Earn Money Nepal

NEPSE Index Slips by 0.16%, PFL Leads Turnover

The NEPSE Index at the Nepal Stock Exchange experienced a slight dip of 0.16%, closing at 1,965.93 points, amidst a volatile trading session. Starting at 1,971.36, the index saw fluctuations, hitting an intraday high of 1,974.91 before sliding to an intraday low of 1,960.92.

Trading activity remained robust, with 303 different stocks changing hands in 42,016 transactions, reflecting a significant turnover surge. The total turnover amounted to Rs. 2.36 Arba, with a total volume of shares traded reaching 6,312,552. The market capitalization concluded at Rs. 31.17 Kharba, with a float market capitalization of Rs. 10.53 Kharba.

Pokhara Finance Ltd. (PFL) stole the limelight with a remarkable turnover of Rs. 11.26 Crore, closing at a market price of Rs. 610.90. Multipurpose Finance Company Limited (MPFL) led the gainers, soaring by 9.99%, followed closely by PFL with an 8.05% gain. However, Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) faced a decline of 5.83%, closing at Rs. 727.00.

In terms of sectors, five sector indices closed positively, with the “Finance Index” gaining by 3.13%. Conversely, the “Manufacturing and Processing Index” witnessed a decline of 0.71%.

Today’s trading session showcased significant fluctuations at the Nepal Stock Exchange, with PFL dominating turnover amidst sectoral changes. Investors closely monitored these developments for potential investment opportunities in the Nepali stock market.


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