Money
NEPSE rises for sixth straight session
Market gains 2.40 points on Sunday with Rs9.5 billion turnover.
Post Report
The Nepal Stock Exchange (NEPSE) index rose slightly by 2.40 points on Sunday, closing at 2,706, marking its sixth consecutive day of gains.
Total turnover stood at Rs9.5 billion, slightly down from the previous session’s Rs9.64 billion. The ‘Others’ group saw the highest gain of 3.06 percent, driven by strong performances from Himalayan Re and Nepal Reinsurance.
Finance rose by 2.49 percent, while banking, investment, and manufacturing sectors also saw modest gains. Meanwhile, development banks, hydropower, and insurance sectors posted marginal losses.
Nepal Finance surged 10 percent, topping the gainers’ list, followed by Guardian Micro Life and Rapti Hydro. On the losing side, Green Development Bank fell 8.58 percent.
Among the most actively traded stocks were Nepal Reinsurance, Laxmi Sunrise Bank promoter shares, and Himalayan Reinsurance.