NEPSE Index went up by 5.10 points to close at 1107.94; Announcements from the SEBON pushes market in the positive direction

The benchmark index at Nepal Stock Exchange went up by 5.10 points or 0.46 % to close at 1107.94. Opening at 1102.86 points this afternoon, the local brouse went up to a 1121.76 during first trading hour of the day then again came down to 1107.35 points during the end of first trading hour of the day and then was seen hovering around the same level through out the day. At the first trading hour, the investors responded enthusiastically to the changes announced by SEBON. The excitement among investors wear off till the end of the trading hour. Overall, the market is still in upbeat in the second day of trading. The total turnover of the day stood above Rs 38.87 crore where more than 5lakhs unit shares were traded through 3,118transactions. Sensitive index and the float index went up by 1.03 points and 0.41points respectively. Except hotels and others all the sectors at NEPSE landed in green. Insurance sector surges by 30.45 points. NBBL, MMFDB, NGBBL, NNLB, VLBS, ILFCM, SBBLJ, HGI, JEFL and SLICL were the top gainers of the day. NLIC, SCB, BOK, NICA, CHCL, EBL, CZBIL, CBBL, PCBL and SBI were the top stocks by turnover. SCB, KMCDB, GLICL, KDBL, AHPC, DBBL, TDBL, KRBL, ACEDBL and MDBL were the top losers of the day.