0%

NEPSE drops 20.76 points to 2005.83 on weekly closing

Khabarhub

February 22, 2024

2 MIN READ

NEPSE drops 20.76 points to 2005.83 on weekly closing

Image for Representation

KATHMANDU: The Nepal Stock Exchange (NEPSE) experienced a decline of 20.76 points on the final trading day of the week, settling at 2005.83 points.

On this day, the share prices of 49 companies witnessed an increase, contrasting with losses incurred by investors in 197 other companies, while the values of shares in two remained unchanged.

Market activity was robust, with transactions amounting to NPR 3.02 billion. This substantial sum was generated from the sale of 95 lakh shares.

Investors remained a significant driving force in the market, with a predominant share of earnings.

Notably, investors gained Rs 197.80 per share, reflecting a 10 percent increase in the company’s shares.

The second-highest earner was an investor in Joshi Hydro, with the company’s shares experiencing a commendable surge of 9.87 percent.

However, some investors faced losses of up to 7.60 percent on this trading day.

Himalayan Ri claimed the spotlight for the highest turnover, with a staggering 148.7 million shares of the company changing hands.

Market dynamics were vibrant, marked by an impressive 77,833 instances of buying and selling throughout the day.

The fluctuations and activities within the NEPSE continue to shape the financial landscape, influencing investors and stakeholders alike.

0