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NEPSE Index Climbs by 24.53 Points in Pre-Open Session

NEPSE Index Climbs by 24.53 Points in Pre-Open Session

Economist Nepal

Sun, Asoj 6 2081

NEPSE Index Climbs by 24.53 Points in Pre-Open Session

Kathmandu: The Nepal Stock Exchange (NEPSE) saw a positive start today, with the index rising by 24.53 points (0.95%), closing at 2,601.29 at 10:45 AM.

A total turnover of Rs 15,155,643.95 was recorded, with 34,840 shares being traded across various sectors. The market performance saw 70 stocks advancing, while 15 stocks declined, and 7 stocks remained unchanged.

The upward movement in the NEPSE index reflects a strong market sentiment as investors eye potential gains heading into the day. The market remains closed for pre-opening trades as of now.

The pre-open session in the Nepal Stock Exchange (NEPSE) is a short trading period that takes place before the regular trading hours begin. It allows market participants to place their buy and sell orders, which helps in determining the opening price of stocks for the day. During this time, buyers and sellers can submit orders, but actual trading does not occur until the regular market opens.

In the pre-open session, orders are collected, modified, or canceled without executing any trades. Based on these orders, the system calculates the opening price for stocks, ensuring a smoother and more balanced start to the trading day. Once the pre-open session closes, regular trading begins, and the stock prices reflect the initial demand and supply.

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