KATHMANDU, Oct 19: Nepal Stock Exchange (NEPSE) surged by 77.18 points last week after investors turned on for stocks trading following the end of the Dashain holidays.
In a three-day trading session, the secondary market opened at 2,668.18 points on Tuesday and closed at 2,745.36 points on Thursday. During the period, the market rose as high as 2,780.97 points while it plunged as low as 2,670.18 points, posting a volatility of 110.79 points.
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The market opened for the week with a gain of 31.48 points on Tuesday, the first day after the end of the Dashain holidays. The index inclined up 43.22 points and 2.47 points on Wednesday and Thursday, respectively.
Despite gaining notable points in all the three trading days, the turnover amount was not encouraging in the review period. The single day turnover amount was at a four-month low of Rs 3.06 billion on Tuesday. Overall, the total turnover amount stood at Rs 15.91 billion.
Market capitalization inclined to Rs 4.365 trillion from Rs 4.242 trillion during the review week, which made the investors earn 122.7 billion in their share portfolio.
