Nepse Index down by 4.37 points to close at 1259.35 points; selling pressure forces market in downward trend

The benchmark index at Nepal Stock Exchange went down by 4.37 points or 0.35% to close at 1259.35 points. The selling pressure in the market has pushed the nepse index downward. The selling pressure is seen as shareholders wants money to invest in the FPO of Nepal Investment Bank Limited. Today nepse index opened at 1263.38 points and went up to 1271.59 points during the first trading hour of the day. The total turnover of the day stood above Rs 522.94 crore where more than 17 lakhs unit shares were traded through 2,737 transactions. Sensitive index and the float index went up by 0.74 points and 0.4 points respectively. Except Finance and others, all the sectors at Nepse landed in red. Hotels, Development Bank, Hydropower and Insurance sector went down by double digit.   click here: Today's share price