KATHMANDU, Nov 20: Nepal Stock Exchange (Nepse) added 1.39 points to close at 1,853.48 points on Monday, the first day after weeklong holidays of Tihar and Chhath festivals when the secondary market opened for trading.
The secondary market opened at 1,852.09 points and escalated to the day’s high at 1,872.92 points in the first 15 minutes of trading. However, it declined in the successive trading period to hit the day’s low at 1,846.67 points in the next two and a half hours. In the remaining period, the market recovered by around seven points.
The sensitive index that measures the performance of blue chip companies, however, shed 0.50 points. The daily turnover increased slightly above Rs 1 billion and stood at Rs 1.099 billion.
Manufacturing and processing shed the highest of 95.31 points. Hotels and tourism, microfinance and ‘others’ were among four losers. Out of the nine gainers, life insurance had its index inclined 94.26 points.
Among individual companies, the market values of 119 companies increased whereas 114 companies posted losses on their indices.
Himalayan Distillery Limited with a transaction of its shares worth Rs 73.625 million stood at the top of the transaction volume lists. Global IME Laghubitta Bittiya Sanstha Limited gained the highest of 9.98 percent of its market price. Forward Microfinance Laghubitta Bittiya Sanstha Limited lost the biggest of 10 percent of its market value.