Nepal Share Market: Increase in Double Digits, Closes At 1392.68 points
N24 Staff Writer, KATHMANDU: On the first trading day of the week, NEPSE index has risen by double digits. According to Nepal Stock Exchange, the NEPSE index has risen by 11.31 points to close at 1,392.68 points. Similarly, the Sensitive Index increased by 1.46 to 291.02 points. A total of 3.21 million shares of 187 companies were traded, with the total turnover of Rs 977.89 million.
Of the total 12 subgroups traded, shares of only one subgroup decreased while eleven remaining subgroups rose. Hotels decreased by 27.47 points. Hydropower rose by 3.05 points, collective investment funds by 0.21 points, Banking by 7.92 points, trade by 11.88 points, development banks by 7.67 points, finance by 7.11 points, non-life insurance by 103.48 points, manufacturing/production by 15.27 points, others by 9.56 points, microfinance by 14.58 points and life insurance by 129.56 points.
Ajob Insurance Limited (AIL) is in the top position in terms of turnover. The company had a turnover of Rs. 92.14 million. Similarly, Nepal Reinsurance Company (NRIC) had Rs. 89.11 million, Nepal Life Insurance Company (NLIC) had Rs. 72.39 million and Nepal Bank Limited (NBL) had Rs. 47.22 million.
Similarly, Ajob Insurance Limited (AIL) gained 9.88 per cent, Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL) 9.82 per cent and Nepal Bank Limited (NBL) 6.48 per cent.
Likewise, Ganapati Laghubitta Bittiya Sanstha Limited (GMFBS) lost 3.85 per cent, Aarambha Chautari Laghubitta Bittiya Sanstha Limited (ACLBSL) 3.76 per cent and United Hydropower Company Limited (UNHPL) 3.57 per cent.