April 13: The NEPSE index lost 29.07 points or 1.48% and closed at 1934.47 on the last trading of 2079 BS.
Sensitive Index lost 5.72 points while the float index and sensitive float index lost 2.12 and 1.49 points respectively. The NEPSE saw correction after the traders booked their profit today.
The NEPSE had achieved gains of 4.93% on Wednesday. Given yesterday’s surge, today’s correction is normal, say experts.
Share investors are confident the NEPSE index will be positive in 2080 as banks have slashed their interest rates on deposits and rates on credit will also drop accordingly. Similarly, the latest report released by Nepal Rastra Bank shows that economic indicators are improving in the country.
A total of 270 scrips traded hands via 44,708 transactions. A total of 4,913,702 shares exchanged hands amounting to Rs. 1.653 billion in turnover amount. This is lower than the last trading day's turnover of Rs. 1.976 billion.
Shivam Cements Limited(SHIVAM) shares traded the most and had the highest turnover of Rs. 8.42 crores closing at a market price of Rs. 405 per share. Three scrips gained the highest 10% each and hit the positive circuit for the day.
Conversely, Siddhartha Investment Growth Scheme - 2 (SIGS2) lost the highest 5.50% today.
All sector indices closed in the red zone. "Development Bank" lost the highest 2.48%, while "Hotel and Tourism" lost the least 0.09% today.