Stock market of this week: 67 points increased after seeing positive indicators in economy

KATHMANDU, April 15: Nepal Stock Exchange (NEPSE), which has been on a downward trend for a long time, has seen an encouraging improvement this week. The stock market has come back in track after the economic situation in the current economic and financial situation published by the Nepal Rastra Bank is looking good. 

Moreover, the decision to bring the interest rate to a single digit from Baisakh has also helped to increase the stock market. The meeting of the Bankers Association had decided to bring the interest rate below 10 percent from Baisakh. After this decision, NEPSE rose by 92 points in one day.

The NEPSE index, which was at 1,867 points last week, has reached 1,934 points with an increase of 3 percent. This week, the index rose on 3 out of 5 trading days.

In this process, the transaction amount has also increased. Shares worth about 6.65 billion rupees have been traded during the week. Whereas, last week shares worth 4.80 billion rupees were traded. NEPSE's capitalization has also increased as both the NEPSE index and turnover have increased. NEPSE capitalization, which reached 2.704 trillion last week, has increased by 109 billion rupees to 2.813 trillion.