Nepse index declined marginally by 3.28 points and shares investors lost Rs 4.72 billion last week

Published On: November 26, 2022 05:02 PM NPT By: Republica | @RepublicaNepal

KATHMANDU, Nov 26: Nepal Stock Exchange (Nepse) lost 3.28 points, while investors lost Rs 4.72 billion from the stock trading last week.

In a three-day trading session, the secondary market opened at 1,936.83 points on Tuesday and closed at 1,933.55 points on Thursday. Due to the general election that was held last Sunday, the government announced a public holiday on the first two days of the week. In the previous week, the market gained 43.13 points.

During last week, the market index went as high as 1,960.85 points and as low as 1,913.28 points. This shows the market volatility of 47.57 points.

On Tuesday and Wednesday, the market dropped marginally by 7.13 points and 7.72 points, respectively. On Thursday, the market however dropped 11.56 points.

Out of 13 trading groups, only five gained in their average market prices. Total turnover dropped to Rs 3.30 billion from Rs 5.31 billion in the previous week. The daily turnover, however, increased to Rs 1.10 billion from Rs 1.06 billion. Market capitalization declined from Rs 2.786 trillion to Rs 2.781 trillion.

Among the individual companies, Himalayan Distillery had the largest transaction of its shares worth Rs 265.04 million. National Life Insurance Company lost the highest percent in its share price whereas Ghalemdi Hydro Limited was the top gainer.