KATHMANDU, JUNE 25
In a noteworthy development, the NEPSE index demonstrated impressive strength today, concluding at an impressive 2,117.73 points. This substantial increase of 62.21 points from the previous day's closing represents a remarkable gain of 3.03%. Importantly, this closing value marks the highest point the NEPSE index has reached in nearly four and a half months, indicating a positive and upward trend in the market. The index last achieved a similar level on February 12, 2023, when it closed at 2,121.86 points. This recent surge in the NEPSE index reflects a promising momentum within the Nepalese stock market.
The trading day commenced with the index opening at 2,057.37, which also served as the lowest point of the day. However, it climbed significantly, reaching a peak of 2,119.80 before ultimately settling at 2,117.73.
A remarkable 275 scrips were actively traded through 90,249 transactions, resulting in a total exchange of 14,751,247 shares, valued at approximately Rs. 6.49 Arba in turnover. This level of turnover represents the highest recorded value in the NEPSE index in approximately five and a half months. The previous highest turnover occurred on January 10, 2023, when the turnover amount reached Rs. 7.65 Arba.
Of all the shares traded, SHIVAM CEMENTS LTD (SHIVM) emerged as the most actively traded, with a substantial turnover of Rs. 49.9 crores. The market price of SHIVM closed at Rs. 605.90 per share.
Notably, seven scrips experienced a positive circuit during the day.
On the flip side, Shuvam Power Limited (SPL) witnessed the highest decline of 6.81% in its share value.
All sector indices concluded the day in positive territory, with "Life Insurance" showing the most significant gain of 7.79%, while the "Banking" sector experienced the least gain of 1.06%.
