KATHMANDU – There has been a significant increase in the stock market today, Monday. The Nepal Stock Exchange (NEPSE) index increased by 40.76 points on the second trading day of the week due to the monetary policy announced by Nepal Rastra Bank.
Through the monetary policy, the central bank removed the previous limit of 200 million on share mortgage loans for institutional investors. To implement this arrangement, the National Bank issued a circular last Friday.
As a result, the NEPSE index saw an increase of more than 40 points on Monday, reaching 2796 points. There was considerable buying and selling pressure in NEPSE today, causing the index to fluctuate. It only stabilized and increased towards the end of the trading period.
Today, 163 companies made a profit, while 78 companies experienced a loss. When 40,973,730 shares of 326 companies were traded today, there was a turnover of Rs. 21,864,992,277.
The most traded shares today were of Himalayan Reinsurance, worth Rs. 1.26 billion. Shares of NRN worth Rs. 493.8 million and Sanima My Hydro’s shares worth Rs. 445.1 million were also traded.
Investors in eight companies saw the highest earnings today. Investors of Ruru Hydropower Company, CDB Hydropower Development, Sagarmatha Hydropower, Kutheli Bukhari Hydro, Upper Mailung Khola, Bhagwati Hydropower, Vision Lumbini Energy, and Muktinath Agriculture Company earned a return of 10 percent.
Investors in Nepal Finance lost the most today, with a loss rate of 10 percent. On Monday, the banking group saw a decline of 7.86 percent, Bikas Bank declined by 8.46 points, and Finance declined by 164 points. However, the share prices of the hotel and tourism group increased by 6.69 percent, the hydropower group by 3.09 percent, the investment group by 3.52 percent, and the life insurance group by 3.23 percent.
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