KATHMANDU: The Nepal Stock Exchange (NEPSE) continued its upward trend on Thursday, the last trading day of the week, rising by 10.43 points to close at 2,676.03.
With this, the market has gained every single trading day this week. NEPSE, which stood at 2,560 points last week, has added 116 points in the span of five days.
Meanwhile, the total turnover slightly dipped. Thursday’s trading amounted to Rs 6.66 billion, down from Rs 6.69 billion the previous day.
A total of 131 companies saw their share prices rise, while 121 declined and six remained unchanged. The banking subgroup led the market, recording the highest gain of 1.47 percent.
Development banks were up by 0.17 percent, hotels and tourism by 0.33 percent, hydropower by 0.01 percent, investment by 0.72 percent, life insurance by 0.14 percent and non-life insurance by 0.08 percent.
In contrast, trade fell by 0.14 percent, others by 0.05 percent, manufacturing and processing by 0.26 percent, microfinance by 0.35 percent and finance by 0.38 percent.
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