KATHMANDU, July 9 -- Some selling pressure was evident in the initial trading hour as the Nepal Stock Exchange (Nepse) index traded 15 points lower in the morning. Nonetheless, stocks saw upbeat movement after mid-day as the market recouped earlier losses to trade slightly in the green. Subsequently, the market wavered close to its opening level throughout the remaining trading hours. The index ended the day with a modest gain of 4.57 points at 1,331.10.

Following Wednesday's correction, the local bourse saw some sideways movement on Thursday as buyers and sellers remained evenly balanced on the day. Most of the stocks have seen positive movement after the resumption of trading at the end of June. Hence investors are cautiously waiting f...