This week the market broke the highest record of last year. Last Tuesday, the stock market reached three thousand two points.
What you should know
This week, the NEPSE index, which measures stock trading, fell by 60 points. In the week, NEPSE decreased by 2.01 percent to 2922.63 points. According to NEPSE, the market which was at 2982 last Thursday fell to 2922 this week.
This week the market broke the highest record of last year. Last Tuesday, the stock market reached three thousand two points. Earlier on July 31, 2081, NEPSE reached 3000 points and went down. This week, while there were five days of trading, NEPSE decreased on three days and increased on two days. After falling 18.44 points on Sunday, the market rose 7.10 points on Monday. 30.76 points on Tuesday
increased by 47.93 points on Wednesday and decreased by 31.50 points on Thursday. The size of the stock market (total market capitalization) has decreased by Rs. The total market capitalization which was 49 trillion 77 billion 487 million rupees on Thursday has remained at 48 trillion 76 billion 900 million 89 million rupees on Thursday. This week, the share price of 42 companies increased, while the price of 208 companies decreased, according to NP Stocks.com.
This week, 96 shares worth 89.79 million rupees have been bought and sold. According to NEPSE, there was a turnover of 26.57 billion on Sunday. This is the highest transaction amount since August 2, 2081. 19.36 billion on Monday, 18.52 billion on Tuesday, 16.44 billion on Wednesday and 15.98 billion on Thursday. Manufacturing and processing, other, trade and development bank sub-groups only rose this week. According to NP stocks, manufacturing and processing increased by 1.80%, others by 1.54%, business by 0.16% and development bank by 0.06%. Among the decreasing subgroups were hotels and tourism, life insurance, non-life insurance, and investments.
This week, the share prices of Trade Tower, Sanvi Energy, Samata Home Finance, Saptakoshi Development Bank, Himalayan Distillery, Muktinath Krishi, Sikless Hydropower, Green Development Bank, Corporate Development Bank and Mailung Jalvidyut increased. Investors in these companies saw their share prices rise.
Butwal Power Company, Upper Solu Hydro, Manushi Laguvitta, Vindhyavasini Hydropower, Chandragiri Hills, Rapti Hydro & General, Mountain Hydro, Shwetaganga Hydro & Construction, Manakamana Engineering Hydro and Sanima Middle Tamor share prices fell.
Himalayan Reinsurance shares have been bought and sold the most this week. According to NP Stocks, the share turnover of this reinsurance alone is 4 billion 38 crore 21 lakh rupees. Shares of Shivam Cement 3.685 million rupees, Himalayan Distillery 3.36 million 88 million rupees, Nepal Reinsurance 3.116 million rupees, Ngadi Group Power 2.63 million 39 million rupees have been traded.
Similarly, shares of Green Ventures worth 2.44 billion 43 million, Lumbini Development Bank 2.34 billion 8 million, Kalika Power Company 1.81 billion 9 million, Radhi Electricity Company 1.81 billion 9 million and Sanima Mai Hydropower 1.68 billion 87 million rupees have been traded.
