Kathmandu, August 12
The record for share trading volume set the previous day was broken again on Monday, with transactions totalling Rs 27.24 billion. This surpasses the Rs 25.27 billion traded on Sunday.
As the trading volume reached a new record, the NEPSE index rose by 70.81 points, bringing the index to 2,931 points. This marks the highest level in 30 months.
Out of the total traded companies, the prices of 171 companies increased, 68 decreased, and 3 remained unchanged.
Most sector indices saw gains, with the Banking sector up by 2.95 per cent, Development Bank by 3.00 per cent, Finance by 4.81 per cent, Hotels and Tourism by 2.94 per cent, Hydropower by 3.43 per cent, Life Insurance by 5.85 per cent, Microfinance by 1.08 per cent, Non-Life Insurance by 2.97 per cent, Others by 1.00 per cent, and the Trading sector by 4.13 per cent. However, the Investment sector decreased by 0.19 per cent, and the Manufacturing and Processing sector fell by 1.19 per cent.
Stock prices for a dozen companies have increased by 10 per cent, including Surya Jyoti Life Insurance, Himalayan Life, Joshi Hydropower, Rasuwagadhi Hydropower, Swetganga Hydropower, Shubham Power, Vision Lumbini Energy, Sagarmatha Hydropower, Himal Dolakha Hydropower, National Hydropower, Arun Kabeli, and Aankhukhola Hydropower.
However, the stock price of Kuthili Bukri Small Hydropower decreased by 10 per cent. Lakshmi Microfinance saw a 3.8 per cent drop in its stock price, while Himalayan Microfinance experienced a 3.6 per cent decline.
Based on trading volume, Himalayan Reinsurance, Shivam Cement, Nepal Finance, NIFRA, and Himalayan Life Insurance led the market respectively.
