June 13: The stock market continues to attract investors as the Nepse index keeps climbing. Over the course of the last six consecutive days, the index has witnessed a remarkable growth of 6.1 percent, crossing the significant threshold of 2,000 points.

The Nepal Bankers' Association (NBA) has decided to maintain a stable interest rate on deposits for the month of Asar. As the base rate declines, it is expected that loan interest rates will follow suit.

This encouraging development has further fueled investors' enthusiasm in the stock market, resulting in a surge in both turnover amount and the benchmark index.

Seasoned investors and experts suggest that the bearish trend, which persisted for nearly 22 months, has finally come to an end. They advise investors to carefully analyze the fundamental aspects of companies before making investment decisions.

The NEPSE index closed at 2,020.64, recording a gain of 34.17 points, or 1.72%, compared to the previous trading day. A total of 270 scrips were traded through 70,759 transactions, with a substantial turnover amount of Rs 4.12 Arba. This marks a significant increase from the previous day's turnover of Rs 2.88 Arba and represents the highest turnover in nearly 5 months.

The stock with the highest trading volume and turnover was SHIVAM CEMENTS LTD (SHIVM), with a turnover of Rs 27.66 crores and a closing market price of Rs 506.50 per share. Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) experienced the highest gain of 10% and hit the positive circuit for the day. Conversely, Prabhu Smart Fund (PRSF) incurred the highest loss of 3.93% during today's trading session.

All sector indices closed in the green zone, with the "Manufacturing and Processing" sector witnessing the highest gain of 4.32%, while the "Banking" sector observed the least gain of 0.61%.

The sensitive index registered a growth of 1.75%, the Float index increased by 1.71%, and the Sensitive Float Index climbed by 1.89%.