NEPSE as Bullish Trend with increased by 142 points in seven days

May Fri 2023 03:46:29

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NEPSE as Bullish Trend with  increased by 142 points in seven days

Kathamnu. The NEPSE index rose for the seventh consecutive trading day. NEPSE, which has been rising since Tuesday of last week, has continued the same pace on this day as well. The NEPSE index has gained 141.78 points in the last 7 trading days. On Wednesday, the NEPSE index rose 16.49 points to 1959.12 points. Similarly, on this day the Sensitive Index increased by 3.58 points while the Float Index increased by 0.90 points and the Sensitive Float Index increased by 0.78 points.

Although NEPSE has increased, the transaction amount has generally decreased on this day. In the market which traded more than 2 billion shares on the previous trading day, 48 lakh 65 thousand shares worth 1 billion 873 million rupees were bought and sold in 34 thousand 841 transactions of 270 stocks on this day.

On this day, shares of two stocks traded in positive circuit levels. On this day, the shares of Atmanirbhar Lagufitta Financial Institution and Unilever Nepal were traded at positive circuit levels. Similarly, on this day the share price of Shivam Cements, Global IME Balanced Fund 1, Swabhiman Laguvitta Financial Institution, United Insurance and Solti Hotel increased by more than 6 percent. 101 stocks fell in value on this day. Out of which, the unit price of Sanima Equity Fund has decreased the most by 3.77 percent.

Shivam Cements is on the top position on this day based on turnover. Shares worth 146 million rupees have been bought and sold on this day. Similarly, about 80 million shares of National Life Insurance were traded on this day. Insurance is closing the books tomorrow for the purpose of general meeting and dividend distribution.

On this day, out of 13 subgroups, the indices of 10 subgroups increased while the indices of 3 subgroups decreased. On this day, the index of manufacturing and processing sub-group increased the most by 4.69 percent. Similarly, on this day, the hotel and processing sub-group index has increased by about 4.5 percent, while the microfinance sub-group index has increased by more than 2 percent.