Friday, November 15th, 2024

NEPSE records double-digit surge as new Finance Minister takes office


07 March 2024  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: The recent appointment of Finance Minister Barshaman Pun has sparked positive momentum in the Nepal Stock Exchange (NEPSE).

The first trading day following Pun’s assumption of office has seen a notable upswing in market enthusiasm.

NEPSE witnessed a robust double-digit improvement on Wednesday, with a rise of 51 points, reaching a total of 2030.55 points.

Today’s trading session involved the exchange of 8,929,151 shares among 309 companies, resulting in transactions totaling Rs 3,199,205,820.

Investors have responded optimistically to the new Finance Minister, actively participating in share transactions.

This positive trend is anticipated to contribute to market stability in the coming days.

 

Publish Date : 07 March 2024 18:47 PM

Nepal begins electricity export to Bangladesh

KATHMANDU: Nepal has begun exporting electricity to Bangladesh. Under a

Guru Nanak’s precepts still relevant: Vice President Yadav

KATHMANDU: Vice President Ram Sahay Prasad Yadav has expressed that

Gold price sees slight increase after two weeks of decline

KATHMANDU: The price of gold, which has been on a

Banks reduce interest rates for Mangsir

KATHMANDU: Commercial banks have reduced deposit interest rates for Nepali

President Paudel arrives home attending COP29 in Baku

KATHMANDU: President Ram Chandra Paudel has arrived home this morning