Money
NEPSE climbs 25.89 points as index nears 2,750 on Wednesday
Daily turnover soars to Rs9.68 billion with gains across most subgroups
Post Report
The Nepal Stock Exchange (NEPSE) index advanced by 25.89 points on Wednesday, marking a 0.95 percent rise to close at 2,731.80. The rally saw broad-based gains across major subgroups, with the exception of hydropower and trading.
Out of the traded companies, 161 registered an increase in share prices, while 87 declined, according to NEPSE data.
A total of 88,615 transactions were recorded during the session, generating a turnover of Rs9.68 billion. Altogether, 26.47 million shares changed hands.
Mai Khola Hydropower saw the biggest gain of the day with an 8.15 percent jump in its share price, followed by Mandu Hydropower (6.76 percent), Samata Gharelu Microfinance (6.57 percent), Bhagawati Hydro Development Company (6.52 percent), and Sanima Bank (4.80 percent).
Meanwhile, Corporate Development experienced the steepest decline, falling by 9.92 percent. Rapti Hydro and General Construction dropped by 6.47 percent, Sindhu Development Bank by 4.39 percent, Panchakanya Mai Hydropower by 4.35 percent, and Guardian Micro Life Insurance by 3.67 percent.