Nepal Stock Exchange Index Jumps 64.69 Points, Trading Volume Surges Significantly

Kathmandu. The Nepal Stock Exchange (NEPSE) index has increased by 64.69 points, settling at 2,877.03. This represents a growth of 2.30 percent. The market saw a continuous upward trend from the opening bell today.

Today, the share prices of 240 companies increased, while 22 companies saw a decline, and two companies remained stable. NEPSE reported that shares of 342 companies, totaling 56.920608 million units, were traded 191,251 times, amounting to a turnover of NPR 21.22349488698 billion.

The trading volume also increased compared to the previous day. According to NEPSE, the turnover, which was NPR 12.034406328 billion on Tuesday, reached NPR 21.22349488698 billion today.

Indices of all groups increased today. The Development Bank group saw the highest rise of 3.95 percent. Banking increased by 3.16%, Finance by 1.94%, Hotel and Tourism by 1.75%, Hydropower by 2.30%, Investment by 1.77%, Life Insurance by 2.76%, Production and Processing by 1.89%, Microfinance by 1.24%, Non-Life Insurance by 1.80%, Others by 1.97%, and the Trade group increased by 0.14 percent.

Corporate Development Bank, Salpa Development Bank, and Reliance Spinning Mills Limited shares hit a positive circuit today. The share price of Nepal Life Samriddhi Investment Scheme declined the most, by 5.12 percent.