Nepse in Declining Trend

Nepse index recorded a marginal loss fo 7.81 points  on Sunday to close at 463.1 points.

Sensitive Index that measures the trading of Category ´A' companies in the secondary market also decline  by 3.9 points to settle at 112.6 points.

Decline in the sub-indices of most of the trading groups pushed the benchmark Nepse to the red territory. Banking, Development Bank, Ficance, and  others groups saw their sub-indices go down. However, the sub-indices of Hydropower and Insurance groups went up.

The sub-indices of Banking and Others groups decrease by 7.35 points and 21.15 points to close at 437.57 points and 539.3 points respectively. Similarly, sub-indices of Development Bank and Finance groups went  down by 0.89 and 0.62 points respectively, to settle at 473.92 and 409.52 points respectively.

However, Hydropower and Insurance groups moved in the green zone gain by 24.24 and 0.61 points to close at 749.5 and 549.85  points.more....

NEPSE reach to 470.91 points

After shedding points for many consecutive days, Nepal Stock Exchange index recorded a marginal gain of 15.16 points to close at 470.91 points on Thrusday.

Sensitive Index that measures the trading of Category ´A' companies in the secondary market also inched up by 3.9 points to settle at 114.96

points.

Rise in the sub-indices of most of the trading groups pushed the benchmark Nepse to the green territory. Banking, Hotels, Development Bank, Ficance, Insurance and Hydropower groups saw their sub-indices go up, albeit, marginally. However, the sub-indices of Trading groups went down.

The sub-indices of Banking and Hotels groups increased by 15.67 points and 7.82 points to close at 444.92 points and 417.76 points respectively. Similarly, sub-indices of Development Bank, Hydropower, Finance, Insurance and Others groups went up by 1.27, 18.94, 2.59, 1.55 and 31.72 points respectively, to settle at 474.81, 725.26, 410.14, 549.24, and 560.45 points respectively.

However, Trading groups moved in the red zone losing by 5.31 points to close at 276.77 points.

China providing duty-free facility to Nepal

China is providing duty free facility to Nepal from July 1. China also provide this facility to 33 underdeveloped countries, including Bangladesh and the Maldives of South Asia. Twenty-six African countries are also benefited from this facilities.

According to the Chinese news reports Nepal’s northern neighbor will provide duty-free access to 4,768 products imported from 33 countries. Duty- free-products include Textile, agriculture, mineral, steel, silver and water will get zero-duty access.