KATHMANDU, APRIL 21
The Nepal Stock Exchange (NEPSE), which had witnessed a decline in the past few trading days, finally saw an upward trajectory on Sunday, marking a gain of 12.29 points or 0.62% to settle at 1,984.43 points by the closing bell.
After a setback of 17 points on Thursday, the benchmark index rebounded today, reflecting a positive shift in market sentiment.
Accompanying the rise in the benchmark index, the sensitive index, which assesses the performance of class 'A' stocks, also edged up by 0.08%, while the float index, which measures the actively traded shares, showed a gain of 0.44%.
Today's market showcased investor optimism, particularly driving the Manufacturing and Processing sector up by 1.90%, followed by gains in the Hydropower sector by 1.15% and Development Bank sector by 1.08%.
Despite overall positivity, the Mutual Fund and Banking sectors experienced slight declines of 0.43% and 0.34%, respectively.
Amidst this upward momentum, 176 companies advanced, 63 declined, and six remained unchanged.
Moreover, daily turnover witnessed a modest increase from Thursday's intraday turnover of Rs 2 billion to Rs 2.2 billion, facilitated by the exchange of 6,393,245 units of shares of 310 companies in 47,117 transactions.
The total market capitalization stood at Rs 3.146 trillion on Sunday.
