Top 10 Trending Stocks of the Week: Microfinance stocks dominate the gainers list

INVESTOPAPER

Nepse gained a total of 89.98 points in the 5 trading days this week. Nepse index climbed by 6.69 percent throughout the week. Mainly, the stocks of microfinance and insurance saw a surge in price. The weekly Nepse index is shown in the table below:

Date Nepse Index Points Change % Change
2/16/2020 1363.98 19.39 1.44%
2/17/2020 1398.24 34.26 2.51%
2/18/2020 1400.01 1.77 0.13%
2/19/2020 1405.25 5.24 0.37%
2/20/2020 1434.57 29.32 2.09%
Total Change 89.98 6.69%

Likewise, the turnover amount has also been encouraging which shows the growing confidence of investors in the share market. The table below shows the list of 10 stocks that remained top gainers this week. Kalika Laghubitta surged by 34.49 percent this week after Nepse opened its trading post the merger with Janasewi Laghubitta. 7 out of 10 companies in the top ten list belong to the microfinance sector. Bottlers Nepal Terai, Rastriya Beema Company and Life Insurance Co. Ltd are the other major gainers this week.

See the list of the stocks that were on the top 10 gainer list this week.

TOP 10 GAINER STOCKS OF THE WEEK

S.N. Traded Companies Initial Price Closing Price Difference % Diff
1 Kalika Microcredit Development Bank Ltd. 690 928 238 34.49
2 Bottlers Nepal (Terai) Limited 6600 8499 1899 28.77
3 Rastriya Beema Company Limited 9065 11435 2370 26.14
4 Sana Kisan Bikas Bank Ltd 1125 1369 244 21.69
5 RMDC Laghubitta Bittiya Sanstha Ltd. 690 836 146 21.16
6 Grameen Bikas Laghubitta Bittiya Sanstha Ltd. 479 580 101 21.09
7 Life Insurance Co. Nepal 1245 1505 260 20.88
8 Swabhimaan Laghubitta Bittiya Sanstha Limited 1076 1295 219 20.35
9 Samudayik Laghubitta Bittiya Sanstha Limited 890 1068 178 20.00
10 Forward Community Microfinance Bittiya Sanstha Ltd. 1516 1799 283 18.67

 

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One thought on “Top 10 Trending Stocks of the Week: Microfinance stocks dominate the gainers list

  • February 10, 2020 at 4:48 am
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    nice one .. if you can provide me the details on stock price behavior latest reviews then it will be better

    Reply

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