Out of the total of 200 companies that came into the business, their share prices increased, 41 companies' share prices decreased, while 10 companies' prices remained stable. In this way, the increase of about 22 points in NEPSE is possible as there are more companies whose share prices increase than decrease.
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On the last day of weekly trading, the stock market, which had fallen by 103 points in the previous two days, improved by 22 points on Thursday. This improvement is linked to the policy changes made by the National Bank on the stock market on Wednesday.
Rastra Bank on Wednesday removed the maximum limit of 25 crores on individual share loans. Previously, the maximum single customer credit limit for margin-type loans from any one or all banks and financial institutions on share securities was 250 million.
Banks and financial institutions can now invest in shares for up to 6 months. Previously, it was a rule that one could only invest in the shares and debentures of organized organizations that have been listed in the Securities Exchange Market (NEPSE) for a period of more than one year. It is reduced to 6 months from one year.
The National Bank has also canceled the provision that only investments up to 20 percent of the primary capital can be sold in one financial year out of the investments that have been purchased for one year. Based on the conclusion that the stock market could not grow due to these arrangements, the National Bank made the policy changes mentioned.
On Thursday, its effect was seen in the stock market. According to this, trading was controlled for 20 minutes through a circuit breaker after the NEPSE increased by more than 4 percent within a few minutes of the market opening. After that, the open market moved forward very slowly. Because of this, NEPSE remained on the growth path throughout the day. It finally closed up by 22.59 points from the previous day. After increasing by 0.88 percent compared to Wednesday, the overall NEPSE closed at 2,582.18 points. Out of
, the share price of 200 companies increased, the share price of 41 companies decreased while the price of 10 companies remained stable. In this way, the increase of about 22 points in NEPSE is possible as there are more companies whose share prices increase than decrease.
On that day, a total of 18 million 30 thousand 77 shares were bought and sold out of a total of 56 thousand 321 transactions. Shares worth 5 billion 27 billion 32 million rupees have been traded in those purchases. Although NEPSE has increased, the transaction amount has decreased compared to the previous day. Shares worth 5.76 billion rupees were traded in the stock market on Wednesday.
Out of the 13 sub-groups that came into trading on Thursday, all indices rose except business. But the business sub-group index decreased by 56.23 points (1.48 percent). However, the index of life insurance sub-group increased by 160.71, non-life insurance by 100.39 and hotel and tourism by 56.96 points, NEPSE said.
On that day, Vidhyavasini Hydropower Company's share price increased the most by 8.21 percent. In terms of turnover, Shivam Cement is the first.
