August 19: Nepse closed at an all-time high of 1,191.92 on Wednesday. 

On Monday, the second day of the trading week, Nepse registered a 45 point increase from the previous trading day, and closed at 1157.6. Market watchers had said the index was likely to cross the 1175 point mark on Tuesday itself. However, it had closed at 1158.86 on Tuesday.

The highest, the index ever reached until today was on August 31,2008, when it closed at 1175.38.

According to analysts, the recent announcement by the central bank to make it mandatory for BFIs to increase their paid-up capital has encouraged new investors. Similarly, the news of insurance companies increasing their capital, and the publication of quarterly profit reports of listed companies has helped the index record a new high.

To add to that, the demand for shares of commercial banks has exceeded its supply, following the implementation of DEMAT trading. Ranabhat said not all shares of commercial banks have been de-materialised, and that is the reason why the supply has become low.