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Share investors gain Rs 24 billion as NEPSE gains 14.42 points in a week

Nepal Stock Exchange (NEPSE) last week added 14.42 points after investors were attracted to inject their money in hydropower companies in particular. 
By REPUBLICA

KATHMANDU, June 14: Nepal Stock Exchange (NEPSE) last week added 14.42 points after investors were attracted to inject their money in hydropower companies in particular. 


The secondary market opened at 2,640.96 points and closed at 2,655.38 points on Thursday. During the period, the market went as high as 2,686.45 points and plunged as low as 2,626.39 points, while the market fluctuated by 60.06 points.


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With a decline by 11.06 points on Sunday, the market opened for the weekday trading at a negative. The market moved into a positive line for consecutive two days with gains of 23.19 points and 25.07 points, respectively. The market, however, went down again with a decline of 13.69 points on Wednesday and 9.08 points on Thursday.  


Only six groups stood as gainers, with hydropower adding the highest of 5.51 percent of its market value. Of the seven losers, trading index plunged 1.63 percent, the largest of all.


Among individual companies, Pure Energy Limited added 60.98 percent in its market value and was recorded as the topmost gainer. Om Megashree Pharmaceuticals Limited lost the highest of 17.23 percent. Radhi Bidyut Company had the highest turnover of its share worth over Rs 2.97 billion.


The total turnover amount jumped 73.59 percent to Rs 50.41 billion. The average daily turnover also inclined Rs 10.08 billion from Rs 7.26 billion.


Along with the NEPSE index, the market capitalization also increased to Rs 4.423 trillion from Rs 4.399 trillion, which ensured the investors with capital gains of Rs 24 billion in their investment portfolio in the review period. The share investors posted loss of Rs 84 billion in the previous week.

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