NEPSE index above 1200 level; Insurance sector gains 7.49 percent
ShareSansar, August 31:
The benchmark index of Nepal Stock Exchange Limited surged by double digit of 16.39 or 1.38 percent to close above 1200.15 level.
Sensitive and Float also gained 1.84 and 1.27 percent to close at 257.58 and 85.41 level respectively.
Opening at 1183 level this afternoon the local bourse climbed up hill to finally close above 1200 level.
Maximum trading were done today of Commercial Banks and Insurance companies like NLICL, EBL, KBL, NLIC, PRVU, GBIME and SCB.
Share price of KBL, NLIC, GLICL, NLICL, SHINE, NIL, YETI, MDBL and SLICL gained more than 9 percent.
Maximum surge in share price of Insurance companies were seen where this index went up by huge triple digit of 388.02 points or 7.49 percent.
Banking and Finance gained meager 6.62 and 0.32 points respectively.
Development and Hotels gained average points of 17.32 and 13.01 points respectively.
ARDBL, APEX, MLBBL, PURBL, MFIL, BFCL and KEBL loosed maximum points.
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