KATHMANDU: Nepal’s share market on Thursday climbed past the 2,600-point mark, with the NEPSE index closing at 2,600.38, up 34.22 points from Wednesday.
The trading volume also surged significantly, reaching Rs 7.51 billion, compared to Rs 5.45 billion recorded on Wednesday. The spike was largely driven by Himalayan Bank’s promoter shares, which alone accounted for Rs 1.66 billion in trades.
Out of the total listed companies, 216 shares increased in value, while 28 declined and 5 remained unchanged. The hydropower sector led gains, climbing 2.67 percent. Other sectors also saw growth: banking 0.33%, development banks 1.23%, finance 1.60%, hotels and tourism 0.75%, investment 1.35%, life insurance 1.80%, manufacturing and processing 1.74%, microfinance 1.60%, non-life insurance 1.75%, others 1.06%, and trading 0.88%.
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