Nepse closes flat on New Year's Day

January 2, 2019 10:14 am

KATHMANDU, Jan 2: The benchmark equity index surged almost 9 points in the beginning trading hour on Tuesday but gave up all of its gains in the afternoon. The Nepal Stock Exchange (Nepse) index then wavered around the unchanged line in the closing hours to end the first trading day of the year essentially flat. Finally, Nepse posted a marginal drop of 1.36 points to settle at 1,185.91 points.