Among the companies whose share prices will increase, there are many companies in the banking sub-group, the index of this sub-group increased the most by 1.68 percent.
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The NEPSE index, which measures stock trading, closed above 2700 points again on Wednesday. After increasing by 22.04 points compared to Tuesday, NEPSE rose to 2,750.90 points on Wednesday. Last Sunday, NEPSE closed at 2700 points. But on Monday and Tuesday, the overall NEPSE fell below 2700 when the market fell. However, it reached the same point again on Wednesday.
Out of the 199 companies that traded on that day, only 49 of them decreased when their share prices increased. Among the companies whose share prices will increase, there are many companies in the banking sub-group. The index of this subgroup increased the most by 1.68 percent.
Along with banking, the index of 11 sub-groups including hydropower, insurance, production and processing increased, but the overall NEPSE increased by double digits. Investors of finance companies and collective investment funds did not earn on that day. The index of that subgroup became negative.
Most of the trading days in recent days have seen an improvement in Nepse. At this time, the National Bank is preparing the final monetary policy for the next financial year. Monetary policy is expected to be favorable for stock market growth. From the beginning, Governor Vishwanath Paudel has been flexible towards the stock market.
Because of this, the investors have estimated that the policy will be modified in the stock market through the upcoming monetary policy, including the limit of personal share loan, risk weight, and have given the same suggestion to the National Bank. Therefore, brokers say that investors' confidence has increased in recent days. However, they say that the market has not increased as expected.
On Wednesday, 1 crore 58 lakh 22 thousand 970 shares were bought and sold in 62 thousand 884 transactions. Shares worth 7 billion 45 million rupees have been bought and sold in those purchases. The turnover has increased compared to the previous day. Shares worth 6 billion 57 crore 41 lakh rupees were traded on Tuesday.
On that day, the price of Barun Hydropower increased the most by 6.21 percent. The price of the company's share has reached 452 rupees. Similarly, the price of Panchkanya Mai Hydropower has increased by 4.28 percent to Rs 406 per share. But the share price of Green Development Bank decreased the most by 4.41 percent and the price per share decreased to 1 thousand 331 rupees.
The price of NMB Hybrid Fund decreased by 3.01 percent to Rs 8 per share. On the basis of transaction amount, Radhi Vidyut is the first on that day.
On Wednesday, shares worth 467.1 million rupees were bought and sold at 790 shares of the company. Butwal Power Company is in the second position based on turnover. According to NEPSE, 834 shares worth 366.7 million shares were traded in the company.
