Kathmandu, December 10 : The Nepal Stock Exchange index has today seen an upward spiral of 12.49 points to close at 1144.19. Similarly, the sensitive index, which measures the performance of group ‘A’ stocks, has also increased 2.8 points to stand at 243.81.
The market witnessed the trading of over Rs 436 million worth of more than 1.2 shares of the total 163 companies.
Banking made a gain of 13.43 points, while hotel 23.87, development bank 18.8, hydropower 5.1, finance 4.4, non-life insurance 72.05, microfinance 18.08 and life insurance 18.69. Shares of two subgroups including production dipped however. Production declined 2.51 points and others 2.79.
Nepal’s trading cost is 44 percent higher than those of member countries of the South Asian Free Trade Area (SAFTA), according to a new government report highlighting deep-rooted...
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