NEPSE jumps over 30 points, ends day above 3,000

Kathmandu, July 29 — The Nepal Stock Exchange (NEPSE) saw a strong rebound on Tuesday, rising by 30.76 points (1.03%) to close at 3,002.07—crossing the 3,000-point mark by the end of the trading day.

The Sensitive Index, which reflects the performance of Class 'A' companies, also rose by 0.61%, while the Float Index, which tracks actively traded stocks, increased by 0.96%.

Total turnover for the day reached Rs 18.52 billion, with over 41.8 million shares of 321 companies traded in more than 157,000 transactions.

Sector Highlights:
Most sectors closed in the green, with only three—Development Banks (-0.36%), Trading (-0.25%), and Finance (-0.12%)—posting losses.

The 'Others' sector led the gains with a 2.58% rise, followed by Microfinance (+1.69%), Banking (+1.32%), and Non-Life Insurance (+1.12%).

Out of all traded stocks, 176 closed higher, 74 declined, and three—Sanvi Energy Limited (SANVI), Trade Tower Limited (TTL), and Muktinath Krishi Company Limited (MKCL)—hit the 10% upper circuit limit.

With this upward trend, Nepal’s total market capitalization reached Rs 5.009 trillion by the end of the session.

Comments

Popular posts from this blog

First National Bamboo Conference Happening Now

Gold prices keep going up

Dengue cases are spreading rapidly in Chitwan.