KATHMANDU, Feb 3: Nepal Stock Exchange (NEPSE) declined 17.08 points last week after the investors sought to book their capital gains with an increase in the valuation of the shares they hold.
The market opened at 2,084.09 points on Sunday and closed at 2,067.01 points on Thursday. During the review period, the market went as high as 2,131.27 points while it plunged to as low as 2,063.78 points, witnessing a volatility of 67.49 points.
The market started the week with a double-digit gain of 10.38 points on Sunday. The index further increased 10.26 points on Monday, followed by a gain of 14.88 points on Tuesday. The market could not retain its charm for the investors in the second half of the week, while the index declined 21.67 points and 30.92 points on Wednesday and Thursday, respectively.
Nepse index plunged 34.68 points and shares investors lost Rs 4...
The total turnover amount stood at Rs 23.42 billion, down from Rs 25.99 billion in the previous week. The average daily turnover also fell to Rs 4.68 billion from Rs 5.19 billion in the review period.
The others group, hydropower and trading were the gainers last week. The indices of these three groups inclined 66.05 points, 18.00 points, and 0.85 points, respectively.
Among individual companies, Himalayan Reinsurance Limited had the largest transaction of its shares worth Rs 2.868 billion. Samaj Laghubitta Bittiya Sanstha by adding 39.35 percent in its market value led the gainers’ list. The share price of Arun Valley Hydropower Development Company Limited dropped 25.61 percent, the highest of all.
The market capitalization also decreased to Rs 3.248 trillion from Rs 3.273 trillion in the previous week. It made the shares investors face a loss of Rs 25 billion in their portfolios.
