KATHMANDU, OCTOBER 1

The Nepal Stock Exchange (NEPSE) index saw a significant rise of 114.70 points, or 4.57%, on Tuesday, closing at 2,623.56 points by the end of the trading day.

The total daily turnover hit Rs 7.616 billion, a considerable jump from Monday's Rs 3.71 billion, with 17,507,555 units of shares from 307 companies exchanged in 96,906 transactions.

Notably, 18 companies recorded a 10% increase in their share values today.

In addition to the increase in the benchmark index, the Sensitive Index rose by 4.31%, while the Float Index gained 4.60%.

All sectors closed in the green, with the Finance sector leading the gains at 9.74%. Other significant performers included the Investment sector, up by 6.10%, Hydropower by 5.98%, Hotels and Tourism by 5.97%, Development Bank by 5.48%, Life Insurance by 4.12%, and the "Others" sector, which saw a 4.67% increase.

In terms of individual stock movements, 243 scrips advanced, one declined, and one remained unchanged.

By the end of the trading day, the total market capitalization stood at Rs 4.171 trillion.