Nepal Stock Exchange (NEPSE) on Monday declined 15.62 points to close at 1,958.75 points.
The secondary market opened at 1,974.37 points and went into a straight fall and reached as low as 1,956.12 points in the first two hours of trading. The index gained around 12 points in the next one hour, followed by a downfall to hit the day’s low at 1,953.24 points in the last six minutes. The market recovered around five points in the remaining period before it closed for the day.
The sensitive index that measures the performance of ‘A’ class companies also declined a notable 3.38 points. The daily turnover declined to Rs 2.89 billion from Rs 3.79 billion on Sunday.
Development bank by adding 9.33 points in its index was the only gainer in the intraday trading. Of the 12 losers, non-life insurance shed the highest of 112.60 points.
Among individual companies, 62 were recorded as gainers whereas 177 were the losers.
Citizen Life Insurance Company Limited had the largest turnover of its shares worth Rs 319.83 million. Pokhara Finance Ltd was recorded the biggest loser, while Bottlers Nepal (Terai) Limited gained the highest of 9.03 percent of its market price.
