Nepse surges by 61.05 points on Sunday

Published On: July 24, 2022 03:43 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, July 24: Nepal Stock Exchange (Nepse) on Sunday increased by 61.05 points to close at 2,078.51 points.

The secondary market responded to the Nepal Rastra Bank’s monetary policy for the fiscal year 2022/23 with a notable rise in the index on the first day of trading following the announcement of the policy. The market opened at 2,017.46 points and reached the lowest of 2,028.31 points in the intraday trading before taking a leap to increase by 3.03 percent.

The sensitive index that measures the performance of the blue chips companies also surged by 12.09 points. All 13 trading groups posted gains in their indices, with seven of them adding three-digit point growths to their average shares prices.

Along with the market index, the single day turnover amount also stood at a notable Rs 2.73 billion. Among individual companies, Shivam Cements had the largest transaction of its shares worth Rs 397.13 million. Central Finance Limited was the topmost gainer in terms of a rise in its share price while NMB Debenture 2085 was the highest loser in its share value.

 


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