Kathmandu, March 12 -- Investors reached the breakeven level after shares of Reliance Spinning Mills Limited (RSML) surged for 12 days, closing at Rs 893.30 per unit on Thursday.
The stock traded near circuit levels for most of the period, except on Monday, when its price dropped by Rs 10.20 (1.49%) to close at Rs 675.30 per unit.
On Monday, the Nepal Stock Exchange (NEPSE) index climbed by six percent, triggering the final circuit breaker and halting trading for the day. This huge movement was connected to positive investor sentiment and expectations of political and economic stability, given the likelihood of a stable government following the successful conclusion of the March 5 parliamentary elections.
RSML's shares debuted at Rs 30...
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