Nepal Stock Exchange Rises on First Trading Day of the Week

The Nepal Stock Exchange (NEPSE) experienced a positive shift on Sunday, the first trading day of the week, with the index surging by 14.33 points, closing at 1980.27, a gain of 0.72 percent.

Transaction volumes remained steady, with a total of 6,814,413 shares traded across 308 companies, amounting to a turnover of approximately Rs. 2.65 billion.

Market sentiment was predominantly bullish as share prices of 180 companies saw an increase, while 55 companies faced a decline. Prices for shares of nine companies remained unchanged.

Notably, all but one of the 13 subgroups in the market ended the day in green, indicating widespread gains. The sensitive index, which tracks blue-chip companies, increased by 2.62 points. Similarly, the float index and sensitive float index rose by 1.02 and 0.90 points, respectively.

A significant highlight of the day was the performance of Pokhara Finance’s shares, which soared by 9.84% to Rs. 670 per share, triggering positive circuit breakers.

This surge indicates a robust beginning to the week for the stock market, setting a positive tone for future trading sessions.