NEPSE goes green on Wednesday, increases by 53 points « Khabarhub
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NEPSE goes green on Wednesday, increases by 53 points

04 June 2023  

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KATHMANDU: After the Finance Ministry’s clarification regarding the capital gain tax on the share transactions, the Nepal Stock Exchange (NEPSE) witnessed indicators grow green resulting in the 53-point rise on Wednesday.

The stock market index NEPSE increased by 53.03 points to 1,919.37 points on Sunday.

As the shares of all the groups increased, the shares of the hotel, product, and insurance groups increased remarkably.

Today, 45,57,000 shares of 270 companies were traded for one billion 656 million rupees. The Shivam Cement had the highest amount of transactions. It had a transaction worth 158.1 million rupees.

The shares of IGI Prudential Insurance increased by 10 percent and the shares of Samudayik Microfinance, Soalti Hotel, and Taragaon Regency increased by almost 10 percent on Wednesday.

Earlier, after the investors threatened the broker company and warned them not to trade, the trading started only one and a half hours after the market opened. The business opened after the Ministry of Finance clarified that there is no new arrangement on the capital gain tax on share trading.

Publish Date : 04 June 2023 19:02 PM

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