KATHMANDU, July 12: Nepal Stock Exchange (NEPSE) last week rose 27.84 points amid mixed reactions from the investors towards Nepal Rastra Bank’s expected flexible monetary policy along with the approaching end of the current fiscal year 2024/25.
The secondary market opened at 2,703.96 points on Sunday and closed at 2,731.80 points on Thursday. During the period, the market peaked at 2,743.09 points and plunged as low as 2,662.59 points, registering a market fluctuation of 80.50 points.
The market opened for weekday trading on Sunday with a nominal gain of 2.40 points. On Monday, the market plunged 22.35 points, followed by a marginal decline of 0.14 points on Tuesday. On the following two days, the market surged 22.04 points and 25.89 points respectively, to close for the week.
Market ends week flat with Nepse yet to close above key 3,200 l...
Eight out of the 13 trading groups had their market indices inclined up. Banking index gained the largest of 3.67 percent of its market value. Of the five losers, the life insurance index declined by the highest of 1.80 percent.
Among individual companies, Bhagawati Hydropower Development Company gained the highest of 18.31 percent, whereas Goodwill Finance Limited Debenture 2083 lost the largest of 18.49 percent. Share transactions of Nepal Reinsurance Company Limited stood at Rs 2.24 billion, the largest of all.
The total turnover amount inclined by 4.14 percent to Rs 41.58 billion. The average daily turnover also inclined to Rs 8.31 billion from Rs 7.99 billion.
Along with the NEPSE index, the market capitalization also increased to Rs 4.551 trillion from Rs 4.505 trillion, which made the investors secured capital gains of Rs 46 billion in their investment portfolio in the review period. Share investors earned Rs 181 billion from the share market in the previous week.
