3 years ago
Shares worth around Rs 12 billion have been traded in the stock market last week. This is an increase of about 22 percent compared to the previous week. Shares were traded only four days a week due to public holidays.
Shares worth Rs 11.90 billion were traded during the period.
The daily turnover has also increased to an average of Rs 2.97 billion. Compared to the previous week, the daily turnover has increased by about 53 percent.
A total of 34.60 million shares of 193 companies were traded through 160,000 transactions in a week.
The stock market is open even during the two-year ban period. During this period, the market has grown for most of the day. The transaction amount is also increasing along with the Nepse indicator.
A share broker said that the support of daily trading amount is a positive sign for the upcoming journey of Nepse.
There is a strong possibility of growth in the stock market next week as well," the official said. "This is indicated by the rise in Nepse trading last week."
According to a stock market expert, the exit of Finance Minister Yubaraj Khatiwada will also have a positive impact on the stock market. "Whether he was the governor or the finance minister, Yuvaraj Khatiwada was never positive towards the market," he said.
‘However, there have been some policy reforms during his tenure. The Finance Minister has done the same under the government's pressure. Otherwise, they would not have happened.
'The official claims that the share trading will increase in a few days from Sunday. "The market has already shown this signal on Thursday," he said. "However, the decision to remove the finance minister had not been made during the trading session on Thursday, so investors were confused."
He claims that since Khatiwada's resignation from the finance minister, investors will take it positively. The Nepse index has risen on all days except Thursday in the three-day trading. That is why the overall Nepse index has risen to 1,510.42 points.
Compared to the previous week, the growth of Nepse is 3.32 percent. More than half of the total turnover of the week has been bought and sold of the insurance companies only.
