KATHMANDU, July 22: Nepal Stock Exchange (Nepse) gained 78.99 points last week amid the investors getting respite from the high interest rates along with high hope from the upcoming monetary policy.
The secondary market opened at 2,084.93 points on Sunday while it closed at 2163.92 points on Thursday. During the period, the index went as high as 2,177.76 points and as low as 2,079.39 points, taking the market to the volatility of 98.37 points.
The market started the week at a positive note by gaining 12.16 points on Sunday. Monday trading also followed a whopping gain of 47.07 points. Likewise, the market gained 9.91 points and 11.17 points on Tuesday and Wednesday, respectively, before it declined marginally by 1.31 points on Thursday.
Nepse bounced back with double digit gains of 27.51 points; sha...
Hotels and tourism with a decline of 3.68 points was the only group that lost in the trading last week. Out of 12 gainers, non-life insurance added the highest of 414.18 points in its market price. Trading, manufacturing and processing, development banks and life insurance also added three-digit points.
The total turnover amount declined nine percent to Rs 14.886 billion. Previous week, the amount was Rs 16.278 billion. During the review period, the daily turnover amount also dropped to Rs 2.977 billion from Rs 3.255 billion.
Among the individual companies, Shivam Cements with a turnover of its shares worth Rs 800.98 million topped the transaction volume. BPW Laghubitta Bittiya Sanstha Limited gained the highest of 27.80 percent of its market price, while Citizens Mutual Fund-1 with a decline of 11.67 percent was recorded the topmost loser.
The market capitalization inclined to Rs 3.179 trillion from Rs 3.064 trillion. As a result, the investors gained Rs 115 billion from their investment portfolio in the share market during the review period.
