The top five companies that earned the most on Tuesday were Bottlers Nepal, Win Nepal Microfinance, Nepal Micro Insurance Company, Mailungkhola Jalvidyut and Gurans Microfinance.
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The NEPSE index, which measures stock trading, fell by 3.44 points on Tuesday. After decreasing by 0.12 percent compared to the previous trading day, the overall NEPSE fell to 2,666.61 points. The NEPSE, which closed higher on Wednesday and Thursday last week, fell by 33.33 points on Monday. On Tuesday, NEPSE followed the same path as Monday. However, the rate of decline on Tuesday is lower than Monday.
On that day, while the share price of 121 companies increased, 123 companies decreased. On Tuesday too, there was a lot of fluctuation in the stock market. The NEPSE, which started to decline from the beginning, fell to the lowest of the day at 2,632 at around 1:52 p.m. Since then, the market has started to rise and closed at 2,666. However, this number is less than the previous day by about 3 and a half points.
Over the last few months, more liquidity has piled up in the financial system. Along with deposits, loan interest rates have also decreased to single digits and are still decreasing. Other areas of investment, such as real estate, industry, trade, etc., have not improved as expected. In such a situation, many people believe that the stock market should rise, but the market has not even shown a sign of it. Instead, most of the business has closed lower during the day. Investors' self-confidence has not increased due to the political instability seen in the streets, protests, and the delay in the appointment of the governor of the Rashtra Bank in the last few weeks. Experts say that the stock market has not increased because their confidence has not increased.
1 crore 643 thousand 469 shares were bought and sold in 53 thousand 492 transactions. Shares worth 5.3 billion 95 million rupees have been traded in those purchases. The transaction amount has also decreased compared to the previous day. Shares worth 5.65 billion 89 million rupees were bought and sold on Monday.
Financial companies, manufacturing and processing, non-life insurance and trading among the 13 sub-groups traded on the day rose. However, the indices of all other subgroups decreased. In the list of the top five companies that earned the most on Tuesday, Bottlers Nepal, Win Nepal Microfinance, Nepal Micro Insurance Company, Mailungkhola Jalvidyut and Gurans Microfinance Financial Institution were respectively. Among the top five companies that lost the most on that day are Barahi Hydropower, Community Microfinance Financial Institution, Advanced Cooperation Microfinance, Sayapatri Hydropower and Maya Khola Hydropower Company.
Similarly, NRN Infrastructure and Development is the first in terms of turnover. On that day, this company's shares worth 59 million 14 lakh rupees were traded. The second most traded companies are Himalayan Reinsurance, Nepal Reinsurance Company, United Modi Hydropower and Reddy Electricity Company.
