NEPSE Index went up by 1.61 points to close at 1120.18level; Business as usual in the secondary market

On the first trading day of the week, the benchmark index at Nepal Stock Exchange went up by 1.61 points or 0.14% to close at 1120.18 level. Opening at 1118.57 level this afternoon, the local brouse went up to a 1020.19 level during first trading hour of the day then again came down to 1114.37 level during third trading hour of the day after that the index was seen in upward trend again. The total turnover of the day stood above Rs 23.68 crore where more than 4 lakhs unit shares were traded through 2,725 transactions. The market is moving in the sideways movement for past few days. One day the market falls by negligible point(s) and recovers the loss next day or by the end of the week. Sensitive index and the float index went down by0.45 points and 0.06points respectively. Banking Hotels Hydropower and Finance landed in red whereas Development Bank, Insurance and Others landed in green. Insurance Sector went up by triple digit.