KATHMANDU, March 27: Nepal Stock Exchange (Nepse) index climbed up 47.79 points, or 3.22 percent, on the first trading day of the week to close at 1,533.83 points.
The stock market logged double-digit gain, ending a long slump in the market due to sell-off triggered by rising interest rates and tightening of credits by bank and financial institutions (BFIs).
After reaching a record high of 1,881.45 points on July 29 last year, the stocks are taking a dive, with some occasional rallies, after BFIs started tightening their fund toward stock financing. The average daily turnover in the stock market was also falling by half to Rs 400 million to Rs 500 million. However, the daily turnover jumped to Rs 1.76 billion on Sunday.
KATHMANDU, Dec 2: Nepal Stock Exchange (Nepse) benchmark index climbed 44.38 points this week to close at 1,537.67 points on Thursday... Read More...
KATHMANDU, July 17:Nepal Stock Exchange (Nepse) benchmark index climbed up 20.58 points, 1.3 percent, on Monday amid rise on the... Read More...
KATHMANDU, July 2: Nepal Stock Exchange (Nepse) escalated 38 points as compared to the first day this week to close... Read More...
Leave A Comment