KATHMANDU, July 30: Nepal Stock Exchange (Nepse) gained 123.06 points last week, in the aftermath of the Nepal Rastra Bank announcing monetary policy that induced investors to increase their investment in the share market.
The secondary market opened at 2,017.46 points on Sunday and closed at 2,140.52 points on Friday. Over the review period, the market rose to a maximum of 2,150.10 points while it fell to the lowest of 2,027.80 points. Overall, the market index surged 6.10 percent.
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On the first day transaction, the market increased by 61.05 points followed by an increase of 54.45 points on Monday. The market however fell 44.80 points on Tuesday. On rest of the three days, Nepse swelled by 23.83 points, 15.49 points and 13.05 points, respectively.
The total turnover amount increased 116.01 percent to Rs 20.87 billion last week. Likewise, the market capitalization also surged from Rs 2.880 trillion to Rs 3.056 trillion, giving investors with benefits of Rs 176 billion from the shares transactions.
Shivam Cements had the largest transactions of its shares worth Rs 1.21 billion. Multipurpose Finance Company Limited was the highest gainer while Kumari Dhanabriddhi Yojana was the topmost loser of the review period.
