NEPSE gained 21.25 points, while investors earned Rs 35 billion from shares trading last week

NEPSE gained 21.25 points, while investors earned Rs 35 billion from shares trading last week
By Republica
Published: April 13, 2024 04:51 PM

KATHMANDU, April 13: Nepal Stock Exchange (NEPSE) gained 21.25 points last week, with the investors in wait and watch condition for the third quarter end to inject their money in the country’s secondary market. 

In a three-day trading, the market opened at 2,004.05 points on Sunday and closed at 2,025.30 points on Wednesday. The government announced a public holiday on Monday to mark ‘Ghodejatra’, while Thursday was declared a public holiday to mark Eid-al-Fitr, one of the main festivals of Muslim.

In the review period, the market went as high as 2,045.89 points while it plunged to as low as 2,000.61 points, witnessing volatility of 45.28 points.

The market started the week with a positive note with an impressive gain of 22.75 points. However, it could not maintain a similar charm for investors on the rest of the days. On Tuesday, the index increased by 9.19 points, which was followed by a decline of 10.71 points on Wednesday.

The total turnover amount stood at Rs 11.87 billion, compared to Rs 13.94 billion in the previous week. The average daily turnover increased to Rs 3.95 billion from Rs 2.78 billion.

The market capitalization inclined to Rs 3.212 trillion from Rs 3.177 trillion in the previous week. It made the shares investors gain Rs 35 billion in their portfolios. In the previous two weeks, investors suffered a loss of Rs 26 billion. 

 

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