Share Market Continues To Boom

The share market, which has been rising since Sunday, has also posted a double-digit growth on Thursday, the last trading day of the week.
The benchmark of share market index, NEPSE, increased by 12.98 points (0.47 per cent) to close at 2,782.12 points today.
The index has increased by 225.11 points in the last five trading days of the week. NEPSE index had increased by 27.61 points on Sunday, 87.63 points on Monday, 78.82 points on Tuesday and 18.06 points on Wednesday this week.
The sensitive index which measures the performance of group ‘A’ companies also increased by 4.43 points to close at 521 points.
Even though the NEPSE increased, the daily transaction amount has decreased on Thursday compared to Wednesday’s transaction.
Shares worth Rs. 5.39 billion have been bought and sold on Thursday while shares worth Rs. 6.61 billion had been traded on Wednesday.

A total of 9,236,613 shares of 222 companies worth Rs. 5.39 billion were bought and sold in 59,140 transactions on Thursday.
Sub-index of the microfinance group saw the highest growth of 129.57 points, followed by non-hydropower and development bank whose indices increased by 65.3 points and 50.57 points respectively.
The sub-index of trading has increased by 5.84 points, finance by 13.88 points, non-life insurance by 3.23 points, others by 45.93 points and investment by 0.31 points.

However, the sub-index of life insurance has decreased by 87.68 points, manufacturing and processing by 51.11 points, hotels and tourism by 36.95 points, banking by 8.25 points and mutual fund by 0.11 points.
Share price of Ridi Hydropower Company has increased by 10 per cent, Manakamana Smart Laghubitta Bittiya Sanstha by 9.39 per cent, Himalayan Power Partner by 9.24 per cent and Jeevan Bikas Laghubitta Bittiya Sanstha by 8.57 per cent.

However, the share price of NMB Hybrid Fund has decreased by 3.18 per cent, Gurans Life Insurance Company by 2.69 per cent and Citizen Mutual Fund 2 by 2.67 per cent.

Source : TRN,