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NEPSE Index Surges by 1.51%

The Nepal Stock Exchange (NEPSE) Index concluded the day with a notable gain of 31.62 points, equivalent to a 1.51% increase from the previous day’s closing, reaching a total of 2,120.62 points. This follows a slight loss of 0.62 points in the index during the preceding trading day.

The market commenced today with the index opening at 2,093.48. It experienced fluctuations throughout the day, reaching an intraday low of 2,093.44 and achieving an intraday high of 2,121.67.

During the day’s trading activities, a total of 314 different stocks were exchanged in 94,526 transactions. The total volume of shares traded amounted to 16,605,234, contributing to a turnover of Rs. 5.45 Arba. The market’s capitalization stood at Rs. 33.30 Kharba, with a float market capitalization of Rs. 11.50 Kharba.

Nepal Reinsurance Company Limited Promoter Share (NRICP) recorded the highest turnover, reaching Rs. 35.68 crores, and closed at a market price of Rs. 100.

Eleven companies experienced positive circuit trends for the day, while Mega Mutual Fund -1 (MMF1) incurred the highest loss of 9.53%.

In the sector indices, two sectors closed in the red. The “Hydropower Index” exhibited the most substantial gain of 4.58%, while the “Trading Index” faced a loss of 0.94%.

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