A total of 825,040 units of shares worth Rs 225 million were traded in the period. Share analysts are of the view that market has remained static without any particular reason. [break]
"However, fluctuations in the share market is likely in the days to come as a result of the Constituent Assembly elections," said Anjan Raj Poudyal, former president of Stock Brokers´ Association Nepal.
Lower loan interest rates, possible institutional investment in new mutual funds issued by the varoius banks, and release of financial report of the first quarter of this fiscal year by various companies will likely push share market upward, according to Poudyal.
According to the Nepse Index, the insurance and hotel sub-groups were the highest gainers in the two days. The sub-indices of Hotel and Insurance increased by 14.47 points and 13.76 points to 1412.32 points and 13.76 points respectively.
Likewise, manufacturing group saw a growth of 2.32 points to 934.25 and the sub-index of Development Bank was up by 1.86 points to 308.46 points. The Sub-index of hydropower was up by 0.6 points to 1347.04 and sub-index of the finance group saw increment of 0.25 points to 281.18 points. However, the sub-index of Others group declined by 3.52 points to 704.92 points. Trading group remained unchanged.
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