Money
Nepse inches up by 9 points after Sunday’s sharp fall
Turnover drops to Rs6.17 billion despite gains in 175 listed companies.
Post Report
The Nepal Stock Exchange (Nepse) closed higher on Monday, rising by 9.16 points to settle at 2,770.39. The benchmark index gained 0.33 percent after plunging 27 points the previous trading day.
According to the stock exchange, share prices of 175 companies advanced while 74 declined. Despite the uptick, overall turnover fell sharply. A total of 11.52 million shares changed hands through 67,959 transactions, amounting to Rs6.17 billion—down from Rs7.53 billion on Sunday.
Among sectoral indices, mutual funds and the “others” group ended lower, but gains across 11 sub-indices, including banking, hydropower and microfinance, helped lift the overall market.
Market analysts said the decline in turnover reflects cautious investor sentiment, even as the index showed signs of recovery from Sunday’s slump.