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NEPSE rises 31.54 points as daily turnover hits six-month high at Rs 8.57 billion

The Nepal Stock Exchange (NEPSE) on Thursday rose by 31.54 points, reaching a three-month high benchmark index of 2,695.60 points.
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By REPUBLICA

KATHMANDU, Oct 29: The Nepal Stock Exchange (NEPSE) on Thursday rose by 31.54 points, reaching a three-month high benchmark index of 2,695.60 points.



The market index inclined by more than 64 points in the last two days, as the daily turnover also hit a notable amount. On Thursday, the daily turnover amount increased to Rs 8.57 billion from Rs 7.45 billion on the previous day.


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Nepse stretches winning run with record weekly turnover


The NEPSE recorded a six-month highest turnover amount in intraday trading. Prior to this, the turnover hit Rs 9.31 billion on April 16.


The share prices of 181 companies increased, while those of 91 companies declined and the prices of 6 companies remained unchanged. All the 13 sectors have had their sub-indices inclined up, with hotels and tourism index escalating by the largest of 142.39 points. The banking sub-index also rose by 36.20 points (2.28 percent).


Beni Hydropower Project had its market price inclined by 15 percent, followed by Sopan Pharmaceuticals with 8.72 percent and Nepal Reinsurance Company with 5.61 percent.


The share price of NRN Infrastructure and Development plunged 3.65 percent, while Liberty Energy Company and Chirkhwa Hydropower were also in the row. Ghalemdi Hydro Limited witnessed the largest transaction of its shares worth Rs 356.16 million.


 

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