The Nepal Stock Exchange (Nepse) index, which has been on a bullish trend of late, increased by 34.59 points to close at an all-time high of 2,793.82 points today. In fact, the all-time highest was achieved on Monday (May 17) when the benchmark index closed at 2,759.21 points.
Though the country is in the midst of a crisis brought about by the coronavirus pandemic the country’s sole secondary market does not seem to have been affected by it. A total of 23,131,615 shares were traded through 115,961 transactions today. Similarly, the total turnover today stood at more than Rs 11.35 billion.
Meanwhile, the float index rose by 2.16 points to rest at 191.42 points while the sensitive expanded by 4.64 points to 497.22 points. In today’s trading besides the manufacturing and production subgroup all the other sub-indices witnessed an increase.
Apparently, the hotels and tourism subgroup witnessed the highest rise of 6.15 per cent or 200.18 points to close at 3,456.59 points. Meanwhile, the banking sub-index saw a marginal increase of 0.26 per cent or 4.71 points to rest at 1,826.78 points.
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