After NEPSE increased, the size of the stock market increased by 39 billion on the same day, while the share price of 191 companies increased, 56 decreased and one remained stable.
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The NEPSE index, which measures stock trading, rose by 23.19 points on Monday. Compared to the previous day, the overall NEPSE increased by 0.88 percent and closed at 2,653.09 points. The NEPSE, which had fallen continuously for the previous four trading days, rose by double digits on Monday.
Last Tuesday, NEPSE decreased by 35.73, Wednesday 11.97, Thursday 5.99 and Sunday 11.06 points. On Monday, the stock market was on the rise since the market opened. In the mid-afternoon, there was a high improvement in NEPSE, but in the end, there was an increase of 23 and a half points.
Although the NEPSE increased on Monday, the NEPSE has decreased on most days in recent weeks. Many have estimated that the stock market will have a positive impact when the interest rate is low and the financial system remains highly liquid. However, the market has been showing a trend contrary to expectations. Although the necessary indicators for the growth of the stock market are positive, the NEPSE could not increase due to the lack of investor confidence.
In order to increase the share market, Rastra Bank has reduced the risk weight of share mortgage loans from 150 percent to only 100 percent. Although the National Bank has reduced the risk burden with the aim of providing positive support to the market growth, its positive effect has not been seen in NEPSE.
However, after NEPSE increased on Monday, the size of the stock market, the total market capitalization also increased by 39 billion to 44 trillion 19 billion. On Sunday, the total market capitalization remained at 43 trillion 80 billion.
On Monday, the share price of 191 companies increased while 56 companies decreased and 1 company remained stable. As there are more companies that are increasing than decreasing among those who have come into the business, there has been a positive contribution to the overall growth of NEPSE.
On that day, 1 crore 75 lakh 1 thousand 802 shares were bought and sold in 78 thousand 848 share transactions. A transaction worth 8 billion 68 crore 93 lakh rupees has been made in those purchases. Compared to the previous day, the transaction amount has decreased. On Sunday, there was a transaction worth 9 billion 136 million rupees in the stock market.
Among the 13 sub-sectors that traded on Monday, indices for hotel and tourism, life insurance and trade declined. After the increase in the index of all other sub-groups, the overall NEPSE has seen a double-digit growth.
