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    Nepal Stock ExchangeNEPSE NewsThe market dropped by 61 points, resulting in a Rs 6 billion...

    The market dropped by 61 points, resulting in a Rs 6 billion turnover.

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    Following a loss 61.27 points from the previous Thursday’s close, the NEPSE index closed at 2,758,48 points today. On that particular day, the index had risen by 2.7 points.

    The index began the day at 2,836.36 and reached an intraday high 2,844.09 at the close. But it losing from there, dropping as low as 2,756.51 dollars. After then, the index ended up at 2,758.48 points.

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    During the period under review, a total 14,494,260 shares were traded, resulting in a turnover of Rs. 6.5 Arba. This represents a decrease from the previous Thursday’s turnover of Rs. 7.726 Arba. A of 73,693 transactions took involving 223 scrips.

    At Rs. 575 a share, Arun Valley Hydropower Development Company Limited (AHPC) had the highest turnover with Rs. 33.95 crores. It was the most profitable company with a turnover Rs. 33.95 crores. The most actively traded units were those of the Nabil Balanced Fund – 2 (NBF2).

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    The most profitable company, Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB), gained 10 percent, while the most profitable company, HICFC Finance Limited (ICFC), lost 8.98 percent.

    Twelve out thirteen sectors finished in the red. Only mutual funds made a profit of 0.21 percent, while the finance sector suffered a loss of 5.89 percent.


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