After strong signal of political stability, NEPSE posts an astounding growth of 36.01 points settling at 1,424.95 points with fabulous turnover over Rs 66.39 crore

Thu, Feb 15, 2018 3:37 PM on Latest, Featured, NEPSE News, Stock Market,
The benchmark index at Nepal Stock Exchange (NEPSE) after several months of turmoil, has shown a phenomenal growth today by 36.01 points or 2.59% to close at 1,424.95 points. On the final trading day of the week, the only local bourse of the country reacted to the latest positive political development in the country as the market showed an upward surge from the time it had opened at 1,388.94 points. The buoyant confidence among the investors continued till the final seconds of trading and the market ultimately ended in the green zone. 1 The total turnover of the day stood above Rs 66.39 crore which is a significant growth following a months-long drought where more than 15.06 lakh unit shares were traded through 6,863 transactions. Shares of Kumari Bank Limited (KBL) stood ahead in terms of total turnover as more than Rs 3.48 crore worth of its shares were traded today. In addition, over 1.28 lakh unit shares of the same bank exchanged their ownership today making it the highest traded shares as well. Scrips of Shree Investment Finance Co. Limited (SIFc) made the highest profit today as their value rocketed up by 9.82% to Rs 242. On the other hand shares of NMB Sulav Investment Fund-1 (NMBSF1) lost the most today with their value tumbling by 3.81% (Rs1) to Rs 12.60. Both the Sensitive and float index went up exponentially today by 7.72 points and 2.87 points respectively. The sub-indices of all the trading groups gained significant points today and landed in green. Insurance sector that gained 213.95 points out-performed all other sectors and stood as the top gainer. Development banks which gained 62.91 points saw it as the second most profitable sector for the day. 2 3 4 5 6