Nepse rises for seventh straight day before Dashain, market to reopen Kartik 9

On Friday, the last trading day before the Dashain holidays, the Nepse index rose 8.23 points to close at 2634.17 points. With this, the market has risen for a seventh consecutive trading day. The index, which has gained ground every day since Asoj 22, has added only about 62 points over these seven days.

Today, 13.3 million shares of 348 companies were traded worth Rs 4.88 billion. The previous day's turnover was about Rs 4.70 billion. Share prices rose for 174 companies today, fell for 91, and stayed unchanged for 12. The banking sub-index rose 0.72 percent. All sub-indices except finance, investment, non-life insurance, trading and others closed higher.

Chirkhwa Hydropower's share price rose 14.82 percent and Beni Hydropower's rose 12.46 percent. Siddhartha Bank's 2089 debenture, however, fell more than 5 percent. Ghalemdi Hydro saw the highest turnover, at Rs 204.9 million.

Because of the Dashain holidays, the stock market will now reopen only on Monday, Kartik 9.