Wednesday, 6 December, 2023

NEPSE continues to follow bearish trend, index slips by 46.46 points


By A Staff Reporter
Kathmandu, Apr. 6: The benchmark of share market index, NEPSE, has been declining for the last three consecutive days since Sunday.
The NEPSE index declined by 46.46 points (1.86 per cent) and closed at 2,452.06 points on Tuesday, the third trading day of the week.

The index had declined by 92.24 points for the last three transaction days of the week. NEPSE declined by 30.89 points on Sunday and 14.88 points on Monday. The sensitive index which measures the performance of group ‘A’ companies also decreased by 8.34 points (1.79 per cent) to close at 458.22 points today.

According to NEPSE, the sub-indices of all groups, except hotels and tourism declined today. Sub-index of life insurance group posted the highest fall of 432.28 points followed by non-life insurance and development bank group whose indices decreased by 346.84 points and 83.99 points respectively. Similarly, sub-index of others went down by 71.96 points, microfinance by 68.33 points, hydropower by 60.15 points and finance by 53.85 points.

The sub-index of banking has decreased by 18.8 points, trading by 44.06 points, manufacturing and processing by43.2 points, mutual fund by 0.28 points and investment by 1.53 points.
Sub-index of hotels and tourism has increased by 15.12 points to close at 3,051.04 points.

A total of 5,841,998 shares worth Rs. 2.67 billion of 228 companies were bought and sold in 45,894 transactions today.
Share prices of Rastra Utthan Laghubitta Sanstha and NESDO Sambridha Laghubitta Bittiya Sanstha increased by 10 per cent, Jalpa Samudayik Laghubitta Bittiya Sanstha rose by 6.07 per cent and Unilever Nepal by 3.23 per cent.

However, share price of Emerging Nepal declined by 10 per cent, Narayan Development Bank by 6.37 per cent, United IDI Mardi RB Hydropower per cent by 6.01 points in today’s transaction.