KATHMANDU: The share market witnessed a surge of 9.44 points, leading the Nepal Stock Exchange (NEPSE) to stabilize at 2085 points after this gain on Tuesday, the third trading day of the week.
Alongside the increase in points, there is also an improvement in the trading volume.
The business volume on this day reached Rs 2.59 billion, slightly higher than the Rs 2.43 billion recorded on the previous day. Among the 181 companies, 57 saw an increase in their value, while 9 remained stable.
The Banking sector observed a rise of 2 points, Development Banks 34, Finance Companies 5, Hotels and Tourism 40, Hydropower 20, Life Insurance 79, Manufacturing 62, Microfinance 30, and Non-Life Insurance 114 points. On the other hand, the Other 10 and Trading Groups saw a decrease of 15 points.
The Samaj Microfinance experienced a 10% increase in value. Gurans Microfinance increased by 9.4%, United Finance by 7.4%, Dordi Khola by 6.9%, Union Hydropower by 5.7%, Karnali Development Bank by 5.6%, and Trishuli Jalvidyut by 4.9%.
Samling Power witnessed a 10% decrease, and after a 10% increase yesterday, Nepal Telecom’s value dropped by 5%, settling at Rs 903. The previous day, its value had reached Rs 951.50.
The value of Mid-Solu Hydro Power decreased by 2%. Based on the trading volume, Himalayan Reinsurance, Mountain Energy, Nepal Reinsurance Company, Nepal Telecom, and Hathway Investment Company are currently leading.
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