Kathmandu. This week, which has been an exciting one for stock investors, the market has risen by 72.08 points to 2,748.31. 100,841,213 shares have been bought and sold for 47 billion 178,379,884 rupees. Although the market, which had only two days of trading last week, had a negative impact, this week the market has managed to maintain its momentum.
Share traders have been enthusiastic this week as there are rumors that the first quarterly review of the monetary policy to be brought by the Nepal Rastra Bank will be capital market friendly. The abundance of investable funds in banks, falling interest rates, and rumors of a loose monetary policy review seem to have affected the stock market this week.
Although the stock market saw a minor correction on Tuesday and Wednesday this week, the market has managed to take a positive direction overall.
Here are the stocks of the week Market
On the first trading day of the week, i.e. on Kartik 25, the stock market closed at 2,738.06, up 62.54 points. On Sunday, 22,474,281 shares of 325 companies were traded, resulting in a turnover of Rs 9,771,247,073. On that day, while the share prices of 228 companies increased, the share prices of 13 companies decreased, while the share prices of 3 companies remained stable.
Also, the shares of 6 companies had a positive circuit that day, while the share price of Sanima Growth Fund decreased by 6.76 percent.
On the second trading day of the week, i.e. Monday, Kartik 26, the stock market rose by 22.14 points to 2,760.21.
On Monday, 245,57,153 shares of 302 companies were bought and sold, resulting in a turnover of Rs 11.31 billion 52 million 7,127. On that day, while the share prices of 143 companies increased, the share prices of 92 companies decreased, while the share prices of 9 companies remained stable.
Also, on Monday, the share prices of 7 companies had a positive circuit, while the share prices of 1 company had a negative circuit.
The third trading day of the week, i.e. Tuesday, Kartik 27, saw a correction in the stock market. On that day, the market fell by 11.24 points to 2748.96.
On Tuesday, 16.786 million 934 shares of 312 companies were bought and sold, resulting in a transaction worth Rs 7.85 billion 9740 thousand 798. On that day, while the share prices of 80 companies increased, the share prices of 157 companies decreased, while the share prices of 7 companies remained stable.
Also, the shares of 4 companies had a positive circuit that day, while the share price of Goodwill Finance fell by 9.36 percent.
The market continued to decline on the fourth trading day of the week, i.e. Kartik 28. On that day, the market fell by 14.12 points to 2734.83 points.
On Wednesday, 15.362 million 206 shares of 308 companies were bought and sold, resulting in a transaction worth 7.911 billion 19 million 76 thousand rupees. On that day, while the share prices of 99 companies increased, the share prices of 138 companies decreased, while the share prices of 7 companies remained stable.
Also, the share prices of 5 companies had a positive circuit on that day, while the share prices of 1 company had a negative circuit.
On the last trading day of the week, i.e. Kartik 29, the market increased by a modest percentage. On Thursday, the market rose by 13.48 points to reach a point of 2748.31.
On Thursday, 321 companies traded 21,660,639 shares, resulting in a turnover of Rs 10.32 billion, 311,436 crore. While the share prices of 159 companies increased on Thursday, the share prices of 79 companies decreased while the share prices of 6 companies remained stable.
Also, the share prices of 4 companies entered a positive circuit on that day, while the share price of Rava Energy fell by 9.12 percent.
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