KATHMANDU, Aug 9: Nepal Stock Exchange (Nepse) on Wednesday escalated by 41.06 points to close at 2,060.91 points.

The secondary market opened at 2,019.85 points and dropped around 12 points in the first 15 minutes of trading. The index remained almost stable for the next three hours, while the market gained around 48 points in the last 45 minutes before the market closed for the day.  

Along with the overall index, the sensitive index that measures the performance of blue chip companies added 7.48 points. The daily turnover, however, increased slightly to Rs 1.888 billion from Rs 1.737 billion Tuesday. 

Only mutual funds out of 13 trading groups gained in their market values. By adding 346.74 points, life insurance topped the gainers’ list, while non-life insurance, hotels and tourism and trading were the gainers of three-digit points.

 Among individual companies, the market values of 200 companies inclined up. Only 18 companies were recorded as losers. 

IME Life Insurance Company Limited, with turnover of its shares worth Rs 155.026 million, topped in terms of transaction volume. Himalayan Laghubitta Bittiya Sanstha Limited was the topmost gainer, while Century Debenture 2088 lost the highest of 9.99 percent of its market price.

 
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