KATHMANDU, March 8: Nepal Stock Exchange (NEPSE) last week increased marginally by 3.39 points amid the investors’ mixed reactions in connection to the outgoing Nepal Rastra Bank Governor Maha Prasad Adhikari.
The secondary market opened at 2,815.04 points on Sunday and closed at 2,818.43 points on Thursday. During the period, the market went as high as 2,929.21 points and fell as low as 2,808.75 points, resulting in the fluctuations of 120.46 points.
By adding a whopping 75.24 points in its index, the market opened for trading at a positive note on Sunday. However, the NEPSE index went down on the rest of the trading days. On Monday, the index declined 13.62 points, followed by a fall of 30.36 points on Tuesday. On Wednesday and Thursday, the market index declined 25.16 points and 2.70 points, respectively.
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Only five out of the 13 groups were the gainers. The development bank index surged the largest of 3.15 percent. Microfinance index went down by the largest of 1.34 percent.
Among individual companies, Guardian Micro Life Insurance, by adding 61.04 percent to its market value, was recorded as the topmost gainer, while Samaj Laghubitta Bittiya Sanstha Limited lost the largest of 16.19 percent of its market value. Himalayan Reinsurance Limited had the highest turnover of its shares worth Rs 5.43 billion.
The total turnover amount increased by 42.38 percent as compared to the previous week, to reach Rs 62.55 billion. The average daily turnover also inclined to Rs 12.51 billion from Rs 10.98 billion in the preceding week.
The market capitalization increased slightly to Rs 4.679 trillion from Rs 4.674 trillion, which helped the investors pocket capital gains of Rs 5 billion in their investment portfolio in the review period. In the previous week, the investors secured capital gains of Rs 120 billion from shares trading.
