NEPSE sheds 2.47 point: Passiveness prevails in the market

ShareSansar, Dec 08,

NEPSE dropped by meager 2.47 points or 0.29 percent on second trading day of this week, to land at 848.41 level, compared to yesterday’s 850.88 mark index.

The benchmark index ranged within 847 to 850 level for the whole trading day, touching the intraday low of 847.59 mark.

As the political parties are approaching towards the deadline of January 22, investors in the country are tending towards the inactiveness situation, with the state of confusion and dilemma among them.

The total turnover has dropped meager Rs 1.46 million, compared to yesterday’s total of Rs 159.7 million. Altogether 503,962 unit shares of 127 scrips were traded via 1,421 transactions worth Rs 158.3 million.

Among the sub-indices, Banking declined by minimal 0.21 points, where as Development dropped 4.14 points. Insurance and HydroPower faced double digit fall of 48.4 points and 20.71 points respectively.
On the contrary, Manufacturing, Hotels and Finance surged by 4.19 points, 2.23 points and 2.19 points respectively.
Whereas Others remained at no-gain-no-loss position.


Narayani National Finance, Seti Finance, Manjushree Financial, Vivor Bikas Bank and Himalayan Distillery had maximum surge of the day in their respective share price.
Whereas Union Finance, Sahara Bikas Bank, Mount Makalu Development, Country Development Bank and Butwal Power Company were the top losers of the day.