KATHMANDU, MARCH 10
The Nepal Stock Exchange (NEPSE) saw a positive turn on Sunday, marking a gain of 22.10 points or a 1.08% increase, closing at 2,052.65 points by the end of the first trading day of the week.
The upward trend extended to various indices, with the sensitive index, which measures the performance of 'A' class stocks, climbing by 1.18%. Additionally, the float index, assessing actively traded shares, rose by 1.08%.
Despite this, the daily turnover on Sunday saw a decline to Rs 2.9 billion, from the exchange of 7,043,457 units of shares of 304 companies in 56,726 transactions. In comparison, Thursday recorded an intra-day turnover of Rs 3.1 billion.
Today, the market exhibited a generally positive sentiment across the board, with the microfinance sector leading the rally with a significant gain of 4.21%. Similarly, sectors like Development Bank, Finance, Hotels and Tourism, Investment, Life Insurance, Mutual Funds, and Non-Life Insurance recorded gains surpassing 1%. However, the Hydropower sector was the only one to witness a decline, with a 0.12% drop.
Out of the 194 companies, 46 saw declines, and four remained unchanged, with two companies, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) and Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA), recording a notable 10% gain.
