NEPSE reaches all time high

Kathmandu: The Nepal Stock Exchange (NEPSE) has increased by 54.31 points today by taking the index at 3058.63 points on the first trading day of the week.

The sensitive index also increased by 11.74 points and reached 574.02 points.

The sole secondary market of the country which had seen slight improvement last week recorded a remarkable increase in Sunday’s turnover. Today’s turnover was 43,939,212 unit shares of 223 companies which were traded for Rs 14.232 billion.

Among the 13 sub-categories traded, 11 posted an increase in the secondary market.

The hotels and tourism sector witnessed a decrease of 22.5 points while mutual funds recorded a decrease of 0.24 points.

Likewise, the banking sector increased by 72.14 points, trade by 2.71 points, development banks by 13 points, microfinance by 71.6 points, non-life insurance by 48.42, productive sector by 71.86 points, hydropower by 86.23 points, life insurance by 30.86 points, investment by 0.04 points and others by 6.6 points.

Nepal Bank Limited (NBL) topped the list in terms of turnover. The NBL recorded a turnover of Rs 497,665,182.

According to the NEPSE, the shares of Bishal Bazaar Company, Ngadi Group of Power, Support Microfinance, Radhi Hydropower company, Panchakanya Mai Hydropower, Kalika Power Company, Joshi Hydropower Company, Universal Power and Himalayan Energy Development remained locked in the positive circuit limit of 10 per cent each.

Laxmi Unnati Kosh’s share, however, declined by 3.95 per cent, Kumari Equity Fund by 3.70 per cent and Laxmi Bank’s bond by 3.30 per cent.
Today’s market capitalization, after the end of the trading day, reached over Rs 4254 billion, the NEPSE said.