NEPSE Index Surges Following Flexible Monetary Policy by Nepal Rastra Bank

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Kathmandu, May 19: The Nepal Stock Exchange (NEPSE) index experienced significant growth, driven by the Nepal Rastra Bank’s adoption of a more flexible policy in credit expansion through the quarterly review of the monetary policy for the current financial year 2080/81. This policy change positively impacted the capital market.

Today, the NEPSE index rose by 45.69 points, reaching 2064.45 points. A total of 12.24 million shares from 323 companies were traded 74,991 times, amounting to transactions worth Rs 5.25 billion. All sector sub-indices showed gains, with the life insurance group increasing by 4.38 percent and the non-life insurance group by 3.81 percent.

Four microfinance companies hit a positive circuit today, with their share prices increasing by 10 percent: All Lagu Finance Financial Institutions Limited, Atmanirbhar Lagu Finance Financial Institutions Limited, Community Finance Financial Institutions Limited, and Nerude Mirmire Lagu Finance Financial Institutions Limited.

Conversely, Mandu Hydropower Limited experienced a negative circuit. CEDB Hydropower Development Company Limited had the highest transaction value at Rs 148.83 million, while New Balance Fund-2 saw the highest number of shares traded, with 421,207 shares bought and sold.

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