Capital market sees an upsurge of 36.86 points

KATHMANDU, DECEMBER 12: The Nepal Stock Exchange (NEPSE) index witnessed a remarkable upsurge of 36.86 points or 1.89% to settle at 1985.44 on Tuesday. Similarly, the total turnover of the capital market stood at Rs 4.30 billion through 95, 433 transactions.

On the third trading day of the week on Tuesday, the share prices of 24 companies decreased while the same of 214 companies went up.  The market value of the stocks of  4 companies remained unchanged.

Bottlers Nepal Limited (BNL), Dhaulagirii Laghubitta Bittiya Sanstha Limited (DLBS), Nepal Republic Media Limited (NRM), and Sonapur Minerals and Oil Limited (SONA) were those lucky four companies which each made an impressive gain of 10%.

On the other side, Sunrise Bluechip Fund suffered the most as its share price saw a steep decline of Rs 51 per unit.  In terms of the share transaction amount, Shivam Cement topped the list at Rs 180.7 million while the highest number of shares i.e. 429.827 were traded by Sonapur Mineral.

The bullish trend in the secondary market observed over the first three trading days of this week is ascribed to the recent first quarterly review of the monetary policy by the Nepal Rastra Bank (NRB).