KATHMANDU, June 24: Nepal Stock Exchange (Nepse) gained a nominal of 13.46 points last week, as investors stayed in wait and watch in relation to Nepal Rastra Bank’s new monetary policy for fiscal year 2023/24.

The market opened at Rs 2,042.07 points on Sunday and it closed at Rs 2,055.53 points on Thursday. During this period, the market rose to as high as 2,116.89 points and as low as 2,038.24 points, resulting in a fluctuation of 78.65 points in the share market.

Compared to the previous week when the index soared by 102.46 points, the market performed poorly last week. The secondary market started the week with a notable gain of 52.26 points on Sunday.

However, the market index plunged for three successive trading days. On Monday, the index slipped marginally by 2.94 points. On Tuesday and Wednesday, the index dropped 26.56 points and 14.05 points, respectively. On Thursday, the market gained 4.75 points.

Four out of the 13 trading groups—microfinance, hydropower, banking and mutual fund--had their market indices declined. With an additional 852.36 points, hotels and tourism topped the lists of gainers. Life insurance and non-life insurance added three-digit points in their indices.

The total turnover amount increased to Rs 20.662 billion from Rs 18.648 billion in the previous week. During the review period, the daily turnover amount also increased to Rs 4.132 billion from Rs 3.729 billion.

Among the individual companies, Shivam Cements with a turnover of its shares worth Rs 1.237 billion topped the transaction volume. City Hotel Limited achieved the largest gain of 60.88 percent and Aviyan Laghubitta Bittiya Sanstha Limited lost highest of 15.64 percent.

The market capitalization inclined to Rs 3.010 trillion from Rs 2.986 trillion. As a result, the investors gained Rs 24 billion from their investment portfolio in the share market. In the past three weeks, the market bounced back with an additional market capitalization of Rs 286 billion. 

 
• Nepse
 
• weekly_review