NEPSE index sees marginal gain on final trading day of the week
Kathmandu. The Nepal Stock Exchange (NEPSE) index saw a marginal improvement on the final trading day of the week. On Friday, the NEPSE index closed at 2788.70 points, up by 1.54 points.
Despite the slight increase in the index, the trading volume remained encouraging today. A total of 12.1 million shares of 351 companies were traded throughout the day, resulting in a turnover of 5.27 billion rupees.
Among the companies traded today, the share prices of 87 companies increased, while the prices of 168 companies declined. The share prices of the remaining 14 companies remained stable.
Three companies hit a positive circuit today. The share prices of Palpa Cement, Shikhar Power, and Maikhola Hydropower each rose by 15 percent. Similarly, the price of Corporate Development Bank increased by 12.62 percent.
In terms of turnover, Ridi Power led the market today. The company recorded a share turnover of over 273.8 million rupees. Likewise, Reliance Spinning Mills recorded 249.2 million, National Hydropower 244.4 million, and Solu Hydropower 237.8 million rupees in turnover.
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