By A Staff Reporter,Kathmandu, Sept. 3: The stock market, which recorded a big fall in the past few days, has improved significantly on Monday.
The benchmark of the stock market, NEPSE, has recorded a three-digit growth of 127.32 points on Monday, the second transaction day of the week.
With the growth in index, the NEPSE has touched 2,823.25 points. The index had dropped by 53.63 points on September 1.
Similarly, the NEPSE declined by 79.88 points on Sunday, 111.96 points on Tuesday and 36.83 points on Thursday last week.
However, the index slightly increased by 3.80 points on Wednesday. The sensitive index which measures the performance of group ‘A’ companies increased by 22.94 points to close at 503.83 points.
With the significant increase in NEPSE, the transaction amount has also increased. A total of 31,430,048 shares worth Rs. 13.10 billion of 335 companies were bought and sold in 160,579 transactions today.
On Sunday, a total of 26,246,435 shares worth Rs. 10.51 billion of 337 companies had been bought and sold in 130,632 transactions. The sub-indices of all groups increased in today’s transaction.
Sub-index of the life insurance group saw the highest growth of 624.26 points followed by the non-life insurance and hotels and tourism group whose indices increased by 623.27 points and 342.12 points respectively.
Similarly, sub-index of finance group increased by 273.27 points, development bank by 266.89 points, manufacturing and processing group by 239.15 points and hydropower by 178.89 points.
The sub-index of microfinance increased by 167.21 points, trading by 107.59 points, others by 86.26 points, banking by 72.19points, investment by 5.99 points and mutual fund by 0.18 points.
When the share price of 239 companies increased significantly, only five companies tumbled drastically in today’s transaction.
Share prices of seven companies, including National Hydropower Company, Best Finance Company, Sambriddhi Finance Company, Progressive Finance Company, NLG Insurance Company, Reliance Finance, Super Mai Hydropower Company increased by 10 per cent.
Similarly, the share prices of Dolti Power Company and Multipurpose Finance Company increased by 9.99 per cent each while the share price of Kalinchowk Darshan Company increased by 9.97 per cent and Modi Hydropower Company by 9.97 per cent.
However, share price of Laxmi Unnati Kosh has decreased by 4.71 per cent, Mai Khola Hydropower by 3.59 per cent and NIC Asia Flexi CAP Fund by 1.87 per cent.