NEPSE Index At 2,570.81 with lowering turnover

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NEPSE Index At 2,570.81 with lowering turnover

This morning’s closing of the NEPSE index was 2,570.81, a decrease of 6.68 points from yesterday’s closure. Yesterday, the index had dropped by 55.93 points.

After opening at 2,577.36, the index dropped to 2,542.11 at the end of the day. However, it proceeded to from there, and the index reached a of 2,596.31 before settling at 2,570.81, a gain of 0.4 percent.

A total of 7,653,220 shares were traded, resulting in a turnover amount of Rs. 3.627 Arba (about Rs. 3.627 billion rupees). This represents a decrease from the previous day’s turnover of Rs. 4.113 Arba. A total of 48,236 transactions took place involving 227 scrips.

United Modi Hydropower Limited (UMHL) had the largest turnover, with Rs. 12.12 crores in sales at a market of Rs. 425 per share, and was the most profitable company overall. The most actively shares were those of Prime Commercial Bank Limited’s promoters.

Today, a total of three scrips have officially crossed the 10 percent positive circuit breaker, with Manakamana Laghubitta Bittiya Sanstha Limited (MKLB) suffering the worst loss at 9.38 percent to date.

Four areas finished in the black, while the rest were in the red. Microfinance saw the most gain, gaining 1.47 percent, while finance saw the worst loss, losing 2.47 percent.

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