The Nepal Stock Exchange (Nepse) has over the past few days breaking one record after the other. Though the country at present is under prohibitory orders with various restrictions in place it does not seem to have dampened the mood of share investors.
On Sunday, the benchmark index had touched 2,820 points setting a new record and today again it has broken another record. Today, along with the Nepse index, the daily transaction amount has also set a new record.
Today, the country’s sole secondary market witnessed transactions worth over Rs 13 billion. This is the first time in the history of the share market of Nepal that daily transactions has crossed that mark. Meanwhile, the benchmark index slightly crossed 2,823 points today.
Meanwhile, the sensitive index expanded by 1.31 points to rest at 508.49 points and float index rose by 0.13 point to close at 194.37 points.
Despite the share market breaking a record in terms of the daily turnover most of the subgroups today witnessed losses. The biggest loser today was the finance sub-index which dropped by 2.2 per cent or 36.42 points to 1,615.52 points. The subgroups that witnessed an increase are banking, hydropower, non-life insurance, investment and mutual fund.
The highest gainer today was the non-life insurance sub-index that increased by 1.39 per cent or 196.64 points to close at 14,366.17 points.
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