Market enduring bullish trend; Index surges by 34.26 points with turnover exceeding 1.21 arba

Tue, Jul 18, 2017 4:48 PM on Latest, Featured, NEPSE News, Stock Market,
The benchmark index at Nepal Stock Exchange (NEPSE) has gained 34.26 points (2.14%)  to close at 1638.41 level today along with significant increase in turnover. Over 19.78 lakh units shares were traded today from 9,242 different transactions. This accounted for a significant increase in turnover above Rs 1.21 arba. index Nepal Life Insurance Company Limited (NLIC) and Forward Microfinance Bittiya Sanstha Limited (FOWAD)  accounted for highest turnovers of Rs 9.29 crore and Rs 5.91 crore respectively while 133,581 units shares of HIDCL was traded the most today. Himalayan Distillery Limited (HDL), NB Insurance Company limited (NBIL), Kuber Merchant Banking and Finance Limited (KMBSL), Rastrya Beema Company Limited (RBCL) and Progressive Finance Limited (PROFL) hit the positive circuit break today  while Om Development Bank Limited (ODBL) was the top losers hitting 9.85 percent negative circuit break today. All sub- indices have ended in green. Insurance sub- index surges the most with 416.63 points. Sensitive index and float index went up by 6.86 points and 2.54 points respectively today. sec losers traded trans turn gain