NEPSE Index Drops, Finance Subgroup Hit Hardest

NEPSE Index Drops, Finance Subgroup Hit Hardest

The Nepal Stock Exchange (NEPSE) index faced a downturn on Monday, following a recent surge on Sunday.

Experiencing a decline of 15.41 points, the stock market reached 1969.02 today.

A significant total of 5,656,282 shares exchanged hands, amounting to Rs 2,058,300,000 in value.

Compared to Sunday’s trading worth Rs 2.26 billion, Monday’s trading saw a dip.

All 13 subgroups observed a reduction in trading volume alongside the NEPSE index.

The finance subgroup registered the most substantial decline at 2.10 percent.

Similarly, the production and development banks subgroup also witnessed notable decreases.

Out of the 320 companies traded, the share value of 186 companies declined, while 49 experienced an increase, and 10 remained stable.

Nepal123

Leave a Reply

Your email address will not be published. Required fields are marked *

Also Read

NEPSE Stumbles as Stock Market Slips 3.97 Points
NEPSE NEWS & Articles

NEPSE Stumbles as Stock Market Slips 3.97 Points

The Nepal Stock Exchange (NEPSE) encountered a challenging day on Monday, with the benchmark index plunging by 3.97 points, settling at 2079 points by the end of the trading session. This downturn in the NEPSE stock market index was accompanied by a notable reduction in transaction volumes, with a total turnover of Rs 4 billion, […]

Read More
NEPSE Rallies Higher, Gains 15.54 Points
NEPSE NEWS & Articles

NEPSE Rallies Higher, Gains 15.54 Points

The Nepal Stock Exchange (NEPSE) continued its upward trajectory on Wednesday, the fourth trading day of the week, as the benchmark index rose by a substantial 15.54 points. This bullish performance saw the Nepali stock market recording a steady increase of 0.73 percent, propelling the index to close at 2131.49 points amid robust trading activity. […]

Read More