Out of 138 companies that came into trading on Wednesday, only 112 companies fell due to the decrease in their share prices. As the share price of many of the companies that came into the business fell, the total market capitalization also decreased.
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Compared to the previous day, the size of the stock market (total market capitalization) has decreased by about 3 billion rupees on Wednesday. Compared to the previous day, NEPSE decreased by about 2 points and the size of the stock market also decreased. On that day, the total market capitalization was 47 trillion 27 billion rupees. On Tuesday, such capitalization was 47 trillion 30 billion rupees.
Out of the 138 companies that came into trading on Wednesday, only 112 companies lost their share prices. As the share price of many of the companies that came into the business fell, the total market capitalization also decreased. The total market capitalization is calculated by multiplying the total listed shares by the market price of the same day.
Wednesday NEPSE has closed up by 1.94 points. The NEPSE, which decreased by 41 and a half points the previous day, fell to a normal level on Wednesday. But along with the NEPSE index, the transaction amount has not been able to support the market. According to which the transaction amount decreased on that day.
On Wednesday, 20 million 1657 thousand 706 shares were bought and sold in 93 thousand 185 transactions. Shares worth 7 billion 63 crore 13 lakh rupees have been traded in this purchase. The turnover has decreased compared to the previous day. On Tuesday, there was a transaction worth Rs 9 billion 33 crore in the stock market.
The overall NEPSE index remained very volatile on Wednesday. The market was up for most of the day's trading. Meanwhile, NEPSE reached 2,856.41 points at 1:47 p.m. After that, the market started to decline, although it tried to hold for some time, it finally fell by about 2 points. The index of investment, microfinance and other sub-groups among those who came into business on this day rose normally.
The index of mutual fund subgroup is stable. The indices of all remaining subgroups decreased. The business sub-group's index rose modestly. The indices of all other subgroups decreased.
Despite NEPSE closing in the red, shareholders of microfinance institutions have always made profits. On that day, Win Nepal Microfinance Company's share price increased by 10 percent and hit a circuit breaker. Share prices of Mahuli Laguvitta, Trade Tower, Samaj Laguvitta and Swabhiman Laguvitta financial institutions have also increased by a high number.
Investors of Three Star Hydropower, Reliable Samriddhi Yojana, Samata Home Finance, Unilever Nepal and Sayapatri Hydropower Company have suffered losses. Based on the transaction amount, Ngadi Group Power is the first on Wednesday. On this day, the company's shares worth only 294.45 million rupees have been traded. Along with Ngadi Group, Himalayan Reinsurance, Shivam Cement, NRN Infrastructures and Balefi Hydroelectricity have become the top five companies with high turnover.
