NEPSE Index Sees Rise

The Nepal Stock Exchange (NEPSE) Index experienced a positive shift, climbing by 0.28% or 5.63 points to close at 1,966.23 points today, recovering from a previous loss of 2.06 points. The trading began at 1,963.45 and saw highs and lows ranging from 1,970.55 to 1,955.15, indicating a volatile day for traders.

A total of 49,332 transactions were recorded, involving 313 stocks and resulting in a trading volume of 7,058,399 shares. The turnover reached Rs. 3.12 Arba, contributing to a significant day in the market. The overall market capitalization stood strong at Rs. 31.17 Kharba, with the float market cap noted at Rs. 10.56 Kharba.

Among the standout performers, Nepal Finance Ltd. (NFS) led the turnover list with a remarkable closing at Rs. 548.00 per share, resulting from a turnover of Rs. 16.97 Crore. Additionally, gains were prominently seen in the hospitality sector, with Oriental Hotels Limited (OHL) and City Hotel Limited (CITY) registering increases of 8.46% and 7.99% respectively.

On the downside, Kumari Sabal Yojana (KSY) faced a significant drop, closing at Rs. 7.99, down by 8.48%. Despite the upbeat movement in most stocks, the Microfinance Index slightly receded by 0.90%, contrasting with a robust 6.96% rise in the Hotel and Tourism Index.

Today’s trading underscores a dynamic market environment in Nepal, reflecting varied investor sentiments and sector performances.


Please enter your comment!
Please enter your name here