Flow of foreign funds to stabilize liquidity shortage brings optimism among investors; NEPSE climbs 27.45 points closing at 1,226.45
Wed, Apr 4, 2018 3:56 PM on Latest, Featured, NEPSE News, Stock Market,
The NEPSE index has gained 27.45 points or 2.29% today. The market had opened at 1,199.06 and quickly began to climb throughout the day with slight fluctuations. Yesterday, Nepal Rastra Bank had published a guideline for commercial banks to take loan for foreign institutions. This sure has spurred a wave of optimism among the investors.
Despite the climb in index, the total turnover isn’t that high. The recorded total turnover at the end of trading hour was worth Rs 33.6 crore. Similarly, 9.02 lakh unit shares were traded from 4.623 transactions.
Nabil Bank Limited (NABIL) stood ahead in terms of turnover as more than 1.6 crore worth shares were traded. Similarly, Hamro Bikas Bank Ltd. Promoter Share (HAMROP) stood at top in case of number of shares traded as 37 thousand unit shares were exchanged.
Likewise, Kalika Microcredit Development Bank (KMCDB) was the top gainer of the day as it gained 10% on its price and closed at Rs. 1,085. And, Guheshowori Merchant Bank and Finance Co. Ltd. (GMFIL) was the top loser of the day losing 1.91% on its price.
The sub-indices for all sectors except Trading inclined and landed in green zone. The index of Trading sector experienced no change. Among the others, Insurance sector stood as top gainer by climbing 208.34 points. Similarly, Microfinance, Development Bank and Hotels sectors also experienced considerable improvement gaining 63.06, 50.21 and 45.77 points respectively.
Nabil Bank Limited (NABIL) stood ahead in terms of turnover as more than 1.6 crore worth shares were traded. Similarly, Hamro Bikas Bank Ltd. Promoter Share (HAMROP) stood at top in case of number of shares traded as 37 thousand unit shares were exchanged.
Likewise, Kalika Microcredit Development Bank (KMCDB) was the top gainer of the day as it gained 10% on its price and closed at Rs. 1,085. And, Guheshowori Merchant Bank and Finance Co. Ltd. (GMFIL) was the top loser of the day losing 1.91% on its price.
The sub-indices for all sectors except Trading inclined and landed in green zone. The index of Trading sector experienced no change. Among the others, Insurance sector stood as top gainer by climbing 208.34 points. Similarly, Microfinance, Development Bank and Hotels sectors also experienced considerable improvement gaining 63.06, 50.21 and 45.77 points respectively.
