Excitement seen in the market; Market up by 63.23 points

Nepal Stock Exchange Limited (NEPSE) Index rose by a staggering 63.23 points (4.77%) today to close at 1,389.83 points. The market opened at 1326.60 today and started rising as soon as it started. Excitement was seen in the buyers throughout the day. The turnover stood above Rs.60.67 crore, the highest it has been in the last 28 days. The news regarding initiation of process for online trading system added an excitement in the investors, which was seen in the index and the turnover. The total market capitalization rose to Rs 15.63 kharba, an increase of Rs 71 arba today only. 3.15 lakh units of NMB Sulav Investment Fund-1 (NMBSF1) and 2.51 lakh units of Nabil Balance Fund-1(NBF1) were traded the most today. 18.33 lakh unit shares were traded through 5,124 transactions today. Swabalamban Bikas Bank (SWBBL), Himalayan General Insurance (HGI), Sana Kisan Bikas Bank (SKBBL) and Chhimek Laghubitta Bikas Bank Limited (CBBL) were among the companies hitting positive circuit today.  NMB Bank Promoter Share (NMBPO) and Siddhartha Equity Oriented Scheme (SEOS) lost the most today. Today, the sensitive index rose by 13.63 points, whereas float index rose by 4.76 points. All the sub-indices have ended up in green today.  Insurance sub-index was the highest gainer with a rise of 376 points.