As share prices of 236 companies escalate, 14 record in losers
KATHMANDU, July 22: Nepal Stock Exchange (NEPSE) on Tuesday soared 80.97 points to close at 2,973.70 points.
The secondary market opened at 2,892.72 points and gradually inclined throughout the trading hours. Overall, the market posted a gain of 2.79 percent in its index.
Daily turnover soars to Rs 9.27 billion despite NEPSE index fal...
All the 13 trading groups were the gainers. Life insurance surged by a whopping 606.65 points, as a total of six groups added three-digit points in their indices. Among the banks and financial institutions (BFIs), microfinance gained 221.54 points, development banks added 138.82 points, while finance and banking also increased 50.37 points and 32.25 points, respectively.
The sensitive index which measures the performance of ‘A’ class companies jumped an impressive 14.48 points with the investors being attracted mainly to purchase shares of the heavy weight BFIs. The daily turnover inclined to Rs 20.08 billion from Rs 16.32 billion.
Among the individual companies, 236 were gainers while 14 were recorded as the losers. Nepal Reinsurance Company Limited had the largest turnover of its shares worth Rs 718.88 million.
Trade Tower Limited was the topmost gainer. LBBL Debenture 2089 with a decline of 3.94 percent was recorded as the highest loser.
