KATHMANDU, April 13: Nepal Stock Exchange (Nepse) that fell over 200 points in the past two weeks until Tuesday, gained 30.24 points on Wednesday.
The secondary market that opened at 2,385.01 points went through a series of fluctuations before closing finally at 2,415.24 points. In the intraday trading, the market fell as low as 2,367.02 points before escalating in the upward graph.
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As of Tuesday, the market had been reeling under the bearish trend due to the low confidence of the investors. Despite gaining additional points, the turnover amount on Wednesday, however, stood at Rs 1.47 billion, down from Rs 1.52 billion of the previous day's trading.
The sensitive index of ‘A’ class companies surged by 6.97 points. The entire 13 trading groups witnessed a gain, on an average, in their market value.
Shivam Cements Limited had a transaction of its shares worth Rs 84.33 million, the largest of all. NESDO Sambridha Laghubitta Bittiya Sanstha gained the largest point percent while United Idi-Mardi and RB Hydropower Limited was the top loser.
