KATHMANDU, Jan 19: Nepal Stock Exchange (NEPSE) on Sunday increased by 12.58 points after it had plunged by over 46 points last week.
The secondary market opened at 2,588.62 points and slid to the day’s low at 2,580.21 points within the first one hour of trading. The index rose steadily and hit as high as 2,603.62 points in the next one hour. However, during the remaining trading hours the market shed around two points to close at 2,601.21 points. In any case, the market closed on a positive note as there was a surge of 12.58 points for NEPSE.
Nepse up for a fifth consecutive week
A total of 10 groups enjoyed gains in their market values during intraday trading. Also, the banks and financial institutions (BFIs) were able to perform better. The banking index gained 2.37 points, the finance index climbed by 61.38 points, microfinance added 13.78 points along with the development banks contributing 11.01 points. Trading group, however, lost 5.91 points, the largest of all.
The sensitive index which measures the performance of ‘A’ class companies also gained 2.41 points. Daily turnover increased to Rs 6.25 billion from Rs 5.93 billion from the closing of the last week.
Among the individual companies, 171 were gainers while 68 were registered as losers. NRN Infrastructure and Development Limited had the biggest turnover of its shares worth Rs 268.52 million.
Bottlers Nepal (Balaju) Limited was the topmost gainer. Super Madi Hydropower Limited, with a decline of 10 percent of its market price, was recorded as the highest loser.
