The NEPSE rose by 31.12 points on Sunday, 42.26 points on Tuesday, and 9.23 points on Thursday, but fell by 9.43 points on Wednesday.
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The Nepal Stock Exchange (NEPSE) index rose by 9.23 points on Thursday, the last day of weekly trading. The NEPSE index, which had risen continuously for the previous four trading days, had fallen by about 9.5 points on Wednesday.
However, on Thursday, the NEPSE returned to its previous rhythm and increased by about 9.5 points. Compared to Wednesday, the NEPSE closed at 2,714.61 points on Thursday, up 0.34 percent.
Due to a one-day public holiday, the stock market was open for only four days this week. In which, the NEPSE increased on three days and decreased on two days. In three days, the NEPSE increased by 82.61 points and decreased by 9.43 points on one day. Thus, the NEPSE increased by 73.18 points in the entire week.
Candidates were registered for the House of Representatives elections to be held on 21 Falgun on Tuesday. This enthusiasm means that the elections will be held on time. Brokers say that investors are excited after the election process is underway. They say that investors have increased their investment in shares in the hope of a new government and political stability after the election.
The stock market in Nepal has seen a positive reaction during every election. Meanwhile, the positive impact of the upcoming elections is also being seen in the stock market, according to sources. They say that the same trend continued on Thursday as well.
Out of the companies that traded on Thursday, the share prices of 162 companies increased, while the prices of 88 companies decreased. And, the remaining 10 companies remained stable. Investors of 162 companies made profits on that day. The increase in the share prices of these companies increased the value of the shareholders' assets.
After the share prices of SY Panel, Srinagar Agritech and Trishuli Hydropower companies increased by 10 percent each, NEPSE had installed a circuit breaker to control the trading. But on Thursday, shareholders of 88 companies suffered losses. Of these, the share price of Kalika Power Company fell the most by 6.25 percent. Including this, the value of shareholders' assets decreased after the share prices of 88 companies decreased.
A total of 19 million 75 thousand 756 shares were bought and sold on Thursday in a total of 94,174 share transactions. Shares worth Rs 9.739 billion were traded in those purchases. The transaction amount increased compared to the previous day. Shares worth Rs 8.9236 billion were traded on Wednesday.
Of the 13 subgroups that were traded that day, the indices of the banking, collective investment funds and trade subgroups decreased. The indices of all the rest increased. Accordingly, the index of the banking subgroup decreased by 0.31 percent, that of collective investment funds by 0.07 percent and that of the trade subgroup by 1.16 percent.
However, the index of the development bank subgroup increased by 1.51 percent, that of finance companies by 2.38 percent, that of hotels and tourism by 1.26 percent, that of hydropower by 0.86 percent, that of investment by 0.09 percent, that of life insurance by 0.02 percent, that of production and processing by 1.35 percent, that of microfinance by 0.36 percent, that of non-life insurance by 0.23 percent and that of others by 8.90 percent, according to Nepse.
With the increase in NEPSE, the size of the stock market has increased by 15 billion rupees on Thursday. Accordingly, the total market capitalization, which was 4542 billion rupees last Wednesday, has increased to 4554 billion rupees on Thursday.
