The Nepal Stock Exchange (NEPSE) on Sunday saw a modest rise, gaining 4.45 points to close at 2,824.90 points.
The market opened at 2,820.44 points and added around seven points in the pre-opening session. NEPSE surged to 2,838.41 points within five minutes and reached the day’s high of 2,839.35 points in the following hour. However, the index fell to a day-low of 2,809.14 points over the next 41 minutes before recovering approximately 15 points in the remaining session.
Sector-wise, life insurance led the losers, shedding 62.32 points, followed by hotels and tourism, investment, and mutual funds. Among the nine gainers, the trading sector recorded the largest increase, up 105.46 points.
The sensitive index, which tracks the performance of ‘A’ class companies, rose by 0.41 points. Daily turnover slightly declined to Rs 14.32 billion from Rs 14.55 billion the previous day.
Among individual stocks, 124 companies gained while 130 closed lower. Green Life Hydropower Limited recorded the highest turnover of Rs 810.12 million. Solu Hydropower Limited led the gainers, climbing 10 percent in market value, while Daramkhola Hydro Energy Limited was the top loser.
