NEPSE faces meager plunge of 2.36 points; closes at 917.41 level
ShareSansar, January 6:
NEPSE slips meager 2.36 points to close at 917.41 level compared to yesterday’s closing of 919.77 mark index.
Opening at 919.17 level this afternoon, the benchmark index remained within the corridor of 4 points throughout the day, where the intraday high and low was of 920.50 and 916.21 level respectively.
The probability of political parties to come on the common ground to resolve the disputed issues including number of Pradesh in the country has attributed the market index to sustain above 900 level.
The total turnover has however plunged by Rs 87 million compared to yesterday’s total of Rs 342.15 million. Altogether 861,540 unit shares of 140 companies were traded today through 2,256 transactions worth Rs 255.16 million which includes manual turnover of Rs 2.99 million.
Among the sub-groups, Banking has plunged by 5.6 points or 0.69 percent to stand at 810.97 level, mainly due to drop in share price of Standard Chartered Bank by Rs 46 and Everest Bank by Rs 10. Whereas share price of Prabhu Bank surged by 9.64 percent or Rs 24 to close at 273.
Hotels, Development Banks and Others gained 2.5 points, 2.3 points and 1.17 points respectively.
Manufacturing and Insurance went up by 9.31 points and 16.89 points respectively.
HydroPower and Finance dropped by 8.35 points and 0.07 points respectively.
Share price of Naya Nepal Laghubitta, Himalayan Distillery, Prudential Insurance, Prabhu Bank and Kagbeli Bikash Bank surged above 9.5 percent today.
Whereas Companies like Mount Makalu Development, Nepal Insurance, Sahara Bikash Bank, Western Development and Himalayan General Insurance were among the top losers of the day.
