The share market is becoming stronger : The NEPSE index up 2200 points and turnover of 5.31 billion

Jan Mon 2023 03:15:49

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The share market is becoming stronger : The NEPSE index up 2200 points and turnover of 5.31 billion

Kathmandu. The stock market continues to shine. Investors who were always disappointed before the formation of the new government have now become excited. After the new government's Prime Minister Pushpa Kamal Dahal and Finance Minister Bishnu Paudel started taking the necessary steps to improve the capital market, investors became enthusiastic.

The stock market, which reached a record high on August 2, 2078, fell to 1,815 points on October 9. But the market could not decline further from there. It seems that there has been a break in the downward journey since 53 weeks. In the 3 and a half months since then, NEPSE has crossed the height of 328 points. Meanwhile, the size of the stock market has also increased by more than 4 trillion 92 billion.

However, it has been only two weeks since the increasing speed of NEPSE caught up. In the last two weeks, NEPSE has increased by 277 points. NEPSE, which increased by 162 points in the previous week, reached this position after increasing by 115 points last week.

Nepal Stock Exchange (NEPSE) increased by 46.76 points to close at 2211.38 points. On Monday, in the capital market, 1 crore 46 lakh 76 thousand 206 shares of 257 companies listed in NEPSE were bought and sold, with a turnover of Rs 5.31 crore 43 lakh 7 thousand 853 rupees.