Earn Money Nepal

NEPSE Index Declines by 3.38% in Market Setback Following Previous Day’s Surge

The Nepal Stock Exchange (NEPSE) Index faced a notable setback, witnessing a decline of 70.31 points or 3.38% from the prior day’s close, settling at 2,007.69 points. This followed a remarkable 6% surge in the market on the previous day, which led to a series of trading halts and ultimately resulted in an early closure for the entire day. The total turnover during this eventful session amounted to an impressive Rs 37.52 Crores, and the market concluded at 2,078 points, showcasing a substantial gain of 117.70 points.

The trading day commenced with the index opening at 2,094.71, experiencing an intraday low of 2,003.77, and reaching an intraday high of 2,095.19. In today’s trading, 316 different stocks were traded in 69,208 transactions, with a total volume of shares reaching 11,467,599 and a turnover of Rs. 4.11 Arba. The market capitalization stood at Rs. 31.55 Kharba, featuring a float market capitalization of Rs. 10.78 Kharba.

Sonapur Minerals And Oil Limited (SONA) led in turnover, reaching Rs. 41.91 crores and closing at a market price of Rs. 493.80. Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) exhibited the highest gain of 8.73%, followed by Global IME Balanced Fund-1 (GIBF1) with a gain of 7.85%.

Conversely, Bottlers Nepal (Balaju) Limited (BNL) faced the highest loss of 10%, trailed by Joshi Hydropower Development Company Ltd (JOSHI) with a decline of 9.99%. In terms of sector indices, only the “Mutual Fund Index” closed in positive territory, gaining the highest at 0.66%, while the “Others Index” experienced the most significant loss with 4.35%


Please enter your comment!
Please enter your name here