ECONOMY

Investors gain 96 billion as NEPSE jumps 2.13 percent in a week

The Nepal Stock Exchange (NEPSE) last week increased 55.98 points (2.13 percent) after the secondary market opened for trading, with the end of Dashain.   
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By REPUBLICA

KATHMANDU, Oct 31: The Nepal Stock Exchange (NEPSE) last week increased 55.98 points (2.13 percent) after the secondary market opened for trading, with the end of Dashain.   



The secondary market opened for trading at 2,634.17 points and closed at 2,690.15 points. During the period, the market rose as high as 2,712.99 points and fell as low as 2,618.40 points, recording the volatility of 94.59 points.


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During the review period, the market index inclined for three days, with the index increasing by the largest of 33.29 points on Wednesday. In two days of decline, the market index went down by the largest of 5.45 points on Friday.    


Sector-wise, all the 13 groups were the gainers, as the hotels and tourism soared by the largest of 148.71 points. Percentage-wise, the hydropower surged 3.78 percent, the highest of all. Likewise, the non-life insurance gained the least of 0.18 percent. 


Among the individual companies, share price of Beni Hydropower Project doubled to Rs 709.7 per unit. Chirkhwa Hydropower’s price dropped the most by 15.15 percent.   


The average daily turnover increased to Rs 6.94 billion from Rs 4.58 billion, marking a jump of 51.39 percent. Market capitalization increased to Rs 4.630 trillion from Rs 4.534 trillion, making the investors gain by Rs 96 billion.


 

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