Relief in market: NEPSE up by 39 points

Published On: March 27, 2018 05:11 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, March 27: NEPSE saw positive growth on Tuesday as the market was up by 39.16 points. The only stock market of the country, crashed on Monday as the benchmark index plunged 51.89 points, or 4.25 percent, on a single day to close at 1,168.55 points. 

The sensitive index saw important growth of 8.09 points to 257.74. The total turnover of the day was Rs 511.553 million from the total transaction of 1,546,060 units of shares of 166 companies. Except for trading sub-index, all other sub-indices saw green before the end of the trading.

The stock market which was on a downward trend since the last few months went into a freefall on Monday as investors scrambled to sell their shares in the bearish market. The investors union on Monday approached the government to act on the issue, following which, it has been said that the share market saw slight relief on Tuesday. 

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