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The Nepal Stock Exchange (NEPSE) gained 4. 89 points to close at 2,050.59 points on Wednesday.

Similarly, the sensitive index surged by 0. 97 points to close at 392. 50 points.

Meanwhile, a total of 4,133,709 unit shares of 215 companies were traded for Rs 1. 73 billion.

In today’s market, all sub-indices saw green except for Banking, Trading, Hotel and Tourism, HydroPower and Life Insurance.

Meanwhile, Multipurpose Finance Company Limited was the top gainer today, with its price surging by 5. 69 percent. Laxmi Equity Fund was the top loser as its price fell by 6. 33 percent.

At the end of the day, total market capitalization stood at Rs 2. 92 trillion.

Sri Lankan lawmakers chose six-time Prime Minister Ranil Wickremesinghe as president Wednesday to succeed the ousted leader who fled the country in a vote that risks reigniting political turmoil in the troubled South Asian island nation, Associated Press reported.

Former President Gotabaya Rajapaksa appointed Wickremesinghe as prime minister in May, hoping to bring stability to a country engulfed in its worst economic crisis in memory. Wickremesinghe became acting president after Rajapaksa fled the country last week and resigned by email.

Wickremesinghe, 73, is a seasoned politician with wide experience in diplomatic and international affairs. He has been leading crucial talks on an economic bailout package with the International Monetary Fund and was backed by members of the fragmented ruling coalition. But he is unpopular among voters who view him as a holdover from Rajapaksa’s government, according to Associated Press.

The vote of 134 lawmakers put Wickremesinghe ahead of former government minister Dullas Alahapperuma, who received 82 votes. 

The Ministry of Foreign Affairs has clarified that Prime Minister Sher Bahadur Deuba will visit the United States at an appropriate time.

The Ministry made it clear about the visit at a time when rumors have been making rounds that Prime Minister Deuba’s visit to the United States has been canceled.

Sewa Lamsal, spokesperson at the Ministry, said that the Prime Minister’s visit to the United States is being worked out at one level.

“The Prime Minister has been waiting for a favorable time to visit the United States. There is no truth about the cancellation of the visit,” she said.

The Ministry said that the reply about the cancellation of the State Partnership Program (SPP) will be sent to the United States only after the effective preparation.

A person died and other sustained injuries when two motorbikes collided with each other in Gaushala of Mahottari on Wednesday.

Police said that the motorbike (Province 2-02-003 Pa 7738) collided head-on with another motorbike (Province 2-02-001 Pa 8679) today.

According to the Area Police Office, Gaushala, the deceased has been identified as bike (Province 2-01-001 Pa 8679) rider Bibek Yadav (24) of Aurahi Municipality-2.

Similarly, biker (Province 2-02-003 Pa 7738) rider Krishna Yadav (25) of Rajkhor, Gaushala Municipality-4 was injured in the incident.

Inspector Ranjan Mishra said that Krishna, who was seriously injured in the incident, has been sent to Kathmandu for further treatment.

He said that they have impounded both the bikes.

The Area Police Office, Gaushala said that the body of Bibek has been sent to the District Hospital, Jaleshwor for postmortem.

A pedestrian died after being hit by a microbus at Nauranga in Geruwa Rural Municipality-6 of Bardiya on Tuesday.

The deceased has been identified as Basanta Tharu (32) of Rajapur Municipality-1, Bardiya.

Critically injured in the accident, he breathed his last during the course of treatment at the Nursing Home in Nepalgunj.

The microbus (Bhe 1 Kha 3364) heading towards Gola from Nepalgunj hit him at around 6 pm yesterday.

Police said that they have impounded the bus and arrested its driver for investigation.

The price of gold has increased by Rs 200 per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers' Association, the yellow bullion is being traded at Rs 94, 000 per tola today.

Meanwhile, tejabi gold is being traded at Rs 93, 500 per tola.

The yellow metal was traded at Rs 93, 800 per tola on Tuesday.

Similarly, the price of silver has increased by Rs 5 per tola and is being traded at Rs 1,165 per tola today.

Chitra Lekha Yadav has been appointed as the chief whip and Min Bishwokarma as the whip of the Parliamentary Party of the Nepali Congress.

Chief Secretary at the party office Krishna Prasad Paudel said that Parliamentary Party leader and Prime Minister Sher Bahadur Deuba appointed them on Wednesday.

Yadav has been appointed as the chief whip after Bal Krishna Khand was appointed the Home Minister.

Similarly, Nepali Congress central member Bishwokarma was appointed as the whip after Pushpa Bhusal was elected as the deputy speaker of the House of Representatives recently.

Barcelona have signed Poland striker Robert Lewandowski from Bayern Munich on a four-year contract worth 50m euros (£42.6m), BBC reported.

The 33-year-old had one year left on his contract with the German champions but in May said: "My story with Bayern is over.".

He has joined his new team-mates in Miami as part of Barcelona's four-match tour in the United States.

"I'm finally here. I'm delighted to be at Barca," Lewandowski said.

"The last few days have been very long, but the deal is done and now I can focus on a new chapter and challenge in my life. 

"I've always wanted to play in La Liga and for the big clubs. 

"I'm here to help Barca get back to the top and win as many titles as possible." 

Lewandowski, who had a buyout clause of 500m euros (£425.9m), joined Bayern on a free transfer in 2014 after his departure from Borussia Dortmund, according to BBC.

He scored 50 goals in 46 games last season as he helped Bayern win a 10th straight Bundesliga title. 

Lewandowski has scored 344 times in 374 games for the club and is their second-highest scorer of all time behind Gerd Muller.

He has won the league in all eight of his seasons at Bayern and also won the Champions League in 2019-20.

Lewandowski is Barcelona's fourth signing of the summer following Brazil winger Raphinha joining from Leeds United in a deal worth up to £55m, while Ivory Coast midfielder Franck Kessie and Denmark defender Andreas Christensen have arrived on free transfers after their respective contracts with AC Milan and Chelsea came to an end.

France winger Ousmane Dembele has also signed a contract extension with Barcelona this summer, BBC reported.

Meanwhile, Bayern have signed the Netherlands defender Matthijs de Ligt from Juventus on a five-year contract in a deal worth 77m euros (£65.6m).