Kathmandu. The religious festivals have just ended, but it seems a festive season of another kind has started for the investors in the stock market. NEPSE has delighted the investors closing at 1,893.24 points today, its all time high. The previous highest was 1,881.45 on 27 July 2016.

On the last day of the week, the NEPSE index saw an increase of 18.43 points from Wednesday breaking its earlier record of the highest closing. The index had reached as high as 1,926.91 during the day, but had come down to below 1900 again.

17,188,099 shares were exchanged via 70,003 transactions, which is also a record itself. This is the highest number of transactions in a single trading day. The total market turnover reached Rs. 7.61 billion today, which again is the highest intraday turnover attained in the history of NEPSE.

On Thursday, development banks, hotel, life insurance and non-life insurance sectors saw a down slide but the increment in banking sector pulled the index up. The banking sector rose by 37 points on Thursday.

The COVID-19 pandemic has led to the downfall of all other economic sectors except the share market. It has been conjectured that investors have begun pouring their money in the stock market these days rather than other ventures. Another guess for the skyrocketing stock market is the decrease in the interest rates of banks and financial institutions.