Nepse Index up by 2.69 points to close at 1715.72 points; mostly finance companies in gainers list

Wed, Jul 6, 2016 3:45 PM on Latest, Featured, Stock Market,
The benchmark index at Nepal Stock Exchange went up by  2.69 points or 0.16% to close at  1,715.72  points. NEPSE index opened at 1713.03  points and went up 1722.90  points during the second trading hour of the day. As it is evident that the market is trying to inch higher, the direction still seems quite vague. More or less we can see the stability prevailed in the market as of now. Transactions are slowing down consistently in the recent time. Though the market hasn't been exhibiting highly extensive gain or loss in the current period, caution would still be necessary as stability may not last for too long from what it seems. More or less there has been very much of a hybrid reaction in the market, which makes the days ahead unclear. It is the astounding fact that the market has been capable to remain silent at this point for quite some time. Top ten gainers list consist of 7 finance company. The total turnover of the day stood above Rs 1.33 arba, where more than 41  lakhs unit shares were traded through 5,832  transactions. Sensitive index and float index went up by 0.65 and 0.21 points. Except  Development Banks, Hydropower and Insurance, all the sectors at Nepse landed on green.   TSBNOT TSBST TSBTO TGTL