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NEPSE inches up 4 points as daily turnover slides to Rs 4.46 billion

The Nepal Stock Exchange (NEPSE) saw a slight improvement on Monday, the first trading day of the week, with the market index increasing by four points and closed at 2,595.81.
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By REPUBLICA

KATHMANDU, Oct 12: The Nepal Stock Exchange (NEPSE) saw a slight improvement on Monday, the first trading day of the week, with the market index increasing by four points and closed at 2,595.81.



Trading activity however witnessed a slight decline in intraday trading. There was a total turnover of Rs 4.46 billion, down from Rs 4.84 billion on Friday.


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Sub-indices for the trading, development bank and banking sectors rose 32.55 points, 28.80 points and 15.32 points, respectively. Likewise, life insurance and finance were also among the gainers. Of the eight losers, hotels and tourism declined the most by 61.09 points.


Share prices rose for 105 companies and fell for 165, while the prices of 7 companies remained unchanged.


Dhaulagiri Laghubitta Bittiya Sanstha and Snow Rivers Limited saw the highest gain at 14.99 percent, whereas Ridge Line Energy recorded the steepest decline at 6.29 percent. Kumari Bank Limited had the largest turnover of Rs 251.98 million of its shares.


 

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