KATHMANDU: With speculation that today’s Cabinet meeting might appoint a new Governor for Nepal Rastra Bank (NRB), the stock market showed signs of renewed enthusiasm.
On Monday, the Nepal Stock Exchange (NEPSE) index rose by 19.30 points, an increase of 0.74%, reaching 2,628.36 points.
Alongside the NEPSE rise, the market saw trading worth Rs 7.35 billion involving 16.2 million shares.
A total of 185 companies saw a rise in share prices, while 60 companies recorded a decline. The prices of two companies remained unchanged.
Altogether, 324 companies were traded today, with 71,287 individual transactions.
Out of the 13 sectoral groups, all except Hotels and Tourism recorded gains. The Development Bank group performed the best, increasing by 1.88%, while the Microfinance group posted the smallest gain at 0.13%.
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