NEPSE surges in final minutes of trading

KATHMANDU: The Nepal Stock Exchange (NEPSE) gained momentum in the final minutes of Tuesday’s trading, rising by 5.32 points.

The index had been showing losses until 2:58 PM, but a late buying surge turned the market green.

NEPSE closed 0.20% higher at 2,655.99 points.

Total trading turnover reached Rs 5.82 billion, with 11.97 million shares changing hands across 319 companies and 102,642 transactions.

During the day, 122 companies’ share prices rose, 125 fell, and 10 remained unchanged.

Sector-wise, most groups recorded gains, except for development banks, life insurance, mutual funds, and trading, which saw declines.

Investor interest was notably high in the hotel and tourism sectors.