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Double-digit decline in Nepse


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2022 Mar 29, 18:33, Kathmandu

The NEPSE index, which measures stock trading in the stock market, has declined by double digits even today. According to the Nepal Stock Exchange, the NEPSE index fell by 14.26 points to 2,527.58.

Similarly, the Sensitive Index, which measures the trading volume of large companies, declined by 2.15 points to 471.93. Along with the downward journey of NEPSE, the transaction amount has also gone down. A total of 3,890,131 shares of 225 companies were bought and sold at a price of Rs 1.75 billion. The market capitalization is equivalent to Rs. 358.68 billion till the third day of the week’s market.

According to NEPSE, out of the total 13 subgroups traded today, the share price of only one subgroup has increased while the share price of 12 subgroups has declined. Hotels and Tourism declined by 25.52 points, followed by Banking 5.54, Trade 0.51, Development Bank 26.35, Hydropower 16.48, Finance 14.96, Non-life Insurance 76.69, Manufacturing 15.01 and others 20.05. Microfinance declined by 34.54 points, life insurance by 219.63 points, collective investment funds by 0.04 points, and investment by 0.09 points.

Shivam Cement tops the list in terms of turnover. The company had a turnover of Rs. 791.99 million. Similarly, Global IME Bank had a turnover of Rs. 726.71 million, Nepal Life Insurance Rs. 659.99 million, Life Development Microfinance Rs. 578.63 million, and Himalayan Distillery Rs. 561.94 million and have remained in the top five.

According to NEPSE, the share price of Emerging Nepal, Nashdo Samridhi Microfinance Financial Institution and Rashtra Utthan Microfinance rose by 10 percent and started a positive circuit. Similarly, investors in Jalpa Community Microfinance earned 4.01 percent, and investors in Samata Domestic Microfinance earned 2.34 percent.

Similarly, investors in NIBL ​​Samridhi Fund II lost 4.73 percent, Mirmire Micro Finance Development Bank 3.68 percent, Nepal Life Insurance 3.67 percent, Jeevan Vikas Microfinance 3.65 percent, and Asha Microfinance 3.55 percent.

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NEPSE Nepal Stock Exchange Tourism Shivam Cement Jalpa Community Microfinance
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