The Nepal Stock Exchange (NEPSE) Index experienced a positive movement today, registering a gain of 1.13% or 22.75 points, reaching a closing value of 2,026.81 points. This follows a slight downturn of 2.73 points in the preceding trading session. The day began with an opening value of 2,009.05, and throughout the trading period, the index fluctuated, hitting an intraday high of 2,026.82 and a low of 2,000.36.
Trading activity was vibrant, witnessing transactions involving 311 different stocks across 64,221 transactions. The total volume of shares exchanged amounted to 11,210,102, translating to a turnover of Rs. 4.25 Arba. The market capitalization concluded at Rs. 32.13 Kharba, with a float market capitalization of Rs. 10.84 Kharba.
Nepal Reinsurance Company Limited Promoter Share (NRICP) took the spotlight of the day, generating a turnover of Rs. 95.20 Crore and closing at a market price of Rs. 281.00. Additionally, five companies experienced positive circuit trends.
On the downside, Taragaon Regency Hotel Limited (TRH) encountered a setback, experiencing a decline of 10% to close at Rs. 792.00.
In terms of sector performance, two sector indices concluded in negative territory. The “Finance Index” led the gains with a notable increase of 5.95%. However, the “Hotels And Tourism Index” saw a slight decline of 0.08%.