KATHMANDU, Dec 9: Nepal Stock Exchange (Nepse) lost 5.76 points last week amid a delay by Nepal Rastra Bank to come up with the first quarterly review of the monetary policy for the current fiscal year.

The secondary market opened at 1,858.53 points on Sunday and closed 1,852.77 points on Thursday. During the review period, the market went as high as 1,861.62 points while it plunged to as low as 1,830.63 points, witnessing volatility of 30.99 points.

The market started the week with a marginal fall of 7.29 points on Sunday. On the two successive days, the market shed 3.42 points and 10.10 points, respectively.

Of the two remaining days, the market inched up 3.33 points on Wednesday. The market closed the week by adding double digit marks of 11.73 points on Thursday.

Despite a fall in the market index, the total turnover amount jumped to Rs 7.645 billion from Rs 7.606 billion in the previous week. The average daily turnover amount stood at Rs 1.529 billion, up from Rs 1.521 billion.

Only non-life insurance and life insurance were successful on adding 237.52 points and 224.58 points, respectively, on their indices. Of the remaining 11 losers, manufacturing and processing, and hotels and tourism lost three-digit points of 154.19 points and 112.16 points, respectively.

Among individual companies, Mount Energy Nepal Limited topped in terms of the transaction amount. The company’s shares worth Rs 521.55 million were traded during the review period.

NRN Infrastructure and Development Limited shed 18.64 percent of its share price and was recorded the highest loser. Samaj Laghubitta Bittiya Sanstha Limited gained the highest of 21.17 percent of its market value.

The market capitalization, however, dropped to Rs 2.856 trillion from Rs 2.865 trillion the previous week. It led to a decline in the market values of investors’ portfolios by Rs 9 billion. 

 
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