Reversing market spread optimistic vibes among investors; Market wraps up positively by 43.52 points with turnover exceeding Rs 1.19 arba

Nepal stock market closed positively today. The benchmark index at Nepal Stock Exchange Limited (NEPSE) went up by 43.52 points or 2.88% to close at 1553.68 points. Today Nepse Index opened at 1510.20 points, the local bourse was seen fluctuating till second trading hour of the day and after that it was seen in upward trend. 96,962 unit shares of Bank of Kathmandu Lumbini Limited (BOKL) and 74,509 unit shares of Civil Bank Limited (CBL) were traded most today. 17 companies hit circuit break today. Everest Bank Limited and Bank of Kathmandu Lumbini have the highest turnover of Rs 15.35 crore and Rs 6.26 crore respectively. The number of transactions of EBL and BOKL reached 399 and 459. The total turnover of the day stood above Rs 1.19 arba where more than 14.14 lakh units’ shares were traded through 7,648 transactions. Sensitive and float index went up by 9.84 and 3.53 points respectively. Except Manufacturing & production, all sectors at Nepse landed in green. Sub-indices of Insurance and hydropower sector surges by 348.12 points and 104.42 points.