Nepse surges 42.26 points as election optimism lifts market
Summary
The Nepal Stock Exchange index surged by 42.26 points to close at 2,741.81 amid optimism ahead of the parliamentary elections, with strong gains across all sectors.
Key Points
- The Nepal Stock Exchange (Nepse) index jumped 42.26 points, closing at 2,741.81.
- Investor confidence improved due to optimism about the upcoming parliamentary elections scheduled for March 5.
- A total of 25,185,647 shares were traded, generating a turnover of Rs11.85 billion.
- All 13 sub-indices ended in positive territory, with life insurance and hotels and tourism sectors leading the gains.
