Nepse creates a new high of 1,238.02 points; Market again on bull run after 15 days, turnover above Rs 55.36 crore

The benchmark index at Nepal Stock Exchange went up by 17.32 points or1.42% to close at1,238.02 points. Today nepse index opened at 1220.71 points and remained in an upward trend. The market has seen a bull run again after January 17, 2016. Since, January 17 the market was moving sidewise with small increase/decrease in the overall index. Finally, the market has crossed the resistance signaling the upward trend in future. The total turnover of the day stood above Rs 55.36 crore where more than 9 lakhs unit shares were traded through 2,912 transactions. Sensitive index and the float index went up by 4.23 points and 1.2 points respectively. Except Hydropower, all the sectors at Nepse landed in green. Hotels sector went up by 73.47 points, Insurance sector went up by 35.25 points and Manufacturing and production went up by 26.93 points.