NEPSE Index Ends with Modest Gain, Gurkhas Finance Ltd. Tops Turnover


The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points.

Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29.

In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. 10.63 Kharba.

Gurkhas Finance Ltd. (GUFL) took the spotlight, registering a turnover of Rs. 10.21 Crore and closing at a market price of Rs. 787.10.

Likewise, Dolti Power Company Limited (DOLTI) recorded the highest gain of 9.88%, trailed by NIC ASIA Laghubitta Bittiya Sanstha Limited (NICLBSL) with an 8.47% increase.

On the flip side, People’s Power Limited (PPL) witnessed a downturn, dropping 7.46% to conclude at Rs. 608.

Regarding sectors, two sector indices ended in the red, with the “Manufacturing And Processing Index” leading with a 1.90% gain. However, the “Mutual Fund Index” saw a dip of 0.43%.

Leave a Reply

Your email address will not be published. Required fields are marked *

More Interesting Read

Liberty Micro Life Insurance to Launch Public Share Offering
Latest Articles

Liberty Micro Life Insurance to Launch Public Share Offering

Liberty Micro Life Insurance Limited is preparing to offer 2,250,000 ordinary shares to the public at Rs. 100 per share, aiming to collect a total of Rs. 225,000,000. The public share issue is being organized in collaboration with Nepal SBI Merchant Banking Ltd and RBB Mutual Fund 1, creating a major opportunity for investors looking […]

Read More
Global IME Bank Proposes 5.5% Dividend for FY 2080/81
Latest Articles

Global IME Bank Proposes 5.5% Dividend for FY 2080/81

Global IME Bank Limited (GBIME) has proposed a 5.5% dividend for its shareholders for the fiscal year 2080/81. This decision was made during the 446th board meeting held on Ashwin 21. The proposed dividend includes 5.5% bonus shares, which will be distributed based on the bank’s paid-up capital of Rs. 36.12 Arba. The distribution of […]

Read More
Global IME Bank Launches Festival Cashback Offer with NEPALPAY QR
Latest Articles

Global IME Bank Launches Festival Cashback Offer with NEPALPAY QR

Global IME Bank, in collaboration with Nepal Clearing House Limited (NCHL) and KK Mart, has launched an exciting limited-time cashback offer for the upcoming festival season. From October 4 to October 16, 2024 (18th to 30th Ashoj), users of GlobalSmart+ and connectIPS can enjoy a 10% cashback, up to Rs. 100, when they make payments […]

Read More