Nepal Stock Market Soars: NEPSE Index Climbs, Posting Strong Gains!
The Nepal Stock Exchange (NEPSE) experienced a phenomenal day, closing on a remarkably positive note. If you’re following the stock market in Nepal, you’ll want to hear this! The NEPSE index skyrocketed by a substantial 75.84 points on Thursday, settling at an impressive 2870.63. This robust performance showcases a booming bull market and widespread gains across all sectors.
A truly remarkable feat: all 13 sub-indices concluded the day in the green! This demonstrates a healthy and vibrant market sentiment, fueled by vigorous investor participation and a clear buying interest throughout the day. This is good news for those invested in Nepalese stocks!
Trading Volume Surges: Market Activity Explodes!
The daily turnover of the stock market reached an approximate NPR 16.59 arba! This significant volume indicates a high level of market activity and demonstrates strong trading volume. A massive 3 crore 86 lakh shares from 311 listed companies changed hands during the day, reflecting a day of high activity within the stock market.
NRN Infrastructure and Development Limited led the charge in terms of trading volume, emerging as the most actively traded stock of the session. Keep a close eye on these top stocks as you invest in Nepal.
Top Gainers Emerge: Stock Market Winners Revealed!
A whopping 240 companies witnessed a surge in their share prices, a testament to the widespread gains across the Nepalese stock market. The top performers included:
- Trade Tower Limited
- Three Star Hydropower
- Shubham Power Limited
- Eastern Hydropower
- Barahi Hydropower
These companies saw notable price increases, significantly contributing to the overall NEPSE index’s upward trajectory. Consider these when planning your stock investments!
Few Decliners Amidst the Rally
Even in the midst of the strong upward movement, 9 companies experienced a slight dip in their share prices. However, the overall market outlook remains extremely positive, and these declines were minor compared to the broader gains.
Stay tuned for more stock market news and insights.
