KATHMANDU: In a remarkable start to the week, the Nepal Stock Exchange (NEPSE) saw a double-digit surge, climbing 10.37 points and reaching 2094 points by the end of the first day’s trading session.
The market, which experienced a downturn until around 1 PM, rebounded significantly afterward.
NEPSE touched a minimum of 2075 points during today’s session.
The total transaction amounted to Rs 3.83 billion. When the share price of 173 companies witnessed a rise, 70 saw a decline, while 4 remained stable.
The hydro power sector led the gainers, registering a growth of 1.33%. Similarly, development bank rose by 1.22%, and others group recorded an increase of 1.32%.
On the flip side, the hotel and tourism sector faced the most significant decline, dropping by 1.86%.
Notably, Mid-Solu Hydro Power, Upper Mailungkhola Hydro, Samling Power saw a 10% increase in their values. Hathway Investment (8.7%), Mountain Hydro Nepal (7.9%), Asian Hydro Power (6.8%), United Modi Hydro (6.4%) also observed a notable rise.
On the downside, Chandragiri Hills faced the most significant decline, dropping by 9.8%. Infinity Microfinance (-6.4%), Manakamana Smart Microfinance (-5.1%), Unnati Cooperative Microfinance (-3.3%) experienced a decline in their values.
Himalayan Reinsurance, Ngadi Group Power, Reliable Nepal Life Insurance, Arun Valley Hydropower, and Hathway Investment Company, in that order, remained at the forefront in terms of trading volume.
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