Kathmandu, July 30 -- The market capitalization of Nepal Stock Exchange (NEPSE) crossed Rs 5 trillion for the first time, due to the investors being attracted to invest more on the country's secondary market.

According to the NEPSE, the market capitalization surged by Rs 640 billion in the past month. On June 29, the amount was recorded at Rs 4.369 trillion under the heading. Over the period, the NEPSE index surged to over 3,000 points from 2,622.28 points, while the daily turnover also rose to an average of Rs 18 billion from mere Rs 5-6 billion.

Market capitalization refers to the cumulative of current market value of stocks of all the listed companies. Higher market capitalization ensures increased book values of the shares held by t...