On Monday, the Nepal Stock Exchange (NEPSE) rose by 15.83 points, closing at 2,683.24 points.
The market opened at 2,667.40 points and quickly dropped to a low of 2,661.86 points within the first 26 minutes of trading. Afterward, the index experienced several fluctuations, reaching a high of 2,694.68 points in the next 90 minutes. In the final two hours of trading, the market lost around 11 points before closing for the day.
In related news, the sensitive index, which tracks the performance of ‘A’ class companies, gained 1.86 points. However, daily turnover dropped to Rs 6.34 billion, down from Rs 7.72 billion on Sunday.
Among the 13 groups, only manufacturing and processing, and mutual funds saw declines, losing 15.94 points and 0.07 points, respectively. Of the 11 gaining sectors, non-life insurance saw the largest increase, surging by 163.57 points.
Ngadi Group Power had the highest turnover, with shares worth Rs 540.75 million traded. Despite this, it was also the day’s biggest loser. On the other hand, Samudayik Laghubitta Bittiya Sanstha Limited posted the largest gain, rising by 10% in its market price.
