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NEPSE: Rs 4 billion worth of transactions as index crosses 2,100

NEPSE - Share Price
Image by Peggy und Marco Lachmann-Anke from Pixabay

Kathmandu, January 29

The NEPSE index has crossed 2,100 points, reaching 2,104 points on Monday.

The index went up by 10.26 points as transactions rose to Rs 4.56 billion compared to Rs 3.83 billion on Sunday.

In terms of market performance, 150 companies witnessed an increase in value, while 86 experienced a decrease, and 11 remained stable.

Notably, the ‘Other’ group showed the highest increase at 1.64 per cent, followed by Hydropower with a 1 per cent rise.

Conversely, the banking sector decreased by 0.74 points while the manufacturing increased by 2.18 points, and non-life insurance saw a decline of 12.56 points.

In individual sectors, the Development Bank saw a 2-point increase, Finance registered a rise of 9 points, Hotel and Tourism experienced a growth of 6 points, Hydropower observed a significant increase of 28 points, Life Insurance recorded a substantial surge of 77 points, Manufacturing increased by 26 points and Other sectors witnessed a growth of 28 points.

Union Hydropower, Arunvalley Hydropower, and Mid Solu Hydropower all saw a substantial increase in prices, each rising by 10 per cent. Bindhyabasini Hydropower experienced an 8.7 per cent increase, while Upper Syange recorded an 8.4 per cent increase. On the other hand, the value of Mahuli microfinance witnessed a decrease of 3.4 per cent, and Chandragiri Hills saw a decline of 2.7 per cent.

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