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NEPSE’s consecutive rise, daily turnover soars to Rs 5.22 billion

Nepal Stock Exchange (NEPSE) on Thursday gained 41.43 points to close at 2,663.30 points.
By REPUBLICA

KATHMANDU, March 27: Nepal Stock Exchange (NEPSE) on Thursday gained 41.43 points to close at 2,663.30 points.


After suffering a bearish trend for a number of days, it was the second day in the row that the country’s secondary market inclined by notable points. On Wednesday too, the NEPSE had risen by 39 points.


On Thursday, the secondary market that opened at 2,621.86 points, initially plunged to the day’s low at 2,623.52 points in the first 21 minutes. The index then inclined up successively, making the share market surge up by an overall 1.58 percent in the intraday trading.


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All the 13 trading groups were registered as gainers. Trading index escalated by 247.16 by points, followed by life insurance, microfinance and non-life insurance which all enjoyed a notable rise in their indices. 


The sensitive index, which measures the performance of ‘A’ class companies, also gained 5.60 points. Daily turnover amount increased to Rs 5.22 billion today from Rs 4.20 billion on Wednesday.  


Among the individual companies, 227 were gainers while 16 were registered as losers. Himalayan Reinsurance Limited had the biggest turnover of Rs 511.81 million.


Gurans Laghubitta Bittiya Sanstha Limited was recorded as the largest gainer. Kumari Sabal Yojana lost 1.82 percent in its market value, the largest of all. 


 

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