210 of the companies that came into trading on Monday saw their share prices rise, while 33 companies fell
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NEPSE, which has been continuously decreasing for the last 6 trading days, has improved by double digits on Monday. On that day, the overall NEPSE increased by 26.10 points to 2,640 points. It is 0.99 percent more than the previous day. NEPSE, which decreased by 54.62 points on Sunday and closed at 2,614.68 points, increased by double digits on Monday. This increase has been analyzed by investors as 'currency'.
As the market fell continuously for a week, the share prices of many companies fell to the lowest point. On this occasion, the market rose after the investors increased their purchase of shares. "There was no particular reason for the previous 6 days of continuous market decline, so there is no reason for NEPSE to increase on Monday," said a broker. The official said that there is no possibility of the market increasing as investors are waiting and watching at least for the next week.
In the past few days, there has been news of the exhibition of royalist, Maoist and other parties in the market, and the term of office of Governor Mahaprasad Adhikari is coming to an end. On February 28, it increased by 17.28 points to 2,736 points. Since then, the NEPSE decreased by 67.17 points in a week. On Sunday, NEPSE continued to decline.
NEPSE points increased on Monday, but the trading volume decreased compared to Sunday. On Sunday, 6.32 billion 1 lakh 41 thousand rupees were traded, while on Monday only 4.48 billion 35 lakh rupees were traded.
The share price of 210 companies listed in NEPSE increased while the price of 33 companies decreased. A total of 97 lakh 39 thousand 738 shares were bought and sold out of a total of 58 thousand 235 shares. Today, all 13 subgroups have grown. Life Insurance increased the most by 191.23 points. Finance 87.42, hotel and tourism 66.12, non-life insurance 79.85, production and processing 55.82 and hydroelectricity share price increased by 66.12 points.
The top five companies that earned the most were Guardian Micro Life Insurance, Upkar Laguvitt Financial Institution, Pokhara Finance, Samriddhi Finance Company and Shwetaganga Hydropower and Construction Company. Investors in Upper Hewakhola Hydropower, Sangrila Development Bank Debentures (2087), Narayani Development Bank, 9 percent ICFC Finance Limited Debentures (2088) and Barahi Hydropower lost out. On the basis of turnover, Himalayan Reinsurance, CEDB Holdings, Nepal Reinsurance Company, Guardian Micro Life Insurance and Sindhu Bikas Bank were the top five companies respectively.
