Thursday, June 7, 2007

Nepse index hits record

Nepal Stock Exchange (Nepse) index, hit a new record today as it posted 552.06 points, a rise of 2.10 points from yesterday’s trading, the highest since the Nepal Stock Exchange started the secondary transactions of shares some 13 years ago, in 1994.
Nepse index has in recent days reflected the growing confidence of investors in the secondary market. Though the credit goes to the commercial banks group, the major players, all other groups have also registered a sound growth in recent weeks.
Where will this trend lead the secondary market to and could it keep the heat is yet another question, but, the bullish trend has brought a ray of hope.
The market leaders are Standard Chartered Bank, Nepal (Rs 4750), Nabil Bank (Rs 3720) and Nepal Investment Bank (Rs 1300).

2 comments:

Anonymous said...

Is it real or manupulated?

Anonymous said...

The only sector that is impressive is commercial banks, but are they real? It seems unnatural and unreal. The share price of Standard Chartered is also unnatural. Is there are way how to find out manipulation?