May 19, 2024
On the first trading day of the week, the NEPSE index closed with a significant increase of 2.26%, rising by 45.69 points to reach 2064.45. This surge was influenced by recent changes from the Nepal Rastra Bank, which now allows banks and financial institutions to sell up to 20% of their primary capital investments made over a year, a substantial increase from the previous limit of 1%. This regulatory change has positively impacted the market, attracting corporate players and boosting trading activity.
The market saw a total turnover of NPR. 5,251,024,786.63, with 12,240,802 shares traded across 74,991 transactions involving 323 scrips. The Sensitive Index also increased by 8.39 points, while the Float Index and Sensitive Float Index rose by 3.33 and 2.86 points, respectively.
Four stocks hit the positive circuit level on Sunday: Aatmanirbhar Laghubitta, Sabai Ko Laghubitta, Samudayik Laghubitta, and Nerude Mirmire Laghubitta. Himalayan Laghubitta also saw a notable price increase of around 8.5%. Conversely, Mandu Hydropower’s shares were traded at the negative circuit level.
In terms of trading volume, CEDB Hydropower Development Company led the market with shares worth NPR 14.80 crores traded. First Microfinance had a trading volume exceeding NPR 11.50 crores, and Himalayan Life Insurance saw transactions worth over NPR 11 crores.
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