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A positive expansion in Nepal Stock Exchange (NEPSE).

NEPSE increased by 45.88 points showing the great results in many sectors.

BM

Babita Magar

Wed Dec 11 2024

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Today, NEPSE saw a positive growth in the Nepali market compared to the previous day. The value of NEPSE went up by 45.88 points, making it 2,715.71 points. The value of stocks in the market increased by 1.71% compared to the earlier day. A total of 11.386 million shares were successfully traded, worth a total of NPR 5.55 billion. 211 companies are in profit as their share prices went up, whereas 29 companies had their prices fall, indicating a decrease in their stock value. On the other hand, the share prices of 3 companies remained unchanged.

Though NEPSE saw a great change compared to the prior day, many market sectors, except mutual funds, also had a positive growth. Mutual funds dropped slightly by 0.34%, closing at 21.63 points. Among the gaining sectors, the commercial bank sector saw the highest gain of 3.43%, reaching 1,452.83 points. On the other hand, the microfinance sector had the smallest gain of 0.42%, reaching 4,974.34 points. Other sectors that performed well include development banks and finance companies (1.63%), hydropower (1.96%), investment sector (0.79%), life insurance (1.07%), hotels and tourism (1.05%), and trading companies (1.56%). The market is showing healthy growth but not all the sectors performed well. 

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