KATHMANDU, June 20: The Nepal Stock Exchange (NEPSE) last week declined 21.92 points (0.8 percent) as the government continued its aggressive move to take action against those involved in financial crimes.
The secondary market opened for trading at 2,724.03 points and closed at 2,702.11 points. The market rose as high as 2,729.59 points and fell as low as 2,691.86 points, marking the volatility of 37.73 points over the period.
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The market index declined for three days while it increased by marginal values for two days. With a fall of 12.26 points, the market had the largest fall on Sunday.
Sector wise, except manufacturing and processing, the remaining 12 groups were the losers. Non-life insurance declined by the largest of 282.92 points and percentage-wise, the ‘others’ plunged by the highest of 3.10 percent. Manufacturing and processing inclined by 68.05 points.
Among the individual companies, the market value of Green Development Bank shed the highest of 11.51 percent of its market price. Appolo Hydropower’s scrip jumped by 101.05 percent.
The average daily turnover slid to Rs 4.009 billion from Rs 4.615 billion, marking a decline of 13.11 percent. Market capitalization fell to Rs 4.617 trillion from Rs 4.654 trillion, making the investors face a loss of Rs 37.5 billion in their book values. In the previous week, investors lost Rs 47 billion from share trading.
