Daily turnover escalates to Rs 8.09 billion while NEPSE dips 38.10 points

Summary

Nepal Stock Exchange closed down 38.10 points at 2,781.10 with a daily turnover rising to Rs 8.09 billion. Life insurance stocks fell sharply while non-life insurance and mutual funds showed minor gains.

Key Points
  • NEPSE index dropped 38.10 points to close at 2,781.10 points on Thursday.
  • The daily turnover increased to Rs 8.09 billion from Rs 7.68 billion the previous day.
  • Life insurance sector declined significantly by 219.96 points, while non-life insurance and mutual funds saw slight increases.
  • Among companies, Oriental Hotels Limited was the highest loser with a 4.71% decline, and Bikash Hydropower Company was the biggest gainer.
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