KATHMANDU: The Nepal Stock Exchange (NEPSE) index has risen 2.5 percent this week.
NEPSE, which closed at 2857.75 points last week, increased by 73.59 points this week and closed at 2931.34 points on Thursday — the last trading day of the week.
The stock market gained this increase in the first three days of the trading week following which there was a slight correction on Wednesday and the market rose again on Thursday.
The Sensitive Index has risen 2.43 percent, the Float Index 2.71 percent and the Sensitive Float Index 2.47 percent this week.
Along with the uphill climb of the stock market in the week, NEPSE also witnessed an increase in the daily average transaction amount, number of shares traded, and number of transactions. The daily average this week showed 15.3 million units of shares amounting to Rs 7.56 billion being traded through 94,754 transactions.
The total market capitalization has also increased by 2.5 percent. The total market capitalization of NEPSE, which was Rs 40.37 trillion last week, has increased by Rs 105 billion and stood at Rs 41.42 trillion on Thursday.
Of the total 13 NEPSE subgroup indices, 10 subgroup indices witnessed gains this week. The banking sub-group index gained the most 3.61 percent. The Banking index, which closed at 1843.38 points last week, increased by 66.58 points this week and closed at 1909.96 points. In terms of points, the index of Life Insurance subgroup increased the most by 515.20 points.
The indices of the three subgroups fell in the week, with the trade subgroup index declining the most at 1.62 percent. The Trade index, which closed at 3188.73 points last week, declined by 51.64 points and closed at 3137.09 points Thursday.
Analyzing the floor sheet, Nepal SBI Bank, NIBL Samridhi Fund 2, NIC Asia Select 30 (Index Fund), Bank of Kathmandu and NMB Hybrid Fund L-1 were the most popular buying stock of the week. Similarly, companies, including Bottlers Nepal (Terai) and Civil Microfinance, among others, have been the most popular sell stocks.
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