Kathmandu, Apr. 25
The Nepal Stock Exchange (NEPSE) index on Wednesday continued its upward trend with a record high rise of 21.07 points to close at 409.41 points.
The capital market has shown such an increasing trend for the last several transaction days after the recent positive development in the country’s peace process.
Because of a significant increase in the index, the operation in the capital market was suspended for three times. The market remained open only for about an hour on Wednesday.
Together with the increment in NEPSE index, transaction volume and number of shares has also grown on Wednesday as compared to Tuesday.
A total of 145,289 shares of 64 companies worth Rs. 54,171,322 were traded in 453 transactions on Wednesday’s transactions. Altogether 134,880 shares of 68 companies worth Rs. 53,631,431 were traded.
On Wednesday’s transaction, all the sub-indices of all sub-sectors, except for the finance group, grew.
The sub-index of the hydropower group recorded the highest growth of 40.69 points followed by the banking group (30.96), ‘others’ (11.74) and development bank (5.49) to close at 633.82 points, 402.3 points, 571.01 points and 262.62 points, respectively.
Similarly, the sub-indices of the insurance and trading groups grew by 4.71 points and 1.35 points to close at 439.05 points and 196.19 points, respectively.
Shareholders of Standard Chartered Bank Limited, Grand Bank Nepal Limited, Bank of Kathmandu Limited, Citizens Bank International Limited and Sunrise Bank Limited were the top five gainers on Tuesday’s transactions.
Bank of Kathmandu Limited, Nabil Bank Limited, Standard Chartered Bank Limited, Nepal Investment and Commercial Bank Limited and Laxmi Bank Limited were the main five companies in terms of transaction amounts.