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NEPSE Rebounds with 19.70-Point Gain After Early Week Decline
After experiencing a sharp decline in the first two trading days of the week, the NEPSE index made a strong comeback on today’s trading session, posting a notable double-digit gain.
The benchmark index surged by 19.70 points, closing at 2,851.09. Market activity remained robust, with over 27.94 million shares of 339 listed companies traded through 137,857 transactions, generating a total turnover of approximately Rs. 11.11 billion.
Most sector indices ended the day in positive territory, reflecting improved investor sentiment across the market. The Banking sector rose by 0.76%, while Development Banks gained 0.90% and the Finance sector climbed 1.12%.
Other sectors also showed upward momentum, including Hotel & Tourism (1%), Hydropower (0.75%), and Investment (0.56%). Meanwhile, Manufacturing & Processing led the gains with a sharp increase of 1.94%.
Additionally, Life Insurance edged up by 0.52%, Microfinance by 0.51%, Non-Life Insurance by 0.76%, and the Trading sector by 0.74%.
However, not all sectors performed positively. The Mutual Fund index slipped slightly by 0.09 points, and the Others group declined by 0.55 points.
Top Gainers and Losers
Several companies hit the positive circuit during the session, including:
- Reliance Spinning Mills Limited
- Bhujung Hydropower Limited
- Super Khudi Hydropower Limited
- RiziLine Energy Limited
- Hotel Forest Inn Limited
On the losing side, Saptakoshi Development Bank Limited recorded the steepest drop, falling by 8.96%.
In terms of turnover, Ridi Power Company Limited emerged as the top performer, recording transactions worth Rs. 48.48 crore. Meanwhile, Kumari Bank Limited led in trading volume, with over 1.56 million shares exchanged during the session.
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