“NEPSE Index Shows Resilience with 6.55 Points Gain, Marking Positive Trends in Nepal’s Stock Market”

“NEPSE Index Shows Resilience with 6.55 Points Gain, Marking Positive Trends in Nepal’s Stock Market”

The NEPSE Index in Nepal has recorded a gain of 6.55 points, equivalent to 0.32%, surpassing the previous day’s closing and concluding at 1,994.60 points. This follows a 2.60 point increase on the day prior, and notably, after the recent review of the monetary policy on Friday, the index has seen a cumulative gain of 141.81 points over the course of five trading days.

The day’s trading began with the market opening at 1989.53. It experienced an intraday low of 1,973.42 but rebounded to reach an intraday high of 1,997.12.

Throughout today’s trading session, there were 300 different stocks involved in 66,955 transactions. The total volume of shares traded amounted to 9,637,455, resulting in a total turnover of Rs. 3.15 Arba. The market capitalization stood at Rs. 30.75 Kharba, and the float market capitalization was reported at Rs. 10.71 Kharba.

Sonapur Minerals And Oil Limited (SONA) led in turnover, reaching Rs. 16.04 crores, and closed at a market price of Rs. 361.80.

Similarly, eight companies experienced positive circuits for the day. Conversely, Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) faced the highest loss of 4.98%, followed by MLBS and CYCL at 4.78% and 4.04%, respectively.

In terms of sector indices, five sectors concluded in the red. The “Others Index” demonstrated the highest gain of 1.51%, while the “Trading Index” observed a loss of 0.92%.

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