Nepse posts marginal rise despite drop in turnover
Summary
Nepse index closed slightly higher at 2,585.87 despite a drop in turnover to Rs3.22 billion on Wednesday, with broader market sentiment remaining subdued ahead of a public holiday.
Key Points
- Nepse index rose by 1.37 points, ending at 2,585.87, a 0.05 percent gain.
- Market turnover decreased to Rs3.22 billion from Tuesday's Rs3.42 billion.
- Out of traded companies, 111 advanced, 142 declined, and 7 remained unchanged, indicating negative market breadth.
- Banking, hotels and tourism, manufacturing and processing, mutual funds, non-life insurance, and trading sectors posted gains.
