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Home Prime News

NEPSE inclines 9.50 points; daily turnover declines to Rs 5.134 billion

CEO Tab by CEO Tab
January 11, 2024
in Prime News
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Share market rises by 74.93 points ahead of monetary policy
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Nepal Stock Exchange (NEPSE) on Wednesday increased 9.50 points to close at 2,089.62 points.

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According to the NEPSE, the market opened at 2,080.12 points. The index successively rose to the day’s high at 2,116.44 points in the first 45 minutes. The index then dropped to as low as 2,086.28 points in the last few minutes, while the market recovered around three points before it closed for the day.  

The sensitive index that measures the performance of ‘A’ class companies also inclined 3.40 points. The daily turnover amount slid to Rs 5.134 billion from Rs 6.118 billion.

Six out of 13 groups were registered gainers. Manufacturing and processing with an addition of 66.60 points was the largest gainer. Among the losers, hotels and tourism shed the highest of 48.27 points.

Among individual companies, 118 were recorded as gainers whereas the same numbers were recorded as the losers.

Sonapur Minerals and Oil Limited carried out the largest transactions of its shares worth Rs 327.89 million. Manakamana Smart Laghubitta Bittiya Sanstha Limited gained the highest of 10 percent of its market price. Chhimek Laghubitta Bittiya Sanstha Limited lost the highest of 5.95 percent.

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