NEPSE continue its dream run

Continuing its dream run, the Nepal Stock Exchange (NEPSE) posted a growth of 39.13 points over the week.

The stock market, which has been witnessing steady growth for the past few weeks, opened at 773.54 points to end at 812.67 points.

Trade analysts said that the growth was expected as share prices witness growth towards the end of a fiscal year.

The turnover stood at Rs 653.2 million, with 0.880 million-unit shares having traded over the week.

According to data provided by NEPSE, the commercial banks' group grew by 36.98 points to close at 812.72 points. Similarly, the hydropower companies rose by 79.25 points to end at 1,158.44 points, from 1,079.19 points.

Similarly, the finance group, development banks group, trading sector and hotels sector also gained significantly while manufacturing and insurance groups were the sole losers this week. nepalnews.com ag May 18 08

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