NEPSE Surges by 83.33 Points Following Finance Ministry’s Initiative to Address SBAN’s Six-Point Broker Issues
Summary
NEPSE surged by 88.33 points to close at 2,760.02 following the Finance Ministry's move to address six broker issues raised by SBAN, boosting market confidence.
Key Points
- NEPSE index rose by 88.33 points (3.11%) to close at 2,760.02 after a recent decline.
- The increase followed the Finance Ministry's initiative to resolve six issues highlighted by the Stock Broker's Association of Nepal (SBAN).
- Market turnover was Rs. 10.92 Arba with over 25 million shares traded across 345 companies.
- Hydropower sector gained the most among sectors, rising by 4.59%, while the Mutual Fund sector had the smallest gain at 1.40%.
