KATHMANDU, JANUARY 23
The Nepal Stock Exchange (NEPSE) on Tuesday witnessed investor enthusiasm in the Hotel and Tourism sector, even as the NEPSE index dipped by 0.01%, settling at 2,098.29 by the end of the third trading day.
This enthusiasm for the Hotels and Tourism sector was evident with a notable 4.74% gain, and Chandragiri Hills Limited (CHL) emerged as the sole company in the market to experience a positive circuit break, boasting a 10% increase in its share values, concluding at Rs 949.30 per share.
Despite this positive momentum, the hydropower sector faced continued disinterest, sustaining a 0.58% drop in today's market.
Alongside the decline in the benchmark index, both the sensitive index, assessing the performance of class 'A' stocks, and the float index, gauging actively traded shares, also experienced declines of 0.05% and 0.08%, respectively.
The market recorded a sharp decline in total intraday turnover, registering only Rs 4.294 billion turnover from 11,801,360 units of shares across 310 companies in a total of 117,566 transactions. This marked a significant decrease from Monday's total daily turnover of Rs 6.366 billion.
Himalayan Reinsurance Limited (HRL) maintained its position as the top company in terms of turnover, volume, and transactions, with a total of 841,022 units of HRL shares traded for Rs 550,980,785.50 in 32,011 transactions.
The total market capitalization stood at Rs 3.295 trillion at the end of the trading day.
