The total market capitalization which was Rs 44 trillion 19 billion 70 crore 69 lakh rupees last Wednesday remained Rs 43 trillion 62 billion 85 crore 78 lakh rupees last Wednesday.
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The NEPSE index, which measures stock trading, fell by 34.19 points last week. During that period, the size of the securities (share) market and the total market capitalization has decreased by 57 billion rupees. When the market closed last Wednesday, the total market capitalization remained at 43 trillion 62 billion 8578 million rupees.
This is 56.84 billion rupees less than last Thursday. At the close of business on Thursday, the total market capitalization was 44 trillion 19 billion 706 million rupees. The total market capitalization is calculated by multiplying the total number of shares listed on the secondary market by the market price on the same day. Total market capitalization therefore shows the size of the stock market at a given time. In general, when the listed company share price increases, the total market capitalization also increases and when it decreases, it decreases. Last week there were only four days of business. Last Thursday was a public holiday on the occasion of Labor Day and there was no share trading.
In the four trading days of last week, a total of 952 million 60 thousand 701 shares were bought and sold, with a total of 36 billion 73 million 81 million 63 thousand rupees. As the NEPSE index fell, the turnover decreased. Like the previous week, last week too, hydroelectricity remained dominant in stock trading. According to NEPSE, the turnover of hydropower group is 13 billion 376 million rupees more than financial institutions and insurance.
Last week, the shares of hydro power sub-group alone were traded worth 20 billion 43 crore 95 lakh 22 thousand rupees. Banking, debenture, development bank, finance, life insurance, microfinance and non-life insurance (financial institutions and insurance) subgroups have a total turnover of 7 billion 63 million 79 thousand rupees. In the previous week, there was a turnover of 20 billion 1 crore 44 lakh rupees in hydropower. In that week, the shares of banks and financial institutions and insurance worth 8.5 billion rupees were bought and sold.
Last week, along with the overall decline of the NEPSE, the indices of most of the subgroups also decreased. Last week, hydropower, trade and mutual fund indices rose only. Last week hydropower increased by 25.14 points. On Thursday of the previous week, the hydropower sub-group closed at 3481.77 points. On Wednesday of last week, the index of hydropower sub-group closed at 3506.91 points. According to the data of NEPSE, business like hydropower has increased by 67 points and mutual fund by 0.02 percent.
Last week, indices of banking, hotel and tourism, manufacturing and processing sub-groups fell. During that period, the index of the banking sub-group decreased by 30.75 points. The index of the banking sub-group, which closed at 1334.96 points last Thursday, closed down at 1304.21 points last Wednesday. During the
period, the index of hotel and tourism sub-group decreased by 63.56, others 63.75, development bank 122.06, production and processing 86.35, non-life insurance 107.89, finance 52.06, finance 114.93, life insurance 115.05 and investment sub-group decreased by 1.57 points.
