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NEPSE Index Surges by 2.38% to Close at 2,760.90 Points

The Nepal Stock Exchange (NEPSE) Index closed at 2,760.90 points today, marking a significant gain of 64.25 points or 2.38% from the previous day’s close. This follows an increase of 35.55 points in the previous session, pushing the index past the 2,700 mark.

The trading day started with the index opening at 2,708.25 points. Throughout the session, the index fluctuated, reaching an intraday low of 2,707.57 points and an intraday high of 2,791.02 points before settling at 2,760.90 points.

In today’s session, a total of 332 scrips were traded through 238,272 transactions, resulting in a substantial volume of 50,967,951 shares. This led to an impressive turnover of Rs. 21.91 Arba, marking the highest turnover in NEPSE’s history. The previous notable turnover exceeding Rs. 21 Arba occurred on August 15, 2021, during the bull market, peaking at Rs. 21.64 Arba. The market capitalization for the day stood at Rs. 43.80 Kharba, while the float market capitalization was Rs. 15.12 Kharba.

Himalayan Reinsurance Limited (HRL) led the market in turnover, achieving a value of Rs. 84.49 crores and closing at Rs. 745.90.

In terms of stock performance, ten companies emerged as the highest gainers, each hitting the upper circuit limit of 10%.

Conversely, Civil Bank Debenture 2088 (CBLD88) experienced the steepest decline, falling by 7.92%.

Analyzing the sector indices, all sectors ended the day in positive territory. The Finance Index led the gains with an 8.08% increase, while the Microfinance Index saw the least gain, rising by 0.63%.

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