NEPSE posts growth

The stock market continued to perform well for the 5th straight week as the Nepal Stock Exchange (NEPSE) index registered a growth of 52.02 points to reach 885.20 points from last week's closing of 833.18 points.

Altogether 80 companies saw their shares being traded at the sole secondary market of the country this week.

According to the data provided by NEPSE, commercial banks group registered 63.29 points growth to close at 897.96 points. Development banks, hydro and insurance groups were also among the gainers this week closing at 1139.99 points, 1225.33 points and 830.90 points respectively.

Groups in negative territory were the hotel group which lost 4.51 points to close at 397.42 points while the finance company group plunged by 67.98 points to 1035.42 points. nepalnews.com dr June 08 08

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