NEPSE Index up by 5.07 points to close at 1099.25 level; Negotiations between Madhesi parties & Government pushes market up

The benchmark index at Nepal Stock Exchange went up by 5.07 points or 0.46 % to close at 1099.25 level. Opening a 1094.18 level this afternoon, the local brouse went up to 1105.28 level during second trading hour of the day. The NEPSE is in sidewise movement due to current political uncertainty. The market landed on the positive side today due to the scheduled negotiation between agitating Madhesi parties and the government. The total turnover of the day stood above Rs 21.46 crore where more than 4 lakhs unit shares were traded through 1,560 transactions. Sensitive index and the float index went down up by 1.25 points and 0.47 points respectively. Except Hotels, Hydropower and Manufacturing and production, all the sectors landed in green.