Following the excitement in the stock market, shares worth 11.85 billion rupees were traded on Tuesday.
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The Nepal Stock Exchange (NEPSE) index, a gauge of share trading, rose by 42.26 points, after rising 1.58 percent on Tuesday to 2,741.81 points.
Direct candidacy registration for the upcoming House of Representatives elections on Falgun 21 is underway across the country on Tuesday. Experts say that investors are excited after the election process is underway. This is the reason why the stock market has improved today.
In today's trading, while the share prices of 224 companies increased, the prices of 31 companies decreased, and the prices of 5 companies remained stable. A total of 11.85 billion rupees were traded in 111,181 share transactions. A total of 25,185,647 shares were traded.
All 13 sub-groups that were traded saw an increase. Life insurance increased the most by 243.14 points, and hotels and tourism by 241.55 points. The circuit break occurred after the share price of Gurkhaz Finance increased by 10 percent.
Similarly, Aankhukhola Hydropower increased by 8.13 points, Rapti Hydro and General Construction by 7.87 points, National Hydropower Company by 7.32 points, and NRN Infrastructure Development by 7.04 points.
