KATHMANDU, Feb 10: Nepal Stock Exchange (NEPSE) added 29.31 points last week, with the investors keeping hope that Nepal Rastra Bank will come up with a favorable credit policy amid excessive liquidity underlying with banks.
The market opened at 2,067.01 points on Sunday and closed at 2,096.32 points on Thursday. During the review period, the market went as high as 2,107.51 points while it plunged to as low as 2,053.90 points, witnessing volatility of 53.61 points.
The market started the week with a slight fall of 5.31 points on Sunday. The index went uphill in the remaining days. On Monday, the market escalated 14.57 points, followed by gains of 9.44 points, 4.92 points and 5.68 points, respectively, in the successive days.
Investors gained Rs 84 billion from shares trading as NEPSE add...
The total turnover amount however declined to Rs 14.30 billion from Rs 23.42 billion in the previous week. The average daily turnover also fell to Rs 2.86 billion from Rs 4.68 billion.
Regarding the trading groups, mutual fund was the only loser in the review period. The index of life insurance went up 171 points, the highest of all. Among the gainers, non-life insurance, development banks, finance, and hotel and tourism added three-digit points in their market values.
Among individual companies, Himalayan Reinsurance Limited had the largest transaction of its shares worth Rs 1.29 billion. Samaj Laghubitta Bittiya Sanstha by adding 58.38 percent in its market value led the gainers’ list. The share price of Ridi Power Company Limited dropped 23.24 percent, the highest of all.
The market capitalization increased to Rs 3.295 trillion from Rs 3.248 trillion in the previous week. It made the shares investors gain Rs 47 billion in their portfolios.
