After the end of the political uncertainty and the country moving towards the path of peace and stability the index of Nepal Stock Exchange (Nepse) registered an impressive growth of 11.4 points in its index over the week.
According to data of the Nepal Stock Exchange, the Nepse index opened at 331.88 points on Tuesday, after a 19-day general strike in support of pro-democracy movement, reached to 343.28 points on Wednesday, when the weekly share market closed.

The Nepse floor was earlier closed for 19 days as employees and brokers went on strike in support of the protest called by seven-party alliance (SPA). The strike by employees at Nepal Bank Ltd also hampered transactions at Nepse as halt in transactions in the central bank made them unable to clear and settle payment of traded shares.

The report shows that a total of 47,949 unit shares worth Rs 24.56 million were traded over the week.

According to experts, the restoration of democracy has improved sentiments of investors, promoting them to buy shares at higher prices. nepalnews.com pb Apr 30 06