The first
day of the share market for this week continued its winning streak of the last
day of last week as it gained 22.45 points to close the market at 656.75 points
today.
The day saw
some 476.14 million turnover as the shareholders of Prime Life Insurance,
National Hydropowe, NMB Bank, Butwal Hydropower and NLIC gained, whereas
Lumbini Bank, Jyoti Bikas Bank, United Finance, ILFC and Nepal Investment bank
shareholders lost, the most.
Hydropower
sub-group gained the most followed by insurance and banking sub-groups but the
others sub-group – due to loss of Nepal Telecom – lost.
The
investors have rejoiced the successful CA elections and the results that made a
liberal market economy propagator Nepali Congress a largest party.
The results have also indicated a stable government
and timely drafting of Constitution.
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