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NEPSE Index Climbs 2.29% Amid Highly Volatile Trading Day

The Nepal Stock Exchange (NEPSE) experienced a highly volatile trading day today, as the NEPSE Index surged by 47.04 points, an increase of 2.29%, closing at 2,100.43 points.

The day began with a significant pre-opening surge of 32.44 points. When trading officially started at 11 AM, the NEPSE Index rapidly increased by 4.01% or 82.48 points, reaching 2,135.87 points within the first minute. This sharp rise triggered an automatic 20-minute trading halt to stabilize the market.

After trading resumed at 11:21 AM, another surge of 5% occurred within a minute, causing a second 40-minute trading halt to curb excessive volatility. During these halts, the total turnover reached Rs 14.17 Crore, highlighting the intense trading activity and strong investor interest.

Trading resumed again at 12:02 PM, but the market couldn’t maintain its earlier gains. By the end of the trading day, the NEPSE Index closed at 2,100.43 points, reflecting a positive change of 2.29% from the previous day’s closing level. This fluctuation showcased the dynamic nature of the day’s trading session, driven by rapid price movements and significant investor participation across various stocks.

Throughout the day, 315 stocks were traded in 60,720 transactions, with a total of 11,645,905 shares exchanged. The overall turnover for the day was Rs. 4.57 Arba.

NRN Infrastructure and Development Limited (NRN) led in turnover, with Rs. 12.33 Crores, closing at Rs. 680.50 per share. Meanwhile, Himalayan Distillery Limited (HDL) recorded the highest gain of 8.54%. Conversely, Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) faced the largest loss of 6.46%.

Sector-wise, the “Manufacturing And Processing” sector showed the highest gain of 3.30%, while the “Mutual Fund Index” saw the smallest gain of 0.36%.

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