IME Life New

Market capitalization of insurance companies on NEPSE increased by 21.7%, what is the situation of other groups?

SPIL
Global College
Nepal Life New

Kathmandu. Market capitalization of all sectors in the stock market has increased. This is shown by the data released by Nepal Rastra Bank for the first 7 months of the current fiscal year up to Magh.

According to the data, the market capitalization of insurance companies on the Nepal Stock Exchange of Nepal has increased by 21.7 percent in the last 1 year. The market capitalization of insurance companies was Rs 526.89 billion as of Magh last year, but it has increased to Rs 641.29 billion as of Magh of the current fiscal year.

Crest

There has been a surge in the wealth of investors in the business group during this 1-year period. The market capitalization of the business group, which was Rs 16.43 billion as of Magh last year, has increased by 1,364.3 percent to Rs 240.71 billion as of the review period.

The market capitalization of the finance group has increased by 51.7 percent in the last 1 year. The market capitalization of the finance group, which was Rs 58.55 billion as of Magh last year, has increased to Rs 88.80 billion as of the review period.

Similarly, the market capitalization of the hydropower group has increased by 41.9 percent. The total market capitalization of the hydropower group was Rs 525.62 billion as of Magh last year, but it has increased to Rs 745.59 billion during the review period.

Similarly, during the last 1 year, the capitalization of the production and processing group has increased by 39.9 percent, the investment group by 34.1 percent, the other group by 16.4 percent, the microfinance group by 39.1 percent, the development bank by 41.8 percent, and the hotel group by 21.7 percent.

During this 1 year, the market capitalization of the banking group has increased by 18.8 percent. The market capitalization of the banking group, which was Rs 876.25 billion as of Magh last year, has increased to Rs 1041.15 billion by the review period.

In the last one year, the total market capitalization of NEPSE has increased by 35 percent to Rs 4458.51 billion. As of Magh last year, the market capitalization of NEPSE was Rs 332.84 billion.

In the total market capitalization of NEPSE, the commercial bank group accounts for 53.3 percent, the development bank group for 4.8 percent, the finance company group for 2 percent, the microfinance group for 8.7 percent, the insurance company group for 14.4 percent, the production and processing group for 5.3 percent, the hotel group for 2.7 percent, the trading group for 5.4 percent, the investment group for 7.6 percent, the hydropower group for 16.7 percent, and the other group for 9 percent.

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