KATHMANDU, Nov 1: Nepal Stock Exchange (NEPSE) last week jumped 96.53 points (3.86 percent) after investors were buoyed by the expectation of improvement in the country’s political situation.
In four-day trading, the market opened at 2,503.85 points on Sunday, while it closed at 2,600.38 points on Thursday. The market remained closed on Monday after the government declared a holiday for Chhath. Over the period, the index went as high as 2,605.50 points, while it was recorded at a low of 2,469.37 points, resulting in a volatility of 136.13 points.
On Sunday, the market opened at a positive note with the index increasing marginally by 5.19 points. On Tuesday, the market posted a whopping growth of 62.29 points. The market, however, shed 5.17 points, followed by a gain of 34.22 points on the next day.
Investors lost Rs 162 billion in their book value last week wit...
All the 13 groups posted green in the review period, with the hydropower index adding the highest of 6.34 percent. Pointwise, life insurance surged by the largest of 668.23 points, with a total of nine groups adding three-digit points in their indices.
In terms of the individual companies, Himalayan Bank Limited Promoter share had the largest turnover of its shares worth Rs 1.66 billion. Radhi Bidyut Company Limited witnessed the highest rise of 20.03 percent in its market value, while the share price of Taragaon Regency Hotel Limited had a fall of 9.55 percent, highest of all.
The total turnover amount stood at Rs 20.20 billion. The average turnover also increased to Rs 5.05 billion from Rs 2.79 billion.
In the review period, the market capitalization soared to Rs 4.347 trillion from Rs 4.185 trillion. This gave the investors capital gains of Rs 162 billion.
