KATHMANDU: On the first day of the week, a new history was established in the stock market. The NEPSE index, a measure of share turnover, rose to a new record on Sunday. The stock market, which looked stable on Monday, has managed to set a new record on Tuesday again.
On Tuesday, the NEPSE index gained by 53.44 points and reached 2960.14 points. The NEPSE set a new record in the index whereas the transaction amount also reached around Rs 17 billion.
Out of 149,708 transactions, 35.7 million shares were bought and sold and the transaction amount exceeded Rs. 16.95 billion. The Sensitive Index, which measures the trading activity of Class A companies, rose by 7.47 points.
Investors in the hotel/tourism and microfinance groups did not earn much as most of the groups traded on NEPSE gained. The sub-index of these two groups has declined despite the upswing in the market.
While the microfinance group declined by 24.21 points, the hotel also declined by 16.46 points. Investment group also declined by 0.88 percent while all other groups increased.
The development banks group gained by more than 9 percent, while the finance group rose by 8.71 percent.
