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ECONOMY

Nepse gains 54.58 points, turnover amount reaches Rs 4.60 billion on Sunday

KATHMANDU, July 31: Nepal Stock Exchange (Nepse) on Sunday gained 54.58 points to close at 2,195.10 points.

By Republica

KATHMANDU, July 31: Nepal Stock Exchange (Nepse) on Sunday gained 54.58 points to close at 2,195.10 points.


The secondary market that opened at 2,140.52 points successively increased throughout the trading hours. In the past 10 days since Nepal Rastra Bank enforced the new monetary policy, the market has started to bounce back. Last week too, Nepse added 123.06 points in its index.


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The sensitive index that measures the performance of ‘A’ class companies also surged 9.72 points. Except for finance, the remaining 12 trading groups gained in their average share prices. Life insurance and non-life insurance added 412.89 points and 374.08 points, respectively, to their groups’ indices.


Along with the Nepse index, the market has also been posting a notable rise in the transaction volume. On Sunday, the total turnover amount remained Rs 4.60 billion.


Among individual companies, Shivam Cements had the largest transaction of its shares worth Rs 213.41 million. Last week too, the company stood at the top rank, with a transaction of Rs 1.21 billion. IME General Insurance Limited was the highest gainer while Goodwill Finance Limited Debenture 2083 was the topmost loser of the day. 

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