NEPSE rises by double digits

KATHMANDU: MAY. 8 – After a long period of decline, the NEPSE index rose today. According to the Nepal Stock Exchange, the trading volume Nepse index has risen by 17.95 points to 2,256.57 points.

The Sensitive Index, which measures the trading volume of large corporations, increased by 3.80 points to 436.35.

A total of 33,41,214 shares of 233 companies were traded, valued at Rs 1.32 billion 64.21 million 672. After the first day of trading, the market capitalization had reached Rs. 32.10 billion 30.36 million 90 thousand.

Out of the total 13 subgroups traded, share prices of two subgroups declined today. Banking declined by 2.54 points and microfinance by 0.03 points. Similarly, trade 4.91, hotel and tourism 71.97, development bank 108.62, hydropower 66.4, finance 53.56, non-life insurance 9.49, manufacturing 11.57, others 35.86, life insurance 38. 58, collective investment fund 0.07 and investment 1.49 points.

Citizens Investment Fund tops the list in terms of turnover. The organization had a turnover of Rs. 75.35 million. Himalayan Distillery Rs. 46 million 78 thousand 355, Nabil Bank Rs. 4,15,48,903, NIC Asia Bank Rs. 36.7 million 90 thousand 867, Arun Valley Hydropower 35.881 million 904 all managed to fall within the top five.

According to NEPSE, the share price of Jalpa Community Microfinance has increased by 10 percent and has started a positive circuit. Investors in Ghalemdi Hydro Power gained 8.82 percent, Mountain Energy Nepal 8.66 percent, Himalayan Energy Development Company 7.58 percent and Shree Investment Finance Company 7.08 percent.

Similarly, investors in Unnati Sahakarya Laghubitta Bittiya Sanstha lost 4.92 percent, NIC Asia Select Fund 4.06 percent, Asian Life Insurance 3.54 percent, Ruru Hydropower Project 3.12 percent and Garima Bikas Microfinance lost 2.57 percent.