The Nepal Stock Exchange (NEPSE) index has been continuously increasing since couple of weeks with the political development in the country.
The secondary market index has soared by 21.41 points to settle at 823.49 points on Thursday from Sunday’s 802.08 points, last week. The same index has posted positive growth of 18.98 points, the previous week.
Over a four trading day, insurance gained highest 325.54 points followed by hydropower 88.69 points, finance 31.85 points, development banks 15.42 points, commercial banks 8.23 points and trading group 3.13 points. However, hotel and manufacturing groups lost 29.99 points and 9.60 points.
Meanwhile, the transaction amount has plunged by 30.70 percent to Rs 1.11 billion, last week, compared to the amount of Rs 1.60 billion, registered the previous week. The stock market traded 2,854,190 unit shares through 9386 transactions with 148 companies.
Nepal Life Insurance Company has topped the chart in terms of highest transactions registering Rs 63.364 million.