NEPSE Bounces Back: Registers 0.46% Gain Amidst Political Uncertainty

The Nepal Stock Exchange (NEPSE) Index rebounded with a notable gain of 9.33 points or 0.46% from the previous day’s setback, closing at 2,017.03 points. This positive momentum followed a recent session where the index faced a significant loss of 70.31 points.

The trading day commenced with the index opening at 2,008.93, reaching an intraday low of 1,992.34, and achieving an intraday high of 2,036.32. During today’s trading, a total of 308 different stocks were traded in 58,940 transactions. The volume of shares traded amounted to 9,138,154, resulting in a total turnover of Rs. 3.45 Arba. The market capitalization stood at Rs. 31.70 Kharba, with a float market capitalization of Rs. 10.82 Kharba.

Sonapur Minerals And Oil Limited (SONA) led in turnover, reaching Rs. 33.37 crores and closing at a market price of Rs. 514.

In terms of gains, Dolti Power Company Limited (DOLTI) stood out with the highest gain of 10%, followed by Swarojgar Laghu Bitta Bikas Bank Ltd. (SLBBL) with an 8.70% increase.

Conversely, Molung Hydropower Company Limited (MHCL) faced the highest loss of 9.71%, followed by Global IME Balanced Fund-1 (GIBF1) with a 5.54% decline.

Among the sector indices, the “Finance Index” experienced the highest gain of 1.68%, while the “Banking Index” recorded a slight loss of 0.10%.

The market’s recent volatility is attributed to political uncertainty, and despite this, it concluded on a positive note with the mentioned gain in the NEPSE Index.


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