KATHMANDU: The Nepal Stock Exchange (NEPSE) index climbed 31.54 points, or 1.18 percent, to close at 2,695.60 points on Thursday, extending gains despite fluctuations during the trading session.
Trading activity remained robust, with 23.25 million shares of 350 companies changing hands through 69,619 transactions. Total turnover reached Rs 8.57 billion.
Of the companies traded, share prices of 181 advanced, while 91 declined and six remained unchanged.
The banking sector led the market gains, with its sub-index rising by 2.28 percent. The hotel and tourism and other groups each gained 2.05 percent. The finance group advanced by 1.69 percent, while the development bank group increased by 1.55 percent. Other sectoral indices posted gains of less than one percent.
Beni Hydropower emerged as the top gainer, with its share price surging by 15 percent. Swabhiman Laghubitta followed with a gain of 8.72 percent. Nepal Reinsurance Company rose by 5.61 percent, Nepal Finance gained 5.49 percent, and NIC Asia Bank advanced by 4.69 percent.
In terms of turnover, Ghalemdi Hydro topped the list, recording share transactions worth Rs 356.16 million. Siddhartha Bank followed with Rs 253.8 million, while Laxmi Sunrise Bank recorded Rs 242.7 million and Kumari Bank Rs 235.9 million in turnover.
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