KATHMANDU: The Nepal Stock Exchange (NEPSE) turned positive on Monday after three consecutive days of decline, gaining 21.30 points to settle at 2,761.26.
Despite the rise in the benchmark, turnover fell to Rs 5.75 billion compared to Rs 6.54 billion in the previous session. A total of 179 companies recorded price gains, while 71 declined.
Most sectoral indices closed higher. The “Others” group surged the most, up 2.79 percent, buoyed by sharp gains in Nepal Reinsurance and Himalayan Reinsurance. Microfinance stocks also performed strongly, advancing 1.50 percent.
Other sectoral gains included Development Banks (+0.95%), Banking (+0.58%), Life Insurance (+0.56%), Finance (+0.20%), Hotels & Tourism (+0.45%), Hydropower (+0.32%), Investment (+0.34%), Non-life Insurance (+0.31%), and Trading (+0.05%).
The only laggard was the Manufacturing & Processing group, which edged down 0.05 percent.
Comment