KATHMANDU, MAY 19
The Nepal Stock Exchange (NEPSE) saw a notable surge of 45.69 points or 2.26% on Sunday, closing at 2,064.45 points by the end of the week's inaugural trading day.
In tandem with this benchmark uptick, the sensitive index, which assesses the performance of 'A' class stocks, also climbed by 2.34%, while the float index, reflecting actively traded shares, saw a rise of 2.44% today.
Today marked an entirely positive market atmosphere, spearheaded by the life insurance sector, which led the charge with a remarkable 4.38% surge. Similarly, the non-life sector saw a robust increase of 3.81%, while the banking sector witnessed a solid rise of 2.63%. Furthermore, other sectors each notched gains of over 1%, except for the trading sector, which saw a more modest uptick of 0.55%.
Amid this bullish trend, 203 companies advanced, while 40 experienced declines, with four remaining unchanged. Among individual stocks, Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) and Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) both recorded impressive 10% gains in their share values.
However, despite the overall positivity, Mandu Hydropower Limited (MANDU) incurred a notable loss of 9.99%.
This optimistic investment sentiment was echoed in the daily turnover, as the market witnessed transactions worth Rs 5.2 billion, involving the exchange of 12,240,802 units of shares from 323 companies across 74,991 transactions.
The total market capitalization stood strong at Rs 3.273 trillion.
