Image by Peggy und Marco Lachmann-Anke from Pixabay Kathmandu, September 1 After

From Onlinekhabar English

Image by Peggy und Marco Lachmann-Anke from Pixabay Kathmandu, September 1 After falling for six consecutive trading days, the stock market rose on Tuesday. Compared to the previous day, the NEPSE index rose 9.24 points today. Following this increase, the NEPSE index stood at 2,522 points. Trading volume declined. While the previous day saw turnover of Rs 3.64 billion, today’s turnover was Rs 2.89 billion. The share prices of 182 companies rose, 84 fell, and 11 remained unchanged. Following last Wednesday’s severe flood, the sectors that had been under pressure in the market until the previous day turned positive today as well. The hydropower sector rose the most, up 1.01 percent. Manufacturing and processing fell 1.00 percent. All sector indices other than manufacturing and processing rose. Banking rose 0.18 percent, development banks 0.11 percent, finance 0.25 percent, hotels and tourism 0.66 percent, investment 0.61 percent, life insurance 0.89 percent, microfinance 0.05 percent, non-life insurance 0.87 percent, others 0.54 percent, and trading 0.10 percent. Upper Mailung Khola Hydropower Company’s share price rose the most, up 7.15 percent.