Nepse declined 28.46 points while shares investors lost Rs 41 billion last week

Published On: November 12, 2022 04:55 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, Nov 12: Nepal Stock Exchange (Nepse) declined 28.46 points while investors lost 1.5 percent in their book value of share prices last week.

The secondary market opened at 1,922.16 points on Sunday and closed at 1,893.70 points on Thursday. During the period, the market rose to as high as 1,987.26 points while it went to the minimum at 1,889.93 points.

On Sunday, the market opened at a good note gaining 43.2 points, which however was not continued for the remaining trading days of the week. On Monday, the index dropped marginally by 6.43 points and on Tuesday, it fell further by 2.57 points. On Wednesday and Thursday, the market declined by double digit points of 39.15 points and 23.52 points, respectively.

The total transaction was recorded at Rs 7.23 billion, a notable rise from Rs 4.35 billion in the previous week. The average daily turnover also escalated to Rs 1.447 billion from Rs 1.088 billion.

The sensitive index that measures the performance of the blue chips companies also declined by 7.06 points. In individual companies, Shivam Cements had the largest transaction of its shares worth Rs 407.21 million. NESDO Sambridha Laghubitta Bittiya Sanstha was the topmost gainer (11.96 percent) and Kisan Laghubitta Bittiya Sanstha lost the largest percent (10.42 percent) in its market value last week.

Along with a fall in the Nepse index, the market capitalization also plunged to Rs 2.723 trillion from Rs 2.764 trillion. Overall, the investors faced a loss of Rs 41 billion in the shares transaction.

 


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