NEPSE Index went up by 6.66 points to close at 1138.18 points; Political stability combined with dividends & right issue pulls market

The benchmark index at Nepal Stock Exchange went up by 6.66 points or 0.59% to close at 1138.18 points. Opening at 1131.53 points this afternoon, the local brouse went down to 1130.59 points during first trading hour. The total turnover of the day stood above Rs 53.20 crore where more than 8 lakhs unit shares were traded through 4,405 transactions. Political stability combined with dividends & right issue from commercial bank pulled the market up. However, the commercial banks such as NICA, ADBL, LBL, and SBI lost some points as compared to yesterday. Sensitive index and the float index went up by 1.22 points and 0.43 points respectively.