© All rights reserved. NepalKhabar

Business

NEPSE gains bull run, witnesses 3rd circuit breaker

Nepalkhabar

Nepalkhabar

 |  Kathmandu

Nepal Stock Exchange (NEPSE) index has gained a bull run with whopping 111 points on Sunday, the first trading day of the week.

With the sudden increase in the share prices, the bench mark index witnessed a circuit breaker for the third time today.

The stock markets witnessed positive indicators following the quarterly review of the Monetary Policy of the fiscal year 2023/24 made publilc by Nepal Rastra Bank.

The market regulator closed for 20 minutes after it witnessed the first circuit breaker and then went for a pause for 40 minutes for the second circuit breaker after the index went up by 5 percent.

With the third circuit breaker that was clamped after the index surged by 6 percent, the NEPSE closed for a whole day, posting a turnover of 480 million rupees.

 



Comments

Related News

Commuters question mere 2% fare cut despite massive drop in fuel prices

Despite a heavy reduction in fuel prices by the Nepal Oil Corporation (NOC), commuter and freight t…

Finance Minister directs SEBON Chair to prioritize investor protection, market reform

Minister for Finance, Dr Swarnim Wagle, administered the oath of office and secrecy to newly appoin…

Nepal forms Parliamentary Friendship Group with Azerbaijan

Nepal has formally established a Nepal-Azerbaijan Parliamentary Friendship Group, marking a new ste…

10,845 EVs worth Rs 25.55 billion imported in 11 months of current FY

Ten thousand eight hundred and forty-five electric vehicles worth Rs 25.55 billion have been import…
Copyright © 2021 Nepalkhabar. All Rights Reserved. Designed by Curves n' Colors. Powered by .