KATHMANDU, April 29: Nepal Stock Exchange (Nepse) last week dropped 14.65 points due to the government facing a financial imbalance in the country’s treasury.
The secondary market opened at 1,904.40 points on Sunday and closed at 1,889.75 points on Thursday. During this period, the market rose to as high as 1,913.05 points and as low as 1,875.37 points, resulting in a volatility of 37.68 points in the share market.
Nepse fell 36.15 points while investors lost Rs 51 billion last...
With a drop of Rs 18.80 points on Sunday, the market opened with a negative note last week. The index increased 2.71 points on Monday, while it gained 17.36 points on Tuesday. On the remaining two days, the market slid 13.68 points and 2.25 points, respectively.
Out of 13 trading groups, three including hotels and tourism, development bank and mutual fund gained in their market values. Out of 10 losers, microfinance lost the highest of 50.21 percent points.
The total turnover amount of shares was recorded at Rs 4.052 billion, down from Rs 4.62 billion in the previous week. The daily turnover amount also plunged to Rs 810.42 million from Rs 924.12 million.
The market capitalization declined to Rs 2.753 trillion from Rs 2.774 trillion, which made the investors face a loss of Rs 21 billion in their investment portfolio. Previous week too, investors lost Rs 39 billion from the share market.
