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NEPSE: Stock market closed at 2100 points

NEPSE

Kathmandu, July

On Tuesday, the NEPSE stock market index closed at 2100 points. Trading was suspended for a while due to two positive circuit breaks, but after the second break, the market recovered.

The stock market, which closed at 2053 points the previous day, rose 47 points to 2100. As the power equation changed, NEPSE increased by 4 per cent less than 2 minutes after the start of trading. After opening for the second time, the market increased by 5 per cent. When the second circuit broke, NEPSE reached 2162 points.

After 40 minutes, the market opened at 12:01. After a sudden increase in selling pressure, the market fell to 2,087 points at 12:10 pm. Finally, when the market closed, it rose 47 points to 2100 points. A total of Rs 4.57 billion was traded throughout the day. The previous day there was a turnover of Rs 2.99 billion.

Sectors like Banking increased by 3.03 per cent, manufacturing by 3.3 and business group by 3.12 per cent. Then, Development Bank increased by 2.01 per cent, Finance by 2.11, Hotel and Tourism by 1.09, Hydropower by 1.8, Investment by 2.3, Life Insurance by 2.17, Microfinance by 1.45, Non-Life Insurance by 2.43 and other group indicators by 1. 73 per cent.

The price of Himalayan Distillery increased the most by 8.5 per cent. The cost of Samaj Lagufitta increased by 6.9 per cent, Goodwill Finance by 5.7 per cent, and National Hydropower by 5.5.

The price of Upakar Laguvitta decreased by 6.4 per cent, Himalaya Energy Development Company by 6.2 per cent, and Bindhyabasini Hydropower by 2.1 per cent.

Based on turnover, NRN Infrastructure, Goodwill Finance, United Idi Mardi, Himalayan Reinsurance and Himalayan Distillery were ahead respectively.

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