NEPSE Records Loss of 7.31 Points, Closing at 1998.96

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NEPSE Records Loss of 7.31 Points, Closing at 1998.96

May 2: The Nepal Stock Exchange(NEPSE) Index saw a loss of 7.31 points or 0.36%, closing at 1998.96 on the last trading day of the week on Thursday.

During today’s trading session, 308 scrips were traded on the NEPSE through 64,181 transactions. A total of 9,498,298 shares changed their hands, resulting in a total turnover of Rs 4.13 biilliion.

IME Life Insurance Company Limited(ILI) led the turnover amount with the total transaction of Rs 28 crores. Samata Gharelu Laghubitta Bittiya Sanstha Limited(SMATA), Infinity Laghubitta Bittiya Sanstha(ILBS) and Sadhana Laghubitta Bittiya Sanstha(SDLBSL) each recorded the notable gain of 10%.

On the contrary, People’s Power Limited(PPL) incurred the maximum loss of 8.21%, closing at a market price of Rs 615 per share.

In terms of sector indices, all sectors except Microfinance Index and Trading Index closed in the negative territory. Microfinance Index experienced highest gain of 3.45%, while Development Bank Index incurred the highest loss at 2.03%.

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