NEPSE index at all time high, witnesses increase in volume of transactions
The stock market has scaled a record high on the first trading day of the new year 2078 BS. NEPSE, which had increased by 20 points on Thursday, reached 2735 points by breaking all previous records.
Nepse, which closed at 2714.79 points last Tuesday, has risen by 20.61 points on Thursday and reached 2735.40 points. During the trading hours, Nepse had risen to 38 points. The improvement in the Nepse index has also led to an increase in the transaction amount. A total of 19 million shares worth Rs 8.63 billion have been traded from 95,737 transactions of 218 companies on the day.
In the market, the index of all development groups except hydropower and trade group has increased by 3.12 percent. The business group was the biggest loser at 2.53 percent. Out of 13 groups, the index of 11 groups has increased while the index of the remaining 2 sub-groups has decreased.
Shares of eight companies traded at positive circuit levels on Thursday. Shares of NIC Asia Microfinance, Jyoti Life Insurance, Mahila Microfinance, Green Development Bank, Chyangdi Hydropower and Karnali Development Bank traded at positive circuit levels while the share price of Best Finance rose by 10 percent.
The companies in the list of top losers include National Microfinance, Multi Proposal Finance, Miteri Development Bank, Salt Trading Corp., Swabhiman Microfinance and Mithila Microfinance. The share price of these companies fell by three percent.
NIC Asia Microfinance, NIFRA, NIC Asia Bank, Nabil Bank and Nepal Bangladesh Bank had highest turnover on this day. NIC Asia Microfinance had a turnover of around Rs 500 million.