Economy and Business

NEPSE surges 16.29 points with Nepal Finance leding in trading volume


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KATHMANDU: There was a significant rise on the second day of the week, especially on Monday which marked the beginning of the trading week for the Nepal Stock Exchange (NEPSE) to remark some stunning growth. With the NEPSE index climbing to 2053 points from the previous close, the rise was recorded at 16.29 points. This was helped by increases in the shares of 176 firms while the value of the shares of 60 companies was a decline. 


A total of 7,165,735 shares from 323 firms were traded during the trading session, resulting in a transaction of Rs 2.99 billion. Nepal Finance was the most traded stock, with 191.3 million rupees worth of trades. With trading volumes of Rs 118.5 million and Rs 97.6 million, respectively, NRN and Janaki Finance trailed closely behind.


Among the top gainers, Himalayan Energy Development led with a notable return of 9.74 percent, followed by Dordi Khola Hydropower with an 8.47 percent gain, and Corporate Development Bank with a 7.52 percent increase. Conversely, investors in Nepal Finance faced substantial losses during the trading day.