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NEPSE Index Shows Modest Growth, Prominent Stocks Perform Well

The Nepal Stock Exchange (NEPSE) Index saw a marginal increase of 0.15 points, closing at 1,969.17 points after a previous session’s decline. Opening at 1,969.41, the day witnessed fluctuations, with the index reaching an intraday high of 1,979.57 and a low of 1,963.34.

In a bustling trading atmosphere, 313 different stocks were traded in 36,483 transactions, totaling 7,284,272 shares exchanged, with a turnover of Rs. 2.53 Arba. The market capitalization stood at Rs. 31.22 Kharba, with a float market capitalization of Rs. 10.54 Kharba.

Nepal Reinsurance Company Limited Promoter Share (NRICP) stole the limelight with a turnover of Rs. 63.30 Crore, closing at a market price of Rs. 281.00. Similarly, Pokhara Finance Ltd. (PFL) witnessed the highest gain of 10%, followed closely by Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) with a gain of 9.92%.

However, Mai Khola Hydropower Limited (MKHL) experienced a decline, losing 7.84% to close at Rs. 470. Across sectors, three indices concluded positively, with the “Finance Index” leading at 2.44% gain, while the “Hotel And Tourism Index” observed a decline of 0.44%.


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