KATHMANDU: The Nepal Stock Exchange (NEPSE) saw a significant surge on the first trading day of the week, with trades exceeding Rs 7 billion for the first time in nearly five months.
Today, NEPSE rose by 52.97 points, marking a 2.40% increase, and reached 2257.59 points.
The index peaked at 2290.95 points during the day but later corrected to close at 2257 points.
This level is the highest NEPSE has reached in almost a year.
The trading volume also surged, with a total of Rs 7.62 billion worth of transactions recorded today, the highest in about five months.
The last time trading volumes exceeded Rs 7 billion was on February 13, 2024, when NEPSE fell by 25 points but recorded transactions worth Rs 7.63 billion.
The Life Insurance sector saw the most significant increase, rising by 220.85 points to reach 10948.59 points.
Non-life insurance also experienced a notable rise, increasing by 140.48 points to 11282.70 points.
Out of 309 companies traded today, the share prices of 201 companies increased, while 36 companies saw their share prices decrease.
The Mutual Fund sector saw the smallest increase, rising by 0.34 points to 20.08 points.
Five companies maintained stable share prices.
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