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NEPSE Index Rises by 1.30%: Market Update

The Nepal Stock Exchange (NEPSE) Index witnessed a notable gain of 1.30%, equivalent to 25.93 points, settling at 2,006.28 points at the close of trading today. This increase follows a marginal gain of 0.07 points in the previous session, reflecting positive momentum in the stock market.

Starting the trading day at 1,991.51 points, the NEPSE Index experienced fluctuations throughout the day. It reached an intraday high of 2,016.61 points before dipping to an intraday low of 1,979.31 points, showcasing the dynamic nature of the market.

The trading session was characterized by active participation, with 320 different stocks being exchanged in 75,271 transactions. The total volume of shares traded amounted to 11,838,150, contributing to a total turnover of Rs. 4.80 Arba. This marks the highest turnover in three months, with the last similar turnover recorded on January 31, 2024, amounting to Rs. 5.29 Arba. The market capitalization stood at Rs. 31.81 Kharba, with a float market capitalization of Rs. 10.78 Kharba.

Shine Resunga Development Bank Ltd. (SHINE) emerged as the top performer of the day, with a turnover of Rs. 18.24 Crore and closing at a market price of Rs. 397.70. Similarly, Corporate Development Bank Limited (CORBL) showcased the highest gain, surging by 10%, followed by Infinity Laghubitta Bittiya Sanstha Limited (ILBS) with a gain of 9.99%.

However, Pokhara Finance Ltd. (PFL) experienced a decline, losing 7.18% to close at Rs. 679.00.

In terms of sectors, the “Development Bank Index” led with a gain of 4.90%, while the “Finance Index” witnessed a decline of 1.18%, being the only sector to conclude in negative territory.


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