KATHMANDU: The Nepal Stock Exchange (NEPSE) witnessed a broad-based rally on Monday, with all sectoral indices closing higher. The benchmark NEPSE index jumped by 44.25 points to settle at 2,547 points.
Despite the overall rise in the market, total trading volume declined compared to the previous session. Monday’s turnover stood at Rs 4.97 billion, down from Rs 6.7 billion a day earlier. Out of the traded companies, share prices of 200 increased, 44 declined, and 8 remained unchanged.
Among the sub-indices, the “Others” group saw the biggest jump, rising by 5.01 percent. The hotel and tourism sector gained 3.35 percent, the trade group 2.81 percent, investment companies 2.27 percent, and hydropower companies 2.10 percent.
Similarly, life insurance advanced 1.92 percent, development banks 1.41 percent, non-life insurance 1.44 percent, manufacturing and processing 1.56 percent, finance companies 1.02 percent, microfinance 0.63 percent, and the banking sector rose modestly by 0.28 percent.
Comment