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Share Market

NEPSE index rises by 27.14 points, closes at 2,689.22

A total of 21,841,047 shares of 320 companies were traded in 69,364 transactions today, generating a total turnover of Rs 8.54 billion.

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KATHMANDU: The Nepal Stock Exchange (NEPSE) index rose by 27.14 points on Monday, settling at 2,689.22 points.

A total of 21,841,047 shares of 320 companies were traded in 69,364 transactions today, generating a total turnover of Rs 8.54 billion.

While the Mutual Fund and Trading sub-indices saw a decline of 0.07% and 0.64% respectively, all other sectoral indices closed in the green.

The Development Bank and Investment groups led the gainers, rising by 2.46% and 2.71% respectively.

Other sectors that saw gains include:

  • Banking: +0.48%

  • Finance: +1.59%

  • Hotels and Tourism: +1.99%

  • Hydropower: +1.47%

  • Life Insurance: +0.81%

  • Manufacturing & Processing: +1.22%

  • Microfinance: +0.60%

  • Non-Life Insurance: +1.07%

Three companies hit the positive circuit breaker today: Corporate Development Bank Ltd., Green Bikas Bank Ltd., and Saptakoshi Bikas Bank Ltd.

On the downside, Balefi Hydropower Ltd. witnessed the highest drop in share price, falling by 9.99%.

Despite the decline, Balefi Hydropower Ltd. recorded the highest trading volume and turnover, with 8,678,225 shares exchanged amounting to Rs 2.01 billion.