About 33 percent of the hydropower sector has a turnover of 26 billion 65 million
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Last week, the property value of stock investors increased by about 66 billion. During that period, NEPSE increased by 40 points on average, and the size of the stock market (total market capitalization) remained at 44 trillion 89 billion rupees. Compared to Thursday of the previous week, this is about 66 billion more. The total market capitalization on Thursday of the previous week was 44 trillion 22 billion rupees.
The total market capitalization is calculated by multiplying the total share price listed on the Nepal Stock Exchange (NEPSE) by the market price of the same day. Generally, when the NEPSE index increases, the market capitalization also increases and when it decreases, it decreases. When the capitalization increases or decreases, the value of the investor's property will change (increase/decrease). Therefore, technically, when the market rises, the value of the investor's property increases and when it falls, the value of the property also decreases.
Last week, shares traded on only four days, out of which NEPSE increased by about 57 points on three days (Sunday, Wednesday and Thursday). But on Tuesday, NEPSE fell by about 17 points. In that week, NEPSE increased by about 40 points on average. NEPSE, which closed at 2,663.30 points on Thursday of the previous week, increased to 2,733.39 points last week.
In the four trading days of last week, a total of 26 billion 655 million rupees worth of shares were bought and sold. According to NEPSE, shares worth 7.56 billion rupees, 5.79 billion rupees on Tuesday, 5.44 billion rupees on Wednesday and 7.87 billion rupees on Thursday were traded.
5 crore 21 lakh 89 thousand 192 shares were bought and sold in 2 lakh 55 thousand 875 transactions throughout the week. NEPSE said that there was a share transaction of more than 26 and a half billion rupees in those purchases. Last week when 2 crore 16 lakh 39 thousand 908 shares of hydropower sub-group were bought and sold, there was a transaction worth 8 billion 72 crore 53 lakh rupees. This is the highest share of about 33 percent in the total share turnover of the period. Similarly, the share of banking (commercial bank) subgroup is 6.29%, development bank 6.95%, others 15.59%, investment 13.65%, and life insurance subgroup share 7%.
Nepal Stock Exchange (NEPSE) has been listed separately in 13 subgroups including banking, development bank, finance company, microfinance, life insurance, non-life insurance. Currently, the number of companies listed in the Nepal Stock Exchange has reached 268. Among the listed companies, there are 130 banks and financial institutions and insurance companies, while 91 hydropower companies, 22 manufacturing and processing companies, 7 hotels, 7 investment companies, 4 commercial organizations and 7 other groups. As of January 2080, the number of listed companies was two hundred 71.
In terms of the size of the stock market (total market capitalization), financial institutions account for 53.3 percent of this market, while hydroelectricity's share is 16.7 percent. Total market capitalization is calculated by multiplying the number of shares listed on the stock market by the share price on the same day. Experts say that the share of financial institutions and insurance in the total market capitalization is continuously decreasing and the increase of hydropower also confirms that the dominance of hydropower in the market is increasing.
