NEPSE success to remain above 900 level

ShareSansar, December 29:

NEPSE managed to land in green today closing at 907.23 level with meager gain of 3.51 points or 0.39 percent compared to yesterday’s closing of 903.72 mark index.

The local bourse opened at 903.71 level this afternoon and slipped below 900 mark to record the intraday low of 894.91 within the initial trading hour.

However buying trend of the opportunist investors there after led the NEPSE recover more than 10 points to close above 900 mark at the end.

Conversely the total turnover has fell by more than Rs 80 million to remain at Rs 226.39 million than the yesterday’s total of Rs 306.62 million.
Altogether 610,543 unit shares of 119 companies were traded today through 2,251 transactions worth Rs 226.39 million.

Among the sub-indices, Banking, which covered more than 58 percent, surged 1.89 points or 0.24 percent amid the rise in share price of Standard Chartered Bank by Rs 25 and SBI by Rs 12.
Development and HydroPower up swelled by 2.51 points and 1.72 points respectively.
Hotels and Others moved up by double digits of 31.23 points and 15.27 points respectively attributed by the rise in share price of Soaltee Hotel by Rs 10 and NTC by Rs 13.
Finance and Insurance were the only sectors which landed in red recording plunge of 2.54 points and 0.77 point respectively.


Companies like Biratlaxmi Bikas Bank, Nagbeli Laghubitta, First Micro Finance, Mithila Laghubitta and Siddhartha Development Bank were among the top gainers of the day.
Whereas Kalinchowk Development, National Hydropower, Taragaon Regency, Lumbini Finance and Kasthamandap Development Bank were among the top losers of the day.