NEPSE bounces back with 32.15 points gain on Tuesday
ByPublished: 04:07 pm Mar 30, 2021
KATHMANDU, MARCH 30
The country's sole secondary market bounced back to 2,575.67 points, a 1.2 per cent change on the second trading day of the week, with the Nepal Stock Exchange (NEPSE) index gaining 32.15 points, today.
The benchmark index, which had dipped 5.45 points to 2,543.52 points on Monday, recovered from the previous day's loss.
Likewise, the sensitive index measuring the performance of Class 'A' stocks went up to 456.11 points with a 1.38 per cent change. The float index that gauges the performance of shares actually traded also rose by 1.35 per cent to 177.23 points.
A total of 12,209,926 unit shares of altogether 209 companies were traded at Rs 6.185 billion in the market today. After the share transaction, market capitalisation crossed Rs 3.557 trillion, according to NEPSE.
The majority of sub-indices recorded gains today except for the Manufacturing and Processing index and Trading index that recording losses.
The hydropower sector led the pack of gainers, with the sub-index jumping by 4.14 per cent or 95.98 points to 2,415.46 points.
In terms of points gained, non-life insurance took the lead, with the sub-index advancing by 398.32 points or 3.08 per cent to 13,324.77 points.
Nepal Infrastructure Bank (NIFRA) was the top company in terms of volumes and turnover, with 802,137 of its shares traded that amounted to Rs 480 million.
Meanwhile, Chandragiri Hills Limited (CGH) had the highest number of transactions totalling to 8,168 today.