NEPSE Index Surges 2.54%, Closes at 2,485.94


The Nepal Stock Exchange (NEPSE) Index witnessed a significant surge, closing at 2,485.94 with an impressive gain of 61.61 points, or 2.54%, from the previous trading day’s close. This recent rise marks a remarkable gain of approximately 245.51 points over the last four sessions.

The trading session began with the index opening at 2,421.49 points, hitting an intraday low of 2,408.25 points, and an intraday high of 2,494.71 points before finally settling at its closing value of 2,485.94.

Throughout the day’s trading, a total of 315 scrips were exchanged through 177,467 transactions. The volume of shares traded amounted to 41,195,534, resulting in a significant turnover of Rs. 15.23 Arba.

Soaltee Hotel Limited (SHL) led the market with the highest turnover, reaching a value of Rs. 34.10 crores and closing at Rs. 512.

In terms of individual stock performance, three companies achieved the highest gain of 10% each, reaching the positive circuit for the day.

Conversely, Sikles Hydropower Limited (SIKLES) experienced the steepest decline, losing 10% for the day.

Regarding sector indices, all sectors closed in the green. The Trading Index registered the highest gain with an increase of 6.8%, while the Non-Life Insurance sector posted the smallest gain of 0.65%.

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Your email address will not be published.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