July 11: The last trading day of the week saw a 1.31% increase on the NEPSE, closing at 2204.61 points on Thursday. The NEPSE index surpassed 2,200 points for the first time in nearly a year.

Previously, the NEPSE index closed at 2,250.50 points on July 24, 2023. Despite surpassing the 2,200 mark in intraday trading, it had not closed above that level.

Overall, investors are optimistic about the market. Trading volumes are increasing, and this influx of new investors can be expected to continue.

Particularly, the announcement of a coalition government between the Nepali Congress and the CPN UML has had a positive impact on stock market sentiment. Similarly, the central bank is expected to implement monetary policies aimed at stimulating the economy.

During today’s trading session, 331 scrips were traded through 87,086 transactions. A total of 20,237,780 units of shares were exchanged, resulting in a total turnover of Rs 7.8 billion.

CEDB Hydropower Development Company Limited (CHDC) led the turnover with a total transaction value of Rs 15 crore. Balephi Hydropower Limited (BHL) saw the highest gain of 9.99%, closing at a market price of Rs 421.50 per share.

On the contrary, Samaj Laghubitta Bittiya Sanstha Limited (SAMAJ) faced the maximum loss of 4.59%, closing at a market price of Rs 2932 per share.

In terms of sector performance, all sector indices closed in the red except for the Microfinance Index and Trading Index. The Banking Index gained the highest at 3.06%, while the Microfinance Index lost 0.53%.