Economy and Business

NEPSE index closes with modest gain of 2.47 points


logo

KATHMANDU: The Nepal Stock Exchange (NEPSE) index saw a strong rally during Thursday's trading day, closing at 2745.36 points, up 2.47 points. This slight uptick suggests that the market is feeling positive, even though the gain was only in the single digits.


Despite the index's little uptick, trading activity remained robust, indicating that investors were actively engaging in the market. The exchange of 18.88 million shares across 316 enterprises resulted in a substantial turnover of 7.19 billion rupees.


With 330 million shares moved, Kumari Bank recorded the most transactions during the day, making it stand out. This adds to the day's total trading volume and shows that there is a lot of interest in the bank's stock.


With a notable 7% price rise, Goodwill Finance outperformed the other 89 companies that raised their prices. This significant rise shows that investors have faith in Goodwill Finance, which contributes to the market's generally positive outlook.