15 points correction Nepal Stock Exchange on Thursday, Rs 8 billion more turnover

Dec Thu 2020 05:03:24

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15 points correction Nepal Stock Exchange on Thursday, Rs 8 billion more turnover

Kathmandu. The stock market closed at 15.57 points on Thursday, the last day of the week. The market, which had been fluctuating since the start of trading, has stopped at 2055 points, down 15.57 points. The market, which had a turnover of over Rs 1 billion, witnessed a turnover of over Rs 8.26 billion on Thursday.

A total of 1,58,89,560 shares of 200 companies have been bought and sold. Nepal Reinsurance Company Limited has bought and sold the highest priced shares in the declining market. Investors seem to be moving towards securing profits after various rumors circulated in the market saying that the company's share price has gone up. Shares of the company worth more than Rs 1.11 billion have been bought and sold. The last share price of this company has stood at Rs 1,735 today.

The biggest gainers were Upper Tamakoshi Hydropower Limited and Nepal Seva Microfinance Financial Institution Limited. The company's share price has risen more than 9 percent. The share price of Upper Tamakoshi stood at Rs 431 while the share price of Nepal Seva stood at Rs 855.

Of the 12 groups, the index of hydropower group and microfinance group has increased while the index of the remaining groups has decreased. The index of hydropower group increased by 0.6 percent and that of microfinance group increased by 0.95 points. The industry group has the highest decline in the index. The index of this group has decreased by 6.94 points.