NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover

NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover

The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points.

Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29.

In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. 10.63 Kharba.

Gurkhas Finance Ltd. (GUFL) took the spotlight, registering a turnover of Rs. 10.21 Crore and closing at a market price of Rs. 787.10.

Likewise, Dolti Power Company Limited (DOLTI) recorded the highest gain of 9.88%, trailed by NIC ASIA Laghubitta Bittiya Sanstha Limited (NICLBSL) with an 8.47% increase.

On the flip side, People’s Power Limited (PPL) witnessed a downturn, dropping 7.46% to conclude at Rs. 608.

Regarding sectors, two sector indices ended in the red, with the “Manufacturing And Processing Index” leading with a 1.90% gain. However, the “Mutual Fund Index” saw a dip of 0.43%.