KATHMANDU, July 1: Nepal Stock Exchange (Nepse) gained 95.46 points last week amid increased liquidity with banks.
In four-day trading, as the government declared a public holiday on Thursday to mark Eid-al-Adha, the market opened at Rs 2,055.53 points on Sunday and it closed at Rs 2,150.99 points on Wednesday. During this period, the market rose to as high as 2,204.93 points and as low as 2,057.37 points, resulting in a fluctuation of 147.56 points in the share market.
The secondary market started the week with a notable gain of 62.21 points and a daily turnover of Rs 6.5 billion on Sunday. However, the market index declined 11.69 points on Monday. On Tuesday, the index again rose 56.94 points, which was followed by a drop of 35.37 points on Wednesday.
NRB to mop Rs 40 billion from banking system for liquidity mana...
All 13 trading groups had their market indices inclined. With an additional 1,281.43 points, life insurance topped the list of gainers. Five other trading groups got three-digit points in their indices.
The total turnover amount increased to Rs 23.251 billion from Rs 20.662 billion in the previous week. During the review period, the daily turnover amount also increased to Rs 5.812 billion from Rs 4.132 billion.
Among the individual companies, Shivam Cements with a turnover of its shares worth Rs 1.428 billion topped the transaction volume. Himalayan Life Insurance Limited achieved the highest value of 46.39 percent of its index, while Super Madi Hydropower Limited lost the highest of 7.61 percent of its index.
The market capitalization inclined to Rs 3.150 trillion from Rs 3.010 trillion. As a result, the investors gained Rs 140 billion from their investment portfolio in the share market in the review period.