NEPSE shows phenomenal improvement; Climbs 44.26 points with staggering turnover of Rs. 91.77 crore

First trading day of the week and market is showing warm sentiments. The index today increased by 44.26 points i.e. 3.54%. Despite the increase in index during past week, investors were skeptical if the growth would be sustainable. However, today’s growth shows that it wasn’t just a phase. In the recent days, although the index had climbed, the amount of turnover wasn’t very exciting. However, today the market turnover has touched Rs 91.77 crore. Similarly, 23.12 lakh unit shares were traded from 1,746 transactions. Nabil Bank Limited (NABIL) stood ahead in terms of turnover as more than 3.1 crore worth shares were traded. Similarly, Nepal Bangladesh Bank (NBB) stood at top in case of number of shares traded as 97 thousand unit shares were exchanged. Likewise, Suryodaya Laghubitta Bittiya Sanstha (SLBS) was the top gainer of the day as it gained 10% on its price and closed at Rs. 1,154. Not just the top gainer, all top 10 gainers in the list have significant increment in their price, which is 9% and above. Similary, Radhi Bidyut Company (RADHI) was the top loser of the day losing 3.43% on its price. The sub-indices for all sectors inclined and landed in green zone. The Insurance sector was the top gainer of the day climbing 358.1 points.