KATHMANDU: The Nepal Stock Exchange (NEPSE), resuming trade after an 11-day hiatus due to Tihar and other holidays, saw a single-digit surge on Monday.
The market responded positively, with NEPSE rising by 1.39 points, reaching 1853.48 points.
With the exception of sectors like hotels and tourism, production and processing, microfinance, among others, most groups experienced a rise in share prices today.
Notably, shares in the insurance, development bank, and business sectors performed notably well. Globle IME Microfinance and Karnali Development Bank shares exhibited the most significant growth, climbing by almost 10 percent. Conversely, Forward Microfinance and Sayapatri Hydropower witnessed a decline of 10 percent despite the overall market upturn.
Trading today saw 3,319,000 shares exchanged, amounting to transactions worth one billion rupees. Himalayan Distillery emerged as the market leader, with transactions totaling 73.6 million rupees.