0%

NEPSE records further decline on Monday

Khabarhub

December 4, 2023

< 1 MIN READ

NEPSE records further decline on Monday

KATHMANDU: The Nepal Stock Exchange (NEPSE) continued its decline on Monday, marking the second trading day of the week.

NEPSE witnessed a further drop of 3.42 points, reaching 1847.81 points today, following a 7-point decrease on Sunday.

In today’s trading, stocks across most sectors experienced a downturn, barring those in development banks, finance, insurance, and mutual funds. Sectors like production, processing, trade, and others witnessed notable declines, with NRN Infrastructure and Development, alongside Mountain Energy Nepal, plummeting by nearly 10 percent. However, amid the overall market dip, Samaj Lagufitta’s shares surged, increasing by over 8 percent.

The day saw a trading volume of 3,896,000 shares amounting to 1.19 billion rupees. Notably, Sonapur Minerals and Oil Company had the highest trading value, with shares worth 74,600,000 rupees being exchanged.

0