Daily Commentary: Nepse benchmark index jumps 29.68 points
KATHMANDU, Nov. 24 -- The Nepal Stock Exchange (Nepse) index opened slightly higher and traded around 10 points higher in the morning. Further, stocks saw considerable strength after mid-day. A steady followed where the benchmark rose more than 30 points in the late afternoon. After a slight retracement towards the close, the index closed with a gain of 29.68 points at 1,810.11.
After consolidating around 1,780 point's mark in the previous two sessions, investors showed enthusiasm to take buying positions, as the equity market portrayed no sign of substantial correction. Total turnover, subsequently, increased against the day earlier to Rs. 5.44 million.
Trading and Manufacturing/ Processing sectors led the day's charge. The sub-indices...
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