NEPSE gains 27.94 points after FinMin announces stock market reform plan
Summary
NEPSE rose 27.94 points to close at 2,559.49 after Finance Minister Dr Swarnim Wagle announced a 10-12 point stock market reform plan. Investors also traded Rs 4.36 billion worth of shares, with hydropower leading sector gains.
Key Points
- NEPSE closed up 27.94 points at 2,559.49 after two straight days of decline.
- Finance Minister Dr Swarnim Wagle said the government will introduce a 10-12 point stock market reform plan next week.
- Wagle has sought a legal reform plan from SEBON based on recommendations submitted by SEBON Chairman Dr Gopal Bhatt.
- Trading turnover rose to Rs 4.36 billion, while the hydropower sub-index posted the biggest gain.
