KATHMANDU, April 7: Nepal Stock Exchange (Nepse) on Thursday escalated 35.69 points after the investors rushed to buy shares at lower prices caused by the successive fall in the past few days.
The market that opened at 2,428.75 points rose to a maximum of 2,475.65 points before closing finally at 2,464.35 points in the intraday trading. Along with the index, the turnover amount also increased to Rs 2.12 billion from Rs 1.99 billion on Wednesday.
Nepse sees modest drop after 3 days of gains
According to the stockbrokers, a positive growth was observed in the stock trading after the investors stepped up to purchase shares at the fallen prices. In the past two weeks as of Wednesday, the secondary market had slipped by around 185 points.
In Thursday trading, the entire 13 trading groups gained in their average shares prices. Nabil Bank Limited had its shares worth Rs 73.89 million, the largest among the individual companies.
NESDO Sambridha Laghubitta Bittiya Sanstha gained the largest point percent. Rastra Utthan Laghubitta Bittiya Sanstha was the top loser.