KATHMANDU: The Nepal Stock Exchange (NEPSE) Index concluded today’s (Wednesday) trading at 2,536.11 points, marking a decline of 27.32 points or 1.06% compared to the previous day’s close.
This comes after a substantial gain of 75.33 points yesterday.
Today’s trading day started with the index opening at 2,573.23 points.
Throughout the day, it fluctuated between an intraday low of 2,513.43 points and a high of 2,600.41 points, yet ultimately settled at its closing figure.
The market’s movement reflects a notable attempt to surpass the resistance level at 2,600, albeit it fell short of closing above this threshold.
The upcoming trading sessions will reveal whether the index can break through or retreat from this crucial resistance zone.
Trading activities saw a total of 311 scrips exchanged in 188,865 transactions.
The trading volume reached 40,747,226 shares, resulting in a significant turnover of Rs. 16.20 billion.
The market capitalization stood at Rs. 40.24 trillion, with a float market capitalization of Rs. 13.83 trillion.
Comment