Nepse ends week higher, buoyed by insurance stocks
KATHMANDU, Dec. 7 -- Indecision prevailed in the initial trading days of the week as flat trading marked Sunday and Monday's sessions. The Nepal Stock Exchange (Nepse) index inched 0.06 points higher on Sunday, while Monday saw a modest dip of 0.86 points.
Stocks saw some strength on Tuesday with the index climbing 3.75 points. The exchange extended its gains in the latter trading days. On Wednesday, the index posted a gain of 8.73 points. Subsequently, Nepse rose 7.45 points on the last trading day of the week. Overall, the benchmark index closed the week with a gain of 19.13 points or 1.72% at 1,131.92 points.
Dividend announcements in the months earlier as well as recent earning results failed to uplift investors' sentiment in the we...
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