KATHMANDU, Sept 13: Nepal Stock Exchange (NEPSE) lost 47.52 points last week in just two-day trading, due to low confidence of investors on the share market.
The secondary market opened at 2,719.77 points on Sunday and closed at 2,672.25 points on Monday. Due to the unusual situation that emerged with the Gen Z protests followed by a massive violence across the country; the NEPSE suspended the trading in the secondary market for the remaining three weekdays. Issuing a public notice, the frontline regulator has informed that the stocks trading will not be carried out until September 18.
Investors lose Rs 48 billion lose as NEPSE dips 30.39 points in...
In the review period, the market lost 11.52 points on Sunday, followed by a notable loss of 35.99 points on the consecutive day. During the period, the market rose as high as 2,727.42 points and fell as low as 2,664.75 points, posting a volatility of 62.67 points.
The sensitive index which measures the performance of ‘A’ class companies declined 7.53 points. In the individual companies, Him Star Urja Company Limited gained over 20 percent of its market price and recorded as the largest gainer.
The total turnover amount stood at Rs 9.63 billion. The average daily turnover declined to Rs 4.81 billion from Rs 5.09 billion in the previous week.
Along with the NEPSE index, the market capitalization also decreased to Rs 4.467 trillion from Rs 4.546 trillion, which made the investors face a loss worth Rs 79 billion in their investment portfolio. In the previous week, the investors lost Rs 101 billion.
