NEPSE Closes Near 2800; Turnover Reaches Rs 21.86 Billion

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NEPSE Closes Near 2800; Turnover Reaches Rs 21.86 Billion

August 5: The Nepal Stock Exchange (NEPSE) Index saw a significant gain of 40.76 points, or 1.47%, closing at 2796.38 on the first trading day of the week on Monday.

During the trading session, a total of 326 scrips were traded through 238,078 transactions. The exchange witnessed 49,773,730 units of shares being traded, resulting in a total turnover of Rs 21.86 billion.

The Himalayan Re-insurance Company (HRL) led the market in terms of turnover, with a total transaction value of Rs 1.26 billion.

 Eight companies, including Ru Ru Jalbidhyut Pariyojana Limited (RURU), CEDB Hydropower Development Company (CHDC), and Sagarmatha Jalbidhyut Company Limited (SMJC), each saw gains of 10%, hitting the upper circuit limit for the day.

Conversely, Nepal Finance Limited (NFS) experienced the largest loss, dropping 10% and hitting the lower circuit.

The market's broader indicators showed mixed results. The Sensitive Index incurred a loss of 0.19%, while the Float Index and Sensitive Float Index fell by 0.93% and 1%, respectively.

Sector-wise, seven sectors, including Hotels and Tourism and the Investment Index, closed in positive territory. On the other hand, six sectors, such as the Finance Index and Microfinance Index, ended the day in the red.

The Finance Index recorded the largest decline, falling by 4.61%, whereas the Hotels and Tourism sector saw the most significant gain, increasing by 6.69%.

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