Nepse surges 38.52 points on final trading day before elections
Summary
Nepse index surged 38.52 points to 2,707.12 on the final trading day before elections, with gains in life insurance, manufacturing, hotels, and tourism sectors.
Key Points
- Nepse index rose by 38.52 points or 1.44% to 2,707.12 points on election eve.
- Share prices of 254 companies advanced with most sectors gaining, except the trading sector which fell by 31 points.
- Life insurance, manufacturing and processing, and hotels and tourism sub-indices saw significant increases.
- Transaction volume was 61,329 with a turnover of Rs6.23 billion, led by Ankhu Khola Hydropower and Ridi Power Company.