NEPSE soars 25.55 points; life insurance and non-life lead

Summary

NEPSE rose 25.55 points on Monday as government plans to reform the secondary market lifted investor confidence. Life insurance and non-life insurance led the gainers while trade volume climbed to Rs 4.68 billion.

Key Points
  • The NEPSE index climbed 25.55 points, or about 1 percent, to close at 2,585.04 points.
  • Government consideration of action plans to reform the secondary market boosted investor confidence.
  • Life insurance and non-life insurance were the top gainers among the 12 sectors.
  • Trade volume rose to Rs 4.68 billion, with NRN Infrastructure and Development recording the largest share transaction.
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