June 14: Nepal Stock Exchange(NEPSE) witnessed a turnover amount of more than Rs 5 billion on Wednesday-the fourth trading day.
According to the Nepal Stock Exchange, today's trading amount is the highest in the past five months. Previously, on the 28th of the Poush, 2079, NEPSE had registered total turnover amount of Rs 5.47 billion.
Looking into the today’s market rise, some booked the profit. However, buyers dominated the sellers at the end. Seasoned investors and experts say that lately liquidity is easing and investors are expecting the interest rates to drop, resulting in the increase of share market.
The NEPSE index closed at 2,037.06 today after gaining 16.42 points from the last trading day's closing. This marks a gain of 0.81%.
As many as 275 scrips traded hands via 79,461 transactions. A total of 12,561,440 shares exchanged hands amounting to Rs. 5.01 billion in turnover amount. This is the highest turnover in 5 the past months.
SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 28.17 crores closing at a market price of Rs. 525 per share.
Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) and City Hotel Limited (CITY) have gained the highest and technically hit the positive circuit for today.
However, Rastriya Beema Company Limited (RBCL) lost the highest 5.62% today.
Six sector indices closed in the red zone. "Others" gained the highest 2.35% while "Development Bank" lost the highest 0.96% today.