Union Life Shares Surged, 1.3 Million Units Demand

On the second day of trading, one hour after the start of trading on Monday, the shares of Union Life Insurance have seen a surge in buyers.

Within 38 minutes of the start of trading, 1,39,508 shares of the company were demanded by buyers and there were zero sellers.

Shares of the company rose 4 percent to Rs 355 per share in the same period.

During the special pre-open session, 10 shares of the company were bought and sold at Rs 342 per share.

The company’s shares were listed on NEPSE yesterday, August 1.

Similarly, Union Life had an opening range of Rs 115.13 to Rs 345.39 for the first transaction. Shares of Insurance were traded on the ULI ticker.