KATHMANDU: The Nepal Stock Exchange (NEPSE) index gained 6.62 points to close at 2,664.13 on Tuesday, while daily turnover declined to Rs 5.65 billion from Rs 7.18 billion recorded on Monday.
Share prices of 143 companies advanced, while 122 declined and 14 remained unchanged. Global IME Bank, Butwal Power Company, Kumari Bank, Soltee Hotel, Sanima Middle Tamor, Laxmi Sunrise Bank and Ghalemdi Hydropower were among the companies recording the highest trading volumes. The hotels and tourism sub-index recorded the highest gain, rising by 1.07 percent.
The banking sector increased by 0.52 percent, hydropower by 0.31 percent and life insurance by 0.09 percent. Development banks, microfinance, non-life insurance and trading sectors also posted gains. Among individual companies, Shikhar Power recorded the highest increase, with its share price rising by 5.94 percent, followed by River Falls Power, which gained 5.80 percent. On the losing side, Beni Hydropower declined by 5.04 percent, while Chirkhwa Hydropower recorded a sharp drop of 43.94 percent.
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