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NEPSE Index Records Gains in Latest Trading Session, Led by Strong Performance in Hydropower Sector

In the latest trading session at the Nepal Stock Exchange (NEPSE), the NEPSE Index closed at 1,985.43 points, marking a notable increase of 16.24 points or 0.82% in comparison to the previous day’s closing figures. This follows a modest uptick of 4.26 points on Monday.

The trading day commenced with the NEPSE Index opening at 1,970.42 points and reaching a low of 1,960.62 points during the course of the trading session. However, it managed to climb to a high point of 1,986.72 points.

Throughout today’s trading activities, a total of 272 different stocks were traded, with an impressive 50,296 transactions taking place. This high trading volume amounted to 43,36,583 shares changing hands, contributing to a total turnover of Rs. 1.17 Arba. The overall market capitalization was reported at Rs. 29.92 Kharba, with a float market capitalization of Rs. 10.54 Kharba.

Reliable Nepal Life Insurance Limited (RNLI) took the lead in terms of turnover, with transactions worth Rs. 10.64 crores, closing at a market price of Rs. 485.50 per share. Similarly, Shuvam Power Limited (SPL) recorded the highest gain of the day at 10%, followed closely by Three Star Hydropower Limited (TSHL) with a gain of 9.99%.

Conversely, Emerging Nepal Limited (ENL) experienced the most significant loss for the day, with a decrease of 8.00%.

Looking at the sub-indices, both the Hotel and Tourism Index and the Trading Index concluded in the negative territory, while the “Hydropower Index” showcased the most substantial gain at 3.21%. The “Mutual Fund and Other” sub-index had a more modest gain, standing at 0.11%.

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