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Stock market

NEPSE rebounds 6.63 points as turnover drops 21%

After Monday’s 32.65 points fall, NEPSE closed at 2,664.13 points on Tuesday but turnover lowered to 5.65 billion from NRs 7.18 billion.

-the_farsight |

The Nepal Stock Exchange (NEPSE) rebounded on Tuesday, gaining modest 6.63 points (0.25%) to close at 2,664.13 points, following a decline of 32.65 points in the previous session. 

Daily turnover declined by 21.33% (NRs 1.53 billion) to NRs 5.65 billion on Tuesday, compared to NRs 7.18 billion in the previous trading session.

A total of 349 scrips and 15,420,920 shares were traded.

Among the sectoral indices, the hotels and tourism recorded the highest gain of 1.08% followed by banking (0.52%), hydropower (0.31%) meanwhile, the manufacturing and processing declined by 0.07% followed by investment (0.04%), finance (0.01%). 

Shikhar power emerged as the top gainer, raising by 5.94% followed by River Falls Power (5.80%), Prabhu Selected Funds (4.14%) and Trishuli Jal Vidhyut (3.77%) 

On the losing side, Beni Hydropower recorded the steepest decline by 5.04% followed by Chirkhwa Hydropower (4.94%),  Century Debenture 2088 (4.23%) and Swabhimaan Laghubitta Bittiya Sanstha (3.57%). 

Global IME Bank led the market in terms of turnover, recording transactions of NRs 231.41 million followed by Butwal Power (194.46 millions), Kumari Bank  (NRs 191.52 million) and Soaltee Hotel (NRs 167.41 (million).

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