KATHMANDU, FEBRUARY 17

The Nepal Stock Exchange (NEPSE) surged by 29.87 points (1.10%) on Monday, closing at 2,727.91 by the end of the trading session.

Alongside the benchmark index, the Sensitive Index, which tracks the performance of Class 'A' stocks, rose by 1.38%, while the Float Index, which measures actively traded stocks, increased by 1.28%.

The market saw broad-based gains, with only three sectors ending in the red. The Finance (-0.81%), Hydropower (-0.15%), and Trading (-1.27%) sectors recorded losses, while the Microfinance sector led the gainers with a 2.45% increase. It was followed by the Others sector (+2.43%), Hotels & Tourism sector (+2.29%), and Banking sector (+2.16%).

Among individual stocks, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB), Gurans Laghubitta Bittiya Sanstha Limited (GLBSL), Kutheli Bukhari Small Hydropower Limited (KBSH), Excel Development Bank Ltd. (EDBL), Guardian Micro Life Insurance Limited (GMLI), and Dibyashwori Hydropower Ltd. (DHPL) all gained 10%, reaching their upper circuit limits. Meanwhile, Saptakoshi Development Bank Ltd. (SAPDBL) was the worst performer, hitting the 10% lower circuit.

A total of 166 stocks gained, while 74 declined, and four remained unchanged.

The daily turnover surged past Rs 10 billion, with 18,081,168 shares traded across 302 scrips in 102,861 transactions.

By the end of the trading day, the total market capitalization stood at Rs 4.528 trillion.