January 3: The Nepal Stock Exchange (NEPSE) witnessed a remarkable upswing as its index surged by 27.90 points or 1.37%, closing the third trading day of the week at 2058.00 on Wednesday.

Experienced investors and market analysts are optimistic, suggesting that the recent correction phase may have concluded, paving the way for a potential upward trend in the coming days.

Throughout today's trading session, a total of 306 scrips were traded through 96,252 transactions. The market saw the exchange of 10,500,498 units of shares, leading to a substantial turnover of Rs 4.4 billion.

Remarkably, six listed companies, including Dibyashwori Hydropower Limited (DHPL), Peoples Hydropower Company Limited (PHCL), and Sonapur Minerals and Oil Limited (SONA), each experienced a significant gain of 10%, triggering a positive circuit for the day.

Conversely, Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) faced the most decline, suffering a loss of 5.10% and closing at a market price of Rs 745 per share.

Analyzing sector performance, all sectors closed in positive territory. The HydroPower Index demonstrated the highest gain at 3.08%, while the Trading Index recorded the smallest gain at 0.17%.