KATHMANDU, Nov 16: Nepal Stock Exchange (NEPSE) escalated 73.27 points after investors opted to inject their money in the secondary market following the end of the festive season.
The market opened at 2,675.51 points on Sunday and closed at 2,748.78 points on Thursday. During the review period, the market rose as high as 2,788.35 points while it fell to as low as 2,680.70 points, posting a volatility of 107.65 points. The secondary market, by adding 62.54 points in its index, opened at a positive note on Sunday. On Monday too, the index soared 22.14 points, which was followed by a correction of 11.24 points and 14.12 points on the next two consecutive trading days. The market closed for the week on Thursday by gaining 13.95 points.
Nepse bounced back with double digit gains of 27.51 points; sha...
As the trading index declined by 0.02 percent, the finance index jumped 7.56 percent (264.33 points) of its market value to register as the largest gainer. Hydropower and development banks followed by adding 5.86 percent and 5.0 percent, respectively.
Among individual companies, Samriddhi Finance Company had the biggest turnover of its shares worth Rs 1.20 billion during the review period. Gurans Laghubitta Bittiya Sanstha Limited, by adding 60.95 percent in its market price, was recorded as the topmost gainer. On the other hand, NLG Insurance Company lost the highest of 30.82 percent.
The total turnover amount was recorded at Rs 47.17 billion in the five-day trading last week. The average daily turnover jumped to Rs 9.43 billion from Rs 4.71 billion in the previous week.
The market capitalization increased to Rs 4.376 trillion from Rs 4.259 trillion, giving the investors a gain of Rs 117 billion in their investment portfolios during the review period. In the previous week, the investors lost Rs 1 billion from share trading.
