NEPSE increased by 17.24 points, turnover above 4 billion

Jan Sun 2023 01:47:54

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NEPSE increased by 17.24 points, turnover above 4 billion

Kathmandu. The stock market index NEPSE, which has seen sharp fluctuations throughout the trading period, has closed with a double-digit increase. On the first trading day of the week, the NEPSE increased by 17.24 points (0.85 percent) and closed at 2046.26 points.

Due to sharp fluctuations in NEPSE, the transaction amount has also increased. With the formation of the new government, the trading amount also exceeded 4 billion when the investors booked profits in the market which increased during the initial period last week and Sunday. The NEPSE, which reached its highest point in four months last Thursday, increased by 54 points to reach 2083.19 points on Sunday's 'intra-day'.

The NEPSE, which was at 1867.21 points on December 7, had increased by about 216 points when it reached the high point of the 'intra-day' last week and Sunday. After the high growth in NEPSE in a short period of time, investors tried to book profits, NEPSE, which increased by more than 54 points on Sunday, finally closed with an increase of 17 points due to correction. Which has also increased the transaction amount on Sunday. 4 billion 488 million 80 thousand was traded in the stock market on Sunday.

Although the NEPSE increased by double digits, the financial companies and development bank sub-indices declined. While the life insurance sub-index increased by 2.99 percent, the development bank sub-index decreased by 0.04 percent and the finance company sub-index decreased by 0.20 percent.

On Sunday, Nabil Bank had a turnover of 232 million 57 lakh 49 thousand while the turnover was above 4 billion. Similarly, the turnover of Nepal Telecommunication Company was 198.88 million 1 thousand and Himalayan Distillery was 158 million 31 thousand.

A total of 212 companies' shares were traded in NEPSE on Sunday, and the share prices of 121 companies increased. Similarly, while the share price of 87 companies decreased, the share price of 4 companies remained stable. Among the transactions on Sunday, the share price of Shreejansheel Lagufitta increased by 10 percent, while the share price of Khaptad and Dhaulagiri Lagufitta increased by 9.99 percent and closed at the positive circuit price. Similarly, the share price of Ajod Insurance and Prabhu Life Insurance increased by 9.98 percent and closed at positive circuit prices.