Week’s NEPSE index surged by 44 points with trading worth above 7 billion

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The bullish trend of Nepalese secondary market, NEPSE, didn’t showed sign of stopping by this week too. This week, from June 19 to 23, NEPSE index rose by 44.02 points reaching to mark of 1666.29. Similarly, Sensitive index, which gauges the performance of class ‘A’ stocks, ticked up by 9.4 points reaching to 359.39.

Altogether 147 companies’ stock trades were held during the week. In total, 1 crore 90 lakh 94 thousand 5 hundred seventy shares trades worth NRs.7 billion 30 crore 82 lakh 29 thousand were traded through 32,018 transactions. This week’s transaction amount is 15.76 % greater than preceding week’s transaction amount ‘30 crore 72 lakh 48 thousand’.

Based on shares trade volume, Siddhartha Oriental Oriented Scheme with 16 lakh 10 thousand shares trade is on top while based on transactions number National Hydro Power Company is in top with 1,214 transactions.

Besides, this week many companies’ bonus shares got listed in NEPSE. 2 Lakh 38 thousand fifty bonus shares of Nepal Life Insurance, 1 lakh bonus shares of Laxmi Micro Finance, 5 lakh 72 thousand bonus shares of Rural Micro Finance Development Center, 8 lakh 62 thousand 5 hundred seven bonus shares of Premier Insurance, and 7 crore 9 lakh 5 hundred bonus shares of Siddhartha Development Bank got listed in NEPSE index.