Nepse surges by 28. 73 points on Monday
The Nepal Stock Exchange (NEPSE) gained 28. 73 points to close at 2, 639. 37 points on Monday.
Similarly, the sensitive index surged by 3. 84 points to close at 454. 92 points.
A total of 12,459,951-unit shares of 335 companies were traded for Rs 1. 50 billion.
Meanwhile, Sagar Distillery Limited (SAGAR), SY Panel Nepal Limited (SYPNL), Shreenagar Agritech Industries Limited (SAIL), Bandipur Cablecar and Tourism Limited (BANDIPUR) and Ru Ru Jalbidhyut Pariyojana Limited (RURU) were the top gainers today, with their price surging by 10. 00 percent.
Likewise, 10.30% Standard Chartered Bank Limited Debenture (SCBD) was the top loser as its price fell by 2. 49 percent.
At the end of the day, total market capitalization stood at Rs 4. 43 trillion.
Gold price increases by Rs 4, 600 per tola on Monday
The price of gold has increased by Rs 4, 600 per tola in the domestic market on Monday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 265, 000 per tola today. It was traded at Rs 260, 400 per tola on Sunday.
Similarly, the price of silver has increased by Rs 185 and is being traded at Rs 4, 685 per tola today.
Nepse plunges by 10. 29 points on Sunday
The Nepal Stock Exchange (NEPSE) plunged by 10. 29 points to close at 2, 610. 63 points on Sunday.
Similarly, the sensitive index dropped by 3. 22 points to close at 451. 07 points.
A total of 10,274,126-unit shares of 323 companies were traded for Rs 1. 48 billion.
Meanwhile, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) and Shreenagar Agritech Industries Limited (SAIL) were the top gainers today with their price surging by 10. 00 percent.
Likewise, Nyadi Hydropower Limited (NYADI) was the top loser as its price fell by 4. 32 percent.
At the end of the day, the total market capitalization stood at Rs 4. 38 trillion.
Import resumes through Rasuwagadhi border
With the resumption of the Rasuwagadhi border checkpoint, the import of goods from neighbouring China has begun.
According to the Border Security Post Rasuwagadhi, 18 electric vehicles (EV Micro-bus) entered Nepal from the Rasuwagadhi border checkpoint on Saturday.
These vehicles were imported for the first time in the current fiscal year and are currently in the parking area at Timure. The customs office has stated that the importers of these vehicles are working to pay the due revenue.
Similarly, on Saturday alone, 39 cargo containers carrying apples, ready-made clothes, garlic, vehicle spare parts, walnuts, batteries, and medical supplies entered Nepal.
Customs Office Spokesperson Thakur Gautam shared that since the reopening of the Rasuwagadhi border crossing last Thursday, 96 containers of goods have entered Nepal till Saturday and the inspection and clearance process for ready-made goods will begin from today. He said that perishable goods such as apples and walnuts are given priority for the customary inspection for clearance.
Meanwhile, the Office collected Rs 90.87 million in revenue in two days after the border crossing came back to regular operations.
The customs in the Nepal-China border point remained closed for a long time after the Miteri bridge connecting the two countries was washed away by the devastating floods in July last year.
The Chinese side has constructed a bailey bridge to bring back the customs point into operation.
