The Nepal Stock Exchange (Nepse) index rose sharply by 31.12 points on Sunday, the first trading day of the week, closing at 2,672.55 points amid a significant rise in trading turnover.

The benchmark index gained 1.17 per cent compared to the previous trading session, extending its upward momentum as buying interest dominated the market.

Market breadth remained strongly positive. Of the companies traded, share prices of 224 increased, while only 31 declined and five remained unchanged. With gainers overwhelmingly outnumbering losers, the index posted a robust double-digit rise.

A total of 16,611,479 shares were traded through 95,445 transactions, generating a turnover of Rs8.40 billion. This marked a notable increase from the previous session, when shares worth Rs6.20 billion were traded on Thursday.

All 13 sub-indices ended the session in positive territory, collectively driving the Nepse index up by more than 31 points.