NEPSE index increases double digit

Kathmandu, Dec 10 . The Nepal Stock Exchange index today surged by 12.49 points to close at 1144.19. Likewise, the sensitive index, which measures the performance of group ‘A’ stocks, has also increased 2.8 points to stand at 243.81.

The market saw the trading of over Rs 436 million worth of more than 1.2 shares of the total 163 companies.

Banking made a gain of 13.43 points, while hotel 23.87, development bank 18.8, hydropower 5.1, finance 4.4, non-life insurance 72.05, microfinance 18.08 and life insurance 18.69. Shares of two subgroups including production dipped however. Production declined 2.51 points and others 2.79.