NEPSE index crawling towards stabilization; closes in green climbing 1.64 points

The market today went up by 1.64 points or 0.12%. However, the turnover was not that attractive amounting to only 28.5 crore, which still is a little higher than yesterday’s 22 crore. A total of 5.79 lakh unit shares were traded through 3,668 transactions throughout the day.

The market today had opened at 1,338.02 points today and started crawling upwards till 1,347 points. Then again after that the index sloped downward for the rest of the day.

Womi Microfinance Bittiya Sanstha (WOMI) stood ahead in terms of turnover as more than 2.1 crore worth shares were traded. Similarly, Nepal Bank Limited (NBL) stood at top in case of number of shares traded as 27,724 unit shares were exchanged.

Likewise, Kankai Bikas Bank (KKBL) was the top gainer of the day as it gained 5.97% on its price and closed at Rs. 142. Similarly, Mission Development Bank (MIDBL) was the top loser of the day losing 4.76% on its price closing at Rs. 200.

The sub-indices for Banking, Hotels, Development Bank, Hydropower and Insurance inclined and landed in green zone. Insurance sector gained the most, climbing by 28.72 points. Similarly, Trading, Finance, Manufacturing & processing, others and Microfinance declined and landed in the red zone. The manufacturing and processing sector lost the most today tumbling by 15.96 points.