KATHMANDU: The Nepal Stock Exchange (NEPSE) made a significant comeback on Monday, rising by 30.52 points. The market saw a 1.16% increase, closing at 2,645.20 points.
Although the NEPSE rose, the turnover witnessed a decline. On Sunday, the total turnover was worth Rs 6.32 billion, but it dropped to Rs 4.48 billion on Monday.
The market saw fluctuations of 53 points, with share prices of 210 companies rising, while 33 companies experienced a decline in share prices. No company’s share price remained unchanged on the day.
A total of 326 companies were actively traded, with 58,235 transactions taking place.
All 13 market groups saw a surge in share prices. The finance group saw the highest increase, rising by 3.75 % to reach 2,546.11 points. The mutual fund group saw the lowest increase at 0.49%, reaching 19.01 points.
Other notable groups with gains included the commercial bank group (up 0.92%), the development bank group (up 0.78%), the hotel and tourism group (up 1.16%), and the hydropower group (up 1%).
The investment group also rose by 0.95 percent, while the life insurance group saw a 1.64% increase. The production and processing group rose by 0.80%, the microfinance group by 0.90 percent, and the non-life insurance group by 0.61%. Other groups, including the trading group, saw an increase of 1.55%, and the other group surged by 1.91%.
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