Nepal Stock Exchange (NEPSE) Witnesses Significant Growth in Jestha

- Overview: In Jestha, Nepal's share market has seen a surge of enthusiasm. The total share trading amounted to 1 billion rupees in just one month, with a growth of 113 points on NEPSE.

- Government's Initiatives: The government recently announced policies, programs, and budgets for the fiscal year 2081/82, which has contributed to the positive sentiment in the share market.

- Trading Days in Jestha: NEPSE operates from Jestha 1 to Jestha 31, spanning 21 trading days. Out of these, the market witnessed a decrease on 9 days and an increase on 12 days, leading to an overall increase of 113.4 points during the month.

- Trading Volume: Approximately 1 billion rupees worth of shares were traded daily during the 21 trading days in Jestha. The total share trading for the month amounted to 21.679 million shares, with an average daily trading volume of 1.332 million shares.

- Impact on NEPSE Index:

- First Week: NEPSE gained 19.87 points, averaging a daily increase of 6.62 points.

- Second Week: NEPSE witnessed a significant growth of 45.7 points, averaging a daily increase of 11.42 points.

- Third Week: NEPSE faced a minor decline of 61.96 points, averaging a daily decrease of 15.49 points.

- Fourth Week: NEPSE increased by 8.25 points, averaging a daily increase of 1.25 points.

- Fifth Week (Last 5 Days): NEPSE surged by 34.51 points, averaging a daily increase of 6.90 points.

- Total Market Volume: The total market volume for the fifth week amounted to NPR 28.39 billion, with an average daily volume of NPR 5.67 billion.

This surge in NEPSE indicates a positive market sentiment, fueled by government policies and investor optimism. Despite minor fluctuations, the overall trend remains upward, showcasing a robust performance in the Nepalese share market during Jestha.