KATHMANDU, Nov 2: The Nepal Stock Exchange (NEPSE) plunged 32.65 points on Monday, the first trading day of the week, with all the 13 sub-sectors landing in red.
The secondary market opened at 2,690.15 points and went to a straight fall to hit the day’s low at 2,653.43 points in the last one minute before adding around four points to close for the day. The market closed at 2,657.50 points.
Nepse stretches winning run with record weekly turnover
Three groups—life insurance, non-life insurance and development banks—shed three-digit points, with life insurance falling by the largest of 177.94 points. A total of 21 companies were gainers, 252 companies lost while six remained unchanged in their market values.
Daily turnover stood at Rs 7.18 billion, down by Rs 1.64 billion compared to the volume of the previous day. On Friday, the NEPSE witnessed turnover of Rs 8.82 billion.
Beni Hydropower Project was the highest gainer of 13.58 percent as Sanima Large Cap Fund lost the most of 4.86 percent. Ghalemdi Hydro Limited had the largest transaction of its shares worth Rs 376.37 million.
