Friday, November 15th, 2024

Investors’ assets surge by 83 billion in a single day, 400 billion post Monetary Policy review


19 December 2023  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: The upward trajectory in the Nepalese Stock Exchange (NEPSE) continues. Investors’ assets are experiencing a notable surge amidst consistent and daily market upswings that have persisted for a substantial period.

NEPSE surged by almost 46 points on Tuesday, reaching 2106.48. Transactions worth approximately 6 billion rupees were executed on this day.

Both the NEPSE index and transaction volumes are concurrently on the rise, indicating a sustained upward trend and a robust market journey.

In line with the daily transaction upsurge, investors’ assets are witnessing daily increments.

A comparison between Monday and Tuesday showcases an impressive surge in investors’ total assets, marking an increase of over 83 billion in just one day.

NEPSE’s total market capitalization stood at 3 trillion 178 billion rupees on Monday. However, it surged to 3 trillion 261 billion rupees on Tuesday.

Following the recent monetary policy review, the market has seen eight days of transactions. If we consider this extended duration, investors’ assets have surged by approximately 400 billion rupees.

Before the monetary policy review, the market’s total capitalization stood at 2 trillion 862 billion rupees. However, on Tuesday, it surpassed 3 trillion 261 billion rupees.

Publish Date : 19 December 2023 19:21 PM

The Growing Siege on China’s Citizens’ Freedom to Travel

In an escalation of state control, China has tightened its

Mayor Balen accuses federal govt of politicizing Kathmandu’s waste management

KATHMANDU: Balen Shah, the Mayor of Kathmandu Metropolitan City (KMC),

President Paudel leaves for Kathmandu from Doha

DOHA: President Ram Chandra Paudel has left for Kathmandu from

Weather to remain mostly fair today

KATHMANDU: Local and westerly winds are currently affecting the western

Darchula jeep mishap: Death toll reaches 8

DARCHULA: The death toll from the jeep accident in Darchula