NEPSE Index Sees Modest Gain


The Nepal Stock Exchange (NEPSE) Index closed at 2,488.09 points, marking a slight increase of 2.15 points or 0.08% from the previous trading day. Despite today’s minimal gain, the index saw a more substantial rise of 61.61 points in the prior session.

The trading day began with the index opening at 2,491.17 points, hitting an intraday low of 2,441.56 points, and reaching an intraday high of 2,504.53 points before settling at its closing value. This fluctuation highlights the market’s attempt to breach the resistance zone at 2,500, though it failed to close above this level. Future sessions will reveal if the index can break through this resistance or if it will retreat.

A total of 309 scrips were traded through 170,559 transactions during the session. The volume of shares traded was 39,754,711, resulting in a substantial turnover of Rs. 13.91 Arba. The market capitalization was recorded at Rs. 39.47 Kharba, with a float market capitalization of Rs. 13.55 Kharba.

Himalayan Reinsurance Limited (HRL) led the market in turnover, achieving a value of Rs. 36.93 crores and closing at Rs. 661.20.

In terms of stock performance, Muktinath Krishi Company Limited (MKCL) saw the highest gain, hitting the positive circuit with a 10% increase.

Conversely, Ganapati Laghubitta Bittiya Sanstha Limited (GMFBS) experienced the steepest decline, dropping by 9.94%.

Sector-wise, six sectors ended in the red. The Manufacturing and Processing Index led the gains with a 2.16% increase, while the Banking sector faced the highest loss, declining by 1.23%.

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