NEPSE index drops by 1.06% after previous day’s gain
KATHMANDU: NEPSE Index closed today's trading at 2,536.11 points, down 27.32 points or 1.06 percent from the previous day. This drop comes after a significant rise of 75.33 points yesterday. The index opened at 2,573.23 points and varied between a low of 2,513.43 and a high of 2,600.41 before closing.
The market attempted to breach the resistance level of 2,600 points but fell short, settling below this threshold. Future trading sessions will indicate whether the index can overcome this resistance or if it will retreat from the zone.
Today's trading involved 311 scrips with 188,865 transactions, and the volume reached 40,747,226 shares. This resulted in a turnover of Rs. 16.20 billion. The market capitalization was Rs. 40.24 trillion, with a float market capitalization of Rs. 13.83 trillion.