Thursday, November 18, 2021
    Nepal Stock ExchangeNEPSE NewsThe NEPSE index fell by 79 points on Tuesday.

    The NEPSE index fell by 79 points on Tuesday.

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    On Tuesday, the second trading day of the week, the Nepal Stock Exchange (NEPSE), the country’s lone secondary market, plummeted by 79.79 to close a record low.

    The benchmark index, which began the day 2829 and ended the day at 2749.85 points, was down 2.82 percent on the day.

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    Market conditions for the second day in a row as the stock market reopened following the Tihar festival. In the previous day’s trading, the index had dropped 19.20 points.

    A similar pattern was observed in the market today, with both the sensitive and float indexes falling in value. The sensitive index fell to 512.82 points, representing a 16.02 point or 3.03 percent decline. The float index fell to 191.42 points the close of the day, a decrease of 5.53 points or 2.81 percent from its previous level.

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    In today’s trading, all of the sub-indices were in the negative territory, with the non-life insurance index leading the pack of losers with a 4.64 point change, followed by the life insurance index with a loss of 379.83 points.

    In contrast, the daily turnover climbed on the second trading day, a total of 11,917,077 units of shares in 225 businesses were traded for a total of Rs 6.527 billion, representing an increase from the previous day.

    On Monday, barely Rs 4.420 billion was transacted in a day.

    Following the completion of the share transaction, the market capitalization amounted Rs. 3,866 trillion.

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