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KATHMANDU, June 28: Nepal Stock Exchange (NEPSE) last week declined 33.17 points as investors turned reluctant to buy shares with an arriving end of the current fiscal year.
The secondary market opened at 2,628.91 points on Sunday and closed at 2,595.74 points on Thursday. During the period, the market went as high as 2,631.55 points and plunged as low as 2,594.6 points, registering a market fluctuation of 36.95 points.
With a hefty fall of 32.93 points on Sunday, the market opened for the week-day trading at a negative note. It was followed by a nominal gain of 4.78 points on Monday. On the consecutive two days, the market remained almost stable with the index falling slightly by 0.22 points and 0.33 points, respectively. On Thursday, the market shed 4.45 points to close for the week.
Nepse index plunged 34.68 points and shares investors lost Rs 4...
Only trading group had its index increase by 0.08 percent. Out of the 12 losers, hotels and tourism index plunged 3.68 percent, the largest of all.
Among individual companies, Dordi Khola Jal Bidyut Co Ltd lost the highest of 15.51 percent of its market price. The share price of Panchakanya Mai Hydropower Limited surged the largest of 17.16 percent.
The total turnover amount declined significantly by 33.28 percent to Rs 35.09 billion. The average daily turnover also declined to Rs 7.02 billion from Rs 10.52 billion.
Along with the NEPSE index, the market capitalization also decreased to Rs 4.324 from Rs 4.379 trillion, which made the investors face a loss of Rs 54 billion in their investment portfolio in the review period. Share investors witnessed a loss of Rs 44 billion also in the previous week.
