NEPSE falls 79 points on Tuesday
Published: 03:53 pm Nov 09, 2021
KATHMANDU, NOVEMBER 9
The Nepal Stock Exchange (NEPSE), the sole secondary market of the country fell 79.79 points on Tuesday -- the second trading day of the week.
The benchmark index that opened at 2829 points plunged 2.82 per cent to reach 2749.85 points at the end of the day.
The market dived on the second consecutive day after the stock market opened after the Tihar festival. The index had fallen 19.20 points on Monday.
Similarly, both sensitive and float indexes saw red in the market today with the sensitive index dropping to 512.82 points, denoting 16.02 points or a 3.03 per cent fall. The float index fell to 191.42 points at the end of the day with a 5.53 point or 2.81 per cent drop.
All the sub-indices were in the red today with the non-life insurance index leading the pack of losers with 4.64 points change followed by the life insurance index with 379.83 points change.
However, the daily turnover increased on the second trading day as a total of 11,917,077 units of shares of altogether 225 companies were traded at Rs 6.527 billion.
The daily turnover on Monday was only Rs 4.420 billion.
After the share transaction, market capitalisation stood at Rs 3.866 trillion.