KATHMANDU, Dec 11: Nepal Stock Exchange (NEPSE) on Wednesday jumped 45.88 points up to close at 2,715.71 points.
The secondary market opened at 2,669.82 points and initially fell to the day’s low at 2,663.16 points in the first 25 minutes of trading. The index gradually caught up in the remaining trading hours and gained 1.71 percent in overall transactions.
Nepse up for a fifth consecutive week
The sensitive index, which measures the performance of ‘A’ class companies, increased 9.75 points. The daily turnover rose to Rs 5.05 billion from Rs 4.41 billion on Tuesday.
Only mutual funds shed 0.07 points in its index. Of the 12 gainers, life insurance and non-life insurance escalated by 138.93 points and 132.11 points, respectively.
Among the individual companies, 212 were gainers while 28 lost in their market values. Janaki Finance Company Limited had the biggest turnover of its shares worth Rs 361.50 million.
Nyadi Hydropower Limited was recorded as the highest gainer with 9.97 percent. Khanikhola Hydropower Co Ltd shed the largest of 9.99 percent of its market value.