All major indices in green; turnover soars past Rs 20 billion
KATHMANDU, JULY 22
The Nepal Stock Exchange (NEPSE) extended its upward trajectory on Tuesday, gaining 80.97 points or 2.79% to close at 2,985.74, crossing the threshold of 2,900 points. This follows a gain of 21.76 points on Monday, signaling continued investor optimism.
All major indices posted strong gains. The Sensitive Index, which measures the performance of Class 'A' companies, rose by 2.88%, while the Float Index, reflecting the performance of actively traded shares, increased by 2.77%.
The sectoral performance was uniformly positive, with three sectors posting gains of over 4%:
- Manufacturing and Processing: +4.63%
- Life Insurance: +4.36%
- Microfinance: +4.07%
Other notable gains included:
- Hotel and Tourism: +3.44%
- Others: +3.26%
- Investment: +3.24%
Market activity remained robust with a total turnover of Rs 20.085 billion, a notable increase from Monday's Rs 16.327 billion. A total of 43,581,228 shares from 319 companies were traded across 177,101 transactions.
Out of the traded stocks, 236 companies closed higher, while only 14 declined. Notably, Trade Tower Limited (TTL) hit the 10% upper circuit limit.
With the sustained rally, NEPSE's total market capitalization reached Rs 4.962 trillion by the end of the session.
