KATHMANDU, March 28: Nepal Stock Exchange (NEPSE) inclined 14.22 points (0.48%) last week while the formation of the new government was in process.
In four-day trading, the secondary market opened at 2,877.03 points on Sunday while it closed at 2,950.16 points on Thursday. During the period, the index reached as high as 2,969.50 points and lowest of 2,890.68 points, resulting in a volatility of 78.82 points.
The secondary market opened for trading at a positive note by adding 54.51 points on Sunday. It was followed by a gain of 5.01 points on Monday and 23.83 points on the next day. The market however got corrected by 24.45 points on Wednesday after investors rushed to book profits. The market soared 14.21 points Thursday to close for the weekdays.
Investors secure capital gains of Rs 132 billion as NEPSE incli...
Sector-wise, only life insurance lost 42.78 points. Of the 12 gainers, manufacturing and processing added the largest of 639.96 points. Percentage wise, the trading index jumped 8.87 percent (338.52 points), the highest of all.
Regarding the individual companies, Ngadi Group Power Limited with turnover of its shares worth Rs 2.62 billion was the topmost in the segment. Reliance Spinning Mills Limited stood as the topmost gainer by adding 61.04 percent in its market value. Himalayan Power Partner Limited lost 19.43 percent, the highest of all.
The total turnover amount escalated to Rs 82.47 billion from Rs 59.56 billion. The average turnover soared to Rs 16.49 billion from Rs 14.89 billion in the previous week.
In the review period, the market capitalization increased to Rs 5.009 trillion from Rs 4.876 trillion, securing investors with capital gains of over Rs 133 billion in their book values. In the previous week, the investors gained over Rs 132 billion from share transactions.
