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Home Prime News

Nepse gains 11.68 points with transaction worth Rs 1.70 billion

CEO Tab by CEO Tab
July 12, 2022
in Prime News
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Share market rises by 74.93 points ahead of monetary policy
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Nepal Stock Exchange (Nepse) index rebounded from Monday’s loss, posting a nominal gain of 11.68 points to close trading at 1,927.28 points on Tuesday. 

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The Nepse opened for trading at 1,916.41 points and posted gains immediately before hitting an intra-day low of 1,908.89. But the index recovered and reached an intra-day high of 1,947.53 points before making some corrections to ultimately close 0.6% lower.

Among gainers, the share price of Saptakoshi Development Bank Ltd hit the positive circuit of 10%.   

Shares of Arun Kabeli Power Ltd were traded the most as the hydropower company registered a turnover of Rs 79.58 million. Gurkhas Finance Ltd and Shivam Cements were next on the list with respective turnovers of Rs 76.04 billion and Rs 74.01 million.

All the trading groups ended the day in green with maximum gains coming from the Hotels and Tourism sub-index. Finance and Hydropower sub-indices were up by 1.39% and 1.38%, respectively.

A total of 4.96 million units of 226 scrips worth Rs 1.70 billion were traded in the secondary market through 30,696 transactions. Market capitalization, the total worth of listed shares, reached Rs 2.75 trillion.

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