Economy and Business

NEPSE index declines by 0.27% to close at 2,923.46 points


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KATHMANDU: Today's closing value of the Nepal Stock Exchange (NEPSE) Index was 2,923.46, showing a decrease of 8.18 points or 0.27% from the previous day. This decrease shows erratic market momentum as it comes after a notable rise of 70.81 points in the previous session.


Prior to stabilizing at the closing value, the index ranged from a low of 2,891.43 points to a high of 2,971.69 points at the beginning of the day. With 332 equities involved in 241,665 transactions, trading was busy. 52,764,832 shares were exchanged, with a turnover of Rs. 21.15 billion.


The market capitalization for the day stood at Rs. 4.64 trillion, with the float market capitalization at Rs. 1.62 trillion, reflecting a stable overall market valuation despite the day's minor drop.