Business

NEPSE gains 28 points, as daily turnover reaches Rs 4 billion

By THT Online

Representative image. Courtesy: Freepik.com

KATHMANDU, DECEMBER 23

The Nepal Stock Exchange (NEPSE) recorded a gain of 28.91 points on Monday, marking a 1.11% increase to close at 2,612.20 points.

Alongside the rise in the benchmark index, the Sensitive Index, which tracks the performance of class 'A' stocks, rose by 0.78%, while the Float Index, reflecting actively traded shares, also climbed by 1.11%.

The trading session saw a daily turnover of Rs. 4.43 billion, with 8,908,851 shares changing hands across 328 scrips in 55,938 transactions.

Sectoral indices showed a mixed performance, with most sectors experiencing gains. The Hydropower sector led the gainers with a 2.65% increase, followed by the Manufacturing and Processing index, which rose by 2.46%. The Finance sector gained 1.67%, and the Development Bank sector advanced by 1.15%. However, other sectors failed to cross the 1% mark. The Mutual Fund sector was the sole laggard, recording a sharp decline of 4.21%.

In individual stock movements, 194 stocks advanced, while 41 declined, and nine remained unchanged.

By the end of the trading day, the total market capitalization stood at Rs. 4.4332 trillion.