Nepse index goes up 4.31 points as festive season draws closer
ShareSansar, September 28:
Nepal Stock Exchange (Nepse) benchmark index is in the upward trend as the festive season draws closer. Nepse index rose 4.31 points today to close at 916.63 points. Though the market was observing fall in the first session of the trading, the index started gaining at the latter session. Stock analysts say that the market is now catching the bullish trend after some heavy corrections in the market. According to them, the plan to implement the full-fledged CDS, good return of the banks to the shareholders and positive political-economic situation has boosted the morale of the investors.
Majority of the trading groups ended in the green zone today. Though Banking and ‘Others’ declined by 2.69 and 3.53 points, sub-indices of rest of the trading groups went up. Banking and ‘Others’ group closed at 817.37 and 719 points respectively. Insurance was the highest gainer as its sub-index jumped 109.01 points to close at 3,801.27 points. Hydropower and Hotels group also gained 71.55 and 12.34 points, respectively, settling at 2,409.03 and 1,864.47 points.
Development Banks gained 4.51 points to close at 674.92 points. Likewise, sub-indices of Manufacturing and Production and Finance groups also inched up 1.87 and 0.19 points, respectively, settling at 1,173.67 points and 487.3 points.
A total of 1,066,437 units of shares of 135 companies worth Rs 41.35 crore were traded in the market today through 2,312 transactions.
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MARKET SUMMARY |
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TOP FIVE BY SHARES TRADED |
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SECTOR WISE TURNOVER |
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SUB-INDICES |
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TOP FIVE BROKERS |
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