Stock market rises for five days, NEPSE rises 115 points

Last week, 62.98 million shares were traded, with a turnover of Rs 32.16 billion. All subgroups increased this week, according to NP Stocks.

Mangshir 14, 2082

Kantipur Reporter

Stock market rises for five days, NEPSE rises 115 points

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The NEPSE index rose by 115.74 points last week. The NEPSE index, which measures stock trading, closed at 2,676.03 points after a 4.52 percent increase. Last week, the share prices of 239 companies increased while 19 companies decreased. Overall, the increase in prices of more companies than those decreasing contributed to the overall NEPSE growth.

 

With five trading days in the week, NEPSE increased on all days. NEPSE increased by 39.92 points on Sunday, 50.44 on Monday, 5.32 on Tuesday, 9.61 on Wednesday and 10.43 on Thursday. Last week, 62.98 million shares worth Rs 32.16 billion were traded. All subgroups increased this week, according to NP Stocks. 

The manufacturing and processing subgroup increased the most, while the trade subgroup increased by only 0.20 percent. Manufacturing and processing increased by 7.24, life insurance by 7.10, hotel and tourism by 6.71, non-life insurance by 5.48, banking by 5.24, investment by 4.85, microfinance by 4.22, others by 3.79, development bank by 3.15, hydropower by 2.66 and finance by 2.52 percent. 

Investors in Sagar Distillery, Jhapa Energy, Swastik Microfinance, Srinagar Agritech, Bandipur Cable Car and Tourism, River Falls Power, Himal Dolakha Hydropower, Suryajyoti Jeevan Bima, Siddhartha Premier Insurance and Narayani Bikas Bank increased their share prices. Sagar Distillery's share price increased by 61.01 percent and Narayani Bikas Bank's by 10.93 percent.

Investors in People's Hydropower, Dhaulagiri Microfinance, Saptakoshi Bikas Bank, Modi Energy, Unnati Sahabat Microfinance, Mabilung Energy, Bungal Hydro, Sindhu Bikas Bank, Super Madi Hydropower and Mountain Hydro Nepal lost their share prices. People's Hydropower's share price fell by 8.89 percent, Dhaulagiri Microfinance's by 6.07 percent, Saptakoshi Bikas Bank's by 6.04 percent, Modi Energy's by 5.73 percent, Unnati Sahabat Microfinance's by 5.72 percent, Mabilung Energy's by 5.46 percent, Bungal Hydro's by 4.07 percent, Sindhu Bikas Bank's by 4.05 percent, Super Madi Hydropower's by 3.24 percent and Mountain Hydro Nepal's by 2.22 percent. 

Based on the turnover, NRN Infrastructure and Development, Himalayan Reinsurance, Shivam Cement, Nepal Reinsurance, Radhi Vidyut Company, Ngadi Group Power, Nepal Life Insurance, Bandipur Cable Car and Tourism, Himalayan Distillery and Barun Hydropower were the top performers. 

Shares worth Rs 2.491 billion of NRN Infrastructure and Development, Rs 945.8 billion of Himalayan Reinsurance, Rs 892.8 billion of Shivam Cement, Rs 825.3 billion of Nepal Reinsurance, Rs 686.8 billion of Radhi Vidyut Company, Rs 682.2 billion of Ngadi Group Power, Rs 663.8 billion of Nepal Life Insurance, Rs 652.3 billion of Bandipur Cable Car and Tourism, Rs 641.1 billion of Himalayan Distillery and Rs 646.6 billion of Barun Hydropower were bought and sold. 

After the NEPSE rose by 115.74 points throughout the past week, the size of the stock market (total market capitalization) has increased by Rs 194.33 billion. The total market capitalization, which was Rs 429.8 billion on the previous Thursday, stood at Rs 449.3 billion.2 billion on the previous Thursday. Total market capitalization is calculated by multiplying the total number of listed shares by the share price on the same day. An increase in capitalization means an increase in the market price of listed shares. On this basis, an increase in capitalization is analyzed as an increase in the value of the investor's assets.

Kantipur

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