KATHMANDU, April 5: Nepal Stock Exchange (Nepse) on Wednesday gained 8.39 points to close at 1,875.07 points.

The secondary market opened at 1,866.68 points and hit the day’s low at 1,857.75 points. In the next moment, the market surged as high as 1,878.32 points before it shed around three points to close for the day.

It was the first day after the newly appointed Finance Minister Prakash Sharan Mahat took charge, the market posted green. In the past three days, the Nepse index declined by around 40 points.

Only three groups including non-life insurance, trading and manufacturing and processing had their indices declined. Of the remaining 10 trading groups, hotels and tourism gained the highest of 32.78 points.

In the intraday trading, 146 listed companies gained in their market values, while 64 companies registered as losers. The sensitive index that measures the performance of the blue chips companies gained 1.97 points.

Despite posting a positive sign in the market index, the daily turnover failed to take pace. The transaction volume on Wednesday declined further to Rs 816.04 million from Rs 917.61 million on Tuesday.

Among individual companies, Shivam Cements with carrying out transactions of its shares worth Rs 64.33 million was recorded as the topmost in the list. Kalinchowk Darshan Limited gained the highest percent of its market price, while Citizens Mutual Fund-1 was the topmost loser.  

 
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