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NEPSE surged past 2,000 points, daily turnover increased to Rs 4 billion


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KATHMANDU: On Tuesday, the Nepal Stock Exchange (NEPSE) demonstrated robust performance by surpassing the 2,000-point threshold, marking a significant increase of 28.62 points or 1.43% to settle at 2,027.51 points at the end of the trading day. This upward trend was mirrored in other key indices as well, with the sensitive index, representing class 'A' stocks, rising by 1.01%, and the float index, reflecting actively traded shares, experiencing a commendable increase of 1.40%.

The market exhibited predominantly positive sentiments across all sectors, with notable gains observed in various segments. The Microfinance sector led the rally with an impressive 3.44% surge, followed closely by the hydropower sector, which recorded a notable increase of 3.22%. Moreover, sectors such as Development Bank, Investment, Life Insurance, Non-Life Insurance, and Others also registered gains, surpassing the 1% mark, contributing to the overall positive performance of the market.

In today's trading session, a total of 219 companies witnessed advances, while only 22 companies experienced declines, and three remained unchanged. Among individual stocks, Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ), Upakar Laghubitta Bittiya Sanstha Limited (ULBSL), and Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) stood out with notable surges in their share prices, each recording a 10% increase.

The buoyant investor sentiment was further reflected in the daily turnover, which saw a notable increase to Rs 4 billion compared to Monday's turnover of Rs 3.4 billion. This uptick in turnover was driven by the exchange of 9,855,285 units of shares from 320 companies in 59,856 transactions, indicating active participation and positive market activity.


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