Stock market of the week: NEPSE increased on all five days of trading
Kathmandu. In the stock market this week, the NEPSE index, which measures stock trading, has risen for five consecutive days. From Sunday to Thursday, the overall market index increased by more than four decimal points and reached two thousand 676.03 points. According to Nepal Stock Exchange (NEPSE), a total of 60 million 29 lakh 99 thousand 604 shares worth Rs 32 billion 17 crore 13 lakh 36 thousand 189 have been traded throughout the week. On all days except Tuesday, the transaction amount was more than six billion rupees, while Tuesday's transaction was limited to five billion rupees.
On Sunday, the first trading day of the week, NEPSE increased by 39.92 points to 2,600.22 points. On that day, 1 crore 23 lakh 76 thousand 471 shares were bought and sold for Rs 6 billion 19 crore 18 lakh 80 thousand 996. Most of the sub-indices rose except for the collective investment group. People's Hydropower Company Limited fell by 7.56 percent and became the top loser as the shares of Sagar Distillery, Bandipur Cable Car and Jhapa Energy took a positive circuit.
Likewise, on Monday, the NEPSE index rose by 50.44 points and reached 2,650.66 points. On that day, 1 crore 31 lakh 78 thousand 676 shares were traded at Rs 6 billion 98 crore three lakh 66 thousand 743. Nepal Life Insurance stood at the top position with a turnover of Rs 24 crore 81 lakh 51 thousand 546. Investors in Sagar Distillery, Bandipur Cable Car, Swastik Laguvitta and Srinagar Agrotech Industry Limited gained more than nine percent as Jhapa Energy gained 10 percent and went on a positive circuit. Mwilung Energy Limited fell by 4.44 percent.
On Tuesday, NEPSE increased by 5.32 points to 2,655.99 points. On that day, 1 crore 13 lakh 99 thousand 410 shares were traded at Rs 5 billion 77 crore 23 lakh 67 thousand 29. The sub-indices of development bank, life insurance, collective investment fund and business group decreased while other groups increased. The hotel and tourism group rose the most by 1.41 percent.
Express
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