NEPSE Index Increased by 6.83 Percent in One Year

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NEPSE Index Increased by 6.83 Percent in One Year

KATHMANDU: The NEPSE index increased by 6.83 percent in one year. According to the Nepal Stock Exchange (NEPSE), the NEPSE index which was 2097.09 points on the last trading day of the fiscal year (2079/80) reached 2240.41 points on the last trading day of the last fiscal year 2080/81 which ended on July 15.

Over the past year, among the 13 group indices traded on NEPSE, four groups experienced declines, while the indices of the remaining groups increased. Investors in the finance group earned the most, with the index of this group rising by 35.26 percent. The index, which was at 1,925.33 points on July 16, 2023, increased to 2604.16 points by July 15, 2024.

In recent months, investors’ interest has particularly focused on shares of companies with a low number of shares, especially within the finance group. Investors attribute this trend to the limited supply of shares from companies with low capital, thus increasing the demand for and attractiveness of finance group shares.

Mutual fund group investors were the second highest earners over the year. The index for this group increased by 34.79 percent, rising from 15.15 points on July 16 of last year to 20.42 points on July 15 this year.

The production and processing group was third in the list of top earners, with its index increasing by 19.34 percent over the year, moving from 5,637.51 points last year to 6727.70 points this year.

The microfinance group saw its index rise by 18.99 percent, from 449.56 points last year to 4818.40 points this year, placing it fourth among the highest earners.

Conversely, the life insurance group experienced the most significant decline, with its index decreasing by 10.20 percent over the year. The index dropped from 11,991.15 points last year to 10,767.60 points this year, making investors in the life insurance group the biggest losers during this period.

 

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