KATHMANDU, SEPTEMBER 12
The Nepal Stock Exchange (NEPSE) saw a notable increase on Monday, climbing by 78.17 points or 2.99%, to close at 2,688.38 points.
The rise in the benchmark index was mirrored by the Sensitive Index, which tracks 'A' class stocks, increasing by 2.89%. The Float Index, which measures actively traded shares, also rose by 2.99%.
Despite the gains, the market recorded a daily turnover of Rs 8.1 billion, driven by the exchange of 19,433,154 units of shares across 318 companies in 103,462 transactions.
Most sectors posted gains today, with the exception of the Mutual Fund sector, which experienced a slight loss of 0.09%. The Hydropower sector emerged as the top gainer, rising by 4.24%, followed by the Others sector with a 3.82% increase, the Investment sector with a 3.72% gain, the Life Insurance sector with a 3.46% rise, and the Finance sector with a 3.40% gain.
In terms of individual stock movements, 229 companies saw their stock prices advance, 12 declined, and three remained unchanged. Four companies-Wean Nepal Lagubitta Bittiya Sanstha Limited (WNLB), Green Ventures Limited (GVL), Eastern Hydropower Limited (EHPL), and Rawa Energy Development Limited (RAWA)-recorded a 10% increase in their share values. Meanwhile, Three Star Hydropower Limited (TSHL) saw a 10% decline in its share price.
The total market capitalization at the close of the trading day was Rs 4.274 trillion.