KATHMANDU, SEPTEMBER 2

The Nepal Stock Exchange (NEPSE) made a strong recovery today, rising by 127.25 points or 4.72%, surpassing the 2,800-point threshold. The index closed at 2,823.25 points by the end of the trading day.

The sensitive index, which measures the performance of 'A' class stocks, also increased by 4.77%, while the float index, which tracks actively traded shares, rose by 4.86%.

The market experienced a significant increase in daily turnover, reaching Rs 13.1 billion. This was achieved through the exchange of 31,430,048 units of shares across 335 companies in 160,579 transactions. The intraday turnover on Sunday was Rs 10 billion.

All sectors in the market recorded gains, with the Finance sector leading with a 7.89% increase, followed by the Investment sector with 5.45%, the Hydropower sector with 5.36%, the Development Bank sector with 4.99%, and the Hotels and Tourism sector with 4.92%. The Non-Life Insurance sector saw a 4.81% gain, while the Banking sector recorded a 4.73% increase, the Life Insurance sector gained 4.69%, and the Others index rose by 4.14%. The Mutual Fund sector recorded the smallest gain at 0.84%.

In terms of individual stock movements, 239 companies advanced, while only 5 companies declined. Notably, seven companies recorded a 10% gain in their share value.

The total market capitalization now stands at Rs 4.483 trillion.