A total of 332,172 units of shares worth Rs 145 million changed hands through 1,643 transactions on the day. [break]
Healthy rise in the benchmark index right after the Dashain holiday, meanwhile, has taken share analysts by surprise. Anjan Raj Poudyal, former president of Stock Brokers´ Association Nepal, attributed lower interest on bank deposits, sufficient liquidity at banks and financial institutions and positive political development for Constituent Assembly (CA) election as the factors behind growing confidence of investors in the secondary market. Poudel also said investors are turning to secondary market as dividend announcement date is approaching nearer.
The Hotels and Hydropower sub-indices were the biggest gainers on the day. The Hotels sub-index gained 53.42 points to 797.34 points, while the Hdyropower sub-index added 52.3 points to settle at 1,398.48 points.
Poudel expected Nepse index to post gain in coming days as well.
The benchmark index had increased by 4.81 points on Thursday.
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