On Thursday, the Nepal Stock Exchange (NEPSE) increased by 13.95 points, closing at 2,748.78. The market opened at 2,734.83 points and initially dropped to a low of 2,730.61 points within the first 20 minutes of trading. However, it quickly rebounded, reaching a high of 2,762.52 points over the next 90 minutes. After peaking, the index hovered around 2,750 for more than an hour before shedding two points in the last hour of trading, closing at 2,748.78.
The Sensitive Index, which tracks the performance of ‘A’ class companies, rose by 2.33 points, indicating a positive movement in the performance of larger, more established companies. The total turnover for the day saw a significant increase, rising to 10.32 billion rupees, up from 7.91 billion rupees on Wednesday.
In terms of market performance, 159 companies gained in value, while 79 companies saw losses. The development bank sector had the most notable gains, adding 60.97 points to its index. On the other hand, the trading sector recorded the largest loss, dropping 22.75 points.
Among individual stocks, Janaki Finance Company Limited led the day’s turnover, with shares worth 352.49 million rupees traded. Other top gainers included Gurans Laghubitta Bittiya Sanstha Limited, Swabhiman Laghubitta Bittiya Sanstha Limited, and Upper Hewa Khola Hydropower Company, all of which saw a 10% increase in their market value. Rawa Energy Development Limited, however, suffered the largest drop, losing 9.12% of its market worth.
Overall, the market showed a positive trend, with significant activity in certain sectors and individual stocks, while others experienced losses.
