Nepse rises by 22 points
Summary
Nepal Stock Exchange surged initially but closed with a modest gain of 22.59 points at 2,582, amid Rs5.27 billion turnover and mixed sector performance.
Key Points
- Nepse index surged 102 points within first 3 minutes on Thursday but closed with a 22.59 point gain at 2,582.
- A 20-minute trading halt was triggered by the circuit breaker rule due to the sharp initial rise.
- Total daily turnover was Rs5.27 billion, slightly down from Rs5.76 billion the previous day.
- Banking, development bank, finance, hydropower, insurance, and hotel sectors saw an average gain of around 1 percent, while the trading sub-index declined 1.48 percent.
