NEPSE Index Inches Up by 5.17 Points to Close at 2,978.88

default-dp
By
NEPSE Trading
NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on...
597 Views
2 Min Read

The NEPSE Index edged up slightly on July 23, closing at 2,978.88 points, a modest gain of 5.17 points or 0.17%. This upward movement comes despite fluctuations throughout the day, where the market hit a high of 2,992.26 and a low of 2,947.86.

The total market turnover stood at a significant Rs 19.57 billion, even though it saw a dip of Rs 510 million (about -2.54%) compared to the previous session. A total of 44.86 million shares were traded across 1.70 lakh transactions.

In today’s session, 98 stocks advanced, while 152 declined, and none remained unchanged. This indicates a largely mixed market sentiment.

The Sensitive Index, which reflects performance of large-cap companies, closed at 516.82, slightly down by 0.15 points (-0.03%). Similarly, the Sensitive Float Index dropped by 0.22 points to 176.51, showing a -0.12% loss.

On the other hand, the Float Index, which represents shares available for public trading, managed a minor gain of 0.06 points to end at 205.10, showing a 0.03% increase.

The day’s trading showed some weakness in transaction volume and frequency, though NEPSE Index still held positive ground, giving a hopeful sign to investors ahead of the next trading day.

The NEPSE Index has now become a crucial focus point for investors, as its performance continues to reflect the market’s mood amidst economic shifts and investor sentiment.

Share This Article
NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on the market.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *