KATHMANDU, JANUARY 3

The Nepal Stock Exchange (NEPSE) surged by 27.90 points on Wednesday, recovering from a 30-point decline the previous day. This marks a 1.37% increase, settling at 2,058.00 by the close of the trading day.

Despite the uptick in the benchmark index, the daily turnover did not witness a proportional rise, inching up from Tuesday's Rs 4.044 billion to Rs 4.48 billion today. This came from the exchange of 10,500,498 units of shares across 306 companies in 96,252 transactions.

Simultaneously, in tandem with the benchmark index climb, the sensitive index, reflecting 'A' class stock performance, showed a significant rise to 384.29 points, indicating an increase of 3.76 points or 0.98%. The float index, representing actively traded shares, also saw an uptick to 141.19 points, marking a climb of 1.85 points or 1.33%.

Today's market displayed a sea of green as all sub-indices recorded gains, led by the hydropower index with a 3.08% increase, followed by the Hotels and Tourism index at 2.70%, and the Investment index at 2.14%.

The overall market sentiment was positive, with the share values of 209 companies advancing. Notably, six companies, including Dibyashwori Hydropower Ltd (DHPL), NRN Infrastructure and Development Limited (NRN), Peoples Hydropower Company Limited (PHCL), Bhagwati Hydropower Development Company Limited (BGWT), Sonapur Minerals and Oil Limited (SONA), and Muktinath Krishi Company Limited (MKCL), experienced a positive circuit break of 10%.

In contrast, only 30 scrips declined, while six remained unchanged. SONA led the charts today in terms of turnover, volume, and transactions, with 570,717 units of its shares traded for Rs 266,391,416.30 across 8,647 transactions