NEPSE sheds 5.45 points to close at 851.43 level

ShareSansar, Dec 1:

NEPSE continued its fall on second trading day of this week, as it dropped by 5.45 points or 0.64 percent to settle at 851.43 level, compared to yesterday’s 856.88 mark index.

Meager highs and lows were noticed in the benchmark index today, as it touched the intraday high of 857.74 mark, whereas intraday low was recorded at 850.50 level.

The speculation of possibly delay in making constitution by the major political parties has created the passiveness, followed by the wait and watch situation among the investors in the country.

However, the total turnover has increased by Rs 24 million, compared to yesterday’s Rs 115.6 million.
Altogether 387,152 units share were traded through 1,935 transactions worth Rs 139.6 million.

Among the sub-indices, Banking shed 4.56 points or 0.62 percent whereas Development and Finance plunged by 2.39 and 6.86 points or 0.36 and 1.46 percent respectively.
HydroPower and Insurance had double digit decline of 22.25 and 53.85 points respectively. Hotels dropped by 4.44 point.
Manufacturing and Others were the sectors to land on green, which surged 1.17 and 3.53 points respectively.


Few development banks like Nilgiri Bikas, Mount Makalu Development, Nirdhan Utthan and Cosmos Development Banks were on the top of the gainers side of the day.
Whereas Kalinchowk Development, Vibor Bikas, Nepal Bangladesh Bank, Laxmi Laghubitta and Reliable Development Bank were the top losers of the day.