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.

×

Market

NEPSE falls as trading volume declines

Stock market downtrend | Photo: Corina Ciocirlan
Stock market downtrend | Photo: Corina Ciocirlan

Trading activity slows as NEPSE dips 46.78 points, with most sectors in the red and total turnover dropping to NRs 13.2 billion.

-the_farsight |

The NEPSE index fell along with trading volume on Wednesday, dropping 46.78 points to close at 2,796.57. The market decline was driven by losses in all sub-sectors except mutual funds.

On Tuesday, the index fell by 32.1 points. The market slowed for the second consecutive day after a strong gain on Monday, when the index rose 163 points following a week-long market disruption due to the elections and other holidays. Trading value also decreased on Wednesday, with turnover amounting to NRs 13.2 billion compared to previous day’s NRs 21 billion. 

34 companies saw price gains, 225 declined, and three remained unchanged. Kalika Power suffered the largest drop, with its share price falling 8.47%.

Ridi Power Company recorded the highest trading value at NRs 85.94 million, followed by Aankhu Khola Hydropower Company at NRs 51.29 million.

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

Read More Stories

Market

NEPSE extends decline for second session

The Nepal Stock Exchange (NEPSE) ended the week in the red, extending its...

by the_farsight

Market

NEPSE falls by double digits, trading volume slumps

The stock market extended its losses on Thursday, with the Nepal Stock Exchange...

by the_farsight

Op-ed

Technofeudalism with Nepali characteristics

There is a story Deng Xiaoping used to tell, or at least attributed...

by Suman Gyawali

×