NEPSE Gains 35.55 Points to Close at 2696.65

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NEPSE Gains 35.55 Points to Close at 2696.65

July 30: The Nepal Stock Exchange (NEPSE) experienced a gain of 35.55 points, or 1.33%, closing at 2696.65. This increase followed a correction of 20.46 points on the previous trading day, marking a positive shift on the third trading day of the week.

Market experts and seasoned investors attributed this rise to positive investor sentiment, driven by the monetary policy issued by the Nepal Rastra Bank.

During today's trading session, 329 scrips were traded through 206,643 transactions. A total of 40,371,778 units of shares changed hands, resulting in a turnover of Rs 17.26 billion.

Himalayan Reinsurance Company (HRL) led in turnover, with transactions totaling Rs 60 crores. Progressive Finance Limited (PROFL), Barun Hydropower Limited (BARUN), Sanjen Jalavidhyut Company Limited (SANJE), and Nepal Warehousing Company Limited (NWCL) all gained 10%, reaching their daily upper circuit limit.

On the downside, Asian Hydropower Limited (AHL) recorded the largest loss, falling 10% to close at Rs 792 per share.

The Sensitive Index rose by 0.67%, while the Float Index and Sensitive Float Index increased by 1.17% and 0.76%, respectively.

In terms of sector performance, all sectors closed in positive territory, except for the Banking Sector, Mutual Fund, Non-Life Insurance, and Trading Index.

Hotels and Tourism Index saw the highest gain of 5.99%, while Banking Index incurred the maximum loss of 0.76%.

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