

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