After attaining the purpose of 2700, Nepse returned and began circuit in 5 corporations

After reaching the point of 2700, Nepse returned and started circuit in five companies

November 28, 2078 15:32 VikasNews

Kathmandu. The stock market has crossed the 2700 mark on Sunday. The Nepse index, which measures share turnover, fell by 1.38 points to 2688.92 points. Which is 0.05 percent less than the previous transaction.

The index, which had been fluctuating since the start of trading, had risen to 2,704 points at around 2.45 pm. After that it dropped again and finally dropped to 2688 points.

The transaction amount has also decreased along with the market index. Shares worth Rs 5.11 billion were traded in the market last Thursday, while only Rs 4.9 billion was traded on Sunday. A total of 230 scripts were traded in the market during the day. Out of which, Mahalaxmi Development Bank has had high turnover. Shares of the bank worth Rs 273.9 million were traded on the same day.

Similarly, there is a circuit in the shares of 5 different companies in the market. Out of which 4 companies have positive circuit while the remaining one company has negative circuit.

Bottlers Nepal (Terai), Manushi Microfinance Financial Institution, Tehrathum Power Company and Mahalakshmi Development Bank are among those who have positive circuit. Out of which, the share price of Bottlers Nepal has increased by 10 percent and reached Rs. 11,825 per share. Similarly, the share price of both Manushi Microfinance and Terhathum Power rose by 9.99 percent to Rs 1,021 and Rs 439 per share, respectively. Similarly, the share price of Mahalakshmi Development Bank has risen by 9.87 percent to Rs 785 per share.

Shares of HIDCL, on Sunday, had a negative circuit. The company’s share price fell 10 percent, or Rs 35, to Rs 315 per share.

A total of 13 groups were traded in the market. Out of which 7 groups are seen as green and 6 groups are seen as red.


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