Nepse shoots up

The domestic share market looked up on the New Year’s day posting 44.22 points or 3.18 per cent to close at 1,434.80 points on Monday.
Nepal Stock Exchange (Nepse) index that had been continuously falling from December 14 from 1,520.15 points has seen a hopeful climb up on Monday.
The Nepse, which had opened at 1,390.59 points Monday morning closed at 1,416.60 points within an hour of trading but retreated to 1,401.11 points over the next half an hour, again raising to close at 1,434.80 points for the day. The last time Nepse had closed at the current level was on December 26, when the market had settled at 1,447.04 points.
Standard Chartered Bank topped the list in terms of turnover with Rs 28.86 million, while its last trading price for the day was Rs 1,033 per unit.
Likewise, Prabhu Bank was forerunner in terms of most number of shares traded with its 82,802 unit shares changing hands and its last trading price was Rs 325 per unit.