Political agreement brings cheer among the investors; turnover beyond Rs 500 million

ShareSansar, June 9:

After the agreement among the major political parties on 11 major points in formation of constitution, the secondary market index surged up huge by 21.1 points or 2.23 percent to close at 966.59 level.

Due to fire in Fiber Link of Brokers Network at Putalisadak area, trading in NEPSE was delayed by an hour and started at 1 PM to 4 PM.

As the benchmark index opened at 1 PM, it faced the circuit break at 1:12 PM for 15 minutes as it surged by 3% within the first hour of trading up to 973.95 level.

The total turnover crossed Rs 500 million amounting Rs 531.03 million.

Maximum charm of Investors were in the shares like NBL, EBL, SANIMA, BOK and NLIC.

Share Price of PURBL, NCM and RHPC surged by more than 8 percent.

Maximum increment were seen in HydroPower and Banking which surged by 3.18 percent and 3.08 percent to close at 2213.89 and 859.66 levels respectively.

Hotels (1888.45) and Others (730.75) gained 1.57 percent and 1.14 percent respectively.

Development (794.10) and Finance (525.57) inched up by 1.35 and 0.66 percent respectively.

Manufacturing (1554.99) and Insurance (3984.34) increased by 0.29 and 0.95 percent respectively.

Altogether 1,196,151 unit shares of 138 scrips were traded through 3,294 transaction worth Rs 531.03 million.