NEPSE soars by two digits
Kathmandu, Jan 1: The domestic share market that had been in a continuous fall in earlier days increased by two digits Sunday thus hitting 1,466 points. According to Nepal Stock Exchange (NEPSE), the authorised agency for handling the domestic share market, started catching the bullish trend since its opening Sunday and increased by 22 points, comparing to the earlier chart.
A total of 108,406 units of shares worth Rs 5.73 million were sold and purchased in the today’s NEPSE market. However, there was a decrease in the market value of shares of those companies falling under the finance and production groups.
The share of Nepal Telecom was sold and purchased at Rs 698 per unit. The two-digit growth in the stock market has given a relief to investors who were worried by its continuous downfall, the NEPSE said.