NEPSE Surges 2.13% in Post-Dashain Week, Investors Gain Rs 96 Billion
The Nepal Stock Exchange (NEPSE) rose 2.13% (55.98 points) to close at 2,690.15 last week as trading resumed after Dashain. All 13 sector groups gained, with hotels and tourism leading, while market capitalization increased by Rs 96 billion.
KATHMANDU, Oct 31 — The Nepal Stock Exchange (NEPSE) gained 55.98 points (2.13 percent) last week as the secondary market reopened for trading following the Dashain festival.
The index opened at 2,634.17 points and closed at 2,690.15 points. During the week, it reached a high of 2,712.99 points and a low of 2,618.40 points, recording a volatility of 94.59 points.
The market index advanced on three days, with the largest single-day gain of 33.29 points on Wednesday. It declined on two days, with the steepest drop of 5.45 points on Friday.
Sector-wise, all 13 groups ended in positive territory. Hotels and tourism posted the largest point gain, soaring 148.71 points. In percentage terms, hydropower led with a 3.78 percent increase, while non-life insurance recorded the smallest gain at 0.18 percent.
Among individual companies, shares of Beni Hydropower Project doubled to Rs 709.7 per unit. Chirkhwa Hydropower recorded the steepest decline, falling 15.15 percent.
The average daily turnover jumped to Rs 6.94 billion from Rs 4.58 billion, a rise of 51.39 percent. Market capitalization increased to Rs 4.630 trillion from Rs 4.534 trillion, delivering a gain of Rs 96 billion to investors.