After suffering a downward spiral for the past few weeks, the Nepal Stock Exchange (NEPSE) finally showed some signs of recovery Tuesday.
The NEPSE index gained 5.15 points to close at 684.88 points at the end of the days trading.
Trade analysts said they can't really say for sure whether NEPSE is on a road of recovery or not, but added that the bear will certainly loosen its grip on the market in the coming days.
Although the capital market gained points, the total turnover and the number of shares traded declined, according to reports.
Tuesday's total turnover amounted to Rs. 68.24 million compared to Rs. 68.79 million on Monday. The total number of shares traded stood at 105,554 units. About 70 scripts were traded on Tuesday compared to 61 on Monday.
The top gainers on NEPSE were Chilime Hydropower Company with an increase of 7.92 percent in its share price. Meanwhile, the top losers on Tuesday were Imperial Finance Institute.
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Wednesday, June 10, 2009
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