The stock market rose by double digits

The stock market rose by double digits

Kathmandu, May 9

The stock market index Nepse increased by double digits on the second day of the week. To
2268.84 points, the index increased 12.27 points or 0.54 percent.

On Monday, nine of the 13 subgroups traded were green, while four were red. Despite the fact that the market’s total turnover was limited to Rs 1.39 billion, the stock prices of most businesses have climbed.

According to Nepse, 222 businesses’ shares were purchased and sold on the secondary market today, with 114 companies’ shares rising and 71 companies’ shares falling.

One company’s stock price went positive today, and six other firms’ stock prices grew by more than 5%. Jalpa Community Microfinance Company’s stock price increased by 10% today.

Similarly, Mahuli Microfinance’s stock price increased by 7.77 percent. Investors such as
Himalayan Energy Development Company and Self-Employed Microfinance lost money on the secondary market. The company’s stock has dropped more than 3% today.

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