NepalHUB - News - Spurred by entry of NT shares, NEPSE gains 62 points

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Spurred by entry of NT shares, NEPSE gains 62 points

After suffering a major loss last week, the Nepal Stock Exchange (NEPSE) index bounced back, posting a double digit growth of 62.29 points at the end of this week to finish at 1119.65 points.

Trade analyst attributed the growth to the entry of Nepal Telecom's shares in the stock market.

The Nepal Telecom's shares went up by around 36 percent to close at Rs 1,225 on Thursday, the last day of transaction of the week.

Others gainers this week were the Development Banks group and Trading group.

According to NEPSE, 692,590 units of shares worth Rs 650.01 million were traded through 3,649 transactions during the week at the sole secondary shares market of the country.

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