KATHMANDU, May 21: Nepal Stock Exchange (NEPSE) on Wednesday declined 7.94 points after investors rushed to book profits out of the surged prices of shares subsequently after the government finalized the governor of Nepal Rastra Bank.
The secondary market opened at 2,677.45 points and increased around 96 points in just three minutes, including the escalated value in the pre-opening session. The index however declined gradually in the remaining period throughout the trading hours.
Daily turnover suffers loss of Rs 1.35 billion as NEPSE sheds 1...
Three out of the 13 groups, including development bank, banking and mutual funds, had their market values increased by nominal values. Of the 10 losers, manufacturing and processing lost the largest of 49.68 points.
The sensitive index which measures the performance of ‘A’ class companies declined 0.17 points. Daily turnover amount however jumped to Rs 10.69 billion from Rs 7.31 billion on Tuesday.
Among individual companies, 93 were gainers while 153 were losers. Radhi Bidyut Company had the biggest turnover of its shares worth Rs 710.30 million.
Swet-Ganga Hydropower and Construction Limited shed the largest of 8.32 percent of its market value. Om Meghashree Pharmaceuticals Limited added 9.99 percent in its market price and registered as the topmost gainer.
