KATHMANDU, Nov 22: Nepal Stock Exchange (NEPSE) last week inclined 14.56 points (0.57 percent) with Nepal Rastra Bank publishing a report showing some improvement in macroeconomic indicators.
The secondary market opened at 2,545.73 points on Sunday, while it closed at 2,560.29 points on Thursday. Over the period, the index went as high as 2,580.09 points, while it was recorded at a low of 2,533.03 points, resulting in a volatility of 47.06 points.
Weekly Commentary: Nepse up for a second straight week as inves...
On Sunday, the market opened at a negative note with the index declining by 5.15 points. On consecutive two days, the index increased by 9.78 points and 15.70 points, respectively. On Wednesday and Thursday, the market index declined 4.98 points and 0.93 points, respectively, to close for the week.
Of the 10 gainers, hotels and tourism was the topmost gainer, with the group adding 4.89 percent in its market index. While finance plunged by the largest of 0.82 percent, non-life insurance lost 0.63 percent and banking lost 0.34 percent.
In terms of the individual companies, Sahas Urja Limited with a turnover of Rs 1.16 billion stood as the highest in the segment. Share prices of Sagar Distillery Limited and Bandipur Cablecar and Tourism Limited surged by 61 percent each, while the share price of Bhugol Energy Development Company Limited declined 20.80 percent, the highest of all.
The total turnover amount increased marginally to Rs 20.41 billion from 20.39 billion in the previous week. The average turnover also inclined to Rs 4.082 billion from Rs 4.079 billion.
In the review period, the market capitalization inclined to Rs 4.298 trillion from Rs 4.273 trillion, making investors had capital gains of Rs 25 billion in their portfolio. In the previous week, the investors lost Rs 68 billion.