On Sunday, the share price of 21 companies increased while 228 companies decreased
What you should know
The size of the stock market (total market capitalization) has shrunk by about 52 billion in a single day after the stock market started falling from high points continuously. The NEPSE index fell by 31 points on Sunday, the first day of weekly trading.
Out of those that came into trading that day, the share price of 21 companies increased and 228 companies decreased. In this way, the size of the stock market decreased by 52 billion 94 million rupees in a single day as there were more companies whose share prices increased than those whose share prices increased.
According to NEPSE, the total market capitalization which was 46.47 billion rupees last Thursday has remained at 45.95 billion rupees on Sunday. Total market capitalization is calculated by multiplying the total listed shares by the same day's share price. A decrease in capitalization means a decrease in the market value of the listed shares. On this basis, the decrease in capitalization is analyzed as a decrease in the value of the investor's property.
After falling by 1.12 percent on Sunday compared to the previous day, the overall NEPSE fell to 2,749.83 points.
On that day, 1 crore 48 lakh 5 thousand 569 shares were bought and sold in 97 thousand 174 transactions. Shares worth 6.6 billion 1.8 million rupees have been traded in this purchase. The turnover has decreased compared to the previous day. Shares worth 8 billion 956 million rupees were traded last Thursday.
Among the 13 sub-groups that came into trading on Sunday, the overall NEPSE declined by a high point after the index of all the sub-groups declined. Among the subgroups where the index declined the most were life insurance, non-life insurance, and development banks. On Sunday, the share price of Unnati Sansahajan Laguvitta increased by 6.77, Asha Laguvitta by 4.16, Machhapuchhre Debenture (8.5 percent) by 3.93, NIC Asia Debenture (2085/2086) by 3.80 and Nabil Balance Fund by 3.36 percent. This means that even when the market goes down, the value of the shareholders of these companies has increased (earned profit).
On that day, the share price of Global IME Sammunat Yojana-2 fell the most by 10 percent. The share price of Prabhu Smart Fund decreased by 7.88%, Citizens Mutual Fund-2 by 7.69%, Nepal Republic Media by 7.45% and Chyangdi Hydropower by 7.07%. That is, the value of the assets of the shareholders of these companies has decreased (loss).
On Sunday, Nepal Re-Insurance Company, Himalayan Re-Insurance, Himalayan Distillery, Nepal Republic Media, People's Power Limited were ahead in the list of the main five companies respectively. On that day, Nepal Re-Insurance Company 454.6 million, Himalayan Re-Insurance 288.88 million, Himalayan Distillery 263.33 million, Nepal Republic Media 21.2 million, People's Power Limited 183.39 million, NEPSE said.
