KATHMANDU, April 5: Nepal Stock Exchange (NEPSE) last week increased 40.09 points after investors rushed to purchase shares that have low market prices.
The secondary market opened at 2,663.30 points on Sunday and closed at 2,703.39 points on Thursday. During the review period, the market went as high as 2,732.85 points and fell as low as 2,654.57 points, while the market volatility stood at 78.28 points.
The market opened for the weekday trading at a positive note by adding 29.82 points on Sunday. The market remained closed on Monday due to the government announcing the public holiday on Eid Al-Fitr.
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On Tuesday, the market shed 16.95 points. In the next two days, the market added 23.86 points and 3.35 points, respectively.
Out of 13 groups, three lost their charm for the investors, with the manufacturing and processing group shedding the highest of 2.40 percent of its index. The trading index surged by the largest of 11.43 percent, followed by investment and ‘others.’
Among individual companies, Radhi Bidyut Company surged by 13.73 percent of its market price and recorded as the topmost gainer. Bottlers Nepal (Balaju) Limited lost the largest of 16.98 percent. Himalayan Reinsurance Limited had the highest turnover of its shares worth over Rs 2.40 billion.
The total turnover amount increased by 4.89 percent to Rs 26.65 billion. The average daily turnover also rose to Rs 6.66 billion from Rs 5.08 billion.
Along with the NEPSE index, the market capitalization also increased to Rs 4.489 trillion from Rs 4.422 trillion, which made the investors gain Rs 67 billion in their investment portfolio in the review period. In the previous week, the investors witnessed a loss of Rs 10 billion from shares trading.
