Nepse Summary April 16 2024

Source:Sharesansar

The Nepal Stock Exchange (NEPSE) Index saw a loss of 0.98%, or 19.56 points, settling at 1,972.14 points at the close of trading today, following a loss of 14.81 points in the previous session.

At the opening level of 1,992.37, the trading day experienced fluctuations as the index initially peaked at an intraday high matching the opening figure before sliding down to an intraday low of 1,967.39.

With a bustling trading environment, 315 different stocks were exchanged in 40,912 transactions. The total volume of shares traded stood at 5,344,613, reflecting a total turnover of Rs. 2.09 Arba. The market capitalization closed at Rs. 31.27 Kharba, with a float market capitalization of Rs. 10.58 Kharba.

Gurkhas Finance Ltd. (GUFL) emerged as the highlight of the day with a turnover of Rs. 17.82 Crore, closing at a market price of Rs. 820.00.

Similarly, Khanikhola Hydropower Co. Ltd. (KKHC) showed the highest gain of 7.94%, followed by Pokhara Finance Ltd. (PFL) with a gain of 6.21%.

Conversely, Ru Ru Jalbidhyut Pariyojana Limited (RURU) faced a decline, losing 9.99% to close at Rs. 504.70.

In terms of sector indices, all the sectors closed in red today. The “Manufacturing And Processing Index” saw the highest loss of 1.54%, while the “Mutual Fund Index” saw the least loss of 0.22%.