Market gains double digits to reach 11 month high at 1292 points; massive turnover of Rs.1.35 Arba achieved through trade of more than 45 Lakh units of shares

The market continues to gain points for the third consecutive day. The market today gained 12.83 points or 1% and closed at 1292.12 points. The benchmark index stood at an 11 month high today. The turnover was worth Rs.1.35 Arba which was achieved from trade of 4,521,966 units of shares traded through 13,148 transactions trading scrips of 176 listed companies in the process.

Today’s trade was dominated by Nepal Bank Limited (NBL) after the commercial bank posted a turnover of Rs.18.41 Crore achieved through trade of 581,857 units of share. The LTP of the stock stands at Rs.315 per share.

Everest Insurance Company (EIC) hit the positive circuit today as well after it gained 9.84% or 42 points and closed at Rs.469 per share. Taragaon Regency Hotel (TRH) hit the negative circuit as it lost 9.30% or 24 points and closed at Rs.234 per share.

Sensitive Index gained 2.73 points and closed at 279.67 points while Float Index gained 1 point and closed at 95.44 points.

All the sub-indices ended in the green zone after gaining points. Development Banks gained the most at 2.94%.