Shares market gained today, the first day of the fiscal year.
The Nepal Stock Exchange (Nepse) index climbed to as high as 1,270 points by midday before closing at 1,274.86 points – some 15.85 points higher – from the opening in the morning. The buying pressure pushed all the sectors throughout the day as the market registered turnover of Rs 427 million.
Barring Hotels and Finance sub indices, all other sub indices closed the day in green with Microfinance and Development Bank leading the rally with 1.81 per cent and 1.69 per cent gain, respectively. Hydropower, Banking, Manufacturing and Processing, and Non-life Insurance sub indices also gained.
In terms of trading, Nepal Bank Ltd (NBL) witnessed maximum turnover of over Rs 47 million, whereas Unnati Microfinance Bittiya Sanstha gained 7 per cent. But Dibyashwori Hydropower lost 8.97 per cent, whereas Reliance Finance, Siddhartha Equity Fund and Soaltee Hotel were among other top losers.
The Nepal Stock Exchange (Nepse) index climbed to as high as 1,270 points by midday before closing at 1,274.86 points – some 15.85 points higher – from the opening in the morning. The buying pressure pushed all the sectors throughout the day as the market registered turnover of Rs 427 million.
Barring Hotels and Finance sub indices, all other sub indices closed the day in green with Microfinance and Development Bank leading the rally with 1.81 per cent and 1.69 per cent gain, respectively. Hydropower, Banking, Manufacturing and Processing, and Non-life Insurance sub indices also gained.
In terms of trading, Nepal Bank Ltd (NBL) witnessed maximum turnover of over Rs 47 million, whereas Unnati Microfinance Bittiya Sanstha gained 7 per cent. But Dibyashwori Hydropower lost 8.97 per cent, whereas Reliance Finance, Siddhartha Equity Fund and Soaltee Hotel were among other top losers.
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