The banking group boosted the stock market


July 1, Kathmandu. The overall stock market has increased due to the high growth of the banking group. The NEPSE index rose 16.29 points on Monday. After the increase of that number, NEPSE has remained at 2053 points. A total of 176 companies increased in value, 60 decreased while 11 remained stable. A total of 2 billion 99 million rupees was transacted

The banking index increased the most by 2.04 percent (21 points).  Development Bank 52, Hotel and Tourism 42, Hydropower 15, Life Insurance 52, Microfinance 14, Life Insurance 51, Others 3 and Business Group 4 points increased. Production 13 and finance group indicators fell 20 points.

On this day, the price of Himalaya Energy Development Company increased by 9.7 percent. The prices of Dordikhola Hydropower increased by 8.4%, Corporate Development Bank by 7.5%, Aparhewakhola by 5.6%, Dolti Power by 5.2% and NMB Bank by 4.8%.

The value of Nepal Finance decreased the most by 10 percent. The price of Mailungkhola hydropower decreased by 8.4%, and the price of Manakamana Smart microfinance decreased by 3.4%. On the basis of transaction amount, Nepal Finance, NRN Infrastructure, Janaki Finance, United Idi Mardi, Dordikhola Jalvidyut were ahead respectively.

 

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