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NEPSE Index Gains 25.88 Points Amid Broad Market Rally

NEPSE Index Gains 25.88 Points Amid Broad Market Rally

Economist Nepal

Tue, Kartik 6 2081

NEPSE Index Gains 25.88 Points Amid Broad Market Rally

Kathmandu: The Nepal Stock Exchange (NEPSE) closed on a positive note on Tuesday, adding 25.88 points, or 0.98%, to settle at 2,665.81. The market witnessed healthy investor participation, with the total turnover amounting to NPR 4.17 billion. A total of 10,962,281 shares were traded across 314 companies, completing 53,678 transactions throughout the session.

The day saw multiple stocks delivering strong performances, with key gainers leading the rally. Rawa (RAWA) posted an impressive gain of 8.86%, closing at NPR 860. Similarly, Mount Everest Hotel Limited (MEHL) rose by 7.82%, ending at NPR 400. Taragaon Regency Hotel Limited (TSHL) climbed 6.36% to NPR 920, while Muktinath Bikas Bank Limited (MSLB) advanced by 6.10%, closing at NPR 1,634. Likewise, Mount Kailash Investment Company (MKJC) surged 6.09% to NPR 468.90.

The session also saw high turnover from several leading stocks. Global IME Finance Limited (GFCL) recorded the highest turnover of NPR 173.24 million, with its stock priced at NPR 1,045.10. Kumari Bank Limited (KBL) followed closely with a turnover of NPR 138 million at NPR 240.90. Meanwhile, Himalayan Distillery Limited (HRL) posted a turnover of NPR 122.84 million, trading at NPR 865. Other top turnover performers included Premier Insurance (PHCL) with NPR 109.99 million at NPR 475 and Nepal SBI Bank (SBI) with NPR 89.32 million at NPR 488.90.

Overall, 199 stocks advanced, 40 declined, and 5 remained unchanged, reflecting a broad-based recovery in the market. The positive close points toward growing investor confidence, with sustained interest across various sectors. The day’s momentum also highlights improving sentiment in Nepal’s stock market, suggesting that investors remain optimistic despite recent fluctuations.

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