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Nepal Stock Exchange Sees Marginal Rise

In a bustling trading day, the Nepal Stock Exchange (NEPSE) witnessed a slight uptick, with the NEPSE Index inching up by 0.03%, settling at 2,018.76 points at the market close. This follows a previous session’s loss, indicating market resilience amidst fluctuations.

Opening at 2,023.33, the NEPSE Index experienced fluctuations throughout the day, reaching an intraday high of 2,029.10 and a low of 2,009.35. A total of 315 stocks were traded in 57,218 transactions, with a trading volume of 8,282,556 shares and a turnover of Rs. 4.23 Arba. Market capitalization stood at Rs. 32.01 Kharba, with a float market capitalization of Rs. 10.83 Kharba.

CEDB Hydropower Development Company Limited (CHDC) emerged as a highlight of the day, with a turnover of Rs. 43.90 Crore, closing at a market price of Rs. 810. However, Mandu Hydropower Limited (MANDU) faced a decline, losing 5.76% to close at Rs. 966.00.

In sector performance, the “Microfinance Index” led with a gain of 3.80%, while the “Finance Index” saw a decline of 1.45%.

Investors keen on Nepali stocks found the trading session filled with opportunities and market insights. Stay updated with the latest stock market news and trends for informed investment decisions.

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