NEPSE on bullish trend in wake of new government

The Nepal Stock Exchange (NEPSE) index has posted a double digit gain on the first trading day today amid the formation of the new government under the leadership of the CPN (Maoist Centre).

The index increased 56.88 points to close at 1924.09 points. Similarly, the sensitive index also surged 8.38 points to reach 375.45 points.

The total market capitalisation has also gone up to reach over Rs 352 billion.

Out of the total 13 subgroups, all except others increased. Over 5.6 million shares of the total 250 companies were traded at more than Rs 2.9 billion.