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ECONOMY

NEPSE edges up slightly, turnover reaches Rs 4.53 billion

The market was supported by gains in sub-indices including finance, hydropower, investment, life insurance, manufacturing and processing, microfinance, and trading sectors.
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By REPUBLICA

KATHMANDU, June 19: The Nepal Stock Exchange (NEPSE) index recorded a modest gain on Friday, rising by 1.63 points to close at 2,702.11.



The market was supported by gains in sub-indices including finance, hydropower, investment, life insurance, manufacturing and processing, microfinance, and trading sectors.


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Out of the traded companies, share prices of 116 companies increased during the session. Apollo Hydropower hit a positive circuit, while Sopan Pharmaceuticals surged by 14 percent.


Meanwhile, 140 companies saw a decline in their share prices. Bungal Hydropower recorded the biggest drop, falling by 12.45 percent.


Total market turnover stood at Rs 4.53 billion during the trading day.


 

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