Nepse jumps 28.73 points

Published On: August 15, 2018 06:21 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Aug 15: Nepal Stock Exchange (Nepse) jumped 28.73 points to close at 1,209.73 points (2.43 percent) on Wednesday – the second last trading day of the week.

The capital market regulator, which had been witnessing continuous fall, has shown signs of improvement. The Nepse went up 16 points on Sunday, 10 points on Monday and six points on Tuesday.

With the Nepse index climbing up, there is a significant rise in the transaction of shares. Issuing a press release on Wednesday, the benchmark index said a total of 1.68 millions of shares worth Rs 360.162 million was traded in the market today which is the double the transaction compared to that of Tuesday’s.

With all the trading groups ending on a green zone, non-life Insurance group was the highest gainer with 205 points while insurance group went up 129.82 points today.

Development bank groups went up 36.81 points while other financial group gained 24.86 points.

Nabil Bank made the highest transaction worth Rs 16.8 million while Prime Commercial Bank sold its shares worth Rs 16 million, said Nepse on Wednesday.

The investors of Rastriya Beema Company earned the highest with Rs 420 per unit of shares, promoters gained Rs 150 per unit of shares while Omi Micro Finance lost Rs 150 per unit of shares today.









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