Kathmandu, November 3
The stock market, which fell 32.65 points the previous day, gained 6.62 points on Tuesday. The market spent most of the session in the red but finally closed in the green.
After today’s trading, the benchmark index NEPSE settled at 2,664 points. Turnover declined. It stood at Rs 5.65 billion today, compared with Rs 7.18 billion the previous day.
Share prices rose for 143 companies and fell for 122. The prices of 14 companies remained unchanged.
The hotel and tourism group gained the most today, rising 1.07 percent. The sector was boosted by the increase in tourist arrivals in Nepal in October.
The banking group rose 0.52 percent, development banks 0.06 percent, hydropower 0.31 percent, life insurance 0.09 percent, microfinance 0.13 percent, non-life insurance 0.10 percent and trading 0.15 percent.
Finance fell 0.01 percent, investment 0.04 percent, manufacturing and processing 0.06 percent, and others 0.02 percent.
Shikhar Power gained the most, rising 5.94 percent. River Falls Power rose 5.80 percent, Trishuli Jalavidhyut 3.77 percent, NIC Asia Bank 3.23 percent and Sanigad Hydro 3.07 percent.
Beni Hydro, a recently listed company whose price had been rising by 15 percent until the previous day, fell the most today, by 5.04 percent. Chirkhwa Hydropower fell 43.94 percent and Universal Power 2.33 percent.
The most traded companies today were Global IME Bank, Butwal Power, Kumari Bank, Solti Hotel, Sanima Middle Tamor, Laxmi Sunrise Bank and Ghalemdi Hydropower, in that order.
