The Nepal Stock Exchange (Nepse) staged a strong recovery on Sunday, gaining 111.7 points to close at 2,627.93.

The rebound comes just days after the index plunged a record 160 points on Thursday.

Sunday’s rally marked a 4.44 percent rise compared to the previous trading day. Out of the listed companies, 224 saw their share prices increase, while only 28 declined. A total of 20.02 million shares were traded in 108,908 transactions, amounting to Rs9.18 billion in turnover — higher than the previous session.

Of the 13 sub-indices, all except mutual funds and non-life insurance closed higher, signalling broad-based buying interest. Analysts said the rebound suggested renewed investor confidence after last week’s turbulence.