The stock market closed at Rs 4.5 billion, up 12 points

Kathmandu, December 23

On Thursday, the last trading day of the week, the stock trading gauge Nepse index has
increased by double digits. The stock market, which has been declining since the first quarterly review of monetary policy in the current fiscal year, has been steadily rising with the tightening of imports by the National Bank.

The Nepse index, which rose by high points on Tuesday and Wednesday, has risen by 12.53
points on Thursday and reached 2,520.23 points. The number and amount of transactions also looked good on Thursday. A total of 83,23,923 shares were traded during the day, bringing the total turnover to Rs. 4,492,266,410.

The Sensitive Index, which measures the trading activity of Class A companies, remained stable on Thursday. Sensitive green has increased by only 0.02 percent. Share prices of many companies did not rise on Thursday as they did on Tuesday. Shares of most companies, including hydropower, development banks and finance companies, fell. Shares of banking, trade, hotel and tourism, microfinance, life and non-life insurance companies rose.

Shikhar Insurance is the number one share price rise on Thursday. The share price of Shikhar has risen by 9.97 percent to reach Rs 1,688. Barun Hydropower is ranked second and Jeevan Vikas Microfinance is ranked third. On the other hand, Gorkhaj Finance, Samling Power Company, Sindhu Development Bank and Himalayan Energy Development Company are at the forefront of the list.

By Karuna Thapa

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