KATHMANDU: Nepal’s stock market recorded a strong performance on Wednesday, as the Nepal Stock Exchange (NEPSE) index gained 33.29 points to settle at 2,664.06. The benchmark rose by 1.26 percent, with total daily turnover surpassing Rs 7.45 billion.
Around 19.3 million shares were traded during the session. Market sentiment remained broadly positive, with share prices of 241 companies advancing, while 35 declined and three remained unchanged.
Liberty Energy Company topped the turnover chart with transactions worth Rs 320 million. Ghaleemdi Hydro followed with Rs 280 million, while Butwal Power Company recorded Rs 260 million and Api Power saw trades worth Rs 190 million.
Beni Hydropower Project reached the positive circuit limit during the trading session. Butwal Power Company’s share price climbed by 10.60 percent, while other advancing stocks posted gains of up to 6.26 percent. Meanwhile, declining stocks registered losses of no more than 2.96 percent.
According to the Nepal Stock Exchange, the trading sector was the only group to finish in negative territory, while all other sectoral indices closed higher.
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