NEPSE index up by 6.43 points to close at 1092.30 level; NEPSE in sidewise movement due to current political instability

The benchmark index at Nepal Stock Exchange went up by 6.43 points or 0.59 % to close at 1092.30 level. Opening at 1085.92 level this afternoon, the local brouse was seen in upward trend after second trading hour. The NEPSE is in sidewise movement due to current political instability. The investors look confused with the current scenario. The market falls down one day and picks up the lost points next day. This has been routine since past week. Experts predict that the market will rise after country gets solution to the current crisis. Until there is a clear solution the market is expected to move sidewise. The total turnover of the day stood above Rs 16.26 crore where more than 3 lakhs unit shares were traded through 1,117 transactions. Sensitive index and the float index went up by 1.24 points and 0.48 points respectively.