NEPSE Index went up by 29.90 points to close at 1102.84 level; Market optimistic as SEBON brings various programs to modernize the capital market

On the first trading day of the week, the benchmark index at Nepal Stock Exchange went up by 29.90 points or 2.79 % to close at 1102.84 level. Opening at 1072.99 level this afternoon, the local brouse went up to a 1098.67 level during first trading hour of the day then again came down to 1087.30 level during second trading hour of the day after that the index was seen in upward trend again . Market seemed optimistic as SEBON brings various programs to modernize the capital market. like fully automated trading to start soon, NRNs to enter secondary market as they will be having dual citizenship and all the listed companies should demat their shares before 1 Magh, 2072 else the trading of those companies will be halted at NEPSE. Today, top gainers list mostly includes microfinances. The total turnover of the day stood above Rs 35.65 crore where more than 5 lakhs unit shares were traded through 2,900 transactions. Sensitive index and the float index went up by 6.56 points and 2.17 points respectively. Except others all the sectors at NEPSE landed in green. GBIME, NICA, NLICL, NLIC, CZBIL, BOK, EBL,SCB, DDBL and NUBL were the top stocks by turnover. SMFDB, NGBBL, NBBL, SICL, WDBL, SCB, KMCDB, SIL, LLBS and CBBL were the top gainers of the day. ARDBL, RBBBL, AHPC, LFC, SLICL, RBCLPO, BGDBL, SINDU, SETI and RMDC were the top losers of the day. GBIME, NBF1, CZBIL, BOK, NICA, NBB, SANIMA, API, PCBL and SHL were the top stocks by shares traded. API, CZBIL, NICA, BOK, PCBL, EBL, NBB, GBIME. DDBL and CHCL were the top stocks by number of transactions.