Index down by meager 1.36 points to close at 1723.23 points; Turnover of Rs 1.75 arba

- ShareSansar, June 30, 2016  on Featured , Latest , Stock Market

The benchmark index at Nepal Stock Exchange went down by 1.36 points or 0.08% to close at 1,723.23 points.

NEPSE index opened at 1725.05 points and went up 1732.56 points and went down to 1707.75 points during the second trading hour of the day.

Amid the turbulence today, the market has recovered most of its losses in totality. The significant turnover in the market is noteworthy again. Looking at the past period there has been a consistent rise in turnover altogether, thus increasing the flow of funds for the investment activities. Altogether there are several factors that make us more confident about the performance of market for days to come. Though there is a mixed sentiment among investors when it comes to sectoral performance, a minor correction sums up the process. The week has been fairly good for the investors. The market has sustained the early rise in the prices. There might be more cautious gains in days to come.

The total turnover of the day stood above Rs 1.75  arba, where more than 23 lakhs unit shares were traded through 6,515 transactions.

Sensitive index and float index went down by 0.34 and 0.2 points respectively.

Banking, Hotels, Hydropower and manufacturing & Production landed on red.