By RSS on Sep 10,2018 - 17:20
Nepal Stock Exchange (NEPSE) index continued to be on a downward spiral today with a dip by 8.1 points to close at 1210.
The sensitive index, which measures the values of class 'A' stocks, also went down by two points to sit at 256.16. The 11,59,272 shares of a total of 162 companies were traded at over Rs 277 million.
Share values of two sub-indices increased while values of other sub-indices suffered a fall. Production and microfinance made gains by 24.68 and 13.31 points, respectively. Likewise, banking (9.63 points), hotels ( 45.95), development bank ( 10.28), hydropower (10. 75 points), non life insurance ( 58.59 points), life insurance ( 20.18 points) and others ( 3.67 points) are those NEPSE sub-indices that closed at red marks.
It will take another two months for the share market to go fully online. The online transaction system however began testing on Monday. However, it will take another sixty days to become completely functional. Speaking at a press meet held at Nepal Stock Exchange on Monday, Chief Executive Officer Chandra Singh Saud said that failure to complete necessary physical
by RSS | Sep 18