Bullish trend continues at NEPSE

The Nepal Stock Exchange (NEPSE) registered a growth of 30.31 points over the week with investors continuing to buy shares at higher prices.

Trade analysts explained that investors are buying shares at higher prices despite warnings from market watchers that the share prices of some companies were flying unreasonably high. NEPSE officials said that investors were driven by rumors while buying shares at higher prices and added that this has caused uninterrupted bullish trend in the stock market.

The data of NEPSE shows that its index rose to 1,055.73 points over the week, a steep up from last weeks 1.025.42 points.

The total turnover stood at Rs 747.8 million over the week, with 0.647 million units of shares changing hands in the bourse. nepalnews.com ag Dec 23 07

Related news
- Nepse crosses 1000 mark