Nepal Stock Exchange (NEPSE) on Wednesday increased marginally by 2.11 points to close at 2,968.44 points.
After a two-day public holiday, the secondary market opened at 2,966.33 points and reached the day’s high at 3,002.74 points in the first four minutes. In the next moment, the market went into a series of fluctuations and hit the day’s low at 2,944.26 at the midway of the trading hours. In the almost two hours of the remaining trading, the market recovered around 24 points before it closed for the day.
The sensitive index, which measures the performance of ‘A’ class companies, increased 1.25 points. The daily turnover declined to Rs 18.90 billion from Rs 28.83 billion on Sunday.
Among individual companies, 99 were recorded as gainers whereas 140 were the losers.
Five groups including finance, development bank, banking, ‘others’ and investment were the gainers, while the finance index surged by the largest of 186.89 points. Non-life insurance index dropped by the biggest of 98.98 points.
Himalayan Reinsurance Limited had the largest turnover of its shares worth Rs 660.23 million. Four companies including Corporate Development Bank, Sindhu Bikash Bank, Reliance Finance and Dolti Power Company Limited were the top gainers. Karnali Development Bank was recorded as the biggest loser.
