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Double-digit decline in NEPSE


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2022 Mar 24, 18:17, Kathmandu

The NEPSE index, which measures stock trading in the stock market, has declined even today. On the last day of the trading week, the NEPSE index fell by 16.69 points to close at 2,613.67.

The Sensitive Index, which measures the trading volume of large companies, fell by 6.17 points to 488.94. A total of 52.98 million shares of 224 companies were bought and sold at a price of Rs 3.24 billion. According to Nepse, out of the total 13 subgroups traded, only the share prices of the two subgroups have risen today. Non-life insurance has risen by 127.95 points and life insurance by 370.04 points.

Banking 12.89, Trade 30.64, Hotel and Tourism 43.81, Development Bank 88.49, Hydropower 31.77, Finance 43.36, Manufacturing 84.32, Others 35.23, Microfinance 20.48, Collective Investment Funds declined by 0.08 points and investment by 1.73 points.

After Thursday's trading, the market capitalization stood at Rs. 375.59 billion. Life Development Microfinance tops the list in terms of turnover. The company had a turnover of Rs. 306.397 million. Nepal Telecom Company had a turnover of Rs. 235 million 68 thousand 587, Life Insurance Corporation Rs. 113.1 million five thousand 960, Api Power Company Rs. 103.3 million 45 thousand 347 and Gurans Life Insurance Company Rs. 83.77 million. Stayed in the top spot.

According to NEPSE, the share price of Rashtra Utthan Microfinance rose by 10 percent and started a positive circuit. Investors in Emerging Nepal gained 9.99 percent, United Idi Mardi Hydropower 9.93 percent, Greenlife Hydropower 7.53 percent, and Life Insurance Corporation 5.59 percent. Investors in Nepal Finance 4.67, Smalling Power Company 4.65, Mountain Hydro Nepal 4.16, Malung Khola Hydropower Company 4.07, and Synergy Power Development Company lost 3.94 percent.

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