Low selling pressure led market in upward trend; Index rises by 18.10 point with turnover of Rs 1.12 arba

The benchmark index at Nepal Stock Exchange Limited (NEPSE) went up by 18.10 points or 1.02% to close at 1798.50 points. Nepse Index opened at 1780.41 points and was seen on upward trend. 144,760 unit shares of Nepal Bangladesh Bank Limited, 116,262 unit shares of Prabhu Bank Promoter shares (PRVUPO) and 51,003 unit shares of Shikhar Insurance Company Limited (SICL)  were traded more today. PrabhuBikas Bank Limited (PRVU), Bank of Kathmandu Lumbini Limited (BOKL), Jyoti Bikas Bank Limited (JBBL) and Kumari Bank Limited hit circuit break today. The total turnover of the day stood above Rs 1.12 arba, where more than 10.27 lakh units shares were traded through 4,542 transactions. Sensitive index and float index went up by 3.8 and 1.46 points respectively. Except Finance and Others, all sectors at Nepse landed on green. Insurance sector rises by 231.83 points.