KATHMANDU, May 18: Nepal Stock Exchange (Nepse) on Thursday bounced back 32.30 points to close at 1,877.32 points.

The secondary market opened at 1,845 points and went to the day’s low at 1,844.89 points in the first few minutes of the trading. The market escalated to as high as 1,883.10 points in the last 15 minutes of the market closing for the day.

In the intraday trading, 204 listed companies added to their market prices, while 11 companies registered as losers. The sensitive index that measures the performance of the blue chip companies also inclined 5.23 points.

All the 13 groups had their market prices increased. Out of them, life insurance, non-life insurance and hotels and tourism gained three-digit points in their indices.

The market has started taking an upward pace since Wednesday when the index increased by 23.39 points. The daily turnover amount also increased to Rs 857.62 million and Rs 1.47 billion, on Wednesday and Thursday, respectively.  

Stockbrokers said the market bounced back in response to the banks and financial institutions started reducing interest rates.

Among individual companies, Nepal Doorsanchar Company Limited had the biggest transactions of its shares worth Rs 86.34 million. Himalaya Urja Bikas Company Limited was registered as the topmost gainer while NIBL Growth Fund lost the highest percent of its market price.  

 
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