What we do is costly! Your support will help us dig more stories.

Yes, I'm Interested!

Ignorance isn't always bliss | Don't stay foolish.
Keep informed | Read our news and analysis.

×
d

daily stock update | market | nepse | red | benchmark index

Stock market

NEPSE falls 8.14 points, trading volume drops to NRs 3.91 billion

Stock market volatility graph | Photo: Lina Darjan's Images
Stock market volatility graph | Photo: Lina Darjan's Images

The benchmark index closed at 2,728.03, dragged down by losses across most sectors. Finance stocks led the decline.

-the_farsight |

The stock market closed lower on Thursday, with the NEPSE index shedding 8.14 points, or 0.30%, to settle at 2,728.03.

Market activity also weakened, with daily turnover falling to NRs 3.91 billion from NRs 4.29 billion recorded on Wednesday. More than 9.23 million shares of 350 securities changed hands during the day.

Investor sentiment remained negative as share prices of 178 companies declined, while 82 advanced and 13 remained unchanged.

Among the 13 sectoral indices, only Hotels & Tourism and Manufacturing & Processing posted gains, rising 0.47% and 0.26%, respectively. The Finance sector led losses with a 1.45% drop, followed by Trading, which fell 1.23%.

Recently listed stocks dominated the gainers' list. Sopan Pharmaceuticals surged 15% to NRs 462.40 per share, while Apollo Hydropower climbed 14.97% to NRs 396.20, with both stocks hitting the positive circuit limit.

Saptakoshi Development Bank was the biggest loser, plunging 13.51% to NRs 877.90 per share. Rawa Energy and Reliance Finance also posted notable declines.

City Hotel topped the turnover chart with shares worth NRs 236.3 million traded, followed by Central Finance, Bungal Hydropower, People's Hydropower Company and Ankhu Khola Hydropower Company.

the_farsight Business | Finance | Environment | Econmy | Politics | Insight | In-depth Analysis | News | Investigation | Research | Expert Opinion | Anatomy of Complex Issues

Read More Stories

News

Bhotekoshi flood: Death toll rises to 489, still missing 2,381

The death toll from the sudden flood that swept through the Bhotekoshi River...

by the_farsight

News

Large lake formed near China-Nepal border bursts, says Nepali officials, urge residents to stay safe

A large lake formed near the confluence of the Chochen Khola and Purepu...

by the_farsight

News

Death toll climbs to 359

The death toll from the BhotekoshiTrishuli floods has reached 359, according to the...

by the_farsight

×