NEPSE Index went down by 0.78 points to close at 1118.57 levels; Market in wait & see mode

The benchmark index at Nepal Stock Exchange went down by 0.78 points or 0.07% to close at 1118.57 levels. Opening at 1119.35 levels this afternoon, the local brouse went up to 1123.26 levels during first trading hour of the day.  The negligible fall in the NEPSE index shows the wait and see mood of the investors. The shares of BOK were traded in significantly, 27,848 units, mainly due to rumor of merger between BOK and LBL.  Share price of BOK shed Rs 28/unit to close at Rs 579 / unit. The total turnover of the day stood above Rs 34.10 crore where more than 7lakhs unit shares were traded through 3,458 transactions. Sensitive index and the float index went down by 0.43 points and 0.26points respectively. Banking, Hydropower, Finance and Manufacturing and Production landed in red whereas Hotels, Development Bank, Insurance and Others landed in green.