NEPSE Index down by meager 3.44 points to close at 1,119.35; market in correction mode, Microfinance continue to dominate top gainer list

On the last trading day of the week, the benchmark index at Nepal Stock Exchange went down by 3.44 points or 0.31% to close at 1119.35. Opening at 1122.76 points this afternoon, the local brouse went down to 1115.34 points during second trading hour of the day and after that it was in upward trend. The market was in correction mode on the last trading day of the week after increasing by double digit yesterday. The microfinances have continued to dominate the top gainers list. The market gained total of 46.41 points this week mainly due to the announcements from SEBON regarding the modernization of secondary market. On the day announcement was made the market gained almost 30 points. The total turnover of the day stood above Rs 38.54 crore where more than 6lakhs unit shares were traded through 2,702 transactions. Sensitive index went down by 1.04 points and the float index went up 0.19 points. Except Banking, Hydropower andOthers all the sectors at NEPSE landed in green.