NEPSE index climbs 21.62 points as market turns strongly bullish

KATHMANDU: The benchmark Nepal Stock Exchange (NEPSE) index surged by 21.62 points on Tuesday, gaining 0.82% to close at 2,638.60 points, signaling renewed bullish momentum in the market.

Out of the total traded companies, 213 advanced, 42 declined, while 6 remained unchanged, reflecting broad-based buying interest across sectors.

A total of 936,4938 shares were traded through 49,093 transactions, generating a market turnover of approximately Rs 4.23 billion.

The strong trading volume highlights growing investor confidence and active participation in the secondary market.

Sector Performance

All sectoral indices ended the session in positive territory.

The top-performing sectors were:

• Manufacturing and Processing: up 158.30 points

• Hotels and Tourism: up 143.04 points

• Life Insurance: up 88.85 points

Top Gainers

• Salapa Bikas Bank hit the upper circuit limit, surging 10%.

• Reliance Spinning Mills jumped 9.31%.

• Himalayan Power Partner rose 9.15%.

• Sagar Distillery gained 8.96%.

• Bandipur Cable Car and Tourism advanced 8.34%.

Top Losers

• Nepal SBI Bank fell 3.58%.

• RBB Mutual Fund 2 declined 3.40%.

• ICFC Finance Limited Debenture 2088 slipped 2.25%.

• RBB Mutual Fund 1 dropped 2.07%.

• NIBL Growth Fund edged down 1.97%.