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NEPSE Index Surges 2.54%, Closes at 2,485.94

The Nepal Stock Exchange (NEPSE) Index witnessed a significant surge, closing at 2,485.94 with an impressive gain of 61.61 points, or 2.54%, from the previous trading day’s close. This recent rise marks a remarkable gain of approximately 245.51 points over the last four sessions.

The trading session began with the index opening at 2,421.49 points, hitting an intraday low of 2,408.25 points, and an intraday high of 2,494.71 points before finally settling at its closing value of 2,485.94.

Throughout the day’s trading, a total of 315 scrips were exchanged through 177,467 transactions. The volume of shares traded amounted to 41,195,534, resulting in a significant turnover of Rs. 15.23 Arba.

Soaltee Hotel Limited (SHL) led the market with the highest turnover, reaching a value of Rs. 34.10 crores and closing at Rs. 512.

In terms of individual stock performance, three companies achieved the highest gain of 10% each, reaching the positive circuit for the day.

Conversely, Sikles Hydropower Limited (SIKLES) experienced the steepest decline, losing 10% for the day.

Regarding sector indices, all sectors closed in the green. The Trading Index registered the highest gain with an increase of 6.8%, while the Non-Life Insurance sector posted the smallest gain of 0.65%.

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