NEPSE absorbs today’s political scenario; drops meager 3.56 points
ShareSansar, January 22:
Despite of no constitution by the political parties on the deadline day, NEPSE has plunged meager 3.56 point or 0.37 percent closing at 959.24 level.
Opening at 962.79 level this afternoon, the benchmark went down to 949 level within the initial hour and then moved up thereafter to close at 959.24 level.
Market has made positive impact among the investors, as it has absorbed the effect of no constitution on time by political parties, where as investors in the country has become in the habit of this situation and has less responded towards today’s scenario.
Altogether 667,192 unit shares were traded of 127 scrips through 1,970 transaction worth Rs 238.67 million.
Among the sub-indices, Hotels and Insurance landed in green surging 5.27 points and 5.67 points respectively.
Banking and Development plunged 4.3 points and 1.17 points respectively. HydroPower and Manufacturing moved down by 31.13 points and 2.5 points respectively.
Finance and Others slipped 0.67 point and 1.17 point respectively.
Share Price of Himalayan Distillery and RMDC dropped by 9.9 percent and 5.4 percent respectively whereas share price of Bhargav Bikas and Mount Makalu moved up almost 10 percent.
