NEPSE gains by 53 points, daily turnover jumps to Rs. 7.62 billion

The benchmark of the share market index, NEPSE, posted a double-digit growth on Sunday, the first trading day of the week. The NEPSE increased by 52.97 (2.40 per cent) points and closed at 2,257.59 points Monday. The NEPSE index had increased by 84.9 points last week. 

The sensitive index which measures the performance of group ‘A’ companies also increased by 9. 59 points (2.44 per cent) to close at 401.25 points.

According to NEPSE, the sub-indices of all groups increased in Monday’s transactions.

Sub-index of life insurance group posted the highest growth of 220.85 points followed by the manufacturing and processing and non-life insurance group whose indices increased by 174.37 points and 140.48 points respectively.

Similarly, the sub-index of hydropower group increased by 88.30 points, trading by 66.31 points, hotels and tourism by 59.92 points and development bank by 53.84 points. The sub-index of the banking group grew by 44.72 points, others by 33.48 points, finance by 34.44 points and microfinance by 40.13 points.

Similarly, the sub-index of the trading group increased by 1.05 points and mutual fund by 0.34 points. A total of 22,047,327 shares worth Rs. 7.62 billion of 309 companies were bought and sold in 96,274 transactions on Sunday. The share prices of Ridi Power Company and Mandu Hydropower have increased by 10 per cent each while the share price of Himal Dolakha Hydropower by 9.93 per cent, Arun Valley Hydropower by 9.37 points, and Janaki Finance by 9.16 per cent. However, the share price of Prime Debenture 2084 dropped by 4.12 per cent, Balephi Hydropower by 3.68 per cent and NIC Asia Select Fund by 3.05 per cent.