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NEPSE on Bullish Trend after Issuance of Monetary Policy   

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NEPSE on Bullish Trend after Issuance of Monetary Policy   
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July 25: Nepal Stock Exchange (NEPSE) index closed all green on Sunday, the opening day of the week that marked the first transactions following the issuance of a new monetary policy.    
The government had unveiled the monetary policy for the current fiscal year (FY 2022/23) on Friday. The policy has omitted the provision of a lower ceiling in acquiring loan against share. Besides, it allows loan up to Rs 120 million against share.    
The NEPSE index increased 61.05 points to close at 2,078.51 points. Similarly, the sensitive index also surged 12.09 points to reach 398.33 points. Over 6.4 million shares of the total 219 companies were traded at more than Rs 2.7 billion on Sunday. Points of all subgroups in the NEPSE have increased.    
Banking sector gained 22.88 points, trading 88.01 points, hotel and tourism 74.2 points, development banks 177.32 points, hydropower 84.5 points, finance 117.99 points, production 100.39 points, others 103.82 points, microfinance 175.17 points, life insurance 207.77 points, mutual fund 0.17 points and investment 2.1 points.    
The market capitalization after the transactions on the week's first day of trading is equivalent to Rs 2967.98 billion. -- RSS  

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