NEPSE Index Surges by 42.12 Points Amid Strong Market Activity

Kathmandu. The Nepal Stock Exchange (NEPSE) index witnessed a significant improvement on the fourth trading day of the week. Today, the NEPSE index closed at 2799.53 points, rising by 42.12 points.

Along with the index, the trading volume has also seen an increase. A total of 8.2154 billion rupees worth of shares from 345 companies were traded, involving 18.6 million shares.

All sub-indices traded in the green today. The Manufacturing and Processing group saw the highest gain of 3.87 percent. Similarly, Hydropower rose by 2.61 percent, and the Hotel and Tourism group increased by 2.56 percent. The Banking group grew by 1.15 percent, and Development Banks rose by 1.98 percent.

Four companies hit a 10 percent positive circuit today, including Reliance Spinning Mills, Srinagar Agrotech, Solu Hydro, and Hotel Forest Inn.

In terms of trading volume, SY Panel topped the list with 468.1 million rupees worth of shares traded. Other high-performing stocks included Reliance with 421.6 million, Shivam Cements with 372 million, NRN Infrastructure with 307 million, and National Hydropower with 302.5 million rupees.

Despite the market enthusiasm, some companies saw a decline in share prices. The price of Swetganga Hydropower fell the most, dropping by 4.35 percent.

According to NEPSE, the share prices of 243 companies increased, 21 companies decreased, and 4 remained stable today.