KATHMANDU: Nepal’s stock market (NEPSE) edged up on Tuesday, snapping a six-day losing streak.
The NEPSE index gained 7.39 points by market close, ending the day at 2,614,07 points. Prices of 148 listed companies increased, 101 fell and 9 remained unchanged.
Turnover, however, declined sharply. Total trading amounted to Rs 3.75 billion, down from Rs 4.66 billion the previous day.
Sectoral movement was mixed. Banking slipped 0.12 percent, microfinance fell 0.06 percent, non-life insurance declined 0.17 percent, and the trading group eased 0.01 percent. In contrast, development banks rose 0.31 percent, finance gained 0.40 percent, hotels and tourism advanced 0.88 percent, hydropower climbed 0.84 percent, investment added 0.16 percent, life insurance increased 0.82 percent, and the manufacturing and processing group was up 0.53 percent.
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