NEPSE sees double-digit surge


Kathmandu, Nov. 13: The domestic stock market which had been on a bearish run for the past few days, maintained its position however, today, as it gained about 14 points today, the third day of the week.
The Nepal Stock Exchange (NEPSE) index surged 13.97 points to close at 1,207.31 points. The sensitive index that measures the values of 'A' class companies' shares closed at 256.87 points with a 3.31-point increase.
Despite the rise in the NEPSE index, there was no encouraging rise in the turnover. A total of 174 million 155 thousand 390 units of share of a total 150 companies were traded today. Among nine sub-indices traded today, one sub index 'finance' closed with a red notification, indicating 0.24-point fall in share values.
Remaining sub-indices such as banking (14.69 points), hotel (36.57), development bank (12.59), hydropower (0.28), non-life insurance (75.14), others (6.56), microfinance (10.58) and life insurance (77.09) picked up.
The shareholders of Unnati Microfinance, Aarambha Microfinance and Saptakoshi Development Bank earned today while the investors of NMB Microfinance, Himalayan Power Partner and Everest Insurance suffered a loss. RSS

Related News

Parliamentary committee directs govt to present casino regulations bill

Kathmandu, Sept 30: The Social Justice and Human Rights Committee under the Legislature-Parliament today has directed the government to bring the then enterpriser of Nepal Recreation Centre under the ambit of law. The centre was accused of not paying the tax to government and not providing the salary to the…

Essar-Rosneft deal not violative of sanctions: U.S.

WASHINGTON, Oct. 20: The United States does not see violation of any U.S.-EU sanctions in the recent deal between India’s Essar Oil and the Russian oil giant Rosneft, in which the Russian government has a majority stake. “I don’t think we see any violation of any U.S.-EU sanctions stemming from this…

Despite efforts, India moves up only one place on ease of doing business rankings

NEW DELHI, (INDIA), Oct. 26: India moved up only one position in the International Finance Corporation's (IFC) ease of doing business rankings, triggering a strong reaction from the Indian government which said the string of reform initiatives undertaken by it in the last one year had not been factored in by the World Bank arm. The…

Nepal eligible for MCC fund

Kathmandu, Nov. 5: Nepal has passed 16 out of 20 indicators on U.S. Millennium Challenge Corporation’s Scorecard, and thus become eligible for receiving MCC fund. The U.S. Government’s Millennium Challenge Corporation (MCC) released its fiscal year 2017 scorecards this week – a key component in the agency’s annual competitive selection…

Indian Rs. 500, Rs. 1000 currency notes to be out of circulation from midnight Tuesday

NEW DELHI, Nov. 9: Indian Five hundred and 1,000 rupee notes will cease to be legal tender from midnight on Tuesday, Prime Minister of India Narendra Modi announced in a surprise address to the nation. He said the decision was taken to root out the menace of black money and corruption.…

Pakistan won't be able to copy new notes: Intelligence agencies

NEW DELHI, Nov. 10: Intelligence agencies of India vetted the new denominations of Rs 2,000 and Rs 500 notes asserting that its security features will be next to impossible to replicate for Pakistan and organised criminal networks for some time to come.A top government official without going into the details,…


Find Us on Facebook

From Social

Tokyo (Japan), Sept. 13: A new leadership assumed responsibilities at the Non Resident Nepalese Association (NRNA), Japan on Sunday. The new office bearers took oath of office and secrecy after a long fought battle resulting from dissatisfaction from those who…

Lama led officials assume responsibility in NRNA Japan