KATHMANDU, Jan 4: Nepal Stock Exchange (Nepse) on Wednesday gained a whopping 64.78 points to close at 2,125.84 points.
The secondary market opened at 2,061.06 points and jumped to 2,089.79 points in the first few minutes of the trading day. The market remained almost stable for the next one and a half hours, and then took a leap by around 40 points before it closed for the day. According to the stockbrokers, the market took an upward graph after Nepal Rastra Bank announced amendments to the guidelines on working capital loans, which the private sector had long been demanding the central bank to scrap.
Nepse gains 13.40 points, daily turnover stands below Rs 1 bill...
The daily turnover increased to Rs 3.501 billion from Rs 3.158 billion on Tuesday. In the intraday trading on Wednesday, a total of 208 companies gained in their market prices and only five companies lost in their market values. The sensitive index that measures the performance of blue chips companies also escalated 14.09 points.
All the 13 trading groups were the gainers of the day. While non-life insurance companies gained the largest of 300.16 points, a total of six sub-groups were added with three-digit points in their indices.
Among individual companies, Himalayan Distillery Limited had the largest transactions of its shares worth Rs 115.27 million. Salt Trading Corporation was the top loser while Nepal SBI Bank Debenture 2086 lost the biggest percent of its market value.
