Despite
general strike, investors are upbeat about the Constituent Assembly (CA)
election that has boosted their confidence leading to the share market index
above 600 ponits.
Nepal Stock
Exchange (Nepse) today recorded 600.07 points – four year high – propelled by
the insurance sub-group that has gained 34.15 points to close the market at
1524.73 points, followed by development banks sub group that ended 5.19 points
up from yesterday's closing, though hotels, hydropower and others sub-groups
lost.
With the Nepse
index moving up, the turnover has also recorded over Rs 301.33 million.
Likewise, Nerude Laghubitta Bikas Bank – a microfinance institution – gained Rs
80 per unit share in the day's trading to close the market at Rs 885 per unit.
Some 97 companies saw their
stocks being traded at the secondary market today. The market will see the last
trading tomorrow before the CA election scheduled for November 14, as the
government has announced public holiday on November 12, 13, 14 and 15.
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