NEPSE index gains 4.51 points

February 2, 2003
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The stock market got a boost last week as the NEPSE gained 4.51 points at the end of four day trading coinciding with the announcement of a ceasefire and peace talks between the government and Maoists to end a seven year communist insurgency.

The market opened at 199.03 points Monday and closed at 203.54 points Friday. Offices were closed Thursday to observe Martyrs’ Day.

Commercial bank share index rose to 196.72 from 189.77 points. Commercial bank shares captured 62.19 percent of the weekly market. Altogether 21,586 shares worth Rs.5.37 million were sold through 969 transactions. Nabil Bank led trading with shares worth Rs,924,000 sold.