NEPSE: Turnover up but index down 10.50 points

1 week ago 21
NEPSE

Kathmandu, February 11

On the first day of the trading week, Sunday, the stock market index experienced a decline, while the turnover saw a significant increase. The NEPSE index dropped by 10.5 points compared to the previous trading day, resulting in the NEPSE ending at 2085.82 points.

Despite the index falling, turnover surged to over Rs 4.8 billion, a notable increase from Thursday’s Rs 3.021 billion.

Among the listed companies, prices of 91 witnessed an increase, while 148 observed a decrease, with 8 remaining stable.

Notably, only Development Bank and Hydropower Group stocks saw an increase, with the former climbing by 3.77 points and the latter by 6 points.

Contrarily, Manufacturing witnessed the most significant decrease, dropping by 2.88 per cent. The Banking and Finance sectors fell by 9 points each, followed by Hotel and Tourism (88 points), Life Insurance (30 points), Manufacturing (168 points), Microfinance (16 points), Non-life insurance (42 points), Trading (44 points), and Other sectors (0.41 points).

Samaj Microfinance and Kutheli Bukhari Small Hydropower saw an increase of 10 per cent, while Trishuli Hydropower surged by 6.7 per cent, Dordi Hydropower by 5 per cent, and Mayakhola Hydropower by 4.9 per cent.

On the flip side, Unilever witnessed the most significant decline, falling by 7.14 per cent. Gurans Microfinance and Kisan Microfinance decreased by 7.13 per cent and 4.4 per cent, respectively, while NIC Asia Bank saw a decline of 4.1 per cent.

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