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The Nepal Stock Exchange (NEPSE) gained 18. 45points to close at 2,022. 91 points on Tuesday.

Similarly, the sensitive index surged by 2.56 points to close at 386. 24 points.

A total of 8,704,477-unit shares of 286 companies were traded for Rs 2. 09 billion.

Meanwhile, Menchhiyam Hydropower Limited and Manakamana Engineering Hydropower Limited​​​​​​​were the top gaines today, with its price surging by 10. 00 percent. Likewise,
Himalayan Laghubitta Bittiya Sanstha Limited was the top loser as its price fell by 5.87 percent.

At the end of the day, total market capitalization stood at Rs 1. 08 trillion.

The price of gold has dropped by Rs 400 per tola in the domestic market on Tuesday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 111, 800 per tola today. It was traded at Rs 112, 200 per tola on Monday.

Meanwhile, tejabi gold is being traded at Rs 111, 250 per tola. It was traded at Rs 111, 650 per tola.

Similarly, the silver is being traded at Rs 1,400 per tola today.

The Nepal Stock Exchange (NEPSE) plunged by 5. 89 points to close at 2,004.45 points on Monday.

Similarly, the sensitive index dropped by 1. 94 points to close at 383. 67 points.

A total of 6,516,006-unit shares of 284 companies were traded for Rs 1. 56 billion.

Meanwhile, Mai Khola Hydropower Limited was the top gainer today with its price surging by 10. 00 percent. Likewise, Shuvam Power Limited and Three Star Hydropower Limited were the top losers as their price dropped by 10. 00 percent.

At the end of the day, the total market capitalization stood at Rs 3. 03 trillion.

During Prime Minister Pushpa Kamal Dahal’s official visit to China, the Confederation of Nepalese Industries (CNI) and the China Council for the Promotion of International Trade (CCPIT) have solidified their commitment to strengthen economic ties and cooperation between Nepal and China.

This understanding culminated in the signing of a Memorandum of Understanding (MoU) between CNI and CCPIT. The MoU paves the way for the establishment of the Nepal-China Business Council, reflecting the deep-rooted friendship and the strategic geographical proximity between the two nations.

The primary objective of the Nepal-China Business Council is to enhance bilateral economic cooperation between the two friendly nations. To achieve these goals, CNI and CCPIT have outlined a comprehensive roadmap, including the formation of the council itself. Under the terms of the MoU, the Nepal China Business Council will consist of four members, with two representatives nominated by each organization. CNI will appoint two office bearers, and CCPIT will nominate two members to serve on the council.

Likewise the council’s functions will encompass the exchange of valuable information and insights to streamline business activities, conducting research and study-related initiatives, creating networking opportunities to fuel growth in business, trade, and investment, and organizing exchange visits, conferences, dialogues, webinars, seminars, focused group discussions, training programs, and trade fairs to explore and introduce markets and trade opportunities, while also examining policies and regulations in both countries.