KATHMANDU, JUNE 03
The NEPSE index saw a decline, concluding at 2,075.97 points, indicating a loss of 21.32 points compared to the previous trading day. This decrease translates to a 1.02% loss following a substantial drop of 53.70 points in the previous session.
Despite starting on a positive note with an initial value of 2,096.72 points, the index experienced fluctuations throughout the day. It reached a peak of 2,113.74 points but also dipped as low as 2,069.60 points before settling at the closing figure.
Trading remained active, with 276 stocks being traded through 64,868 transactions. A total of 9,418,952 shares were exchanged, resulting in a turnover of Rs. 4.05 Arba. Although the turnover was lower than the previous trading day's figure of Rs. 5.08 Arba, the market maintained a reasonable level of liquidity.
Himalayan Life Insurance Limited (HLI) was the most actively traded stock, generating the highest turnover of Rs. 23.94 crores. HLI's shares closed at a market price of Rs. 532 per share.
On a positive note, three stocks reached the upper circuit during the day.
However, Laxmi Equity Fund (LEMF) experienced the most significant decline, losing 8.95% of its value.
Among the sector indices, only two sectors ended the day with gains. The "Hotel and Tourism" sector exhibited the highest growth, increasing by 2.07%, while the "Life Insurance" sector suffered the largest decline of 1.83%. This discrepancy indicates varying performance across sectors, with the Hotel and Tourism sector showing strength while the Life Insurance sector faced some setbacks.
