Nepse surges by 11. 66 points on Sunday
The Nepal Stock Exchange (NEPSE) gained 11. 66 points to close at 2,755. 40 points on Sunday.
Similarly, the sensitive index surged by 0. 66 points to close at 458. 64 points.
A total of 21,206,005-unit shares of 328 companies were traded for Rs 11. 54 billion.
Meanwhile, Guardian Micro Life Insurance Limited (GMLI) was the top gainers today, with their price surging by 10. 00 percent.
Likewise, Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) was the top loser as its price fell by 6. 79 percent.
At the end of the day, total market capitalization stood at Rs 4. 57 trillion.
Gold price increases by Rs 300 per tola on Sunday
The price of gold has increased by Rs 300 per tola in the domestic market on Sunday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 170, 300 per tola today. It was traded at Rs 170, 000 per tola on Friday.
The price of silver, however, has dropped by Rs 20 and is being traded at Rs 1, 970 per tola today.
Gold price drops by Rs 1, 000 per tola on Friday
The price of gold has dropped by Rs 1, 000 per tola (11.66 grams) in the domestic market on Friday.
According to the Federation of Nepal Gold and Silver Dealers' Association, the precious yellow metal is being traded at Rs 170,000 per tola today. It was traded at Rs 171,000 per tola on Thursday.
Similarly, the silver is being traded at Rs 1, 990 per tola.
PRI, CNI sign MoU to work together on policies, industrial issues
The Policy Research Institute (PRI) and Confederation of Nepalese Industries (CNI) have signed a Memorandum of Understanding (MoU) to work in partnership in policies and research-related areas.
Executive Chairman of PRI Prof Dr Lekhnath Sharma and CNI Director General Ghanashyam Ojha signed the MoU on Thursday to forge collaboration between the two institutions to work policies and industrial matters.
PRI is a government think-tank working to review public policies, programs and strategies through research and analysis and provide policy recommendations to the government.
CNI Director General Ojha said the MoU is aimed at establishing links between industrial fraternity and academia, ensure collaboration on policies and industrial matters, carry out joint research and produce data, and work for capacity building.
The MoU between PRI and CNI is expected to contribute to create a synergy effect in the country's economy through enhanced coordination on drafting of policies.
