KATHMANDU, FEBRUARY 27

The Nepal Stock Exchange (NEPSE) surged by 49.15 points (1.77%), closing at 2,815.04 by the end of Thursday's trading session. The market experienced a volatile day, with the index reaching a high of 2,827.15 points at 11:02 am after opening at 2,786.65 points.

After hitting its peak, the index saw a steep decline and fluctuated, reaching a low of 2,790.44 points at 12:58 pm before gradually climbing again. It rose to 2,813.55 points at 1:57 pm, dipped slightly to 2,799.87 points at 2:30 pm, and then gradually ascended to close at 2,815.04 points for the day.

Along with the rise in the benchmark index, the Sensitive Index, which tracks Class 'A' stocks, increased by 2.12%, while the Float Index, measuring actively traded stocks, climbed 1.96%.

The overall market was positive, with all sectors recording gains. The Banking sector led the rally with a 3.32% increase, followed by the Manufacturing & Processing sector, which gained 2.91%. However, no other sectors managed to surpass the 2% gain mark.

Among individual stocks, Guardian Micro Life Insurance Limited (GMLI) and Upper Hewakhola Hydropower Company Limited (UHEWA) surged 10%, hitting their upper circuit limits.

A total of 186 stocks advanced, while 52 declined, and six remained unchanged. The day's total turnover reached Rs 11.392 billion, with 26,199,780 units of shares exchanged across 300 scrips in 112,032 transactions.