History break the NEPSE from 1184.53 points to 3198 points, How ?

Oct Thu 2021 03:30:11

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History break the NEPSE  from 1184.53 points to 3198 points, How ?

History break Nepal Stock Exchange (NEPSE) from July 2018 to August 2021, the index increased from 1184.53 points on July 1, 2018 to 1249.93 points on October 24 of that year. On February 18, 2019, the index dropped to 1102.51 points. On May 7, 2019, the index reached 1301.28 points.

On January 1, 2020, the index reached 1169.5 points. It then reached 1200.69 points on January 6, 1310.23 points on January 16 and 1504.14 points on February 23. The index had risen to 1632.17 points on February 27. While at this time the dividends provided by the companies were already distributed.

On June 29, 2020, the index dropped to 1188.70 points, after which Nepse, which started flying, kissed 3198.60 points.

According to Nepse, the index increased to 1479 points on July 19, 2020, to 1510.57 points on September 2, to 1606.25 points on October 22, to 1707.67 points on November 11, to 1810.11 points on November 24, and on November 29, 2018. 27 points and on December 1, 2000.4 points.

Even after the year 2021, the bull market has not stopped. On January 3, 2021, the index reached 2175.39 points. Similarly, the index reached 2235.72 points on January 10, 2315 points on January 17, 2424.84 points on January 24, 2524 points on February 7 and 2601 points on February 16.

Similarly, on April 13, 2021 at 2714.79 points, on May 23 at 2820 points, on June 6 at 2906.89 points, on June 14 at 3025.82 points, on August 3 at 3111.09 points and on August 18 at 3198.6 points. Had arrived.

The indicator had started declining from around 3200 points. During this period, the index had dropped below 25 hundred points. However, the market, which has been growing since this year, is growing by double digits every day. Therefore, it is seen that the market will continue to grow even after the end of the dividend season this year. After receiving the dividend, one has to wait another year to get the dividend from the purchased shares.