KATHMANDU: Wednesday saw a robust surge in the Nepal Stock Exchange (NEPSE) index, marking the third trading day of the week with significant gains.
NEPSE climbed by 20.67 points, reaching a closing figure of 1850.33 points for the day. The trading volume also witnessed an uptick compared to the preceding session.
Trading activity surged from 954.79 million rupees on the previous trading day to a notable 1.87 billion rupees.
A total of 4,213,285 shares across 294 securities were transacted on Wednesday.
Buddhbhumi Nepal Hydropower observed a 10 percent increase in its share price, reaching Rs 316.9 per share. Similarly, Panchkanyamai Hydropower experienced a 9.95 percent surge, settling at Rs 184.6 per share.
However, Hundred-fold Hydropower encountered a significant decrease, with its share price plunging by 8.15 percent to Rs 440.90 per share. Additionally, the price of 10.50% SBL Debenture 2082 dropped by 7.49% to Rs 1,000 per share.
Sonapur Minerals emerged as the top traded company, with shares valued at 10 million 76 lakhs traded at Rs 283 per share, marking an 8.64 percent increase from the previous day’s price.
Prime Commercial Bank’s founder shares were the second most traded, with shares worth 102 million rupees traded at Rs 144.10 per share.
Among the 13 group indices traded, the mutual fund group index saw a slight decrease of 0.03 percent. Conversely, all other group indices exhibited positive movement, contributing to the overall surge in the NEPSE.
The hotels and tourism group index experienced the most significant increase, soaring by 3.49 percent during Wednesday’s trading session.
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