•      Mon May 20 2024
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NEPSE index rose by 37.70 points on Monday



nepse
Nepal Stock Exchange (file photo)

KATHMANDU: The NEPSE index, which measures share turnover, rose on Monday, the second day of the week. Most of the sub-indices traded on NEPSE have also increased. The NEPSE index rose by 37.70 points to 2,400.

Along with the NEPSE index, the Sensitive Index, which measures the trading activity of Class A companies, also rose by 4.95 points.

The share turnover has exceeded Rs 7 billion. The transaction amount is less than on Sunday. Despite a landslide of more than 54 points on Sunday, the turnover had reached close to Rs 9 billion.

Hotel group investors are seen earning the most on Monday. The hotel group’s sub-index rose about 8.76 percent. The microfinance group has declined. Investors in the microfinance group were among the biggest losers on Monday.

On the other hand, Progressive Finance and Century Commercial Bank had traded with high value as first and second position. Century’s share price rose on Monday due to rumors that it was merging with Nabil Bank.