Money
NEPSE maintains upward momentum, turnover hits Rs9.64 billion
Index climbs to 2,703.86 as life and non-life insurance sectors lead gains
Post Report
The Nepal Stock Exchange (NEPSE) index extended its rally on Wednesday, gaining 9.14 points to close at 2,703.86 — a rise of 0.33 percent. This marks the fifth consecutive session of growth for the domestic bourse.
Investor activity remained high, with a total turnover of Rs9.64 billion. According to NEPSE, 24,976,366 shares were traded in 96,411 transactions throughout the day.
Out of the 13 sectoral sub-indices, five ended in negative territory. The hotel and tourism, hydropower, investment, microfinance, and trading groups all posted declines. However, life insurance led the day’s gains with a jump of 345.88 points, followed by non-life insurance which climbed 279.19 points.
Share prices of 122 companies increased, while 125 declined.
Among individual gainers, Nepal Finance Company surged by 9.98 percent, Khanikhola Hydropower added 7.17 percent, Samriddhi Finance climbed 7.08 percent, Bhugol Energy Development rose 6.78 percent, and Sayapatri Hydropower gained 6.57 percent.