Stocks close the week slightly higher
KATHMANDU, Jan. 19 -- The Nepal Stock Exchange (Nepse) index which traded range bound in the previous week, witnessed slight strength in this week's trading. In spite of a slightly skeptic start on Sunday with a loss of almost 6 points, the benchmark index recovered all the initial losses by mid-week. After recouping 3 points on Monday, Tuesday saw the equity index add more than 17 points. The index came under pressure towards the end of the week with a loss of 8 points on Wednesday and Thursday combined. Nonetheless, the index closed the week 6.93 points or 0.59 percent higher to settle at 1,187.77 points.
With the gain seen on the review period, the index has closed in the green for a second straight week. However, the magnitude of gai...
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