Nepse Achieves Another Milestone with All-Time High Transactions

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Nepse Achieves Another Milestone with All-Time High Transactions

February 27: Nepal Stock Exchange (Nepse) achieved another milestone on Wednesday (February 26) with yet another record of biggest-ever transaction in a single day.

Nepse Index, which has been rising since a month, not only broke its previous record of highest transaction set only a few days ago but also recorded the maximum share transaction in its history.

At the close of the day, Nepse witnessed a new record of share transactions worth Rs 4.15 billion, which is almost Rs 55 million more than the previous mark of Rs 3.60 billion set on Sunday (February 23).

A total of 9,906,000 units of shares of 180 companies were traded on Wednesday.

The Nepse index increased by 50.93 points to reach 1596.13 points, the highest in last 30 months. The last time Nepse index rose so high was on August 30, 2017, when was 1590.36 poitns.

The latest figure is the 20 th time that the daily transaction of Nepse crossed the mark of Rs 2 billion in a single day.  

The entry of new investors in the market is considered as one of the reasons of the encouraging transaction in the stock market.