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Muglin-Narayangadh road to open 24 hrs from today

Gorkha Post

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CHITWAN — The Muglin-Narayangadh road section — that used to be closed for 6 hours from 10am to 4pm everyday — will now be open 24 hours will now be operational round-the-clock from Wednesday, according to project officials.

Narayangadh-Muglin road project information officer Engineer Shiva Khanal informed that about 91.5 percent work at the 36-km road section has been completed.

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According to officials, the first phase of the blacktop of 33.2 kilometres road was completed last midnight. Likewise, second layer of blacktop was completed in 32.7 kms while the third layer was also completed in 12.7 kms.

The first and second layer of the blacktop would be each six centimetre each while the third layer would be four centimetre thick.

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Economy

NEPSE stabilises

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KATHMANDU- The Nepal Stock Exchange (Nepse) index has stabilised to some extent as compared to the first trading day on Sunday when it suffered a sharp dip.

The NEPSE index increased 0.9 points to close at 1131.73. Likewise, the sensitive index, which measures the performance of group ‘A’ stocks has also risen 0.06 points.

Over 2 million shares of a total of 156 companies were traded at more than Rs 637 million. Of the total 11 subgroups, four made gains, and the rest seven declined.

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Development bank surged 4.7 points, while non-life insurance 92.1 points, life-insurance 13.57 points and others 0.43 points.

But, banking dipped 0.27 points, while trade 1.18 points, hotel 2.04 points, hydropower 2.17 points, finance 1.82 points, production 9.21 points and microfinance 8.31 points.

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