NEPSE Records Decline of 15.40 to Close at 1948.57

  1 min 32 sec to read
NEPSE Records Decline of 15.40 to Close at 1948.57

December 11: The Nepal Stock Exchange (NEPSE) witnessed a volatile trading day marked by fluctuations, ultimately recording a decline of 15.40 points or 0.78%, closing at 1948.57 on Monday, the second trading day of the week.

Financial experts and stock analysts attribute today's correction to the natural course of market dynamics following yesterday's remarkable surge of over 100 points. The day's turnover reached Rs 4.84 billion, indicating increased investor activity and a prevailing positive sentiment among them.

A total of 303 scrips were traded in 109,918 transactions, involving 14,698,517 shares, amounting to Rs 4.84 billion turnover.  Sonapur Minerals and Oil Limited (SONAPUR) took the lead in turnover with Rs 25 crores.

Bottler Nepal Limited (BNL), Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL), and Dolti Power Company Limited (DOLTI), each saw a significant gain of 10%, triggering a positive circuit for the day.

On the downside, Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) incurred the highest loss at 7.15%, closing at a market price of Rs 610 per share.

In terms of sector indices, all sectors closed in the red zone, with the exception of Mutual Fund, Non-Life Insurance, and Microfinance Index.

The Development Index suffered the most significant loss at 2.09%, while the Mutual Fund Index saw the highest gain at 2.16%.


No comments yet. Be the first one to comment.