KATHMANDU: A noticeable “correction” unfolded in the stock market on Thursday, marked by a dip of 32.77 points in the market index, which had been consistently in the green this week.
Despite the decrease, the Nepal Stock Exchange (NEPSE) held steady at 2109.10 points.
Remarkably, the transaction volume remained robust, exceeding 6 billion 27 million 43 million rupees.
The market witnessed the sale of 1 crore 71 lakh 72 thousand shares, according to the latest data from the Nepal Stock Exchange.
In the midst of this correction, the stock prices of 191 companies declined, while 50 companies experienced an increase.
Additionally, 3 companies traded at the same price, portraying a dynamic market landscape.
In today’s trading, several companies demonstrated a positive circuit in their share prices, including Bottlers Nepal, Asha Microfinance, Dhaulagiri Microfinance, and BPW Microfinance.
Conversely, shareholders of Surya Jyoti Life, Unanti Sahakarya Laguvitta, and others faced losses.
Shivam Cement took the lead in share turnover today, with a significant volume of 30 crores.
Throughout the day, a total of 111,980 shares were bought and sold, underscoring the resilience and activity within the stock market despite the correction.
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