Nepal Stock Market Sees Significant Gains Following Finance Minister's Remarks
Summary
The Nepal stock market rose significantly following optimistic remarks from Finance Minister Swarnim Wagle, with the NEPSE index closing at 2760.02 points, up 83.33 points.
Key Points
- The NEPSE index rose by 83.33 points to close at 2760.02 points.
- Finance Minister Swarnim Wagle made optimistic remarks about the stock market which boosted investor confidence.
- Total turnover decreased despite the market rise, with 10.92 billion rupees worth of shares traded.
- Several companies, including Upakar Laghubitta and Bhujung Hydropower, hit positive circuit limits.