Bumper day for stock market today; Have good days arrived in Nepalese Stock Market?

Wed, Mar 7, 2018 3:43 PM on Latest, Featured, NEPSE News, Stock Market,
Today has been a delightful day for the investors in the Nepalese Stock Market. The market has shown a positive rise to end the day and there has been a revolutionary achievement in the day i.e. allotment of IPO of Aarambha Microfinance within 36 hours of closing. Market today closed gaining 18.69 points or 1.44% at 1,315.13 points. The market had started at 1,296.44 points and continued to rise till it reached 1,314.88 points and started declining. But the market closed gaining double figures of 18.69 points. 1 More than 10.47 lakh unit scrips of 158 companies were traded during the day. The total turnover of Rs 42.68 crore unit from 5,657 transactions. Nepal Life Insurance Company Limited (NLIC) was the top stock by turnover as more than Rs 2.78 crore worth of its shares were traded during the day. And, the scrips of Sanima Bank Limited (SANIMA)was the top stock by shares traded with 52,273 unit shares traded during the day. 3 4 Similarly, Suryodaya Laghubitta Bittiya Sanstha Limited (SLBS)was the top gainer for the day as it gained 131 points or 9.99% during the day. Likewise, Bhargav Bikash Bank Limited (BHBL) was the top loser of the day losing 7 points or 4.2424%. 5 6 Both the sensitive and float index gained 4.03 points and 1.41 points respectively. All the sub-indices ended in green zone today except Manufacturing& Production. Manufacturing & Production lost 2.39 points while Insurance gained 161.43 points. 2