NEPSE witnesses increase by 75 points

1 July Kathmandu : The Nepal Stock Exchange (NEPSE) has concluded today’s transaction after recording NEPSE index with a rise by six percent.

The share market measuring body, NEPSE saw increase for the past two consecutive days. It however decreased by two digits last Monday, the day share market opened after a gap of around 100 days.

It made positive circuit on Tuesday and today. The NEPSE informed that it grew by 65.77 points and reached 1366.54 points. Even the sensitive indexes increased by 5.55 percent. A total of 135 companies made the transaction of 1.1 million points of share in Rs 47 million. Among 12 subgroups making transaction, hotel subgroup failed to see any increase but continued to fall.

Other 11 groups recorded increase. The hotel index dropped by 5.15 points while banking sector witnessed rise by 82.3 points, trade by 33.48 points, development banks by 57.06 points, hydropower by 33.67 points, finance by 4.75, production by 102.57, life insurance by 548.53 points, by microfinance by 101.23 points and non-life insurance by 322.41 points.

Similarly, among those in the business, Nepal Life Insurance Company is in the top position. It transacted its share at Rs 67 million. It was followed by Kumari Bank Ltd.