Kathmandu, July 18 – The capital market, which has been in limbo for a week with the formation of the new government, saw sharp growth on Sunday. On the first day of the Fiscal Year 2078/79, the share market index Nepse has increased by 97.21 points and reached 2980.21 points.
Shares worth Rs 11.63 billion were traded on Sunday. Shares of five companies rose 10 percent on Sunday as all 13 indices traded in the secondary market rose.
A total of 123,045,606 shares of 217 companies were traded in the secondary market on Sunday.
On Sunday, the development bank subgroup and banking subgroup have increased the most. The development bank subgroup increased by 5.05 percent and the banking subgroup increased by 4.71 percent.
Investor Ambika Prasad Poudel said that Finance Minister Bishwas has worked for the capital market which has been waiting after the formation of the new government.
Finance Minister Janardan Sharma had given a positive statement in favor of the share market. Poudel said that the market indicators were positive and new signs were seen in the market as the demand side of banking institutional investors prevailed.
Published Date : 18 Jul 2021
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