KATHMANDU: The Nepal Stock Exchange (NEPSE) index rebounded on Thursday, finishing at 2,568.11 points, up 32 points, or 1.26%. This comeback came after a 27-point slump the day before. The sensitive index, which tracks class 'A' stocks, increased by 1.56%, while the float index, reflecting actively traded shares, went up by 1.43%. Most sectors experienced minor losses, with development banks, hydropower, investment, and others showing declines of less than 1%.
The microfinance sector fared better than all the others as it expanded by 6.83%. Overall, the non-life insurance market has been rising with a growth rate of 2.95%. Some other sectors that have experienced improvements included the finance sector, which increased by 1.22%, and the banking sector which increased by 1.36%. The individual stocks were up by 10% in Upakar Laghubitta Bittiya Sanstha Limited (ULBSL).
The trading transactions of the market during the period showed a daily turnover of Rs 14 billion with 35,594,868 numbers of shares being traded in the 320 listed companies through 1,59,757 transactions. This turnover was comparatively lesser than on Wednesday when the value reached up to Rs 16 billion. The total market capitalization at the end of the day was Rs 4.074 trillion.
