Bullish trend continues at Nepse

Bullish trend continued at the stock market as the Nepse index gained 13.92 points to close at 899.42 points on Thursday, the last day of stock trading.

However, trade analysts doubted the sustainability of the rise, saying that increase in share prices would only lead to overheating of the market.

The weekly turnover for this week was Rs 747.1 million with 9,35,119 unit shares traded. The total transaction was Rs 335 million in the previous week.

Commercial banks’ group, development banks’ group and finance companies were the gainers over the week while hydropower and other trading groups saw a fall in share prices. nepalnews.com ag Oct 07 07

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