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NEPSE marginally gains 3.79 points; daily turnover increases to Rs 5.08 billion

CEO Tab by CEO Tab
July 4, 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 marginally by 3.79 points to close at 2,104.22 points.

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The secondary market opened at 2,100.43 points and reached the day’s high at 2,104.38 points in the first one minute. The index plunged to the day’s low at 2,077.64 points in the next few minutes, while it recovered around 18 points in the next one and a half hour. The market hovered around 2,090 points between 1:15 pm and 2:45 pm. The market gained around 12 points in the last 15 minutes before it closed for the day.

The sensitive index that measures the performance of ‘A’ class companies also increased 2.13 points. The daily turnover surged to Rs 5.08 billion from Rs 4.57 billion on Tuesday.

Five out of the 13 groups added in their market prices. Trading, finance and development banks groups gained a whopping 178.83 points, 148.85 points and 111.98 points, respectively. Of the eight losers, manufacturing and processing shed the highest of 70.20 points.

Among individual companies, 101 were recorded as gainers whereas 136 were the losers.

Manjushree Finance had the largest turnover of its shares worth Rs 230.17 million. Central Finance was recorded as the topmost gainer, while Chirkhwa Hydropower Limited lost the highest of 4.70 percent of its market value.

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Manish Raj Poudel
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