KATHMANDU, July 13: Nepal Stock Exchange (NEPSE) gained 29 points to close at 2,760.80 points on Sunday, due to a notable rise in the share prices of the banks and financial institutions (BFIs).
The secondary market gained 47 points in the pre-opening session as an impact of the monetary policy that was announced on Friday. On the main trading hours, the market soared to the day’s high at 2,797.74 points in the first one minute, followed by a steep decline of 30 points in the next seven minutes. For the following one and a half hours, the market witnessed minor fluctuations. The index, however, went to a gradual fall in the remaining trading period before the market closed for the day.
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Eight out of the 13 groups were the gainers, while microfinance index jumped by the highest of 173.22 points. Of the five losers, hydropower lost the largest of 29.62 percent.
The sensitive index, which measures the performance of ‘A’ class companies, increased a notable 9.16 points. The daily turnover amount escalated to Rs 11.41 billion from Rs 9.68 billion on Thursday, the last trading day of the last week.
Among the individual companies, 158 were gainers while 90 were recorded as the losers. NIC Asia Bank had the largest turnover of its shares worth Rs 371.49 million, while it was recorded as the highest gainer by adding 9.99 percent in its market value. Himalayan Hydropower Limited lost the highest of 9.93 percent.
