Profit booking pulls market down by meager 1.14 points; Turnover above Rs 1.18 arba

The benchmark index at Nepal Stock Exchange (NEPSE) has declined by 1.14 points today. The index has closed at 1637.27 points today after sliding by 0.07%. Nepse Index opened at 1638.37 points and the local bourse was seen in upward trend till the second trading hour of the day after that selling pressure was seen then the index was seen in downward trend. Over 16.92 lakh units shares were traded today from 9,975 different transactions. The total turnover of the day exceeds to Rs 1.18 crore. Nepal life Insurance Company Limited (NLIC) and NB Insurance Company Limited (NBIL) have the highest turnovers of Rs 7.24 crore and Rs 7.33 crore respectively. 97,440 units of NMB Sulav Investment Fund -1 (NMBSF1) was traded the most today. Api Power company Limited (API) gained the most today while Synergy Finance Limited (SYFL) was the top losers today. Sensitive index rises slightly by 0.02 points while float index dropped by 0.22 points respectively. Except Hotels and Insurance sub-indices, all sectors have ended in red. Insurance sector increased the most with 51.69 points.