KATHMANDU, Aug 22: Nepal Stock Exchange (Nepse) on Tuesday added 17.69 points to close at 2,015.98 points.
The secondary market opened at 1,998.28 points, rose around 10 points in the first 15 minutes and dropped to the day’s low at 1,990.57 points in the next 45 minutes. In the remaining trading period of the day, the market gained 25 points before it closed for the day.
The market started to follow the bearish trend since Nepal Rastra Bank launched the monetary policy for the current fiscal year. On Monday, the market fell below 2,000 points, two months low mark.
Nepse up for a fifth consecutive week
The sensitive index that measures the performance of blue chip companies also gained 3.36 points. The daily turnover stood at Rs 1.332 billion, a decline from Rs 1.408 billion on Monday.
All the 13 trading groups added to their market values. Non-life insurance gained the biggest of 122.49 points, which was followed by manufacturing and processing, and hotels and tourism, respectively.
Among individual companies, the market values of 181 companies were gainers. On the other hand, 42 companies were registered as losers.
Kumari Bank Limited Promoter Share, with a turnover of Rs 285.919 million, topped in terms of the transaction volume. Kutheli Bukhari Small Hydropower Limited gained the highest of 9.98 percent whereas Laxmi Laghubitta Bittiya Sanstha Limited lost 4.42 percent in its market price and was recorded as the top loser.
