KATHMANDU, Jan 10: Nepal Stock Exchange (Nepse) on Monday gained 46.76 points to cross 2,200 points, the highest mark in the past seven months.
The secondary market opened at 2,164.48 points and went as low as 2,161.03 points. In the next moment, the index continued to take an upward leap to close at 2,211.38 points.
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Along with the market index, the daily turnover amount also jumped to Rs 5.31 billion, a marginal fall from Rs 5.45 billion on Sunday. As the market bounced back to regain the bullish trend, the market surged by over 300 points in the past two weeks, while the total transaction crossed Rs 35 billion over the period.
In the intraday trading, the market value of 173 companies went up, while 31 companies were the losers. Only hotels and tourism index out of the 13 sub-groups was the loser. Non-life insurance gained the highest of 237.61 points.
Among individual companies, Ridi Power Company Limited had the biggest turnover of its shares worth Rs 206.81 million. The authority imposed a positive circuit breaker in the transaction of 11 companies after their share prices rose massively in the trading hours.
On the other hand, Swabhimaan Laghubitta Bittiya Sanstha Limited was the top loser.
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