Home Nepal stock Nepse rebounded with 123.06 extra points last week – myRepublica

Nepse rebounded with 123.06 extra points last week – myRepublica

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KATHMANDU, July 30: The Nepal Stock Exchange (Nepse) gained 123.06 points last week, following the announcement by the Nepal Rastra Bank of a monetary policy that prompted investors to increase their investments in the market. stock market.

The secondary market opened at 2,017.46 points on Sunday and closed at 2,140.52 points on Friday. During the reporting period, the market reached a high of 2,150.10 points while it fell to a low of 2,027.80 points. Overall, the stock index jumped 6.10%.

In day one trading, the market rose 61.05 points followed by an increase of 54.45 points on Monday. The market, however, fell 44.80 points on Tuesday. The rest of the three days, Nepse inflated 23.83 points, 15.49 points and 13.05 points, respectively.

The total amount of revenue increased by 116.01% to reach 20.87 billion rupees last week. Similarly, the market capitalization has also risen from Rs 2.88 trillion to Rs. 3.056 trillion, providing investors with benefits of Rs. 176 billion from equity trading.

Shivam Cements made the largest transactions of its shares worth Rs 1.21 billion. Multipurpose Finance Company Limited was the biggest gainer while Kumari Dhanabriddhi Yojana was the biggest loser in the reporting period.